6. Entity & Operations

6.2 Finances

Protocol Guild’s legal entity currently receives 5% (as of Oct 4, 2024 - tx link) of split proceeds to Safe multisigs:

The entity converts all tokens on a monthly basis to maintain a stablecoin reserve. This covers:

  • $200k in reserve for 2 years of fixed + variable costs incurred to operate the entity

  • $100k in reserve for potential insurance claims against the foundation

  • Compensation for independent operations contributors

    • $12.5k/month to support cheeky-gorilla’s contributions

Generally, the entity should receive sufficient funding to cover the above, but not accumulate beyond that. These amounts are set by the membership, as noted in the Governance subsection of the docs.

6.3 Quarterly Reports

Coming soon