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Layer 3 EcollectiveLayer 3 Ecollectiveby0xa455656ca265Aa17a15238692aE00fad0dE5bE74ihargov.eth

L3 Safe Administration and Expenses spending

Voting ended about 2 years agoSucceeded

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:

  1. We need to cover Saulo's expenses on L3 Eth Safe deployment. 1113 Eco ($17.01). Should be sent on his Beam - saulo.beam.eco from Layer 3 Op Safe.
  2. We need to send Subspace 10.57$ in ETH to his Eth wallet - 0xf4D3E8F6B9874FACe34AD8b49E1932A27C92A8F4 to cover his expenses for this https://discord.com/channels/768556386404794448/1186721903164006500/1187429179554279574
  3. We need to return MikeWeb 10K Eco and 0.01 eth as stated here https://etherscan.io/tx/0xf7c2d804949d883dea1b7b4472dcb487192a550489cba0cfacdcab542b342f26 - all sent to his Eth address - 0x2c3021bbbe1a8d50c200f9489b557377ebecdf9a

DO YOU APPROVE OF SUCH SPENDING?

Off-Chain Vote

For
22 VOTE95.7%
Against
0 VOTE0%
Abstain
1 VOTE4.3%
Quorum:110%
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Timeline

Jan 14, 2024Proposal created
Jan 17, 2024Proposal vote started
Jan 20, 2024Proposal vote ended
Oct 11, 2024Proposal updated