[GIP-285] Gearbox Foundation Budget 2026-2027
AI summary
This proposal asks the Gearbox DAO to approve a grant of $122,790 to the Gearbox Foundation. This money will cover the Foundation's operational costs, including infrastructure maintenance, legal fees, and corporate expenses, for the period from July 1, 2026, to July 1, 2027. The Foundation states that its infrastructure costs have increased significantly beyond previous projections, and its current budget is expected to run out by June 2026.
If this proposal passes, the Gearbox Foundation will receive $122,790 from the DAO's treasury to continue its operations for another year. This ensures the ongoing maintenance and development of the Gearbox protocol, benefiting all users and contributors. If it fails, the Foundation may face financial difficulties, potentially impacting the protocol's infrastructure and legal standing.
Voting results
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🐳 Whale votes
12 votes > 5% VPFull proposal
Author:
Gearbox Foundation (acting by DAObox Inc.)
Summary:
By adopting this resolution, the GEAR DAO approves and authorises a grant of USD 122,790 to the Gearbox Foundation to cover infrastructure and operational costs for the period from July 1, 2026 to July 1, 2027.
Background and Motivation
In September 2025, the GEAR DAO approved a budget allocation to the Gearbox Foundation (the "Foundation") in the amount of USD 114,070 for a 12-month period (September 2025 - September 2026), covering infrastructure maintenance, legal fees, corporate continuation, tran…