Approval of Budget and Executive Arm Initiatives
Carrying on with the planned course of action, we’re pleased to announce that the DAO Council has unanimously approved the Budget and Executive Arm Initiatives documents.
These documents represent a foundational step toward strengthening the Executive Arm’s organizational structure. While not exhaustive, they are intended to serve as living guides, informing our approach to hiring, team structuring, and funds allocation in alignment with our mission and evolving priorities.
The budget and its corresponding breakdown have been discussed and reviewed in depth, ensuring a cohesive and coherent view on proposed allocations, strategic priorities, and the rationale behind each funding area.
Below, you’ll find the corresponding documents:
Through this post, the DAO Council is formally requesting the DAO Committee (@Rizk @HPrivakos @Tobik) to transfer the approved budget from the DAO Treasury to a newly established Multisig wallet. This wallet will be jointly managed by members of the Executive Arm and the DAO Council, with the Council holding veto power on all transactions to ensure accountability and alignment with the DAO’s strategic direction.
The full details of the Multisig configuration and its designated signers will be publicly disclosed in the coming days to maintain transparency.