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cgp-0248: CICLOPS Season 3 Funding Proposal - #828

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0xzoz merged 2 commits into
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cgp-0248-ciclops-season-3
Jul 30, 2026
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cgp-0248: CICLOPS Season 3 Funding Proposal#828
0xzoz merged 2 commits into
mainfrom
cgp-0248-ciclops-season-3

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@pahor167

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Summary

Adds CGP-0248 — CICLOPS Season 3 Funding Proposal (July–December 2026), authored by @KishanP.

  • Releases 35,838,926 CELO ($2,670,000 at the 90-day trailing average price of $0.0745, April 23–July 21, 2026) from the CeloUnreleasedTreasury to the Community Fund
  • Increases the CICLOPS multisig (0xd71efa410B6EaAB0bAc3b515B393C886BE70F09E) CELO allowance by the same amount
  • Same 4-transaction pattern as cgp-0246/cgp-0247: temporary EpochManager Registry swap → release → restore → increaseAllowance
  • increaseAllowance preserves the multisig's remaining Season 2 allowance (~1.76M CELO unspent on-chain)

Test plan

  • Anvil mainnet-fork test executes all 4 transactions as Governance: release event, allowance increase, Registry restoration, and full transferFrom withdrawal by the multisig all assert correctly (16/16 checks)
  • Treasury balance covers the release (125.6M CELO available)
  • Multisig address matches the CICLOPS multisig from cgp-0158/cgp-0231/cgp-0237
  • discussions-to forum link pending — will be updated once the forum post is live

🤖 Generated with Claude Code

@0xzoz
0xzoz merged commit 31602f0 into main Jul 30, 2026
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@0xzoz
0xzoz deleted the cgp-0248-ciclops-season-3 branch July 30, 2026 15:06
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3 participants