Rug Radio DAO seeks to incentivize and recognize the efforts of creators, artists, devs, and builders in the Rug Radio community. Forming the RDAO Small Grants Committee provides another funding avenue (distinct from the Rug Radio Prop House model) where the council appoints 2-3 Council Members to serve as Small Grants Committee members, and entrusts them to efficiently dispense a flexible pool of funding for the duration of a trial period of 3 months.

Small grants will be funded from the DAO Treasury (executed by at least 3 established Multi-Sig signatures) upon approval by the Small Grants Committee. The Small Grants process is different from the Rug Radio Prop House process and serves different functions; Small Grants proposals may have a shorter deadline than the funding rounds in Prop House and funds can be released fast by approval of the Committee, will not have predefined criteria and will involve grant amounts so small they don’t warrant a proposal, or in exceptional cases are for projects that are already completed.

The Small Grants Committee, inspired by the successful NounsDAO model, presents an exciting opportunity to empower and reward our creative community by:

• Streamlining the funding process for smaller projects

• Encouraging participation from a diverse range of talents

• Catalyzing innovation and growth within the Rug Radio ecosystem.

• Attracting skilled individuals to the Rug Radio community

• Fostering a dynamic exchange of ideas that can lead to unforeseen breakthroughs.

This proposal requests an allocation of 3 ETH, 50,000 $RUG, 5 Genesis NFTs, 5 Membership Passes, and 5 CVL PFP NFTs from the Rug Radio DAO to fund the Rug Radio Small Grants Committee starting on May 1st 2023 until July 31st 2023.

The voting period closes on April 24 at 5:50pm ET (9:50pm UTC).

FAQ

How do I vote?

Click "Let's Vote!" > Connect your wallet in the top right corner > Read through the proposal > Submit your vote > Sign the message presented by your wallet and you're all set!

I have $RDAO, but can't vote?

Snapshot works by taking a snapshot of $RDAO holders at a particular time.

In order to be eligible to vote for this proposal, you must have been holding $RDAO in your wallet before April 17 at 5:50pm EST (10:50pm UTC).

How do I claim $RDAO tokens?

You can claim and exchange $RUG for $RDAO on the Syndicate claim site.