As you can read here, the DAO was granted 222M MANA with a vesting schedule of 10 years. You can see the current state of the vesting contract on this nice dashboard. At the time of writing, 12,898,770 MANA / $1,021,518.11 USD have already vested for the DAO to use.
I thought that the first step to get the DAO started and actually push the project forward is to get it funded! Thus, after some fighting with Aragon tech, I got to submit a proposal to make the DAO claim its currently vested MANA.
Some quick ideas of what we could do when the DAO has funds:
- provide liquidity for MANA/ETH pairs on decentralized exchanges like Uniswap.
- provide funding for gitcoin grants for the development of the protocol.
- provide funding for the development of alternative explorer clients.
- burn MANA (why not?)
- fund community-organized creator contests.