# \[CES\] OBRA: Initiatives Reporting - May

**URL:** <https://forum.safefoundation.org/t/ces-obra-initiatives-reporting-may/6582>\
**Category:** General Discussion\
**Created:** [June 9, 2025, 11:54am UTC](https://forum.safefoundation.org/t/ces-obra-initiatives-reporting-may/6582 "2025-06-09T11:54:06Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Areta](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.safefoundation.org/areta/32/3909_2.png) [@Areta](https://forum.safefoundation.org/u/Areta)\
**Post date:** [June 9, 2025, 11:54am UTC](https://forum.safefoundation.org/t/ces-obra-initiatives-reporting-may/6582/1 "2025-06-09T11:54:07Z")

</div>

GM everyone. We’re glad to reach the end of another reporting period!

As a major update, this reporting period saw one of the two outstanding OBRA initiatives complete its final milestone. This is in line with our estimation that all initiatives will complete their grantee responsibilities before the next wave of OBRA.

### Applications

To date, OBRA has maintained a total of 42 applications, of which 23 have been accepted by SafeDAO via governance. Increasing governance participation remains the strategy with the lion-share of OBRA applications.

Currently, there are no applications being voted on in snapshot. As always, to find the updated list of OBRA proposals and their details, see our Notion Hub [here](https://www.notion.so/5578fa5ee1c5465390f94588a4f7a230?pvs=21).

 ![Distribution of OBRA Applications by Strategy (as of May 2025)](https://europe1.discourse-cdn.com/flex013/uploads/gnosis_safe/original/2X/3/313285b8220388fed71e006db7d233e9b5199781.png)

### Financial Update

Reporting date: June 9th, 2025

**OBRA Treasury Overview 💰**

As of this reporting, OBRA has promised ~$1M in funds for onboarded and active initiatives. The total amount of funding that is eligible to be distributed to initiatives this period is $40,500

| Initiatives Accepted\* | **May Payouts** | USD Value Promised | USD Value Transferred |
| --- | --- | --- | --- |
| 23 | $10,000 | $1,050,000 | $968,800 |

\*Note: We’ve adjusted budget tracking to only reflect active OBRA initiatives.  
Budgeting accounts for accepted **and** onboarded projects to date.

### Initiative Outcomes

February saw 3 initiatives complete milestones for a total of 4 achieved milestones.

| **Initiative** | **Milestone Completed** |
| --- | --- |
| LuukDAO [[SEP 51](https://forum.safefoundation.org/t/draft-obra-develop-and-integrate-ecosystem-vaults/6023)] | Milestone III: Integration |

@LuukDAO [[SEP 51](https://forum.safefoundation.org/t/draft-obra-develop-and-integrate-ecosystem-vaults/6023)] has successfully completed all their milestones including integrating and launching of vaults in Super Accounts. You can check out the vaults [here](https://account.superchain.eco/vaults).

Lagoon [[SEP 47](https://forum.safefoundation.org/t/draft-obra-lagoon-built-by-hopperlabs-defi-kit-enhancement/5924)] has paused their work on the DeFi-Kit due to external blockers surrounding its continued maintenance. You can find more details in their reporting sheet [here](https://www.notion.so/SEP47-Lagoon-Report-3-April-30-1e327c30adfb8031b155dfd582fed9a9?pvs=21). Lagoon and the Safe governance team are currently in the process of rescoping this initiative and further updates will be provided to the community once this has been finalized.

These updates, along with more details on the progress of OBRA initiatives for the past reporting period, will be reflected on our CES Reporting Summary page [here](https://www.notion.so/956ef248dca541c687c8815feb4dc1cc?pvs=21).

## CES Resources

⚪ For this month’s reporting: [May Reporting](https://www.notion.so/May-25-OBRA-Reporting-20d27c30adfb80b2a700cca92123d373?pvs=21)

⚪ For all CES Updates: [Notion](https://www.notion.so/250121dc67dd4574a39308199eccc328?pvs=21)