Proposal Champion(s): Hiro Kennelly, trewkat Date: 8/8/2024

Summary

As part of Optimism Collective’s call for content under its Collective Intents initiative in mid-2023, a number of BanklessDAO org units participated in “BanklessDAO’s Global Campaign to Spread the Optimistic Vision.” You can find a copy of the proposal here: https://gov.optimism.io/t/final-banklessdao-s-global-campaign-to-spread-the-optimistic-vision/6113, and a copy of the Budget, here: https://docs.google.com/spreadsheets/d/1KuSJFMaiWn4dbK7Lu-lK9cUZ68HzGarxcdKwxZV2GE8/edit?usp=sharing (the “Budget”)

The grant proposal was approved by Optimism delegates, the org units completed the work under the terms of the proposal, and now, after almost a year vesting period (as per the terms of the Intents initiative), OP has disbursed the tokens on August 6, 2024 to the DAO Vault: https://optimistic.etherscan.io/tx/0xf7148296ff3eb461254e4eb768c0ed7848256bf7563c21347d3673a50781b74f.

This proposal requests that tlBANK holders authorize the DAO’s multisig to disburse the OP tokens per the terms of the Budget. tlBANK holder authorization is required per the Forum post pausing DAO funding, which can be found here: https://forum.bankless.community/t/banklessdao-multisig-funding-pause-and-bdao-reorganization/10469.

Under those terms, Vault disbursements must be approved by tlBANK holders.

For transparency, there is an ongoing conversation on Forum regarding this disbursement: https://forum.bankless.community/t/funding-our-shared-future-op-distribution/10706

Specifications

Upon approval of this proposal, the DAO Vault multisig signers will be asked to disburse the OP tokens as detailed in the Budget.