RIP44: Redacted v2 Budget Proposal v3
As per the second Redacted v2 Budget Proposal, the DAO was funded by a $1.200 million to $1.380 million budget from 1 December 2022 - 31 May 2023 (with a budget of $200k for audit fees). During this period, this budget was funded by the stablecoins in the treasury and the DAO Reserves received no protocol revenue share, with its share being redirected to rlBTRFLY holders.
Given the ongoing negative market situation, in order to support the continued development of Redacted’s product suite, including Dinero and other exciting products, we propose a budget for salary compensation and other DAO expenses for 1 June 2023 - 30 November 2023 of $1.200 million increasing to up to $1.500 million if and when we hire new contributors, and a budget of $400k for audit fees.
As before, during this period, this budget would be funded by the stablecoins in the treasury and the DAO Reserves will receive no protocol revenue share, with its share being redirected to rlBTRFLY holders.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x3143...B0e10A | 1,762 | Approve budget |
 0xf6a9...9aa46B | 1,109 | Approve budget |
 0x388d...76a0E6 | 1,101 | Approve budget |
 0x8f10...D5b301 | 1,001 | Approve budget |
 0xD54d...697799 | 592 | Approve budget |
VOTE POWER
Proposal Status
- Sun May 21 2023, 05:23 pmVoting Period Starts
- Tue May 23 2023, 05:23 pmEnd Voting Period
Current Results
1-Approve budget
7,525.793