ESD General Meeting 2 May 2022 UTC 1900: Confirming majority support for ESD S1 funding.
Current Statement on the limitations of ESD funding
Limitations
The ESD is a mechanism for bootstrapping growth and so we propose to set maximum limits on projects that the ESD should fund. Specifically, we propose funding projects
up to a maximum of 20k per month and
for a maximum of two funding cycles
Projects beyond this scope we believe are better suited to Main DAO proposals. Furthermore, to enable the seasonal cadence there will be no new funding allocation during the final month of each four-month season, instead, this time is used for strategic planning in the lead up to the next season.
This proposal falls within the current limitations and we look forward to supporting Main DAO proposals in the future.
cc @fartunov @daniel-ospina
As all ESD team members have not yet had the chance to review April Reporting (seven days’ notice) a commitment was made by members in attendance to progress this asynch and will seek clarification if required to finalise the decision within 7 days.
1 Like
