It took a week to propose, discuss, and vote on a 1500 WING grant for Ichi to develop oneWING.
We have more partnerships in the pipeline which may require grants for integrations. These integrations with third-party platforms and services can bring more value to Wing and ingrain us deeper into the rest of the DeFi ecosystem. However, repeating the voting process for every individual partnership expends valuable time which could be put towards faster development.
I propose to allocate 10K WING (roughly $150k at time of proposal) from the currently unallocated 35k WING towards grants in a partnership development fund that may be used at the Wing team’s discretion.
Similar to the Marketing Fund, the Partnership Fund will allow us to move quickly and confirm and announce new partners and for these partners to start integration developments right away.
Some projects in this space also have confidential pricing models which makes us unable to request funds as individual proposals. The establishment of a general-purpose Partnership Fund would enable us to still pursue these partnerships.
10K WING should be enough to cover partnership integrations for the rest of the year. If we run out and need more, we can request more. Likewise, if it ends up being more than we need, we can return them to be voted on to be used for something else.