RAD Bi-annual Transparency Report - June 2026

Hello @MconnectDAO and thanks you for the questions.

  1. All participants can be found in the application thread here.
  2. We had originally negotiated a flat $5,000/mo fee with SEED, but January had 0 proposals. During February, we negotiated with SEED to change their compensation to a per-proposal basis, which was disclosed here (RAD Program Manager & Scope of Work - #2) at the time and took effect in March.
  3. There aren’t any other transactions of that nature.
  4. May was the month that saw the highest number of proposals, including the Security Council elections for which a special budget was established (announced here), which is almost half of the total rewards amount for the month ($25,000).
  5. The funds sitting in the multisig will be used in the next 6 months of the program, and, if the program is renewed for another year, the balance, after being topped up, will continue being used.
2 Likes