Threshold Treasury Guild 2nd Half 2023 Budget Request
Overiew
As part of TTG´s mission and scope and with its defined objectives the TTG is requesting discretionary funding of 152,422,368 T (~$2.9m) from the Threshold DAO Treasury for the five remaining months of 2H 2023 - August through December 2023.
This budget will be primarily used for:
- Compensation for Threshold’s Guild and Council contributors
- Execution of ongoing liquidity incentives
- Execution of diversification efforts
- Payment to Bootstrapping node-operators per TIP-045
- Payment for development efforts and code audits
- Other ongoing expenses and reimbursements supporting TTG’s mission
Vote Type
Token Holder Governor Bravo
Proposed Schedule
Forum discussion: August 21 - August 23
Temp check snapshot : August 23 - August 27
Governor Bravo : If the temp check is passed this proposal will move into the Threshold DAO GB instance shortly after the snapshot ends.
Authors
The Threshold Treasury Guild Committee (TTG) consists of @JohnPackel , @Will , @ben , @Vict0r , @sap , @LakeLaogai , @Eastban, @Figue and @ramaruro1.
Use of Proceeds
Funds will be managed under the TTG multi-sig and will be allocated towards the TTG goals as well as any discretionary expenses that may fall outside of the initial scope. The funds will primarily be used for :
This list is non-exhaustive, it is quite likely that over the duration of this period, the TTG will incur additional expenses, and/or be subject to opportunities that may require additional funding.
Diversification:
It is important to note that this line does not represent an expense. It involves swaps to other assets that will be managed by the TTG as Protocol Owned Liquidity.
Expiry / Timing of Budget Spend
There is neither an expiry on the allocated budget nor an estimate of when the funds will be depleted. However, the TTG ensures that these funds will be prudently and responsibly allocated toward activities and expenses that are consistent with its mission and aligned with its OKRs.