1. Summary
We are seeking the Governance Council’s approval to utilize funds from the KCF budgets, previously approved under KGP-24 and KGP-32, for making payments in the short term using KLAY. These payments aim to support service development and enhance infrastructure in line with the Klaytn Community Fund’s objectives.
Two projects are set to receive funding and the precise expenditure of KLAY will be transparently disclosed via Klaytn Square. Klaytn Foundation will facilitate voting on each agenda item, enabling the Governance Council to express opinions and preferences on each specific matter.
2. KCF payment details
3. Voting Process
After posting the governance proposal on the forum, each agenda item will be moved to Klaytn Square for on-chain voting. The on-chain voting will be conducted from June 7 to June 21, and a GC meeting to discuss the agendas will be held on June 12.