Executed

Renew budget for the Indexed Growth Committee


Proposal ID

15

Proposed

Sep 16th, 2021

Result details
Final Votes

Quorum

Pending

Majority support

Yes

For

403.09K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x6B17...1d0F

approve(..)

Custom

Account

0x6B17...1d0F

Method

approve(..)

Custom

0x8677...5F83

approve(..)

Custom

Account

0x8677...5F83

Method

approve(..)

Proposal

Discussion Thread:

https://forum.indexed.finance/t/indexed-growth-committee-q3-nominations/703/

Snapshot vote electing new members:

https://gov.indexed.finance/#/ndx.eth/proposal/QmXoA7uKaK8o3FiV9K5FDjpmQJVfQkTGwP9SyE5KdbhnmE

Actions

  1. Approve the committee gnosis to spend 150,000 DAI from the treasury

  2. Approve the committee gnosis to spend 20,000 NDX from the treasury

Purpose

This proposal sets a new budget of 150,000 DAI and 20,000 NDX for the Indexed growth committee, which has been elected per the recent snapshot vote. This budget is set to last until December 31st 2021, after which there will be a new Indexed Growth Committee election and a new budget proposal.

The scope of this program encompasses anything that helps the project—sponsoring hackathons or gitcoin bounties, media sponsorships, community competitions, airdrops —anything is fair game.

IGC Summary

The mission of the Indexed Growth Committee (IGC) is to identify and pursue opportunities which help to grow the Indexed ecosystem. These can be inbound requests or opportunities proactively pursued by the committee. The point is: to get more people involved in the growth of the project, it is crucial to have a single point of contact responsible for filtering and reviewing the work proposals.

Examples of things the past IGC funded:

  • Gamified index trading competition
  • Podcast ads
  • Influencer campaigns
  • Video tutorials & more

Examples of things that are in the pipeline for this IGC:

  • Sponsoring a prize for Argent L2 account (DEFI5 is included)
  • Etherscan ads
  • Podcast ads
  • Educational content
  • Rewarding community contributors
  • Bounties & Giveaways
Final Votes

Quorum

Pending

Majority support

Yes

For

403.09K

Against

0

Abstain

0

Final Votes
Status

Thu Sep 16, 06:12 pm

Published onchain

Wed Nov 10, 02:53 am

Voting period started

Fri Nov 12, 12:29 pm

Voting period ended

Sun Sep 19, 10:28 am

Proposal queued

Tue Sep 21, 12:46 pm

Proposal executed