<aside> ✏️ There are two ways how to get funding from SafeDAO: Safe Grants Program (SGP) {currently inactive} and Outcome-based resource allocation (OBRA). This OBRA 101 provides an overview of OBRA and its processes.
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Table of contents
OBRA is SafeDAO’s approach to efficiently allocate resources to the most important needs of the Safe ecosystem. Every funding request (also known as an initiative) must fall under a pre-approved strategy (see below). Each strategy advances SafeDAO’s goals and ties into its vision and mission. OBRA is designed to be flexible, adapting over time to include new strategies or modifications to the framework. You can read the full text of OBRA in the original proposal (SEP-8) here.
SEP-49 introduced several changes to the initial design of OBRA. One of the key improvements is transitioning the decision-making framework for grants from a default DAO vote to a vote only when necessary. This change enables the DAO to leverage the expertise of the Safe Ecosystem Foundation (through the Strategy Steering Committee), and of the community (through the Grants Council). The SSC will lead the design, iteration, and oversight of the upcoming wave of OBRA (OBRA Wave 2), which is expected to commence soon.
Note that ‘Wave 1’, ‘Wave 2’, etc., are recent nomenclature. These terms might not be present in earlier proposals.
| Timeline | Event | Description |
|---|---|---|
| Season 1 / Sprint 1 (November 2023) | SEP 8: Outcome Based Resource Allocation (OBRA) is ratified | - SEP 8: link to Snapshot |
As mentioned above, OBRA is currently paused. The Strategy Steering Committee will soon propose the next set of strategies to be funded.
Through SEP 8, SafeDAO agreed on 5 strategies, plus one wildcard strategy to move its strategic goals as outlined in the constitution forward. The wildcard strategy serves as a catch-all bucket for initiatives that do not fall under Strategies 1-5. SafeDAO is following an iterative approach. After the first season contribution to strategies will be assessed and strategies may be adjusted according to the objectives of SafeDAO.
| Strategies | Goals | Original Budget (overall) | Budget (start of cycle) | Budget (remaining after current cycle) | Details |
|---|---|---|---|---|---|
| [Strategy 1] Research and implement Safe token utility | Tokenize value (Goal 3) | 200.000 USDC | 65.000 USDC | 65.000 USDC | [Strategy 1] Research and implement Safe token utility |
| [Strategy 2] Foster module ecosystem | Foster vibrant ecosystem (Goal 1) | 300.000 USDC | 15.000 USDC | 15.000 USDC | [Strategy 2] Foster module ecosystem |
| [Strategy 3] Increase awareness of Safe Ecosystem | Foster vibrant ecosystem (Goal 1) | 250.000 USDC | 69.500 USDC | 19.500 USDC | [Strategy 3] Increase awareness of Safe Ecosystem |
| [Strategy 4] Research decentralization of Safe tech stack | Resilience through decentralization (Goal 2) | 200.000 USDC | 50.000 USDC | 50.000 USDC | [Strategy 4] Research decentralization of Safe tech stack |
| [Strategy 5] Increase governance participation | Resilience through decentralization (Goal 2) | 150.000 USDC | 21.000 USDC | 0 USDC | [Strategy 5] Increase governance participation |
| Wildcard strategy | All goals | 100.000 USDC | 50.000 USDC | 0 USDC | Wildcard strategy |
Below you can find the scope, the KPIs and other information on the strategies.
[Strategy 1] Research and implement Safe token utility
[Strategy 2] Foster module ecosystem
[Strategy 3] Increase awareness of Safe Ecosystem
[Strategy 4] Research decentralization of Safe tech stack
[Strategy 5] Increase governance participation