We welcome everyone back from the holiday season and we wish you all a happy new year!
One of the key developments in SafeDAO that took place towards the end of last year was the ratification of SEP 49, which will see the implementation of the long-awaited ‘Committees and Councils’ structure as an amendment to the existing OBRA framework.
Accordingly, via SEP 52, we’re excited to announce that the Contributor Efficiency System (CES) was extended for another term to provide ongoing support for initiatives during this implementation period.
No new initiatives were onboarded during this reporting period, however, two new OBRA applications were approved. An initiative which had been approved in 2024, ZK Email, is currently undergoing their CES onboarding and will provide reporting updates beginning at the end of January.
Applications
To date, OBRA has maintained a total of 41 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. However, two new applications were accepted during this reporting period. As always to find the updated list of OBRA proposals and their details, see our Notion Hub here.
Financial Update
Reporting date: January 8th, 2025
OBRA Treasury Overview 
As of this reporting, OBRA has promised ~$879k in funds for onboarded and active initiatives. The total amount of funding that will be distributed to initiatives this period is ~$61k.
| Initiatives Accepted* | December Payouts | USD Value Promised | USD Value Transferred |
|---|---|---|---|
| 23 | $61,600 | $879,500 | $699,333 |
*Note: We’ve adjusted budget tracking to only reflect active OBRA initiatives.
Budgeting accounts for accepted and onboarded projects to date.
Initiative Outcomes
November saw 4 initiatives complete milestones for a total of 5 achieved milestones.
| Initiative | Milestone Completed |
|---|---|
| Areta | Milestone II: Feedback Gathering |
| Areta | Milestone III: CES Learnings Summary & Hand-Off Report |
| Curia | Milestone I: SafeDAO Governance Analytics Report - December 2024 |
| Kolektivo & Hopper | Milestone I: Research and Design |
| Lighthouse | Milestone II: Implementation |
Areta has published a review report for the second term of the Contributor Efficiency System (CES) which has successfully concluded and has been extended for another term following the passing of SEP 52. You can read the report on the forum here.
Curia has published the latest installment of their monthly SafeDAO Governance Analytics Report. You can find the December report here.
It is worth mentioning that milestone progression for some initiatives was impacted by the holiday season. Nevertheless, most initiatives were still able to record some progress with their milestone achievements.
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: December Reporting
For all CES Updates: Notion