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Knights of Degen DAOKnights of Degen DAOby0x01a719a37c75F63968C0E597318914Fb3210608fBenji

Year One Budget

Voting ended over 2 years agoSucceeded

SUMMARY This proposal seeks approval for the operating budget of the DGEN DAO for its first year of operation.

DESCRIPTION The Budget Proposal is designed to outline the financial framework through which the DAO will provide funding for its committees and facilitate the expansion of the ecosystem. Furthermore, it establishes the mechanisms for compensating individuals contributing to the growth of the ecosystem.

MOTIVATION The budget proposal underscores our commitment to decentralized decision-making and efficient resource allocation within the DAO. Through transparent and community-driven budgeting, we aim to drive innovation, growth, and sustainability across the ecosystem. By adhering to the principles of open governance and accountability, we strive to create lasting value for all stakeholders and achieve our collective vision.

TECHNICAL DETAILS The Budget Proposal serves as a strategic roadmap for the DAO's financial activities. It outlines how committees will be funded, how ecosystem growth will be supported, and how contributors will be compensated. By aligning financial resources with the DAO's goals and priorities, this proposal aims to foster sustainable growth, community engagement, and the overall success of the decentralized ecosystem.

BUDGETARY ANALYSIS Day 0 Unlock 90,000,000 Year 1 Monthly Unlock 45,000,000 Year 1 Budget Proposal (25,000,000) End Year 1 Unlocked Balance 110,000,000

USEFUL LINKS • You can find a copy of the year one budget here: https://docs.google.com/spreadsheets/d/1jaRegh-nziGBVJ_5octj_oFSaD9nkmKu/edit?usp=sharing&ouid=115033250383984937111&rtpof=true&sd=true

ARGUMENTATION

FOR • N/A

AGAINST • N/A

DAO VOTE Voting Details: • Because this is an Expedited Proposal, the discussion period will be open for twelve hours. After the discussion period the vote will be open for 24 hours and be approved by a majority of votes cast during the 24 hour period. • Any holder of a DGEN token is eligible to vote. • One token equals one vote.

Off-Chain Vote

For
1.6M DGEN98.8%
Against
9.14K DGEN0.6%
Abstain
10.99K DGEN0.7%
Download mobile app to vote

Discussion

Knights of Degen DAOYear One Budget

Timeline

Aug 02, 2023Proposal created
Aug 03, 2023Proposal vote started
Aug 04, 2023Proposal vote ended
Oct 11, 2024Proposal updated