# \[KGP-22\] KCF payment proposal (Dec 2023)

**URL:** <https://govforum.kaia.io/t/kgp-22-kcf-payment-proposal-dec-2023/683>\
**Category:** \[Closed\] Klaytn Governance Proposal (KGP)\
**Created:** [December 8, 2023, 10:26am UTC](https://govforum.kaia.io/t/kgp-22-kcf-payment-proposal-dec-2023/683 "2023-12-08T10:26:26Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Kaia\_Treasury](https://avatars.discourse-cdn.com/v4/letter/k/3d9bf3/32.png) [@Kaia\_Treasury](https://govforum.kaia.io/u/Kaia_Treasury)\
**Post date:** [December 8, 2023, 10:26am UTC](https://govforum.kaia.io/t/kgp-22-kcf-payment-proposal-dec-2023/683/1 "2023-12-08T10:26:26Z")

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**1. Summary**

We are seeking the Governance Council’s approval to utilize funds from the KCF budgets, previously approved under [KGP-12](https://square.klaytn.foundation/Proposal/Detail?id=4) and [KGP-16](https://square.klaytn.foundation/Proposal/Detail?id=18), for making payments in December using KLAY. These payments aim to support service development, enhance infrastructure and attract developers in line with the Klaytn Community Fund’s objectives.

Specifically, three projects are set to receive funding, with a variable amount of KLAY allocated for fixed USD-quoted expenses. The detailed breakdown of KLAY expenditure will be openly disclosed in quarterly reports and Klaytn Square.

The Klaytn Foundation will facilitate voting on each of the three agenda items, enabling the Governance Council to express opinions and preferences on each specific matter.

**2. KCF payment details**  
Klaytn Community Fund - Floating KLAY amount

 ![KCF December payment](https://canada1.discourse-cdn.com/flex035/uploads/klaytngovernance/original/1X/6aa715cc2750ee955d6238b84fd1fda5ed43ad0b.png)

- [Blockchain at Yonsei(BAY) NFT project\_progress report.pdf - Google Drive](https://drive.google.com/file/d/12X99eL6d498r8JfPTPR1cupdpNZibY7b/view?usp=sharing)

**3. Voting Process**  
After governance proposal forum posting, each agenda items on this proposal will be moved to Klaytn Square for on-chain voting.
