# CIP-43: Operational CoW DAO Safe Renewal
**URL:** https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421
**Category:** Closed Proposals
**Tags:** cip, proposal, successful
**Created:** [May 10, 2024, 11:41am UTC](https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421 "2024-05-10T11:41:51Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@notsoformal](https://forum.cow.fi/u/notsoformal)
#### Post date: [May 10, 2024, 11:41am UTC](https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421/1 "2024-05-10T11:41:52Z")
```auto
CIP-43: Operational CoW DAO Safe Renewal
CIP: 43
title: Operational CoW DAO Safe Renewal
author: notsoformal
status: Active
created: 2023-05-10
```
# Simple Summary
CoW DAO has a number of operational needs, including various ecosystem related transactions and operations. These require low funding amounts, but payments that are sent frequently (eg. network fees, testing, user studies etc.)
[CIP-25: Operational CoW DAO Safe](https://snapshot.org/#/cow.eth/proposal/0x79fdcc006030d50ab0ffe0ffd7c474a409eb70448d1c8eba58919af7559a876e), enacted a mandate to the Core Team to manage a 80 ETH (ca. 145k USD equivalent) budget for operational needs. As the CoW DAO Safe is now reaching lower than 10 ETH, this renewal CIP requests a top up for continued operations.
This CIP asks for a funding allocation of 50 ETH.
# Motivation
This CIP asks to transfer 50 ETH (ca. 150k USD equivalent) from the CoW DAO Treasury (`eth:0x616dE58c011F8736fa20c7Ae5352F7f6FB9F0669`) to the CoW DAO Ops Safe (`eth:0x46861c73480d35AA285f1420Ba80e76766F9885c`).
During the last 11 months (May 2023 to Apr 2024), the Ops Safe has mainly been involved in the funding of:
- Gas and smart contract initiation costs
- Testing initiatives, namely:
- UX user interviews
- Frontend testing
- Fee mechanism testing
- ETH Flow smart contracts top up
- Bug Bounties , namely a bounty paid through Immunify
- Testing CoW AMMs and benchmarking to competitor AMMs
| Wallet | Category | Amount in ETH | Obs |
| --- | --- | --- | --- |
| CoW DAO Ops Safe | OPEX\_Ecossystem Funds | -2.38 | OPEX payout to service providers |
| | OPEX\_Bounties | -6.56 | Immunifi bounty payout |
| | REV-MEV Blocker Rebates | -22.27 | Return of abnormal MEV Blocker Rebates to business partners |
| | | | |
| | **Total** | **-31.21** | |
| CoW DAO Ops EOA | OPEX\_Ecossystem Funds | -22.91 | Gas fees, bridging fees, topping up wallets for signature funds |
| | Platform Fee | -0.01 | |
| | | | |
| | **Total** | **-22.92** | |
| | | | |
| | **Spent** | **-54.13** | |
| | | | |
| CoW DAO Ops EOA | Uni v2 Pool - WETH / Testing CoW | 1 | |
| | Gnosis CoW AMM Pools | 12.98 | Total allocation: 40200 USD |
| | | | |
| | Blocked funding | 13.98 | |
| | | | |
| | **Total funds allocated** | **68.11** | |
| | Free funds in EOA | 4.95 | |
| | Free funds in Safe | 3.15919 | |
| | | | |
| | **Total** | **76.22** | |
| | Value fluctuation / loss | -3.78 | |
| | CIP-25 allocation | 80.00 | |
_Note: MEV Blocker rebates refund was received by the CoW Treasury, as such, this “spent” was actually received by the Treasury previously_
These funds will be used as necessary in the development of the CoW Protocol Suite and related undertakings, namely:
1. Deployment of smart contracts;
2. Audit services for smart contracts;
3. Bounties;
4. Testing of features (like partial orders, milkman upgrades, and others);
5. User studies;
6. Funding of the ETHFlow refunder wallets;
7. Funding for gas and signers;
All rules for the management of these funds follow from the initial CIP-25.
Any unused funds from the Operational CoW DAO Safe can, at any moment, be withdrawn by CoW DAO’s [main Safe](https://app.safe.global/home?safe=eth:0xcA771eda0c70aA7d053aB1B25004559B918FE662) and re-allocated for any other community-driven initiative.
Further top-ups will require a summarised expense report of prior funding along with another CIP.
The assets in the operational CoW DAO Safe will remain idle (no asset management).
# Proposal
1. Transfer 50 ETH (ca. 150k USD equivalent) into from the CoW DAO Treasury (`eth:0x616dE58c011F8736fa20c7Ae5352F7f6FB9F0669`) to the CoW DAO Ops Safe (`eth:0x46861c73480d35AA285f1420Ba80e76766F9885c`)
---
### Author:  [@notsoformal](https://forum.cow.fi/u/notsoformal)
#### Post date: [May 17, 2024, 2:46pm UTC](https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421/2 "2024-05-17T14:46:15Z")
Proposal moved to [Snapshot](https://snapshot.org/#/cow.eth/proposal/0xcf0cea1d434e3036d07cb61d3d155b2bd45af0d83d280897eb11ce69f5e1f34b) to voting.
---
### Author:  [@devanoneth](https://forum.cow.fi/u/devanoneth)
#### Post date: [May 17, 2024, 10:34pm UTC](https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421/3 "2024-05-17T22:34:55Z")
Can you please clarify if it’s 50 or 60 ETH? 50 is mentioned under motivation but 60 is mentioned under proposal. Thanks!
---
### Author:  [@notsoformal](https://forum.cow.fi/u/notsoformal)
#### Post date: [May 20, 2024, 7:53am UTC](https://forum.cow.fi/t/cip-43-operational-cow-dao-safe-renewal/2421/4 "2024-05-20T07:53:55Z")
Thank you for posting! Corrected to 50 ETH. cc @KPK for acknowledgement.