Summary To strengthen the collaboration between the IPOR DAO and the IPORIAN group, this proposal requests a renewal of the IPORIAN budget allocation as provided in the previous quarter. The proposal recommends a total monthly budget of $4,500, to be distributed as a fixed budget + flexible IBI based on the IPORIAN count, subject to quarterly reviews.
The IPOR tokens used as payment will be sent to an Arbitrum safe (multisig) wallet, with 2 of 3 signers (Marco, Rado, and Sage).
Address: arb1:0xB13b5dfF1BA81Ba863bebA18ba6D12C3d41592A9
This proposal focuses on approving the budget for the specified period and reviewing the Q2-2024 performance and compensation of the IPORIANS.
Note: All $ quoted amounts are in USD. These values will be converted and allocated as IPOR tokens, based on the average daily market value. This calculation starts from the 1st day of each month to the end of the month's closing price, using CoinGecko historical data [see Average Daily Price Code in Appendix) . There is a minimum IPOR token price limit of $0.6. All proposed budgets are subject to DAO approval.
Proposal: https://docs.google.com/document/d/1UXIuNu2hb7dUU8ULReLl5YejGR-BqwFt15UcnyrFpOE/edit?usp=sharing
(If there are no strong objections to the proposal after 7 days, it will be moved into formal governance for a consensus vote on Snapshot.)