Approve 2000 INV allowance to the Grants Committee from DAO treasury
A Grants Committee of 5 was elected by informal voting to manage the distribution of INV grants to individual DAO contributors.
5 committee members: DAO founder: Nour Delegates: Somer and Ben Lavabo DAO members: Knockerton and MrBrownWhale
These members have formed a 5-of-5 multisig where all decisions have to be approved unanimously by all 5 members.
Multisig Address: 0x77C64eEF5F4781Dd6e9405a8a77D80567CFD37E0
On behalf of the committee members, I request a 2000 INV allowance from the treasury to the committee multisig to fund the first batch of INV grants. This proposal does not transfer INV to the multisig address. Instead, it allows the multisig to spend up to the allowance amount directly from the treasury address.
The DAO members will reserve the right to revoke this allowance using on-chain voting if need be in the future. Additionally, as long as INV token is non-tradable, the DAO also reserves the right to seize INV from grant recipients using on-chain voting if need be.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2f80...A6f9fe | 2,900 | FOR |
 0x724F...82d02F | 2,160 | FOR |
 0x7165...2CEe8B | 2,080 | FOR |
 0xfe97...CC8318 | 1,600 | FOR |
 0x7705...1a6EaF | 1,440 | FOR |
VOTE POWER
Proposal Status
- Published Onchain
0x3FcB...50cB28 - Sat January 16 2021, 07:24 pmVoting Period Starts
- Tue January 19 2021, 11:11 amEnd Voting Period
- Tue January 19 2021, 07:18 pmQueue Proposal
- Fri January 22 2021, 12:56 pmExecute Proposal
Current Results
1-FOR
18,420
2-AGAINST
80