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Optimism · closed proposal

Proposal F: Governance Fund Phase 1 - Balancer & BeethovenX

0x47C8…6007·ended 4y ago·Discussion ↗·MEDIUM RISK
Voters
5,547
OP voted
18.79M
≈$2.04M
Token price
$0.11

AI summary

This proposal is part of Optimism's Governance Fund Phase 1 and aims to allocate grants to Balancer and Beethoven X. The specific details of the grants, including amounts and purposes, are not provided in the proposal body but are referenced in a linked document. This proposal has been approved by a delegate and is now open for voting in Cycle 2.

Impact

If passed, this proposal will distribute funds from the Optimism treasury to Balancer and Beethoven X, likely to incentivize liquidity or development on the Optimism network. The exact financial impact and who specifically benefits or loses cannot be determined without the specific grant details.

Read full proposal on Snapshot

Voting results

Yes18.14M (96.6%)
No313.60K (1.7%)
Abstain330.43K (1.8%)
18.79M OP · ≈$2.04M · 5547 votersblock 12842064

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Optimism

This Governance Fund Phase 1 proposal has been marked ready and as such is eligible for voting in Cycle 2. This proposal HAS been approved as ready for vote by a delegate. For more info, check out Voting Cycle 2 Roundup: https://gov.optimism.io/t/voting-cycle-2-roundup/2754

Link to proposal: https://gov.optimism.io/t/ready-gf-phase-1-proposal-balancer-beethovenx/2658

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