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# System prepended metadata

title: 'MIP55c3-SP7: Special Purpose Fund for The Ambassador Program'
tags: [Summaries]

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tags: Summaries
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# MIP55c3-SP7: Special Purpose Fund for The Ambassador Program

- This is an application for a Special Purpose Fund as detailed in [MIP55](https://mips.makerdao.com/mips/details/MIP55).
- It requests a transfer of 81,000 DAI which will be used to fund the ongoing work of the Ambassador Program.
- A 6-month budget breakdown is provided.
- GovAlpha is satisfied these specific and temporary objectives meet the requirement to qualify for an SPF. While this is the second funding request for the program it is limited to 6 months in length and subject to approval by MKR holders.
- To proceed to an on-chain vote, the applicant will need to identify a minimum of two comptrollers as defined in MIP55.
- Because this request is for more than 50,000 DAI, the proposal will enter the monthly governance cycle.

