Fund Development Grants

Proposed by @monet-supply.

Background

@mubaris has created some contracts for on chain governance and liquidity incentive distribution (Github link here). These will be invaluable to the DAO moving forward, and it seems fitting that these contributions are properly recognized and rewarded.

PastaDAO also benefits from the previous open source development work of other protocols including Compound (governor alpha and comp token frameworks) and Uniswap (infrastructure for PASTA/ETH liquidity). Granting funds back to these organizations sets a positive example for open source development and could help build goodwill between communities.

Proposal

I propose granting 120,000 PASTA from the DAO multisig to the following grantees for their contribution to the PastaDAO codebase:

• @mubaris: 60,000 PASTA for development of the Pasta Chef and governance contracts Address: mubaris.eth Terms: 30,000 PASTA will be released immediately upon vote approval, with the remaining 30,000 PASTA released after 3 months

• Compound governance: 45,000 PASTA for development of COMP token and governor alpha contracts Address: 0x6d903f6003cca6255D85CcA4D3B5E5146dC33925 (Compound governance timelock) Terms: 45,000 PASTA will be released after the price of PASTA reaches $1.

• Uniswap governance: 15,000 PASTA for development of Uniswap v2 Address: uniswap.eth (Uniswap governance timelock) Terms: 15,000 PASTA will be released after the price of PASTA reaches $1.

Next Steps

If this proposal is approved by voters, the multisig will be authorized to transfer 120,000 PASTA to the grantees listed above according to the specified terms.

I also plan to work with the DAO on additional funding proposals for any other community development needs. Everyone is welcome to join us in Discord to discuss this and future proposals.

Proposal Question

Do you approve granting 120,000 PASTA from the DAO multisig to the parties listed above?