As WGC-4 has come to a conclusion, a new update was made to reflect the new outcomes, budget, and timelines.
Outcomes was updated from prior outcomes (below), to reflect the new focus of the Legal Working Group. The budget has changed from $30,000 a month retainer, to a flat $250,000 fee. This is to accommodate the legal costs and services related to corporate entity structuring. The timeline has also been updated to another 60 days, which means the Legal Working Group will be in action until June 3, 2024.
Are you in favour of this decision?
Off-Chain Vote
Yes
4 INX COUNCIL100%
No
0 INX COUNCIL0%
Timeline
Apr 03, 2024Proposal created
Apr 03, 2024Proposal vote started
Apr 08, 2024Proposal vote ended
Mar 18, 2025Proposal updated