Growth Fund

Expedited and coordinated decision making is required for DAOs to remain efficient, responsive, and competitive within the market. However, a formal decentralised governance process take days to undergo proposal, voting and execution. It takes 4-9 days for Tracer DAO governance proposals to pass. The Tracer Growth Fund was established on September 2, 2021 via proposal to solve this issue, and allow Tracer DAO to efficiently allocate tokens to growth opportunities and operational expenditure. 
View the Growth Fund portfolio here.
Scope
The Tracer Growth Fund intends to incentivise efforts towards the the short-term and long-term development of Tracer DAO. The Growth Fund is used to distribute payments to cover:
On-going Service Providers that have been approved through a formal governance vote; 
Community contributors;
Liquidity mining programs that have been approved through a formal governance vote;
Marketing & media packages;
Protocol audits;
Advisors; and,
Community initiatives.
Proposals that fall outside of the remit of the Growth Fund include:
Changes to financial contracts and factory;
DAO contract changes;
DAO fund transfers;
Chainlink price feeds (if there are no funds in the DAO, the Growth Fund may be used to fund as an operational expenditure);
Future rewards (liquidity mining and airdrops);
Public distribution events (Auctions, LBPs etc.);
New Governors and Alpha Testers;
Growth Fund Manager replacement; and
Termination of Growth Fund vesting schedule.
Management
The Growth Fund is managed by the Growth Fund Managers via a 4/7 multisig.
Growth Fund Manager
ETH address
1. Raymond (Co-founder) of Mycelium
raymogg.eth
2. Pat (Co-founder) of Mycelium
0x9C58Bdf481Ab88CBfc9FFBb10aAd74bef78c3390
3. Adam Bawi (Core Contributor) of Mycelium
0x12FABFBFc1F15aE2F46f87DFD42e028E1D3Fbbbb
4. Doo Wan Nam (Co-founder) of Stable Node
0x2D5b6ccCa29B77AEB21D821De3B433F97fdeF29B
5. Richard (CEO) and Aaron (Research Associate) of DACM
0xf8ccf1f5381956f4152B5570627C49D42eABB60e
6. Balder Bomans (Managing Partner) & Mathijs van Esch (Investment Manager) of Maven11
0xF66d7aB001B06b44B473E23d70eaC1E47B19e453
7. Chris Berg (Co-founder) of RMIT Blockchain Innovation Hub
0x219BaD06180F4024A06C372d754E882D175Df098

Growth Fund Manager	ETH address
1. Raymond (Co-founder) of Mycelium	raymogg.eth
2. Pat (Co-founder) of Mycelium	0x9C58Bdf481Ab88CBfc9FFBb10aAd74bef78c3390
3. Adam Bawi (Core Contributor) of Mycelium	0x12FABFBFc1F15aE2F46f87DFD42e028E1D3Fbbbb
4. Doo Wan Nam (Co-founder) of Stable Node	0x2D5b6ccCa29B77AEB21D821De3B433F97fdeF29B
5. Richard (CEO) and Aaron (Research Associate) of DACM	0xf8ccf1f5381956f4152B5570627C49D42eABB60e
6. Balder Bomans (Managing Partner) & Mathijs van Esch (Investment Manager) of Maven11	0xF66d7aB001B06b44B473E23d70eaC1E47B19e453
7. Chris Berg (Co-founder) of RMIT Blockchain Innovation Hub	0x219BaD06180F4024A06C372d754E882D175Df098

Last modified 11mo ago