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dYdXdYdXby0xb55a948763e0d386b6dEfcD8070a522216AE42b1reveriegov.eth

dYdX Grants Program v1.5 Extension

Voting ended over 2 years agoSucceeded

In reference to this discussion: https://dydx.forum/t/dydx-grants-program-v1-5-extension/781

We propose extending the dYdX Grants Program with the remainling budget on hand up to an additional six months. The extension will start on September 1st, 2023, and expire on March 1st, 2024.

The program will introduce two new roles: Grantor and Operator.

Grantors will be responsible for RFPs, sourcing and recommending grants, and managing approved grants. Funding will be split between two buckets with the following Grantors:

Strategic Initiatives: Reverie Reserves, LLC Community Initiatives: RoboMcGobo

The Operator will be responsible for payments and financial reporting. Lemma Solutions will be appointed as Operator.

Finally, we also propose the following changes to the Trust:

Trustees 1. Remove

  • GFX Labs, Inc.
  • Scalar Capital Management, LLC
  • Matthew Ryan Dobel
  • Alexios Valonasis

2. Appoint

  • Felix Lutsch
  • Abra Tusz
  • Colin Chan (0xCChan)
  • Bora Nam

Enforcer 1. Remove

  • Reverie Reserves, LLC

2. Appoint

  • Cliffton Lee

If approved, this snapshot vote will serve as dYdX Consent to execute the above changes to the dYdX Grants trust.

Should the dYdX Grants Program be extended for six months?

Off-Chain Vote

Yes
60.04M DYDX100%
No
1.15K DYDX0%
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Discussion

dYdXdYdX Grants Program v1.5 Extension

Timeline

Aug 22, 2023Proposal created
Aug 23, 2023Proposal vote started
Aug 27, 2023Proposal vote ended
Apr 28, 2025Proposal updated