As per SDIP-40, this is a Regular Proposal and has a Quorum to Pass of 50 SD NFTs and a Minimum Participation of 5 voters.
This proposal has three objectives:
- To report and provide a breakdown of expenses incurred since the last budget was approved in February 2025;
- To request 24,655 USDC to top up the $25k discretionary funds as per SDIP-29; and
- To authorize the Treasury multi-sig holders to replenish the discretionary funds on an as-needed basis, removing the requirement for recurring budget proposals, while maintaining continued transparent reporting.
This reflects the DAO’s cost-conscious operating approach and multi-year track record, under which budget proposals have become increasingly infrequent, demonstrating prudent and responsible stewardship of DAO resources.
The breakdown of expenses since last budget passed in February 2025 is as follows:
- NFT Paris 2025: $1,218
- LACMA Event 2025: $2,760
- Marfa 2025: $4,997
- NFT Lisbon 2025: $2,140
- MoMA 2026: $5,169
- Marketing: $130
- Merch: $3,043
- IT Tools: $5,200