NMDP 7: Q3 & Q4 2024 | DAO Teams Budget Request Proposal (706,500 USDC + 2464 wNXM)

Summary

In the last two quarters, the active DAO teams–Communication, Research and Development (R&D), and Investment Committee–have worked on behalf of members and focused on the priorities outlined in the NMDP: Q1 & Q2 2024 | DAO Teams Budget Request Proposal forum post.

Now that the six-month funding period is coming to an end, the DAO team leads have outlined the proposed teams, their current priorities, and the DAO teams’ 12-month budget request in this proposal. They're shifting to a 12-month funding request format but plan to share bi-annual updates on our progress and priorities going forward.

The DAO teams have shared an RFC and a formal NMDP on the forum over the last month, which can be reviewed in the forum posts linked below.

• [RFC]: Q3 & Q4 2024 | DAO Teams Budget Request Proposal
• NMDP 7: Q3 & Q4 2024 | DAO Teams Budget Request Proposal

Voting Options

• Option 1: Approve request
• Option 2: Do not approve request
• Option 3: Abstain

12-Month Budget Request

In total, the DAO teams are requesting:

• 706,500 USDC
• 2,464 wNXM

This represents a request for 12 months of funding, which will be distributed on a quarterly basis from the DAO treasury.