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Gearbox · closed proposal

[GIP-167] OBRA Contribution Framework

0xf3D4…d89E·ended 1y ago·MEDIUM RISK
Voters
22
GEAR voted
207.06M
Token price

AI summary

This proposal seeks to extend and refine the existing Outcomes-Based Resource Allocation (OBRA) framework used by Gearbox DAO. The OBRA framework allows the DAO to fund various initiatives, like development, marketing, and community support, in a decentralized manner without a central authority. It operates by funding initiatives in quarterly cycles, with continued funding dependent on successful completion of work. This approach aims to parallelize tasks and avoid traditional hierarchical structures within the DAO.

Impact

If passed, the Gearbox DAO will continue to operate under the OBRA framework, allocating resources to initiatives based on outcomes. This benefits contributors by providing a clear, decentralized way to propose and receive funding for projects, and the DAO by ensuring funds are tied to deliverables. The proposal does not specify new budget amounts, so the immediate financial impact cannot be determined, but it solidifies the operational structure for future funding cycles.

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Voting results

Quorum
207.06M / 200.00M GEAR(104%)
✓ Quorum met
Approve207.06M (100.0%)
Reject0 (0.0%)
207.06M GEAR · 22 votersblock 20848067

🐳 Whale votes

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

Full proposal

Original markdown · Gearbox

Summary

The OBRA framework, which stands for Outcomes-Based Resource Allocation, was implemented by Gearbox DAO in February 2023 and has performed well so far. This proposal aims to extend and refine the framework, as well as set the budgets for the upcoming cycles. You can view the initial vote and details here (archived on the Wayback Machine since discussions moved to Discord afterward).

Motivation

Gearbox Protocol has grown to over 15 contributors, wi…

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