This is a proposal to allocate funds to administer the Layer 3 Ecollective safe on Ethereum (eth:0x2a947049EC58BE1Bc08614101D0b3D43BA977f95)
We have 6 active signers from Layer 3 there, and to ensure a smooth and timely process of signing transactions - many of the safe signers have expressed a desire for ETH to pay commissions upfront. So the main idea is to send each of the 6 signers some ETH to cover at least 2 transactions by each of them (only the last who sign pays the fee). If approved by Layer 3, we need to send 0.0119 ETH to each wallet out of 6 active signers:
0x2c3021bbbe1a8d50c200f9489b557377ebecdf9a (Discord: mikeweb) 0xf4D3E8F6B9874FACe34AD8b49E1932A27C92A8F4 (Discord: subspacing) 0x3e3d57390120aeeb3e6eb10328a2b6e9279bf8f2 (Discord: Docdim#1444) 0xf947f51550563338bb7638970c463284341174b1 (Discord: slava2946) 0xbff6aef93d289e6b706f67994224fa83523abb37 (Discord: k3pdi) 0x30bcCF5933bDcCe665C351227bdC4e6fF17771F0 (Discord: Lewis_08)
0.0119 ETH equals ~30$ at today's prices. I'm assuming that one transaction will cost an average of $15 and that gas prices will remain high. The overall amount to send to signers upfront is ~11800 Eco which needs to be swapped for ETH and sent with multisend.
2 transactions each signer = 12 transactions on Eth Safe which we cover with this amount. My rough estimate is that we will need to do about 10-12 transactions on Eth Safe before the end of the season.
Also, to close out some of Layer 3's debt obligations to its members - we need to send the following:
DO YOU APPROVE OF SUCH SPENDING?