Today we open the new Era and the first two-month cycle of funding for community contributions (as per PEP60). Please see all relevant details below.
Era Wallets:
To segregate the ERA funds and protect them for the duration of the program, we have created 4 new wallets:
- A Copper Vault
- An ETH gnosis safe (both of which will both require ⅔ approval from the Foundation directors)
and two POKT Hot Wallets:
- One for the Era Budget
- One for the Era Allocation.
Addresses for each are provided below:
Era Budget Wallets
Copper POKT DAO Vault for Era Budget - 3fb4f59969bf6094f5408dfe107beea4d67810fb
Era Budget POKT Hot Wallet - beb8f9499758186bfb0d0291f31ee93730886b60
Gnosis Era Budget ETH Safe - 0x7bAAf6cAEE858929a68a98a70a428b8BEB4d4093
Era Allocation Wallet
Era Allocation POKT Hot Wallet - 4e67bdb7d099c8a754b22c852a9fe140b7d47849
Keystone Projects
Keystone projects will endeavour to default to open. PNF have created a hub in Notion which is open to all and within it you will find a page for each keystone project that includes a project description, planned sprints/timelines, budgets (which will include drawdowns as they happen) as well as other key documents that are safe to share. The page also includes relevant details around wallets, ways to contribute and key dates and empowered with this information we hope you can find or suggest ways to support these activities directly or through the creation of new Sockets:
Cycle Allocation
The allocation towards community contributions for the current cycle is 2,953,578 POKT calculated as follows:
- Minting Last 2 months: 36,919,732.8
- DAO Take (10% Minting): 3,691,973.28
- Era Allocation (80% DAO Take): 2,953,578 POKT
These funds will support POPs and Sockets for community contributions. You will have seen a POP opened for a Metrics Dashboard already and others will follow soon. You can also view the Sockets page which describes what you need to do to open a new Socket. Although there is only lite permissioning you will still need access to open a Socket so please reach out to @b3n to get yourself set up.
We are really excited about working on these key project in the open and scaling community contributions with the funds entrusted to us. Thanks for your continued support and we look forward to teaming with you all as we start to push hard towards the V1 launch.
PNF