# Treasury Appropriation (Foundation Year 2 Budget Approval)
AI summary
This proposal is a symbolic request for the Optimism Foundation's Year 2 operating budget. The Foundation has only used a small portion (5.21%) of its Year 1 budget and therefore does not actually need additional funds for Year 2. To maintain the principle of governance approval for its budget, it is formally requesting 1 OP token.
If this proposal passes, the Optimism Foundation will symbolically receive 1 OP token for its Year 2 operations, upholding the governance process without significantly affecting the treasury. No one benefits or loses financially in a meaningful way.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Treasury Appropriation (Foundation Year 2 Budget Approval)
The Optimism Foundation future OP operating budget is subject to governance approval. The Foundation was allocated a Year 1 budget in the founding documents of the Optimism Collective. It has to date used 5.21% of this Year 1 budget. ****Therefore, the Foundation does not need to request a budget for Year 2, but is symbolically requesting an additional 1 OP for its Year 2 (2023-2024) operating budget.
This Season 4 proposal is eligible for voting in Special Voting Cycle #12b: [https://gov.optimism.io/t/treasury-appropriation-proposa…