Table of Contents

1. 🛠️ State of OBRA

As OBRA wraps up the voting on July 8th for Sprint 1 in Season 3, we’re excited to share the batch of updates from June. Following the OBRA budget amendments from the end of Season 2, the remaining budget has been allocated across all 6 OBRA strategies. In turn, this has prompted a surge in applications and forum discussion around OBRA in recent months.

Accordingly, there are currently 5 active votes on Snapshot for new OBRA initiatives, so if you haven’t yet, remember to cast your choices before the deadline.

2. 📸 Program Snapshot

📑 Applications

• OBRA has received 24 total applications to date, 12 of which have been accepted into the program.
• Roughly 84% of all applications covered Strategies 5, 3, and 2.
• While unsubscribed for a few months, Strategy 4 (Research decentralization of Safe tech stack) has received its first few applications.
• There are currently 5 active votes on Snapshot for new OBRA initiatives

For ease of reference find the Strategies below:

[Strategy 1] Research and implement Safe token utility

[Strategy 2] Foster module ecosystem

[Strategy 3] Increase awareness of Safe Ecosystem

[Strategy 4] Research decentralization of Safe tech stack

[Strategy 5] Increase governance participation

Wildcard strategy

💰 Financial

Reporting date: July 2nd, 2024