The Grants Council plays an important role in the Collective and is assumed to persist each Season. The Token House may vote on a Council Operating Budget, thereby electing the proposal author as Council Lead. Delegates are effectively electing the Council Lead that has authored the approved budget.
The sole Grants Council Operating Budget is proposed by Gonna.eth with an operating budget of 400k OP: https://gov.optimism.io/t/grants-council-operating-budget-s7-request-for-feedback/9357
If this proposal is approved, this PR will be merged to supersede the previous Charter hosted here.