Cryptex

Summary In response to recent market-wide volatility and its impact across the industry, this proposal requests the transfer of additional funds to the operations multisig to maintain contributor compensation, brand execution, and essential operational infrastructure through the end of Q2 2025. This adjustment ensures that Cryptex can continue delivering on its roadmap without disruption.

Background In our original H1 2025 Operating Expenditures proposal, the DAO approved a treasury transfer to fund contributor compensation, brand development, and operational needs across Q1 and Q2. That budget was developed using market assumptions current at the time.

It is important to note that no buffer was previously requested from the DAO Treasury in the event of such market volatility. Due to the industry-wide decline, a shortfall has now emerged for May and June. To avoid interrupting planned operations, a supplemental transfer is required.

Proposal Details For Q2, we propose a supplemental transfer of 120,000 CTX from the DAO treasury to the operations multisig. These funds will be applied proportionally across the same previously approved categories:

• Contributor compensation (full-time and part-time) • Brand initiatives • Operational expenses (legal, accounting, development, insurance, etc.)

No new initiatives or categories are being introduced. This proposal addresses the gap caused by market-wide volatility.

Rationale Market-Wide Volatility – The broader crypto market has experienced significant and prolonged contractions. Our original budget assumptions, made in good faith, no longer reflect current conditions. Operational Continuity – This adjustment prevents disruption to critical development, contributor support, and ecosystem growth. Commitment to Contributors – Our obligations to contributors and service providers must be honored to preserve trust, credibility, and retention. Purpose-Driven Treasury Use – This is precisely the type of scenario the treasury was designed to absorb—ensuring Cryptex remains operational during periods of external volatility as we work towards net revenue positive. Strategic Timing – Q2 is a critical execution window with live roadmap milestones, technical deployments, and market growth initiatives already in motion. Ongoing Initiatives As part of our continued execution in Q2, contributors are actively progressing on the following strategic initiatives:

Institutional Readiness – A redesigned website and application are underway, tailored for institutional audiences as we prepare for integrations and onboarding. Lending Infrastructure – Following the recent Chainlink CTX oracle deployment, we are building a lending network to unlock broader utility and liquidity opportunities. Advocacy & PR Expansion – As approved by the DAO, we are scaling our advocacy and media presence to defend DeFi policy interests and increase ecosystem visibility. Funding Source As with previous budget cycles, the requested funds will be transferred directly from the DAO treasury and distributed via the operations multisig.

Transparency & Accountability Complete financial reporting covering Q1+Q2 2025 expenditures and outcomes are updated monthly, ensuring continued transparency and accountability to the DAO.

Conclusion This is not an expansion, it’s a stabilization. While market turbulence is beyond our control, maintaining operational continuity is not. This supplemental adjustment allows Cryptex to uphold its commitments, protect its momentum, and continue building with integrity.

Voting YES – Approve the additional treasury transfer to maintain uninterrupted operations through the end of Q2 2025 NO – Reject the transfer, which may result in reduced operations.