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