Forum Post: https://forum.makerdao.com/t/amended-mip40-important-information-for-core-units/15450
⬇ About ⬇
In the latest development in the ongoing discussion about Core Unit budgeting, MIP40 defines a framework for managing and modifying Core Unit budgets and has been amended with several substantial changes.
Some primary changes include:
– Budget Submission Windows: Budget Submission Windows is a new aspect of Core Unit budgets outlined by MIP40. Budget requests can only be submitted quarterly in March, June, September, and November.
– Budget Start and End Dates: Budgets now have a maximum duration of 12 months and cannot start later than three months after being formally submitted.
– Budget Composition: Budget requests are now required to provide more specific details
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