[Secondary Proposal] API3 DAO Operations Proposal Cycle #12

API3 DAO Operations Team Proposal
Operations cycle: #12

Period: 1 August 2023 – 31 October 2023 (3 months)
Amount: $ 29629.05
Destination: Gnosis Safe (Multi-sig Wallet)
Address: 0x00128492458fdB7f50ffE655153Bc91aE06e00F5

● 0x439A2D8c08751aD4E8130c2585c7108FD3957f0C
● 0x79c244C70E288DC011f7978bc0866A98dbDF2ddB
● 0xE0D6480ae69e7C4928a3F45E6cf5651e52741EC0
⅔ signatures needed in order to make a transaction.

The Business Operations Team serves to make sure internal systems and princesses run
smoothly for the team etc as a whole, and our general responsibilities have been outlined in
previous proposals, therefore more details can be found there in previous proposals in the
‘History’ part of the governance section of the DAO portal dashboard, if required for
Items and requirements specific to this proposal are in the spreadsheet image and are
detailed below as line items and explained as text.

Contingency Fund:
A small top up was required for this cycle - to keep the contingency steady at $15k as planned. Details of this can be seen in the spreadsheet included as part of this proposal.

New Ongoing Operations requirement - Extra 10% of funds:
No requirement for top-up this cycle - amount is steady at $5k, which is as planned.
Details are included as a line item below.

Team Grants & Accounting Breakdown:

Cycle #11 Deliverables Achieved:
● Ongoing operational support provided to other API3 teams.
● Maintained and managed existing processes - marking and addressing areas for
improvement as needed.
● Ongoing internal systems monitoring and support.

Cycle 12 Ops Proposal


proposal has been posteD!!!

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