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closedEnded a year ago · Snapshot (Offchain)

BIP-93: Infrastructure Funding Extension and Cap Adjustment for April 2025 – September 2025

By 0x42cb...A2B713

Intro

For several consecutive six-month cycles – starting with BIP-23 on Fantom and most recently BIP-74 for October 2024 through March 2025 – the Beethoven X DAO treasury has supported a capped infrastructure funding model to cover the operational costs of the beets.fi platform. This proposal seeks to extend the existing funding model for another six-month period, continuing the monthly cap of $4,500 USDC.

Additionally, this BIP requests approval for two specific one-time payments that exceed the monthly cap, to enable cost-efficient, up-front payments for essential services. Nevertheless, we anticipate the total cost to the treasury, including the one time payments, for this period to remain within the 6 x $4500 USDC total of $27’000 USDC.

Motivation

Infrastructure is a critical pillar of the beets.fi platform’s performance and availability. Costs directly correlate with platform traffic, transaction volumes, and the infrastructure resources required to deliver reliable service. While recent months have shown an encouraging decrease in monthly expenditures due to backend streamlining, we must remain equipped to handle spikes in demand and support the evolving platform.

Looking Back: October 2024 – March 2025

Infrastructure costs during the past six-month period can be characterized as follows:

  • December 2024 saw a noticeable spike in costs, largely driven by increased platform traffic, along with a temporary misconfiguration that inflated resource usage.
  • January to March 2025 experienced a steady decline in expenses, reflecting proactive streamlining efforts, including a change in RPC provider and backend service optimizations.
  • Efforts to fine-tune our infrastructure setup and anticipate further efficiency gains continue. However, we also know from experience that future developments and renewed network activity could lead to modest increases in demand and, with it, expenditure.

Summary of Expenditure October 2024 - March 2025

image2.png

Additional Funding Request for One-Off Payments

In addition to extending the existing cap of $4,500 per month, we are requesting community approval to authorize two annual payments that fall exceed the monthly cap but are deemed strategic and cost-effective:

  • Snapshot Annual Fee: Snapshot now charges a fee of $6,000 per year (or $600/month) for continued use of their governance tooling. We propose to pay this amount upfront leading to expenditure that exceeds the monthly cap.
  • Validator Infrastructure Prepayment: To secure a more favorable rate for our Sonic validator operations, we may choose to prepay $5,000 for infrastructure services associated with running the validator for at least 6 months. These payments may exceed the $4,500 monthly cap on a month by month basis.

Risks

The primary risk continues to be unforeseen spikes in infrastructure demand, which could temporarily push monthly costs beyond the cap. Should this occur, a separate BIP will be submitted to the community for approval of any additional funding.

Impacts and Specification

  • Treasury: Will fund monthly infrastructure costs up to $4,500 per month from April 2025 through September 2025, for a maximum spend of $27,000 over the period. Additionally, it will support one-time payments of $6,000 for Snapshot and $5,000 for validator infra, both of which fall outside the recurring cap but are subject to DAO approval via this proposal.
  • Team / Tokenomics / Other DAO Committees: No impact.

Execution Plan

The DAO treasury will cover the infrastructure costs up to a maximum of $4500 per month for the next six months, starting in April 2025 and ending in September 2025. In addition it authorizes one-time payments of $6,000 and $4,500 respectively. This represents a potential maximum expenditure of $37,500 for this period.

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0xA5d8...44AA40
5.411M

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0x43C4...69a89d
5.379M

For

0x5a4F...5d2dE6
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0xf0fd...dD9e77
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For

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Proposal Status
  • Tue April 29 2025, 11:01 amVoting Period Starts
  • Sat May 03 2025, 11:01 amEnd Voting Period
Current Results

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13.686M

Quorum 13.686M/1
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