DRS Budget Runway (3 Month)

Overview

This proposal is aimed to secure a runway budget for the upcoming seasons of the DRS for the Frankenpunks Community.

Goals

The main goal of this proposal is to reward individual holders who actively participate in the DRS through rewards including NFTs, Tokens, Etc.

FrankenDAO Benefits

-Value being provided back to active community members -Boost overall project engagement -Attract new people to the Frankenpunks ecosystem and re-engage old community members (Hopefully)

Timeline

This budget proposal can go into effect immediately and should provide the funds for a healthy 3 month runway minimum for the DRS.

Execution plan

The funds for the DRS Budget will be held in a Gnosis Safe(Alpha Trading Wallet) until the time of release for those funds after the concluding of each respective season. Following the conclusion of each season, the funds will be sent to a safe/unused hot wallet and will be dispersed to each winner from that wallet to minimize gas costs for each transaction.

Budget and fund utilization

-Total Budget= 5 Eth -Estimated Budget per DRS Season (Over next 3 months)= Approx. 1.25 Eth/Season -Expectations for timeline: This proposal should provide funding to hold DRS seasons until at least Mid March 2024.

What areas of the community does this touch?

General, FrankenPunks

Proposed transactions

Transaction #1

FrankenDAO sends 5 $ETH to 0xC926e0aB73e0B962821f90C5333a39C4170689a9