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DAO Grants Program - New Tiers & VP Threshold

EnactedGovernance

Proposal Details

Author0xd11a…1f49
PublishedDec 14, 2022 05:31
Voting beginsDec 14, 2022 05:31
Voting endsDec 28, 2022 05:31
Snapshot#f25439f

Description

Currently the grants program allow the following Tiers: * **Tier 1:** Up to $1500 USD in MANA (1M VP + 7 days) - One Time Payment * **Tier 2:** Up to $3000 USD in MANA (1M VP + 7 days) - One Time Payment * **Tier 3:** Up to $5000 USD in MANA (1M VP + 7 days) - 3 Months Vesting * **Tier 4:** Up to $60,000 USD (2M VP + 14 days) - 6 Months Vesting * **Tier 5:** Up to $120,000 USD (4M VP + 14 days) - 6 Months Vesting * **Tier 6:** Up to $240,000 USD (8M VP + 14 days) - 6 Months Vesting This proposal simplifies all six categories and redefines the VP threshold required to access such grants. It also makes it more flexible by allowing the grantee to define the duration of the project and the payable currency (MANA vs stablecoins).

Voting Power

03M6MRequired to pass12/1412/1712/2112/2412/27
YesNo

2 Comments

daoMar 07, 2023

DAO Grants Program - New Tiers & VP Threshold This proposal has been ENACTED by a DAO Committee Member (0xbfa6d24e6a061e9aea3447163fdfe045177dd40e)

daoDec 28, 2022

DAO Grants Program - New Tiers & VP Threshold This proposal is now in status: PASSED. Voting Results: * Yes 99% 11,125,724 VP (69 votes) * No 1% 1 VP (1 votes)