The implementation of the proposed ‘Councils and Committees’ structure for Safe DAO remains in progress, following feedback from the community to proceed slower and iteratively.
No new initiatives were onboarded during this reporting period, however, several new OBRA proposals were received and are up for discussion on the forum. One of these includes a proposal for the extension of the Contribution Efficiency System (CES) to continue supporting OBRA operations until there is greater clarity regarding the implementation of the proposed council structures. Below, you can access the new OBRA initiative proposals on the forum, as we approach the next voting period:
- [Draft] [OBRA] SafeGov: Transparent and Modular Treasury Management for DAOs - [IOPLUS]
- [DRAFT] [OBRA] Create & Manage a Digital Org using a Safe - Espla
- [Draft] [OBRA] Develop and Integrate Ecosystem Vaults
- [Draft] [OBRA] Contribution Efficiency System (CES) Bridge Extension - Areta
- [Discussion][OBRA] Safing intelligently - Build Credio Module to extend Safe’s automated decision making with AI
Each of these prospective initiatives shared a run through of their proposal on last week’s community call. You can find the details and a recording of that call here.
Applications
To date, OBRA has received a total of 41 applications, with 21 of them being accepted and ratified through voting on Snapshot. The majority of OBRA applications have been skewed towards increasing governance participation and awareness of the Safe ecosystem (i.e., strategies 5 and 3 respectively).
There are currently no applications being voted on in Snapshot, but we expect the aforementioned proposals to be uploaded in the early part of this week. As always to find the updated list of OBRA proposals and their details, see our Notion Hub here.
Financial Update
Reporting date: Dec 9th, 2024
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 ~$48k.
| Initiatives Accepted* | November Payouts | USD Value Promised | USD Value Transferred |
|---|---|---|---|
| 21 | $48,400 | $879,500 | $637,733 |
*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 5 initiatives complete milestones for a total of 6 achieved milestones.
| Initiative | Milestone Completed |
|---|---|
| Curia | November Governance Analytics Report |
| Areta | Milestone I: Operational Management and Continuity |
| DoDAO | Milestone III: Creation of Clickable Demos |
| LuukDAO | Milestone III: Deployment; Milestone IV: Campaigns and Results |
| LuukDAO | Milestone II: Host Three Monthly FinOps Workshops |
As highlighted in previous reporting, Gnosis Guild/One Balance/Cometh are inching closer to finalizing the rescoping of their initiative which was affected by ongoing developments in the ERC-7579 space.
As an update, LuukDAO has completely finalized two of their initiatives, SEP 18 and 19, after having a few deliverables briefly drawn out due to external blockers/dependencies. You can find the closing reports for both initiatives here and here.
Additionally, Curia has published the second installment of their six-part monthly SafeDAO Governance Analytics Report. You can find their November 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: Reporting
For all CES Updates: Notion