# On-chain Vote: Recurring Spend for GMC Budget

**URL:** <https://dao.rocketpool.net/t/on-chain-vote-recurring-spend-for-gmc-budget/3824>\
**Category:** Governance\
**Created:** [14 November 2025 19:30 UTC](https://dao.rocketpool.net/t/on-chain-vote-recurring-spend-for-gmc-budget/3824 "2025-11-14T19:30:10Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![ShfRyn](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/shfryn/32/531_2.png) [@ShfRyn](https://dao.rocketpool.net/u/ShfRyn)\
**Post date:** [14 November 2025 19:30 UTC](https://dao.rocketpool.net/t/on-chain-vote-recurring-spend-for-gmc-budget/3824/1 "2025-11-14T19:30:10Z")

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Hey all,

It is time to renew the GMC’s on-chain budget. The current budget will expire after two more periods.

The last budget process can be viewed [here](https://dao.rocketpool.net/t/increasing-gmc-share-of-inflation-vote/3560).

As a reminder, the on-chain vote process takes a total of three weeks:

- 1 week of delay for vote tree challenges
- 1 week of phase 1 voting (delegates and self-votes)
- 1 week to override delegates

## Proposed Payment Contract

`_contractName = GMC-2026-01`  
`_recipientAddress = 0x6efD08303F42EDb68F2D6464BCdCA0824e1C813a`  
`_amountPerPeriod = 5809343578141814674942`  
`_periodLength = 2419200`  
`_startTime = 1766036139`  
`_numPeriods = 13`

> **Numbers Explained**
>
> **contractName** = GMC-2026-01  
> Consistent syntax as last time.
> 
> **recipientAddress** = 0x6efD08303F42EDb68F2D6464BCdCA0824e1C813a  
> Consistent with last time.
> 
> **amountPerPeriod** = 5809343578141814674942  
> `rpl_supply = 21870340405641693088131008`  
> `rpl_supply += calculate_inflation(rpl_supply, 28)`  
> `rpl_supply += calculate_inflation(rpl_supply, 27)`  
> `gmc_periods = 13`  
> `gmc_inflation = calculate_inflation(rpl_supply, gmc_periods * 28)`  
> `gmc_payout = gmc_inflation * 275 * 250 // (gmc_periods * 10**6)`
> 
> **periodLength** = 2419200  
> Consistent with last time.
> 
> **startTime** = 1766036139  
> 1761197739 + 2 \* 2419200 = 1766036139 (Start of current reward period + two intervals).
> 
> **numPeriods** = 13  
> Setting the budget for a year.

### Sentiment Poll

_Poll ([view on site](https://dao.rocketpool.net/t/on-chain-vote-recurring-spend-for-gmc-budget/3824/1))_