Should the DAO bridge funds to Polygon before sending to Grantees/Employees?

by 0x153b2252eddcb3690ae6f5e9f38be13779e1364d (REDACTED)

Linked Pre-Proposal

Should the DAO Bridge MANA and Stables to Polygon?

Summary

Reduce the gas fees incurred by the community by bridging funds to polygon prior to sending them to grant recipients and committee members.

Abstract

There is a reason Decentraland pivoted from mainnet to Polygon, and it only makes sense to transition the majority of financial activity from mainnet to Polygon to reduce the cost of doing business.

Motivation

If you've ever been paid $100 in an ETH stable for work you did for a grant recipient, you know exactly how frustrating it is to find out it will cost $36 in gas to be able to swap those funds into another token.

Specification

The DAO already converts Mana to stable coins before sending to grantees. Now they will simply bridge them to Polygon prior to sending them to the community.

Conclusion

This will really help the community better execute and work within their project budgets.

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp