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YamYamby0xbdac5657eDd13F47C3DD924eAa36Cf1Ec49672ccfeddas.eth

YIP-63: Add 20,000 $YAM tokens to the general expense fund.

Voting ended almost 5 years agoFailed

Title: YIP-63: Add 20,000 $YAM tokens to the general expense fund. Author: @Feddas

Forum discussions: https://forum.yam.finance/t/yip-add-20-000-yam-tokens-to-the-general-expense-fund/1452

Basic Summary Previously Yam has approved a general expense fund of $5000 yUSD + 30,000 $YAM: https://forum.yam.finance/t/yip-add-30-000-yam-tokens-to-the-general-expense-fund-and-convert-it-to-a-2-of-3-multi-sig-wallet/1293

We have distributed 19,441 $Yam out of the 30,000 $Yam allocated.

https://gnosis-safe.io/app/#/safes/0x744D16d200175d20E6D8e5f405AEfB4EB7A962d1/balances

Current Assets: 10559.00 YAM 4,100.00 $yUSD

This proposal adds 20,000 $YAM from the contributor vesting pool. It will still be used for small general expenses, bounties, on-boarding new contributors before voting on part or full time compensation, marketing campaign costs, etc.

Abstract Here’s a full reconciliation of all distributions from general expense fund from 1.29.2021 to 4.30.2021

Foo

Motivation The general expense fund would be responsible for: Yam infrastructure expenses New Contributor trials / on-boarding Development / collaborative tools Gas costs Small misc expenses directly related to Yam If it is possible to pay in $YAM, then it should be the first option. When funds are low in the account, a top-up request for additional funds will be made.

Off-Chain Vote

Add 20,000 $YAM to Gen Exp Fund
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Do not add funds
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Timeline

Apr 01, 2021Proposal created
Apr 01, 2021Proposal vote started
Apr 06, 2021Proposal vote ended
Apr 28, 2024Proposal updated