Table of Contents

1. 🛠️ State of OBRA

• As of the last reporting period, there were only two outstanding initiatives;
• One of the two outstanding OBRA initiatives (i.e., SEP 51 - LuukDAO) completed its final milestone during this reporting period, leaving only one initiative outstanding.

2. 📸 Program Snapshot

📑 Applications

To date, OBRA has maintained a total of 42 applications, of which 23 have been accepted by SafeDAO via governance. Increasing governance participation remains the strategy with the lion-share of OBRA applications.

For ease of reference find the Strategies below:

[Strategy 1] Research and implement Safe token utility

[Strategy 2] Foster module ecosystem

[Strategy 3] Increase awareness of Safe Ecosystem

[Strategy 4] Research decentralization of Safe tech stack

[Strategy 5] Increase governance participation

Wildcard strategy

💰 Financial

OBRA Treasury Overview 💰

As of this reporting, OBRA has promised ~$1M in funds for onboarded and active initiatives. The total amount of funding that is eligible to be distributed to initiatives this period is $40,500

*Note: We’ve adjusted budget tracking to only reflect active OBRA initiatives. Budgeting accounts for accepted and onboarded projects to date.’