💰

Grants Committee Weekly Aug 30, 2022

Attendance
jameswmontgomery, p8ul.eth, jengajojo.eth, rene, links
Date
Aug 30, 2022
Last Edited Time
Sep 9, 2022
Last edited by
Note-taker
links
Multi-select
 
Action Items
Accounting
(Ap0ll0517.eth to fill in)
  • Bank for the remaining of the season:
  • Average BANK per week left :
  • Grants Committee Funding tracking
Discussion
Discussion - S5 KPIs for Projects
KPI Process for Projects was started last season…here’s what each Grants Committee member has to do to keep it up this season:
  1. Check out which projects you’re responsible for on
    🏗️
    Project List
  1. For each project above…
    1. Check whether or not the multisig is recorded in the Project List
    2. Check whether or not their KPIs are filled in for S4 here:
      📐
      S4 Project KPI Measurements
    3. Check whether or not they have KPIs defined for S5:
      📐
      S5 Project KPI Measurements
  1. For the info that is missing for your projects, find or create a thread under #grants-committee for the project and tag the project champion to get the info we need
  1. Ensure all of the info is updated in the docs mentioned above (S4/S5 KPI Measures and Project List)
 
Current Active Projects missing Reviewers:
  • Bankless Loans (p8ul.eth)
  • bDAO Legal Entity Wrapper Research (links)
  • First Quests (0xRene)
 
Current projects that are missing S4 KPIs:
  • Bankless Brasil (Jenga jojo)
  • bDAO Legal Entity Wrapper Research (?)
  • Crypto Sapiens ( )
  • International Media Nodes (Montay Burks )
  • Website Project (@james Montgomery)
 
Some notes on S5 KPIs
  • can you try to make the KPIs on separate rows? counterexamples: infosec team and podcast hatchery have multiple KPIs on the same row
 
Discussion: Current Async Project Votes
ACTION: jengajojo to add the forum quorum requirement to procedure
🚡
Proposal Review workflow
 
What about projects who ask for things other than BANK (i.e. we need to convert to BANK), or KPIs not defined?
  • GM Bus and DomainDAO asked for USD/ETH and not BANK, so we need to agree upon a BANK amount
  • GM Bus Media campaign needed some KPI measures
 
ACTION: jengajojo to add some wording around when the grants reviewer opens the poll (i.e. some discretion for the above cases) AND for Project Champion escalation if needed
 
Can we make a polls thread to make it easier to keep up-to-date on active polls?
 
Discussion - Rug Funding Adjustment
VOTE: Do you agree to fund 800,000 BANK as stated in the previous proposal with the KPIs mentioned previously?
  • Yes: jameswmontgomery, p8ul.eth, jengajojo.eth, rene, links
  • No:
  • Abstain:
THIS MOTION PASSES
 
Discussion - Refine async voting “end”
Recommend: 1. If all members have cast a vote, the poll is concluded immediately 1a. If the poll is a tie, the poll remains open until time expires or a vote is changed to break the tie 2. If 7 days has passed, the poll is concluded
 
VOTE: do you agree to adopt the ending criteria for asynchronous voting procedure as described above
  • Yes: jameswmotgomery, p8ul.eth, jengajojo.eth, rene, links
  • No:
  • Abstain:
THIS MOTION PASSES
 
ACTION: james to migrate and amend the async voting procedure
Discussion - Grants Mandate/Purpose
ACTION: all grants committee members to think about our mandate and purpose, and bring it to the next meeting
Discussion - Gating Forum Proposals
Currently our Discourse forum is open to everyone - you don’t need to be a member to vote in forum proposals. You can create a new accounts and vote. It’s anonymous
  • this is just the technology limitation of Discourse
  • it’s possible to create gated Discord roles - but then forum proposals would need to make discord polls
    • also we would need to update the proposal template to give people guidance on how to do this
 
ACTION: links to create a proposal to move forum voting to Discord
 
Discussion - Auto-Guild Funding
  • potentially have projects list which guilds they take talent from
    • then guilds with more demand have more potential funding?
    • similar: we have guilds who have expert skills vs beginner skills, does the expert guild get more funding?
    • if we DO this, it could have a long-term effect and create have vs have-not guilds
 
