GnosisDAO Allocates $15 Million Through Governance Proposal for Stablecoins
2026-08-28 17:41:57
According to CoinMeta, Wu said that GnosisDAO has approved the governance proposal through gip-154, and will provide $15 million in stablecoins to Gnosis Ltd. This funding will be distributed over 12 months starting from September 1, 2026, on a quarterly basis, and will mainly be used for Gnosis Pay, Gnosis Chain / EEZ, Circles, and core infrastructure initiatives. This budget is approximately 50% less than the $30 million requested in the previous year. The proposal also approves a $2 million working capital loan for Gnosis Pay, with restrictions on the use of this funds, which must ultimately be repaid to DAO. In the end, there were about 104,172 votes in favor and 1.4 votes against, exceeding the legal threshold of 75,000 votes.
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