Ecosystem Grant Tranche 2 - Second Signal Snapshot Vote. Overview:. - Community-driven signal vote for 3.

01 Aug 2023, 15:48
Ecosystem Grant Tranche 2 - Second Signal Snapshot Vote Overview: - Community-driven signal vote for 3.5M GLMR tranche of Moonbeam Ecosystem Grant Program. - Purpose: Identify the top 3 teams supported by the community. Key Rules: 1️⃣ Signal Vote: Gauges community sentiment; final confirmation in on-chain referendum. 2️⃣ Top 3 Teams: Will proceed to on-chain vote if they meet at least 14.28% of the voting threshold. 3️⃣ 48-Hour Window: Winners MUST post a budget discussion within 48 hours or be disqualified. 4️⃣ Funding Allocation: If threshold not met, any GLMR that is over allocated to a project, under allocated, or any teams that are defeated in any of the votes - funds will goto Community Grants Bucket. Voting Details: Type: Weighted Options: Arden Platform, Bamswap, Charm, etc. Start: August 1, 2023 End: August 8, 2023 Community Responsibility: - Your Vote Matters: Community is the judge and jury of the ecosystem grant. Projects receiving the grant do not fall on the Moonbeam Foundation; the power is in YOUR hands. - Read & Discuss: Review full proposal text & engagement in community discussions. - 48-Hour Window: Watch for the top 3 winners’ budget discussion and participate actively. 🗳️ 💬 Join the Conversation: Engage, discuss, and help shape the future of Moonbeam! Your voice is essential, and your vote counts!