This is a proposal for the distribution of Tranche 1 of the [Ecosystem Grant Budget](https://github.com/moonbeam-foundation/grants/blob/f22fb05ecf04ae422b519afcc507a306b528c027/revised/revised_grant_program.md)

As indicated by [Referendum 87: Revised Grant Program](https://moonbeam.polkassembly.network/referendum/87), The Moonbeam community voted via a [Snapshot Vote](https://snapshot.org/#/moonbeam-foundation.eth/proposal/0x95accf9314fea45eed23344fdd03790101156078a8852a6e29e5bfa2f15bd843) to allocate the 4.5M GLMR of Tranche 1 of the Ecosystem Grant Budget. After the Moonbeam Committee made [adjustments](https://forum.moonbeam.foundation/t/results-of-the-ecosystem-grants-snapshot-vote/700) in accordance with the guideliness of Revised Grant Program; the following distribution is being proposed:

- [BeamSwap](https://forum.moonbeam.foundation/t/beamswap-ecosystem-grant-draft-proposal/558/32) to be awarded 657,900 GLMR
- [DAM Finance](https://forum.moonbeam.foundation/t/dam-finance-ecosystem-grant-draft-proposal/560/10) to be awarded 728,550 GLMR
- [Prime Protocol](https://forum.moonbeam.foundation/t/prime-protocol-ecosystem-grant-draft-proposal/535/15) to be awarded 1,367,100 GLMR
- [Stellaswap ](https://forum.moonbeam.foundation/t/prime-protocol-ecosystem-grant-draft-proposal/535/15)to be awarded 1,677,150 GLMR
- 69,300 GLMR to be added to the Community Grants Budget


- Referendum 87: Revised Grant Program is for distribution of 4.5m GLMR of Tranche 1 of the Ecosystem Grant Budget
- Proposal to award 657,900 GLMR to BeamSwap
- Proposal to award 728,550 GLMR to DAM Finance
- Proposal to award 1,367,100 GLMR to Prime Protocol
- Proposal to award 1,677,150 GLMR to Stellaswap 
- Proposal to add 69,300 GLMR to Community Grants Budget

#91 Ecosystem Tranche 1 Grant Proposal