Prop 42: Creation of a KPI Incentives Council

This proposal establishes a KPI Incentives Council (KPIC) that will oversee the distribution of incentives to Strategy Providers upon achievement of pre-defined Cellar KPIs. This proposal, if accepted, will transfer the six month compensation budget (200,000 SOMM) and the LLC budget (10,000 SOMM) from the community pool to the KPIC multisig on Ethereum Mainnet, at address 0xdda5b441e486E89D290Bc1bD09ca762ca6ac9E39. For additional information, please see the corresponding discussion on the forum here:

https://community.sommelier.finance/t/discussion-about-establishment-of-a-kpi-incentives-council-kpic/1082

The text proposal for the council creation has passed https://www.mintscan.io/sommelier/proposals/39. This proposal is a community pool spend proposal to execute the fund transfer to the multisig wallet.