This is a proposal to reimburse the ETH Denver and FLII 2023 expenses. As agreed in calls, Griff reimbursed the team in xDai for expenses the team incurred in fiat out of their own pockets. Griff will then be reimbursed in GIV tokens from the nrGIV treasury.
Griff is a GIV maxi, and to facilitate the payments of stable tokens to our contributors while we still build a better treasury management system, he pays people in xDai and asks for reimbursement here. Hopefully this process will cause upward pressure on the GIV price as our contributors use xDai to buy GIV, instead of the opposite, where our contributors get paid in GIV and then sell the GIV to pay bills.
These IRL events is great opportunity for Giveth to onboard users and donors to our platform, push our fund raising efforts forward, making an impact through partnering with local for-good projects, and spread our mission out to the world.
You can check this ETH Denver medium post for a recap on the talks, panels, sponsored events, and activities by Giveth, and here for FLII.
FLII Team: Cotabe, Mateo
ETH Denver Team: Almond, Ashley, Cori, Freshelle, Griff, Lauren, Heather, Jake, Mitch, Yass
Here’s the breakdown of the expenses incurred:
Amount of GIV requested: $14,478.86 worth of GIV
Ethereum address where funds shall be transferred: 0x839395e20bbB182fa440d08F850E6c7A8f6F0780
The amount requested will be from nrGIV in GIV tokens at the spot price when the vote is created.
Approve ETH Denver & FLII 2023 Reimbursement