eIP 60 Ecosystem Initiatives Proposal
Abstract
The Euler Foundation requests approval from the Euler DAO to distribute up to 1,000,000 EUL and 300,000 USDC to strengthen the Euler ecosystem.
These resources will be deployed at the discretion of the Euler Foundation to target initiatives that cultivate a more engaged and diverse community of stakeholders.
The aim of this proposal is to support the protocol’s upcoming relaunch, with a focus on growth and further decentralisation.
Motivation
In preparation for the protocol’s relaunch, scheduled for July 2024, the Euler Foundation has been working diligently to set up infrastructure and create initiatives to support existing and potential stakeholders in the Euler ecosystem.
To support this ongoing work, the Foundation is seeking to establish a discretionary fund of 1,000,000 EUL and 300,000 USDC to nimbly respond to and capitalise on opportunities that bolster the protocol and its ecosystem.
This strategic allocation will enable the Foundation to act quickly and efficiently to enhance the resilience and sustainability of the Euler ecosystem. Through these efforts, the Foundation aims to promote the continued development and success of the Euler protocol.
It is important to clarify that none of these funds will be distributed to members of the Foundation. Instead, the funds will be dedicated solely to initiatives that directly support the ecosystem’s advancement and the protocol’s broader objectives.
Specification
Fund the multisig 0x967B10c27454CC5b1b1Eeb163034ACdE13Fe55e2 with the following:
1,000,000 EUL 300,000 USDC
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xFB7c...9d038A | 80,054 | For |
 0x6C32...0f3B2a | 39,159 | For |
 0x65d9...A62D78 | 10,354 | For |
 0xeD95...efe33F | 4,558 | For |
 0x4272...7C8553 | 898 | For |
VOTE POWER
Proposal Status
- Thu May 30 2024, 04:00 pmVoting Period Starts
- Wed June 05 2024, 04:00 pmEnd Voting Period
Current Results
1-For
135,455.491