[Budget-002] 2022 Q1 - Spending Budget (2)

Title: Q1 2022 - Spending Budget 2 Author: @keeevin Budget Proposal: Budget-002

Budget Summary

This proposal establishes the following budgets for 2022 Q1:

WG	Spending Category	Budget	Description
Ecosystem	Sponsorships	$27,000 & 60 WRAP	Co-sponsor W3F grant for Polkadot wrapper development

Budget Details

• The DAO originally approved $22K co-sponsor spend here which expired in Feb 2022
• This new proposal allocates $27K to the sponsorship budget for Mar 2022
  • This proposal requests $5K more to co-sponsor than the original
  • W3F's grant to ChainSafe (who is leading the development) would be lowered from $55K to $50K.
  • $50K grants fall in the range of a Level 2 grant rather than a Level 3, which has faster approval processes

Links

• Original Proposal
• W3F Grant Proposal

Governance

• Discussion Period: Mar 2 to Mar 4, 2022
• Voting Period: Mar 7 to Mar 9, 2022