2024 DAO Ops Reload Budget

Overview:

This proposal aims to secure the necessary budget to account for all expected expenses for the remainder of 2024. This will include budgeting for team payments, end of year infrastructure costs, subscription renewals, web revamp designer costs, additional team costs (team expansion), developer on retainer costs, web revamp developer costs, end of year accounting services, and [redacted].

Goals:

This proposal secures the 2024 operating budget for the DAO.

FrankenDAO Benefits:

The main benefits of this proposal will be displayed throughout the rest of 2024 in a number of different ways. Key aspects of this proposal include accounting for future expenses that the project plans on incurring but not limited to: -Team Payments -2024 Infrastructure Costs (End of year) -End of year Accounting Services -Web Revamp Designer Costs -Web Revamp Developer Costs -On-Retainer Developer for FrankenDAO -Team Expansion/Additional Team Members (Outside Core Team) -[redacted]

Timeline:

This proposal is crucial because it allows for the project to maintain daily operations for the entirety of 2024. As a result, the timeline for this proposal carries all the way through the end of the year. Assuming that some of the funds are not used throughout 2024 for whatever reason, then it will turn into Runway for 2025 DAO Ops Budget.

Budget & Fund Utilization: Total Budget= 75 Eth Approximately Due to how large this budget is, the eth sent from the executor contract to the Ops Gnosis will be reflected within our discord and website treasury to ensure the accuracy of our treasury amount. The allocation of these funds are subject to change depending on certain events within our project in the future. That being said, this is how the budget and fund plans on being utilized currently: -Team Payments: Bulk of the Proposal for a total of 54.5 Eth. Note that this is subject to change due to a number of reasons including addition or removal of core team members and/or parabolic pump in Crypto. -EOY Infrastructure Costs: This will include mainly subscription and reimbursement fees at the end of the year for an expected total of roughly 2.2 Eth. -Web Revamp Designer Costs: Roughly .35 Eth -Web Revamp Developer Costs: Roughly .75 Eth -On-Retainer Developer for FrankenDAO: Roughly 6 Eth ($3200/month) -This is subject to change depending on the usage of the developer. -Team Expansion: 3 Eth Roughly -EOY Accounting Expenses for DAO: Roughly 5 Eth -This is another one subject to change. This is a rough estimate and anything unused will be considered as runway into 2025 for the DAO Ops proposal -[Redacted]: Approximately 6.2 Eth -More info to come on this very soon. Rough estimate so anything unused will turn into 2025 runway.

Total Budget= 75 Eth Approximately

Execution Plan: ** Execution of this proposal will occur throughout the remainder of 2024. Team payments will occur on a monthly basis while each of the other expected expenses will happen accordingly. For example, alphabot subscription renewal is on March 15th which will happen immediately compared to the allocated funds for the on-retainer dev which would be payments incrementally.

Please do note that ANY funds that go unused throughout 2024 will turn into runway for 2025. Also keep in mind that due to the size of this budget proposal in regards to our liquid eth in the executor contract, the funds in the DAO Ops budget will 100% be reflected in our website and discord treasury channel.

What areas of the community does this touch?

General, FrankenDAO

Proposed transactions

Transaction #1

FrankenDAO sends 75 $ETH to 0xb96B3d15FAA72b96f645f8E11732A4cC0E2592cA