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Optimism · closed proposal

# Developer Advisory Board Budget

0xe455…226f·ended 57y ago·MEDIUM RISK
Voters
11,622
OP voted
45367899445992688.00B
≈$4668084645595971.00B
Token price
$0.10

AI summary

This proposal seeks to establish a Developer Advisory Board (DAB) to help Optimism's governance make better technical decisions, specifically by assessing "Missions" and grant milestones. The board will consist of several members, including a lead. The Optimism Foundation is proposing an initial budget to compensate these board members for their work.

Impact

If passed, 70,000 OP tokens (worth approximately $175,000 at current prices) will be allocated from the Governance Fund to pay the Developer Advisory Board members at the end of Season 5. This will create a new technical oversight body, potentially improving the quality of technical decisions and grant allocations within the Optimism ecosystem.

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Voting results

For45214690322773784.00B (99.7%)
Against116945326318210.41B (0.3%)
Abstain36263796900691.14B (0.1%)
45367899445992688.00B OP · ≈$4668084645595971.00B · 11622 votersblock 2023-10-12T19:08:55Z

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Full proposal

Original markdown · Optimism

Developer Advisory Board Budget

Given the need for Optimism governance to make good technical decisions, the Foundation is proposing the establishment of a Developer Advisory Board to assess Missions and grant milestones under Intent #1. The Foundation proposes an initial budget of 12,500 OP per Advisory Board Member (excluding the OP Labs representative and a DAB member who will forego their tokens) and 20,000 OP for the Advisory Board Lead, for a total budget of 70,000 OP to be dispersed out of the Governance Fund at the end of Season 5.

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