IIP-156 - Deprecate IIP-154: Fund Gitcoin GR14 with $50,000 USDC

IIP Number: 156
Title: Deprecate IIP-154: Fund Gitcoin GR14 with $50,000 USDC
Status: Proposed
Author(s): @mel.eth
Created: 08 June 2022
Requires IIP-154

Simple Summary

‌This proposal reverses course on IIP-154 in light of budgetary concerns raised subsequent to passage.

Abstract

‌We propose that IIP-154 NOT be executed as currently required and instead no action be taken (effectively canceling IIP-154).

Motivation

‌While community sentiment was positive, budgetary concerns have caused a shift in execution appetite subsequent to passage of IIP-154. This proposal aims to give the community an opportunity to reconsider the $50,000 USDC spend in light of runway concerns.

Specification

Do not execute IIP-154 as currently prescribed by the positive vote and instead deprecate IIP-154 unexecuted.

‌Voting‌

FOR: DEPRECATE IIP-154 and DO NOT DONATE $50,000 in Gitcoin GR14

AGAINST: DO NOTHING and LEAVE IIP-154 UNCHANGED AND DONATE $50,000 in Gitcoin GR14

Copyright

‌Copyright and related rights waived via CC0.

5 Likes

For awareness: As discussed by @afromac on the Leadership Forum call on 08 June 2022, a dedicated call will be scheduled on this topic. Info to follow here once that call is scheduled.

5 Likes

Despite voting in favor of IIP-154 and upon second considerations, revoking IIP-154 makes a lot more sense given current market conditions

We will be supporting this vote to depreciate IIP-154

6 Likes

GM @GovNest -

Please review, assign an IIP number, and change the status of this post to PROPOSED. Thank you.

Update: meeting referenced above is scheduled and can be joined here:

IIP 154 Gitcoin Retro
Wednesday, Jun 15 · 09:00–09:25 EDT
Google Meet joining info
Video call link: https://meet.google.com/rka-qryg-bkp
Or dial: +1 240-516-6489 PIN: 219402551
More phone numbers: https://tel.meet/rka-qryg-bkp?pin=8609413108391

4 Likes

GM @GovNest -
Please queue this vote to start 19 June at 1800 UTC.

2 Likes

Hey @mel.eth , handing this over to @asira to take over as GovRep.

2 Likes

IIP-156 is live on Snapshot.

3 Likes