| SIP | Title | Author | Status | Track | Created |
|---|---|---|---|---|---|
0029 |
Transfer of SOV Pursuant to SIP-0015 |
Armando |
Approved |
Treasury |
2021-09-08 |
SIP-0015: Sovryn Treasury Management (link provided here) approved an operating budget of 5,639,130.56 SOV to be made available to the Exchequer Multisig. This budget is intended to be drawn from three funds: the Ecosystem Fund, Adoption Fund and Development Fund. SIP-0015 resolved that the transfer of SOV requires additional and separate SIPs. This SIP will facilitate the transfer of a total of 1,050,000 SOV from the GovernorVaultAdmin contract, to the Exchequer Multisig. The SOV to be transferred is drawn from the Ecosystem Fund and Adoption Fund, as outlined below:
| Contract Name | Contract Address | Vesting | Total Amount (SOV) |
|---|---|---|---|
| Adoption Fund | |||
| GovernorVaultAdmin | 0x51C754330c6cD04B810014E769Dab0343E31409E | No vesting | 800,000 |
| Ecosystem Fund | |||
| GovernorVaultAdmin | 0x51C754330c6cD04B810014E769Dab0343E31409E | No vesting | 250,000 |
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