[BIP-38] Request for BAL Allocation to Orb Collective

It was first mentioned in the Orb Collective funding proposal that Orb intended to request BAL via a separate governance proposal, to be aligned with the grants that were promised by Balancer Labs to full-time team members.

This would not cost the DAO any additional BAL.

The Orb team is requesting 398,527 BAL, to be awarded as compensation to current and future team members on a 4 year vesting basis, with a 1 year cliff.

These BAL tokens would come from the DAO, which has recently increased its BAL supply via a transfer it received on 29/07/22.


If approved, send 398,527 BAL from the DAO Multisig 0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f to the Balancer Foundation 0x3B8910F378034FD6E103Df958863e5c684072693