Safe Grants Program
The Safe Grants Program (SGP) aims to provide resources to support the growth of the Safe brand, ecosystem, and $SAFE token utility. It is designed to increase the number of contributors working with the Safe Protocol. The SGP will align with the OBRA model and could also fund decentralized protocol development, hackathons, new user experience tools, marketing efforts, documentation, and tooling.
Milestone questions
To manage funds, the SafeDAO plans to set up a separate multi-sig safe that is periodically funded by the SafeDAO, as approved by the community. The OBRA should list the areas that the SafeDAO wants to improve and grow, so that the SGP can focus on these priority areas and disperse funds to grantees.
Governance
The governance framework for the SGP will be lean and iterative. It will involve the following steps:
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Initial public application: A dedicated space on the forum will be created for the Safe Grants Program, where anyone can submit an application to the Safe Grants Committee.
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Application review: The Safe Grants Committee will review grant applications against identified goals cascaded from the OBRA model and community guidelines.
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Committee feedback: After reviewing the applications, the committee may approve the grant, deny the grant, or work with the grant applicant to update the application to better align with SGP goals and reconsider it.
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Grant approval: The Safe Grants Committee will announce approved grants in a public forum.
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Grant structuring and milestones: Once a grant is approved, the committee will outline a series of milestones that the grantee must achieve to receive funding. Grantees will be compensated for reaching each milestone, and the Safe Grants Committee reserves the right to stop payment or close the grant if milestones are not met.
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Grant payments and management: The committee will sign off on grants using the multi-sig system and keep records of payments and monitor the grant over time.
Safe Grants Program Flow Chart
The following chart outlines how an applicants grant is processed, reviewed and paid or denied.
