Introduction

The proposal "Add Deflationary Component to Kimchi Ecosystem" has successfully passed with a support level of 100% : https://bit.ly/3sR5lw1

The next step is for us to decide what type of fund will be best for our needs and where/how we can establish it.

Details

There are a couple ways that we can go about establishing a fund.

At this point, the easiest and most direct way to establish a fund appears to be by submitting a proposal to receive a grant.

So far we have only received one suggestion for a grant source, and that is Gitcoin. https://gitcoin.co

Proposal

This proposal has a few different Choices.

We can either:

1. Pursue a Gitcoin grant
2. Consider other grant sources
3. Do not pursue a grant at this time