GM everyone! We’re pleased to reach the end of another reporting period, and likely one of the last reporting periods under the current OBRA structure.
Continuing the trend from the last reporting period, we were pleased to see two more initiatives complete their final milestones during this reporting period. Accordingly, there are only two (2) outstanding initiatives which are yet to to conclude.
We estimate that the outstanding initiatives will be able to conclude their milestones and grant responsibilities prior to the next wave of OBRA, providing a clean slate for kicking off the new OBRA wave.
Applications
To date, OBRA has maintained a total of 42 applications, of which 23 have been accepted by SafeDAO via governance. Increasing governance participation remains the strategy with the lion-share of OBRA applications.
Currently, there are no applications being voted on in snapshot. As always, to find the updated list of OBRA proposals and their details, see our Notion Hub here.
Financial Update
Reporting date: May 5th, 2025
OBRA Treasury Overview 
As of this reporting, OBRA has promised ~$1M in funds for onboarded and active initiatives. The total amount of funding that is eligible to be distributed to initiatives this period is $40,500
| Initiatives Accepted* | April Payouts | USD Value Promised | USD Value Transferred |
|---|---|---|---|
| 23 | $40,500 | $1,050,000 | $927,500 |
*Note: We’ve adjusted budget tracking to only reflect active OBRA initiatives.
Budgeting accounts for accepted and onboarded projects to date.
Initiative Outcomes
February saw 3 initiatives complete milestones for a total of 4 achieved milestones.
| Initiative | Milestone Completed |
|---|---|
| Goverland [SEP 30] | Milestone II: Phase 2 - Design, Implementation, Release |
| Gnosis Guild [SEP 48] | Milestone IV: Development & Testing |
| LuukDAO [SEP 51] | Milestone I: Design and Specification |
| LuukDAO [SEP 51] | Milestone II: Development |
Goverland [SEP 30] has successfully completed all their milestones including enabling SafeDAO delegations on their mobile app and notifications on SafeDAO delegate activity. You can test out these features by downloading the Goverland app for andriod or IOS.
Gnosis Guild [SEP 48] has completed their final milestone by developing a role-generation feature in the Zodiac Pilot app. For more details you can access their full report here.
These updates, along with more details on the progress of OBRA initiatives for the past reporting period, will be reflected on our CES Reporting Summary page here.
CES Resources
For this month’s reporting: April Reporting
For all CES Updates: Notion