Just a quick reminder about SIP-3, which allocated 3,000,000 SAND for LiveOps. This included funding for LAND buyback campaigns, rewards for LAND owners, and other initiatives to support The Sandbox ecosystem.
It’s been a while since this proposal was introduced, but it seems like no significant actions have been taken yet. Could we get an update on when this will move forward?
Looking forward to hearing from the team or anyone with insights.
Great question! Got me wondering now that you’ve brought it up. Perhaps @Cyril or @Geraldine can enlighten us.
GM,
Yes indeed this category was supposed to be usd by The Sandbox (TSB) to advance a SIP on how to distribute rewards etc in a different way, using the DAO budget. Similar to what happen with SIP 7: Staking Budget for LAND owner.
I appears the TSB liveops team never needed the extra budget after all. So it wil be repurposed as part of the new budget structure that will be proposed soon, to accompany TSB annual donation for 2025.
I hope it helps ! Have a nice weekend.