We voted For: This is a treasury-neutral authorization that lets Prezenti continue its Season 3 direct-grants program using funds it already holds, redeploying 151,894 USDm of uncommitted capacity and retaining 127,380 USDm plus 600,000 CELO returned from a cancelled partnership, with zero new Community Treasury funding and no overhead drawn from the grant or reserve pools. Avoiding a circular return-and-re-request transfer and another large CELO conversion is exactly the efficient handling we want to see, and with the outstanding Season 1 and 2 obligations still fully funded, we are comfortable supporting it.
We voted For: The Celo Governance Guild delivered on its Season 2 mandate, hosting 10 governance calls, merging 54 PRs into the governance repo, and moving 26 CGPs through the process, and the shortfall here is a CELO price effect rather than overspend, since a $60,400 budget paid in CELO at ~$0.1135 is worth roughly $39,900 at today’s ~$0.069. The $22,100 USDm top-up covers only the remaining August-to-December guardian payments net of what is still in the Safe, is transparently reconciled to the on-chain balance, and returns any leftover to the Community Fund, so we are comfortable funding the completion of the season.
We voted For: This funds the Celo Communities Guild’s Season 3 (July to December) at 551,000 CELO to keep 24/7 moderation, community programs, and regional coordination running across Discord, Telegram, Reddit, and X with the same four-person team that has now operated two self-managed seasons and hit its Season 2 KPIs. The ask is 41% leaner than Season 2, already nets out the 2,841 USDm and 53,569 CELO carryover, prices CELO conservatively at the lower of spot and the 90-day average plus a 10% buffer, and returns anything unused to the Community Fund, so it is a reasonable continuation of a delivered mandate.
We voted For: This is the Celo Community Fund’s proxy vote on Mento’s MGP-18, which begins winding down Mento V2 now that V3 has been live since March by replacing the remaining FX pools’ time-windowed trading limits with a single global limit sized at each stable’s outstanding supply plus a 10% buffer. That guarantees every existing holder can still exit back to USDm through the Broker while capping the reserve’s forward FX risk and holding net-new minting to roughly the same 1.1x, so it is a sensible, exit-safe step in the V2 deprecation.