Quantum Biology DAO DP-19: Quantum Biology Institute Revised Tideover Budget for June 2025 v1.0
The following is v1.0 of the “Quantum Biology Institute Revised Tideover Budget for June 2025” proposal.
This proposal is marked "fastest" and as such will be in Phase 3 in Snapshot for 1 day.
Hence, votes will be taken into account if posted before 1:30pm PT | 4:30pm ET on Thu May 29 2025.
This is Phase 3 of DAO governance. QBIO token holders are invited to participate in token voting.
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Quantum Biology Institute Revised Tideover Budget for June 2025, v1.0
Quantum Biology DAO Development Proposal - 019 (QBIO DP-19)
Title: Quantum Biology Institute Revised Tideover Budget for June 2025
Summary
Quantum Biology DAO Development Proposal - 019 (QBIO DP-19) approves a grant to the Quantum Biology Institute to fund its operations for June 2025.
Background
The Quantum Biology Institute is the premier research institute for quantum biology and also the funding source for most of the Quantum Biology DAO co-founders. This proposal is made to tide over the Quantum Biology Institute operational costs for one month; a full grant proposal covering 2025 and forecasting through 2029 has been made publicly available[1]. The Quantum Biology Institute is a registered 501(c)(3) California non-profit committed to open-sourcing their research products and educating the public about quantum biology.
This proposal follows DP-16[2], which was similar, but which failed because quorum on voting was not reached. This budget is reduced because the expected date of the Quantum Biology Institute Symposium has been pushed back to August. Point 2 is also simplified to remove the requirement of an ETH transaction.
Description
1. Approval of $126,479 USD Grant for the Quantum Biology Institute
The Quantum Biology DAO will grant $126,479 USD equivalent to the Quantum Biology Institute. This grant will cover Institute operations during June 2025; a budget is included below.
2. Payment in USDC
For this grant, any payments made by the Quantum Biology DAO in USDC will be made by sending USDC from the Quantum Biology DAO treasury to the Quantum Biology Institute’s Coinbase account.
3. Grant Payment Schedule
The Quantum Biology DAO will forward the amount granted to the Quantum Biology Institute without delay.
4. Budget details[3]
Staff Compensation
Geoff Anders - $0 - Geoff is not taking salary; see below.
Clarice Aiello - $10,417
Alessandro Lodesani - $10,417
Jennilyn Gaitan - $7,083
Michael Montague - $10,417
Lőrinc Sárkány - $5,208 - Half-time
Brian Ross - $10,417
Total - $53,958
Service Providers
Leverage (Leadership & Comms) - $10,417 - This is in lieu of Geoff’s salary.
Leverage (Culture & Operational Support) - $10,417
Total - $20,833
Glendale Lab Costs
Landlord (Rent) - $19,500
Basics (Internet, supplies, security, cleaning) - $1,285 - Adjusted for actual
Amazon (Prime membership) - $17
Various (Supplies) - $5,500
Total - $26,302
JCVI Lab Costs
Various (Supply & Tech) - $10,000 - For Michael in MD at JCVI Lab
Various (Laptop for Michael Montague) - $3,500 - Was not purchased earlier
Total - $13,500
Software
Adobe (Adobe Suite) - $35
Docusign - $45
OpenAI (ChatGPT x3) - $60 - Added new user
Zoom - $16
Capcut - $20
Github (storage) - $0 - Changed to annual plan in March
Notion - (Membership for 11) - $132 - Added 2 new team members
Bit.ly - $35
Squarespace (Website (domains, emails, etc)) - $42
Total - $385
Other
Unknown expenses (Buffer) - $2,000
Reimbursement (For Clarice Aiello back for paying contractors to paint lab) - $1,200
Molecular Biology Summer Workshop (For Clarice Aiello to attend) - $4,800 - July 13 – July 26, 2025
Total - $8,000
Total (June 2025) - $126,479
Conclusion
Granting one month of funding for the Quantum Biology Institute’s operations will allow it to pay its staff and continue operations for the month of June 2025. During this time, design of the microscope and the microbiological magnetic studies will continue. This material for this budget is largely derived from the Institute’s proposed Annual Budget[1] covering the effort to advance the Institute’s publicly available roadmap[4], which details costs for 2025 and estimates costs through 2029.
[1] https://docs.google.com/spreadsheets/d/1PaFmfWVjh5WjUTH2sUn214JlnpjJram04ON8A-JpI4E/edit?usp=sharing
[3] https://docs.google.com/document/d/1X443q8H4pEZDrHVvK-jHD3K-TLkIfHIYcENjCs35Lgk/edit?usp=sharing
Off-Chain Vote
Discussion
Timeline
May 28, 2025Proposal created
May 28, 2025Proposal vote started
May 29, 2025Proposal vote ended
May 29, 2025Proposal updated