After thoroughly reviewing this project, the Squad wants to communicate that we recommend revoking the current paused vesting contract of this project and creating a new one.
Based on the facts explained on the last update and having been paused for almost 3 months, the project is now active again, so we reached an agreement that the vesting contract should follow a new proposed timeline.
Therefore, we recommend that the DAO Committee (@HPrivakos@Tobik@rizk ) create a new vesting contract that aligns with the presented schedule.
The suggested start date for the new vesting contract, allocating the rest of the available funds, is July 1, 2024, with a duration of 7 months.
The GSS is requesting a new preemptive pause on the project’s contract, primarily because the contract is nearing a new step and there is almost a month of delay. The grantee commits to providing an official update, completing the wearable pipeline according to the new roadmap, and within the next month, deciding whether to step down from the project or catch up.
Hello DAO Committee (@HPrivakos@Tobik@rizk). As we anticipated yesterday, the team is deciding to stop the execution of the grant due to personal matters. We are very sorry since the project is really valuable. The contract must be revoked and the DAO will recover $18,750.
