Grass roots movements should be owned in large part by the people building them. One of the main goals of Vrbs is to enable builders to earn voting power for their efforts.
Until we get the grants program paying out $vrbs in addition to USDC, we'd like to manually reward the top builders in the DAO with $vrbs. That way, they can earn more voting power in the DAO for growing our network and treasury.
You can view the weekly builders leaderboard on the new Growth page. The plan is to take a snapshot of the builders leaderboard every Friday at 12:00pm EST, and send $vrbs to the top 4 builders.
To accomplish this, we'd like to spend 0.1 ETH every week to purchase $vrbs for these builders, for the next 3 months.
Breakdown
[Ranking on leaderboard] - (ETH spent on $vrbs)
- 1st place - 0.05 ETH
- 2nd place - 0.025 ETH
- 3rd place - 0.02 ETH
4th place - 0.05 ETH
At current $vrbs prices, this equates to about ~2k in voting power a week dedicated to builders.
Details
Since we're buying $vrbs directly from the DAO token emitter, 100% of the funds from this proposal will go back into the treasury or grants program through the $vrbs votes purchases.
Funds will be sent to the Vrbs grants wallet, managed by Woj, Jerk and rocketman on Base.
Transactions
- 0xa63bfea94e21b8c5f9931a59725042ff6a2777b4.transfer(1.2 ETH)