2023-11 Budget Update (RPIP-10)
This vote aims to correct a budget implementation error and further increase the IMC budget.
Outcomes if vote passes
- The mismatch between intent and implementation in an earlier vote will be corrected
- Forward-looking, the split will be corrected to match intent for both IMC and GMC
- Backward-looking, a one-time payment will be made to the IMC and GMC from the pDAO treasury to make up for the periods since the mismatch
- The IMCโs split of the pDAOโs incoming funds will be increased by 16%
Rationale
The earlier vote had a math error in the implementation (as noted on the forum). This vote is to resolve the error both moving forward and retroactively via a one-time transfer.
In addition, this vote increases the IMCโs portion of the inflation split by 16%, which is roughly โ50% of funds that were initially going to the oDAO that now go to the pDAOโ. This value was arrived at mostly from a forum poll, but taking a conservative step as a starting point.
Context
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xBb2b...c8D080 | 1,044 | For |
0x689C...C9613C | 924 | For |
0x2600...96649E | 886 | For |
0x76EF...Aa32BA | 708 | For |
0x91e2...1928ce | 648 | For |
VOTE POWER
Proposal Status
- Fri November 03 2023, 04:05 amVoting Period Starts
- Fri November 17 2023, 04:05 amEnd Voting Period
Current Results
1-For
13,037.335
2-Abstain
1,140.426
3-Against
23.181

