In order to support the continued development of Dinero Protocol, including the bootstrapping of pxETH and the development on the Dinero stablecoin (pxUSD) and the Dinero Relayer, we propose a development team budget for salary compensation and other DAO expenses for 1 December 2024 31 May 2025 of $1.350 million increasing to up to $1.500 million if and when we hire new contributors, and a budget of $400k for audit fees.
During this period, this budget would be funded by the treasury and the DAO Reserves will continue to receive no protocol revenue share, with its share being redirected to the sDINERO rewards pool.