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Gearbox · closed proposal

[GIP-138]: Gearbox Foundation Budget, Authority & Certain Other Matters

0xd198…dFba·ended 2y ago

Voters

29

GEAR voted

314.29M

Token price

—

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum

314.29M / 200.00M GEAR(157%)

✓ Quorum met

Approve314.29M (100.0%)

Reject0 (0.0%)

314.29M GEAR · 29 votersblock 19981540

🐳 Whale votes

0 votes > 5% VP

No whale votes on this proposal.

Full proposal

Original markdown · Gearbox

Author:

Gearbox Foundation (acting by DAObox Inc.)

Summary:

This proposal is aimed at approving:

Ratifying and authorising the grant of $40,000 to the Gearbox Foundation to finance the wrapper’s activities;
Authorising the Gearbox Foundation to engage in certain activities and transactions, and to enter into, amend or terminate, as may be required from time to time, associated legal agreements and other instruments;
Approving specific transactions requiring DAO’s consent.

Motivation

Gearbox Foundation serves as a legal wrapper for the GEAR DAO and is presently administered b…

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