I believe that I already communicated my thoughts (see below) on the proposal. I don’t see how defunding the GwG to this degree helps the treasury. It actually doesn’t. Yes - I did the math.
While I do see that the GwG budget has ballooned ($488,600 to $1,271,900.00) as per their last budget request, it’s not as if they’re engaged in wasteful spending because that excess goes back into the community and fills in the gaps left by ThankApe.
As to the $300K number, I believe that mathematically it’s immaterial because even at $250K /w 69% passing threshold, I don’t expect the voting results to be that much different were it $249K, $300K or $1M. And that is because as this proposal would essentially defund the GwG, if this ever makes it through admin review and ultimately to vote, there’s bound to be a large voting turnout to prevent that from ever happening.
Ref:
AIP-408: Q2/Q3 2024 Governance Working Group Budget
AIP-317: ApeCoin DAO Governance and Operations Budget