The GMC has concluded discussions and scoring for the Round 37 (May 7 - June 7) Grants/Bounties/RA Award Round.
This post also begins the fourteen-day clock during which, according to RPIP-15, “[a]nyone MAY file an RPIP disputing a grant, bounty, or retrospective award within two weeks of the announcement of recipients. Such an RPIP SHALL be subject to a snapshot vote.” Any awards not subject to such a challenge will become official on July 13, 2026 at 23:59 UTC.
Current GMC Roster
- Ken
- Waq
- Dr Doofus
- Destroyaaa
- Steely
- sckuzzle
- Epineph
Application Breakdown
Total Grant Applications: 2
Total Bounty Applications: 1
Total Retro Applications: 0
Total Applications Transferred From Last Round: 0
Total Amount Grants / Bounties / Retros Requested: $11,000
Total Amount Incoming Funds This Period: $15,000 (2 periods)
Value of Treasury: $24,589.70
Total Amount Reserved: $52,875
USD values calculated at the time GMC began deliberating on applications.
Awards, Average Overall Scores
| Number | Applicant | Title | Decision | Amount (USD) | Avg Score |
|---|---|---|---|---|---|
| GA372601 | Langers | Snapshot Voting | Approve | $ 3,600.00 | 4 |
| GA372602 | Ken | Community Calls | Approve at 66% | $ 1,584.00 | 4.75 |
| BA372601 | robtg4 | Tokenomics Health Report | Decline | $ 2,500.00 | 0.83 |
Detailed Award Results
Name: Snapshot Voting
Proposer: Langers
Type: Grant
Link to Application: Round 37 - GMC Call for Grant Applications - Deadline is June 7 - #2 by langers
Decision: Approve
Awarded Funding: $6,000
Requested Funding: $6,000
Score: 4
Comments: The committee agreed to approve continued funding for Snapshot Voting, despite concerns about its cost. Members noted that there is currently no viable alternative, and ending funding would disrupt governance operations.
The committee expects work on a replacement to continue and emphasized that Snapshot should only be funded until a suitable alternative is ready. Some members also expressed a desire to see more concrete progress toward that transition.
Name: Community Calls
Proposer: Ken
Type: Grant
Link to Application: Round 37 - GMC Call for Grant Applications - Deadline is June 7 - #3 by ken
Decision: Approve at 66%
Awarded Funding: $1,584
Requested Funding: $2,400
Score: 4.75
Comments: The committee approved the grant at 66% of the requested amount ($1,584). While members acknowledged that engagement with the calls is relatively low, they also recognized that the community calls remain one of the primary channels for communication between the protocol team and the community.
The committee discussed reducing the call frequency from bi-weekly to monthly to lower costs. However, after further discussion, members concluded that maintaining the current cadence provides consistent opportunities for team engagement and accountability. Feedback from both Ken and Langers indicated that the existing frequency continues to serve its purpose, and the committee agreed that preserving the cadence was preferable to reducing the number of calls.
Instead, the committee determined that the reduction should come from the production budget rather than the number of episodes. Given the current treasury constraints and broader efforts to reduce expenses across the GMC, members agreed that a 33% reduction to the requested amount was an appropriate balance between fiscal responsibility and preserving an important community initiative.
Name: Tokenomics Health Report
Proposer: robtg4
Type: Bounty
Link to Application: Round 37 - GMC Call for Bounty Applications - Deadline is June 7 - #2 by robtg4
Decision: Decline
Requested Funding: $2,500
Score: 0.83
Comments: The committee declined the Tokenomics Health Report application, concluding that the expected value did not justify the requested funding. Members agreed that the proposal was not a priority given the GMC’s current financial constraints.
Member Participation
Ken abstained from the Community Calls application due to his conflict of interest.
Final Voting Stages
- Community Calls (GA372602): Initial vote approved funding but not a specific award structure, triggering a ranked-choice vote.
- Procedural Motion: The ranked-choice vote ended in a tie, so the GMC voted to adopt runoff voting as the standard tie-break method for future ranked-choice ties.
- Runoff Vote: Option B prevailed — $1,584 (66% of the requested amount) while maintaining two community calls per month.
- Final Slate: No committee member rejected the award slate during the 24-hour rejection period, so the decisions were finalized.
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IMPORTANT
Based on the current value of the treasury, the committee will be extremely selective with the applications they approve in the near future. The GMC recommends only submitting applications that are of highest priority or could be considered an “emergency”.
To learn more about the decision-making process or to engage with the committee, reach out to ShfRyn for an invite to the GMC server.