# Intent #2 - Council Intent Budget Proposal \n In Season 3, we experimented with a Grants Council. If renewed, the Grants Council would manage Intent #2: Innovate on Novel Applications. If this Council Intent Budget is approved, it will renew the Council for another Season and elect the proposal author, Dane Lund, as Council Lead. Reviewer Elections will take place in Special Voting Cycle #12b, if this budget is approved. Any budget that is not allocated to Missions under this Intent will be r
AI summary
This proposal seeks to renew the Optimism Grants Council for another season (Season 4) to manage "Intent #2: Innovate on Novel Applications." If approved, the proposal author, Dane Lund, will be elected as the Council Lead. The proposal also states that any unallocated budget from this Intent will be returned to the Governance Fund, which is the main treasury for the Optimism DAO.
If this proposal passes, the Grants Council will continue its work, focusing on funding innovative applications within the Optimism ecosystem. Dane Lund will gain a leadership role. The Optimism DAO will continue to allocate resources towards fostering new projects, potentially benefiting the overall ecosystem growth, but no specific dollar amount for the budget is mentioned in the proposal body.