Shimmer Growth Committee as part of Tangle Ecosystem Association

Either way, TEA currently owns $14M worth of SMR and wants to have another $7M (50% of the CommunityDAO) without even knowing how much they will need and when they are going to spend it.

If there should be a logical explanatation why the TEA can not be used, which so far I did not see neither by Dom nor Phylo, have a vote, whether people are generally okay bypassing the initial proposal by Kappy (instead 1:1 → 1:3). Then have votes for upcoming funding ideas by the Growth Commitee and release funds from CommunityDAO accordingly. (the ones saying but voting is so slow - TEA has enough SMR to bridge it)

Another benefit not giving 50% of Community funds out of hands is, TEA will need to be transparent. So unlike the IOTA EDF, where since over 2 years more than 4 Ti are missing, there will be transparency (ofc, only goes for the SMR which will be funded from the Community).

** IOTA EDF = early community funded 20 Ti = entity equivalent to SMR TEA
Used to be transparent, but all of sudden stopped sharing where the community money is flowing to.

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