Grantee: Tom Beynon

Funding Amount: $30,000 (in OSMO)

Description: The initial funding is a retro grant for what the REstake team has built so far. The completion grant will be to build a delegation tool using the AuthZ module.

Purpose: REstake's delegation tool will enable tokenholders to delegate their voting power to delegates which may not be validators. This new class of delegates would sit between tokenholders and validators.

Execution: The team expects to complete the grant in in 2-3 months.

Payment Structure: 33% upfront / 66% at completion.

Useful links: https://restake.app/.