Move funds to Krause Houses’s Gnosis Safe on Polygon (0x40eDBC75C543954CDD9c5ae7398342788F46A85B) for the purpose of paying contributors on streams and generally increasing payment options.
200000 USDC (~6.7%), 280000 $KRAUSE (~18%)
Note: We can add/remove tokens at any time, making the particulars of this amount somewhat negligible.
Payments are expensive on Ethereum L1, and thus small reoccurring payments are not practical, hurting contributor experience. Polygon allows us to bridge tokens back and forth to chain with cheaper gas fees, allowing us to avoid gas concerns and pay contributors how they'd like with negligible transaction fees. This also allows us to run more on chain experiments (like prediction markets and commitment staking) using our existing assets.
This does not prevent us from using other rollups or chains moving forwards.