Repurpose the Coordinape $KRAUSE Budget for KH & BH Bounties

Repurpose the Coordinape $KRAUSE Budget for KH & BH Bounties

Author: Mario Lopes, Uncle Jon

ELI5 (Explain it Like I’m 5) Project Value-Add

Repuropse the original Coordinape $KRAUSE Budget for KH & Ball Hog related Bounties to reward members in $KRAUSE

Link to Original Proposal

https://snapshot.org/#/krausehouse.eth/proposal/0x736c0eaa14966008f4f528944e0fd0901f7aa4058c2cbd623165f7882e5eb963

Requested Budget:

Transfer the remaining balance of $KRAUSE to Mario & Jon to manage

How will funds be used?

To reward & tip members who contribute to Krause House & the Ball Hogs

Members who reach in the top rankings of Moonlit every week will earn a proportionate amount of $KRAUSE. The amount of $KRAUSE will NOT be fixed each week but rather, determined by a committee composed of Mario & Uncle Jon. Details about Moonlit can be found here.

An Etherscan of the wallet (0x2D74E850ad7712390A137465Ba273c8334c0e6b5) shows there are 20,000 $KRAUSE tokens remaining from the originally proposed budget.

If our proposal were to pass, we expect the 20,000 $KRAUSE to last until at least September 2023 with the goal of distributing no more than 8,000 $KRAUSE per month throughout the community.

How will be bounties be advertised & tracked?

Bounties will be advertised in KH Discord, KH Twitter, KH Instagram as well as Ball Hogs Twitter & Ball Hogs Instagram.

Bounties will also be advertised to partners & non-profits working with the Ball Hogs.

Bounties will be tracked in a google sheet & regularly updated.

How will funds be managed?

On a multi-sig managed by Mario Jon & Uncle Jon (2/2 signatures required) Eli, current holder of the 20k $KRAUSE to send to this multi-sig

Team

• Mario Lopes
• Uncle Jon