[AIP-74] Foundation Continued Funding 2025-Onwards

Proposals
1

Summary

This proposal seeks approval for the funding required to cover the monthly operational costs of the Aura Foundation for the year 2025. The proposed funding will be sourced from the revenue generated by voting rounds, avoiding any unnecessary selling of AURA or depletion of treasury reserves.

Background

In 2024, the estimated costs for the foundation were $226,500, while the actual expenditure amounted to $220,368. These costs were primarily allocated to essential infrastructure, including AWS services, payment providers, and legal expenses.

For 2025, the estimated total costs are $184,000, reflecting a reduced expenditure while maintaining operational efficiency. This figure is based on the current monthly foundation costs of approximately ~$10,000, covering key infrastructure and service providers. Additionally, the foundation incurs ~$40,000 annually in The foundation’s operational expenses, including the engagement of service providers in the Cayman Islands, legal and compliance costs, and other associated expenditures. This cost may not be fully covered by the revenue from voting rounds and could require a future AIP to resolve based on surplus funds.

Details

  • Funding Source: The proposal suggests covering the monthly foundation costs using revenue generated from the DAO’s voting rounds.
  • Treasury Position: Currently, the treasury holds a ~1.5M vlAURA position, ensuring a robust financial base.
  • Revenue Utilization: Instead of selling AURA or tapping into the treasury reserves, revenue from the voting rounds will be directed toward foundation expenses.
  • Projected Income: The last treasury claim from voting rounds amounted to $5,180, with an estimated monthly revenue of $10,360, which is sufficient to cover all operational expenses without requiring additional funding mechanisms.

While this proposal accounts for all estimated operational expenses, the operational costs of ~$40,000 may not be entirely covered by the voting round revenues. If necessary, an additional AIP may be proposed later in the year to address any shortfalls, leveraging remaining surplus funds from voting rounds.

Conclusion

This proposal ensures that the Aura Foundation remains financially sustainable in 2025 by utilizing voting round revenue instead of liquidating assets. The estimated $184,000 in annual costs will be covered through projected monthly revenue, maintaining the stability and efficiency of the foundation without additional strain on the treasury.

We encourage the community to review and support this proposal to ensure the smooth operation of the Aura Foundation in the coming year.

1 Like
2

I support this proposal.

The idea of locking AURA was to use in situation like this, so there is not sell pressure or treasury depletion.

We need to be mindful of the 40k annual expenses, let’s see how that goes further in the line. Either way, the amount to be topped up will be way lower than the precious years.

3

I fully support this proposal.

This might be the leanest, most efficiently operated project currently operating. There’s no bleed to the treasury thanks to the sustainable monthly revenue from the locked protocol vlAURA, so any additional AIP’s needed should be minimally impactful.

4

Full support.

Looks like the locked amount in the earlier proposal was very beneficial for the longevity of the protocol and for hopefully for the token price going forward by not requiring annual sell offs from the DAO.

The recurring rewards vs the monthly estimated expenditure seems pretty tight, so something to keep an eye on, but this whole initiative is great IMO

5

The proposal sounds good and the operations looks lean. Could we add quarterly reporting on the Treasury to the proposal?

And as a quick question: when did the Treasury locked vlAURA income take effect?

6

In overall the proposal looks good, I am in fully support of it.

As another topic: the founding of this year shows a reduction on overall costs of 42K , that is sort of an achievement .