Table of Contents
Following the ratification of several initiatives by the DAO during recent voting cycles, September was the first reporting period for quite a few initiatives. Three new initiatives were able to complete their onboarding in time enough to commence activities and report in this period.
Similarly, there are four initiatives which are actively undergoing onboarding activities, including the execution of OBRA funding agreements and KYC/KYB verifications. Ideally, these initiatives should be able to provide reporting updates in October.
The approval of the transition period for the committees and council structure presents a new chapter for Safe DAO Governance. While we are excited about this development, we recognise that it will inevitably reshape the way OBRA and initiatives are funded and operate.
During this transition period, OBRA initiatives will be paused for one sprint, as the DAO attempts to iterate upon and steer towards full implementation of the proposed structure. However, although no new OBRA funding initiatives can be submitted during this period, already approved initiatives are not affected.
To date, OBRA has received a total of 34 applications, with 19 of them being accepted and ratified through voting on Snapshot.
The distribution of OBRA proposals based on OBRA strategies has largely remained the same.
There are currently no applications being voted on in Snapshot
As always to find the updated list of OBRA proposals and their details, see our Notion Hub here.
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
Reporting date: October 18th, 2024