Proposal #186
Passed on 09 Apr 2022 with 91.3% of the votes for yes.
Yes
91.3%
99.9% without abstain
Veto
0.0%
of votes cast
Ended
09 Apr 2022
91.32%
of votes cast
8.55%
of votes cast
0.12%
of votes cast
0.01%
of votes cast
By voting YES, the OGP will be launched with 1,500,000 OSMO tokens from the community pool.
By voting NO, OSMO holders voice their dissent against the OGP.
Details
An Osmosis Grants Program (“OGP”) should be launched to fund new community-built tooling, infrastructure and projects building on top of Osmosis.
We propose an initial budget for the program of up to 1,500,000 OSMO tokens for a 6 month program with quarterly community review. OGP is not obligated to spend this amount; quality always comes first.
Funds will be managed by a 7 person multi-sig consisting of:
Sunny Aggarwal (Osmosis team)
Figment
Eddie Hartmann (Osmosis team)
Cosmostation
Brandon Curtis (Independent)
Coldchain (Independent)
Dan Elitzer (Nascent)
At the end of the initial six month term and then every quarter thereafter, the community can terminate the program via governance and any unspent OSMO tokens will be returned to the community pool.
The program would be run by a Program Lead (Reverie) supported by seven reviewers, who also function as the multi-sig. Reverie has been working closely with the Osmosis team and the committee for the past few months for setup.
Reverie proposes monthly compensation of $70k while it is administering the OGP as well a $100k one time setup grant to permit best in class legal and operational setup.
As part of this proposal, weve included a preliminary version of the website, as well as an initial set of funding RFP ideas.
Link to Commonwealth Discussion: [Hidden link]