💰

Grants Committee Weekly Aug 30, 2022

Attendance
jameswmontgomery, p8ul.eth, jengajojo.eth, rene, links
Date
Aug 30, 2022
Last Edited Time
Sep 9, 2022
Last edited by
Note-taker
links
Multi-select
 
Action Items
Accounting
(Ap0ll0517.eth to fill in)
  • Bank for the remaining of the season:
  • Average BANK per week left :
  • Grants Committee Funding tracking
Discussion
Discussion - S5 KPIs for Projects
KPI Process for Projects was started last season…here’s what each Grants Committee member has to do to keep it up this season:
  1. Check out which projects you’re responsible for on
    🏗️
    Project List
  1. For each project above…
    1. Check whether or not the multisig is recorded in the Project List
    2. Check whether or not their KPIs are filled in for S4 here:
      📐
      S4 Project KPI Measurements
    3. Check whether or not they have KPIs defined for S5:
      📐
      S5 Project KPI Measurements
  1. For the info that is missing for your projects, find or create a thread under #grants-committee for the project and tag the project champion to get the info we need
  1. Ensure all of the info is updated in the docs mentioned above (S4/S5 KPI Measures and Project List)
 
Current Active Projects missing Reviewers:
  • Bankless Loans (p8ul.eth)
  • bDAO Legal Entity Wrapper Research (links)
  • First Quests (0xRene)
 
Current projects that are missing S4 KPIs:
  • Bankless Brasil (Jenga jojo)
  • bDAO Legal Entity Wrapper Research (?)
  • Crypto Sapiens ( )
  • International Media Nodes (Montay Burks )
  • Website Project (@james Montgomery)
 
Some notes on S5 KPIs
  • can you try to make the KPIs on separate rows? counterexamples: infosec team and podcast hatchery have multiple KPIs on the same row
 
Discussion: Current Async Project Votes
ACTION: jengajojo to add the forum quorum requirement to procedure
🚡
Proposal Review workflow
 
What about projects who ask for things other than BANK (i.e. we need to convert to BANK), or KPIs not defined?
  • GM Bus and DomainDAO asked for USD/ETH and not BANK, so we need to agree upon a BANK amount
  • GM Bus Media campaign needed some KPI measures
 
ACTION: jengajojo to add some wording around when the grants reviewer opens the poll (i.e. some discretion for the above cases) AND for Project Champion escalation if needed
 
Can we make a polls thread to make it easier to keep up-to-date on active polls?
 
Discussion - Rug Funding Adjustment
VOTE: Do you agree to fund 800,000 BANK as stated in the previous proposal with the KPIs mentioned previously?
  • Yes: jameswmontgomery, p8ul.eth, jengajojo.eth, rene, links
  • No:
  • Abstain:
THIS MOTION PASSES
 
Discussion - Refine async voting “end”
Recommend: 1. If all members have cast a vote, the poll is concluded immediately 1a. If the poll is a tie, the poll remains open until time expires or a vote is changed to break the tie 2. If 7 days has passed, the poll is concluded
 
VOTE: do you agree to adopt the ending criteria for asynchronous voting procedure as described above
  • Yes: jameswmotgomery, p8ul.eth, jengajojo.eth, rene, links
  • No:
  • Abstain:
THIS MOTION PASSES
 
ACTION: james to migrate and amend the async voting procedure
Discussion - Grants Mandate/Purpose
ACTION: all grants committee members to think about our mandate and purpose, and bring it to the next meeting
Discussion - Gating Forum Proposals
Currently our Discourse forum is open to everyone - you don’t need to be a member to vote in forum proposals. You can create a new accounts and vote. It’s anonymous
  • this is just the technology limitation of Discourse
  • it’s possible to create gated Discord roles - but then forum proposals would need to make discord polls
    • also we would need to update the proposal template to give people guidance on how to do this
 
ACTION: links to create a proposal to move forum voting to Discord
 
Discussion - Auto-Guild Funding
  • potentially have projects list which guilds they take talent from
    • then guilds with more demand have more potential funding?
    • similar: we have guilds who have expert skills vs beginner skills, does the expert guild get more funding?
    • if we DO this, it could have a long-term effect and create have vs have-not guilds