Proposed Transactions
// Developer Advisory Board Operating Budget
This vote uses approval voting. Voting is set up such that you can place a vote for any number of budgets and each vote will be cast with your full voting power. Any operating budget that receives a minimum number of yes votes, equal to 51% of quorum, will pass. Any budget that does not receive the required number of yes votes will not pass.
The following Councils and Board have been approved to continue in Season 8 and 9.
If all above operating budget proposals are approved, the aggregate budget will exceed the approved total DAO Operating Budget of 4.4M. In that case, all budgets will be adjusted using the following method:
The onchain votes FOR each proposal will be tallied and total budgets will be adjusted pro-rata, based on the inverse of the percentage of approval votes. This means the higher the number of approval votes for a specific budget, the lower the budget adjustment applied.
This math will be calculated offchain, but anyone in the community will be able to verify the outcome with onchain outcomes here
Reductions will be made to the total OP budget for each Council or Board, and Leads will determine how that is distributed.
As an example, if all four groups receive identical amounts voted for, then each Budget will be reduced by 4,460 OP.
This proposal is subject to Token House approval, as outlined in the operating manual
This proposal is eligible for Special Voting Cycle #39c
Security Council Operating Budget
Developer Advisory Board Operating Budget
Grants Council Operating Budget
Milestones & Metrics Council Operating Budget
SUCCEEDED
In this threshold-based proposal, all options passing the approval threshold of 17.71M OP votes will be executed in order from most to least popular,until the total budget of 0 OP runs out. Voters can select up to 4 options. If the quorum is not met, no options will be executed.