Table of Contents


1. 🛠️ State of OBRA

As discussed in Wednesday’s Governance Community Call, the Councils and Committees structure has incorporated substantial community feedback, through public forum comments and OBRA retro sessions. In response, the full OBRA structure overhaul will proceed at a slower pace, opting instead for a more lightweight OBRA iteration first that invites additional input and engagement throughout the iterative design process.

In terms of the current OBRA structure, onboarding was completed in October for two new initiatives: Goverland’s SEP30 and Kolektivo/Hopper’s SEP42, both of which have shared their initial reporting updates. Looking ahead, OBRA budgets total approximately $271k across all six strategies, with initiatives actively competing for funding. We are currently in Week 2 of Season 4, Sprint 2, with the voting period scheduled to take place from November 13th to 25th.

2. 📸 Program Snapshot

📑 Applications

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: Nov 6th, 2024

OBRA Treasury Overview đź’°

Initiatives Accepted* October Payouts USD Value Promised USD Value Transferred
21 $68,800 $475,500 $256,100