quasar

Prop 22: [Community Spend Proposal] Payout of First Grant Program Installment for Define Logic Labs (DLL)

Payout of First Grant Program Installment for Define Logic Labs (DLL)

##Overview This proposal pertains to the disbursement of the first grant installment designated for Define Logic Labs (DLL) , as per the previously ratified on-chain governance proposals:

  • Proposal #7 : Authorization of DLL Grant - https://www.mintscan.io/quasar/proposals/7
  • Proposal #21 : Determination of the First Grant Installment Amount - https://www.mintscan.io/quasar/proposals/21

With this proposal, the approved sum of 629,365 QSR tokens is disbursed to the approved wallet address, quasar19fylsq22q6uv9nrkv7yat3jrypr0azwvgnavjg.

Moving forward, the grant installment process shall be refined and streamlined. Future disbursements shall only seek on-chain approval when a corresponding governance discussion post on gov.quasar.fi provides explicit clarification regarding the payout tier. This requirement allows the on-chain governance proposal to take the form of a [Community Spend Proposal], featuring a proposal type of CommunityPoolSpend. This approach will lowers the amount of needed on-chain proposals in the future.

Voting

  • By voting YES, you agree to the changes above proposal suggests.

  • By voting NO, you disagree with the changes above proposal suggests.

  • By voting ABSTAIN, you express no opinion on the matter.

  • A No With Veto vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Quasar, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Quasar governance.