[Secondary Proposal] API3 DAO Operations Team Proposal Cycle #15

API3 DAO Operations Team Proposal

Operations cycle: #15

Period: 1 May 2024 – 31st August 2024 (3 months)

Amount: $ 30256.38

Destination: Gnosis Safe (Multi-sig Wallet)

Address: 0x00128492458fdB7f50ffE655153Bc91aE06e00F5


● 0x306F15dAE87185540Fc6dD6Ef8e0bf12D6AFa609

● 0x79c244C70E288DC011f7978bc0866A98dbDF2ddB

● 0xE0D6480ae69e7C4928a3F45E6cf5651e52741EC0

⅔ signatures needed in order to make a transaction.


The Business Operations Team serves to make sure internal systems and processes run smoothly for the organisation as a whole, and our general responsibilities have been outlined in previous proposals, therefore more details can be found there in the ‘History’ part of the governance section of the DAO portal dashboard, if required for reference.

Items and requirements specific to this proposal are in the embedded spreadsheet image below as line items and are also explained as text.

Contingency Fund etc:

As stated in previous proposals, this serves to backstop other teams etc as required.
This wasn’t utilised in the last cycle,therefore no top-up is required.

New Ongoing Operations requirement - Extra 10% of funds:

This wasn’t utilised in the last cycle, therefore no top-up was required, as detailed above.

Cycle #15 Specific Deliverables:

No extra or specific deliverables for this cycle beyond the regular functions of Ops were specified.

Cycle #14 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

  • GDPR Audit review and re-certification completed successfully - with the usual very high compliance score.

The IPFS version of this proposal can be found here -



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