Botto

Summary

Please note that this Snapshot has a default 72 hour voting window.

With the end of team vesting at the beginning of October, you are voting on changes to the DAO’s organizational structure and budgets for continuing operations through the treasury. Specifically you are voting on the following:

• Core Team merges with the Core Contributor’s Programme
• Budget allocations to Core Contributor’s Programme, Community Initiatives, Software & Hardware, Marketing/Events/Travel
• ElevenYellow supports the DAO as a vendor.

Costs will be retroactively compensated for the period of October, which aligns with the ending of team token vesting. In short, allocating the proposed budgets allows for core contributors to continue operations and pursue the strategy laid out in BIP-43b: Strategic Mandate. These budgets have been accounted for with current day costs in a publicly accessible DAO Forecasting Sheet.

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Below is an overview of the requested budget by item:

Core Contributor’s Programme

Requested Monthly Budget: $70,000 USD, 100,000 BOTTO, 4ETH

Community Initiatives

Requested Monthly Budget: 25,000 BOTTO

Software & Hardware

Requested Monthly Budget: $15,000 USD

Marketing/Events/Travel

Requested Monthly Budget: $5,000 USD

Total monthly requested: $90,000 USD, 125,000 BOTTO, 4 ETH

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Please refer to these two Governance Forum posts for further reading, as they provide substantive context to the proposal:

1. Deep dive into the rationale of the organizational structure and budget: BIP-43a: Team Structure & Budget
2. Learn more about the strategy ahead for Botto: BIP-43b: Strategic Mandate