[Non-constitutional] Proposal to fund Plurality Labs Milestone 1B(ridge) (Tally)
We have voted Against this proposal. In addition to the lack of quantifiable milestones, an official board charter was not provided to the DAO before the voting period ended. After reaching out to the PL team directly, the documents shared did not include any details for how the Oversight Board will actually function.
A secondary concern our team has is the lack of detail regarding when the Milestone 1 allocation will actually be paid out. When we proposed this question on March 7th, PL responded with the following
As of today (April 1st) it appear there is is still 926k ARB allocated but not distributed from Milestone 1 in the PL mutlsig and only 188k ARB was distributed in all of March.
While we believe the intentions of the PL team are good and supportive of this grant program, we can not support the additional funding given the current set of information available to our team. With the onchain voting passing, we look forward to seeing the Oversight Board charter sometime soon.