Previously Yam has approved a general expense fund of $5000 yUSD + 30,000 $YAM:
We have distributed 19,441 $Yam out of the 30,000 $Yam allocated.
This proposal adds 20,000 $YAM from the contributor vesting pool. It will still be used for small general expenses, bounties, on-boarding new contributors before voting on part or full time compensation, marketing campaign costs, etc.
Here’s a full reconciliation of all distributions from general expense fund from 1.29.2021 to 4.30.2021
The general expense fund would be responsible for:
- Yam infrastructure expenses
- New Contributor trials / on-boarding
- Development / collaborative tools
- Gas costs
- Small misc expenses directly related to Yam
If it is possible to pay in $YAM, then it should be the first option.
When funds are low in the account, a top-up request for additional funds will be made.
Voting will be done on snapshot.