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Update lastic-grant3.md - update to payment in Fiat #2321

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merged 2 commits into from
May 29, 2024

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poppyseedDev
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PR Description: Aligning Payment Methods in Grant Agreement and Invoice

Context:

The Lastic grant invoice lists a bank account and Euro, while the grant agreement specifies a DOT address and USDT.

Resolution:

We have amended the grant agreement to use fiat currency (EUR, CHF, USD) for consistency.

Legal Entity Changes:

The legal entity's address has been updated. For confidentiality, the specific details will remain private.

@github-actions github-actions bot added the admin-review This application requires a review from an admin. label May 28, 2024
@keeganquigley keeganquigley added amendment This PR proposes changes to an existing application. and removed admin-review This application requires a review from an admin. labels May 28, 2024
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Changing the costs from 30k USD to 30k EUR would turn this into a Level 3 grant. Is that what you intended, @poppyseedDev? If you want to indicate that you want to be paid in EUR, line 4 would suffice. We would then convert the milestone cost from USD to EUR at the time of payment.

@semuelle semuelle self-assigned this May 29, 2024
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poppyseedDev commented May 29, 2024

I see, sorry for misunderstanding. Should I enter the amount as €27,684.00? Or leave the amount as 30k USD and change the payment into EUR on line 4?

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Should I enter the amount as €27,684.00? Or leave the amount as 30k USD and change the payment into EUR on line 4?

You can leave it as 30k USD. Just indicate EUR in line 4. Thanks.

@github-actions github-actions bot added the admin-review This application requires a review from an admin. label May 29, 2024
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Should I enter the amount as €27,684.00? Or leave the amount as 30k USD and change the payment into EUR on line 4?

You can leave it as 30k USD. Just indicate EUR in line 4. Thanks.

@semuelle should be fixed now :)

@semuelle semuelle added ready for review The project is ready to be reviewed by the committee members. and removed admin-review This application requires a review from an admin. labels May 29, 2024
@takahser takahser merged commit a7effc6 into w3f:master May 29, 2024
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4 participants