OP-PIP-81: Community Council Budget Request for second half of Council term

Proposals
1

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OP-PIP-81: Community Council 2nd Term | Pyth Governance**

Abstract**

This proposal outlines the Community Councils budget request for the last 6 months of the Council’s term. The budget is required to execute the initiatives outlined in this report. This budget request will allow the Community Council to execute the final 6 months of their council term - allowing for the continuation of all current community rewards and building initiatives.

Description

  1. Approve the Community Council’s Budget

In response to the request raised here, This proposal also suggests to transfer 1,470,000 PYTH from the DAO treasury wallet available here: 9HKkxg5dpqjUEW1U2r76SpQCH7uvDMciytNYxrpwMVNc, to the Community Council wallet: GKuPcXtNRJwZGrJ8tV25jSbLHZe71BUdUXVzjGLXkSt9.

It is important to remind everyone that the Community Council members must adhere to all elements of the Code of Conduct for the Community Council available at: https://ipfs.io/ipfs/bafkreic5zi6bultebtn45h6i7joeympc4k5rt437ele54krcuf7s4cpv4i

Implementation Plan

Verify the instructions of the onchain DAO proposal to ensure that the below actions are performed:

  1. Keep (1) the existing operations wallet from the Community Council smart wallet

→ Ef7AjJzDXK6Tn2gYuMvL9YdXATV29b8PwpsT1yoPokTC

  1. Distribute 50% of the councilors stipend to each of the (7) elected members - amounting to 60,000 Pyth to each wallet listed below.

→ 6APppYBTAGCcPtoMcWmobug8KNWHQmBmw6rR24AqJEgU

→ Bx8qixu6fsHK8avmLF9T3VJivTbSVvL2fjbeUfnu6tjd

→ HGPPTTc7MjYosWzVWpkFJjcK7USksCrhpD8qdytLeMs2

→ D5XwCsFEzMgBxnAT8fznU55x64jcRXczvPh5RSag6QPU

→ ANDczJKcEmtZ8g26JnsNTFwpJiG13cNrjg1VDqdEQ1cK

→ 8kJ1CxAHjzwvW9NQqXpQ6S3vDRmrDWe57WipGN3d89Dj

→ 9h9j9GUDZPEMgdcSwhPpwgXYVbusVnw9jCoo3cLNovBL

  1. Transfer 1,470,000 PYTH from 9HKkxg5dpqjUEW1U2r76SpQCH7uvDMciytNYxrpwMVNc to GKuPcXtNRJwZGrJ8tV25jSbLHZe71BUdUXVzjGLXkSt9
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