GIP-128 Should GnosisDAO fund Gnosis Ltd with $30m/ year?

This proposal requests a grant with an annual budget of $30 million in stablecoins, disbursed quarterly, to fund the operations of Gnosis Ltd — now formally a quasi-foundation — as the primary builder of Gnosis infrastructure and ecosystem products.

Gnosis Ltd played a foundational role in the Gnosis ecosystem: it conducted the original GNO token sale in 2017, and in 2021, divested 150k ETH, 8 million GNO, and several third-party token positions into the newly formed GnosisDAO. Since then, it has operated without requesting funding, relying on its retained assets.

As of early 2025, Gnosis Ltd has successfully completed its legal transformation into a quasi foundation (a Company Ltd by guarantee without share capital), eliminating the dual equity-token structure and converting the entity into a purely purpose driven organization, with the objective to further the Gnosis ecosystem and decentralised technologies more generally. With the transition complete and reserves running low, this proposal marks its first funding request to the DAO.

While many entities contribute, Gnosis Ltd is still the primary development and operations entity in the Gnosis ecosystem. It builds and maintains the core infrastructure that powers Gnosis Chain, and develops and supports major products, onboarding, BD, and governance tooling for the community.

This proposal ensures continuity and momentum for critical initiatives, while maintaining full alignment with the DAO’s long-term interests.

Scope of Work & Budget Breakdown
The requested grant will cover Gnosis Ltd’s forecasted expenditure for a 12-month period, starting July 1, 2025. Disbursements will occur quarterly, with each installment totaling $7.5M in stablecoins. Funds will be sent to Gnosis Ltd’s Gnosis Safe.

Below is a high-level breakdown of Gnosis Ltd’s budget for the next 12 months. There are currently 127 team members and we’re expecting to onboard 25 more in the coming year.

Product Development $15.5m
Gnosis Pay $8.0m
Circles $1.5m
Gnosis (fka metri) $3.1m
Gnosis Business (fka HQ) $2.9m

Gnosis Chain and Core Infrastructure $3.6m
Personnel (chain, bridges, devops, audits, analytics) $1.95m
Hosting and cloud providers $0.65m
Security audits and bug bounties $0.3m
Gnosisscan $0.4m
Safe network support $0.18m
tenderly network support $0.1m
dune network support $0.02m

BD and DevRel $3.85m
Personnel $0.85m
Integrations (CEX, stablecoins, onramps) $2.5m
Event sponsorships $0.4m
Open internet clubs $0.1m

Marketing and design $2.035m
Personnel $1.05m
Marketing spent $0.835m
PR agency $0.15m

Gnosis Labs $0.4m
Personnel $0.4m

HR & ops $0.45m
Personnel $0.45m

Legal $1.625m
Personnel $1.025m
External advisory $0.6m

Finance $0.59m
Personnel $0.41m
External advisory $0.11m
Software $0.07m

Personnel overhead $1.5m
Travel, equipment, software, offices

Management $0.45m
M/S/F $0.15m each

Reporting and Accountability
Gnosis Ltd will publish quarterly reports detailing spend and progress across all budget categories.

No additional oversight structures are proposed; DAO token holders retain ultimate accountability through governance.

Future funding will depend on DAO review of outcomes and updated proposals.

Gnosis Ltd seeded the DAO. This proposal ensures the DAO can continue to rely on it. Onwards and upwards! :rocket: