Move 200000 USDC + 280000 $KRAUSE to Polygon Multisig
Move funds to Krause Houses’s Gnosis Safe on Polygon (0x40eDBC75C543954CDD9c5ae7398342788F46A85B) for the purpose of paying contributors on streams and generally increasing payment options.
Amount
200000 USDC (~6.7%), 280000 $KRAUSE (~18%)
Note: We can add/remove tokens at any time, making the particulars of this amount somewhat negligible.
Why?
Payments are expensive on Ethereum L1, and thus small reoccurring payments are not practical, hurting contributor experience. Polygon allows us to bridge tokens back and forth to chain with cheaper gas fees, allowing us to avoid gas concerns and pay contributors how they’d like with negligible transaction fees. This also allows us to run more on chain experiments (like prediction markets and commitment staking) using our existing assets.
Notes
This does not prevent us from using other rollups or chains moving forwards.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x7b7b...f64525 | 249,963 | For |
 0x1983...4A5E7E | 125,081 | For |
 0x5755...506680 | 49,993 | For |
 0xAEa9...6f0112 | 22,200 | For |
 0x99b5...Cc4d08 | 11,976 | For |
VOTE POWER
Proposal Status
- Tue December 28 2021, 12:00 amVoting Period Starts
- Fri December 31 2021, 12:00 amEnd Voting Period
Current Results
1-For
488,388.508
2-Against
403.7
3-Abstain
50