As described in this forum post, the mStable GrantsDAO entity is seeking initial funding to bootstrap their operations and kickstart the recruitment process from the community.
They are seeking a total of 20,000 mUSD to cover operational costs, such as website, domain, emails, and required workspaces for one year, and an additional 50,000 MTA for incentives to cover time and effort for the grants committee members to establish required processes, attract and source grant applications, and provide content marketing support, amongst other things.
If approved in this public snapshot vote, funds will be disbursed to their Gnosis Safe address: 0x5Ed2a924cD735D725fCCa11180f7b682e614e70a
Should we fund the amount requested by the GrantsDAO to bootstrap their formation and kickstart the process as described above?