๐Ÿ’ฐ

Grants Committee Weekly Mar 27, 2023

Attendance
Think Decade
Date
Mar 27, 2023
Last Edited Time
Apr 4, 2023
Last edited by
Note-taker
Recording
Multi-select
Action Items

By Status

โœ…
Grants Committee Tasks
Name
Created
Edited
Created by
Due
Status
Edited by
Assigned to
Agenda
#1 Mid Season Funding
ย 
#2 Snapshot Error for DAOlationships - how to mitigate?
John Church - In regards to DAOlationships - we have a correct forum approval. An incorrect snapshot was posted. Because it has been funded, the discrepancy amount could be sent from the GC multisig. *Alternative would be another snapshot vote.
ย 
Do you agree to fund 143,000 BANK to DAOlationships as per forum post?
Yes: Think Decade
Abstain
โœ…
This passes
ย 
#3 Project funding request: B Labs
ย 
Think Decade Is wondering about bLABS Commitment to BanklessDAO
acknowledges that it is important to think about commitment. This should be a priority. However he is a value aligned
ย 
is wondering what has changed.
bLabs have upped their offerings, donโ€™t need 100 partners, need a couple
Itโ€™s hard to quantify the value.
decreased rewards to contributors. low amount of rewards to directors
are you working with research guild?
maybe at some point
Could we see the interviews that you have done
this is confidential
ย 
ย 
Do you agree to fund bLabs for 522,000 BANK with the KPIโ€™s # of pitches, and # of grants received
yes:
No: Think Decade
Abstain:
ย 
@think Decade voiced his no vote was related to not seeing alignment. Suggests that the team go back and look at the proposal and reevaluate future alignments to the DAO. This could be something to stand on. Individual alignment is different than project alignment.
ย 
ย 
๐ŸšจFollow Up from last meeting:
ย 
ย 
Project
  • KPI
  • Please add!
BANK TRACKING
  • Is there an updated transaction worksheet?
  • Legal Guild sent 99,999 BANK
  • There is another tx of BANK in to GC multisig do we know who it came from?
ย 
ย 
Proposal #1: B labs
Link: https://forum.bankless.community/t/b-labs-s7-grants-request/5228
Speaker: @senad
Ask: 522,000 BANK
KPI #1: # of grants received
KPI #2: # of pitches performed
Poll: Do you agree to fund 522,000 BANK to B labs with the KPIs above?
Yes:
No: Think Decade
Abstain:
ย 
ย 
notion image
notion image
โ“Grants Committee add any discussion topics here
ย 
Question
ย 
Icedcool - In regards to DAOlationships - we have a correct forum approval. An incorrect snapshot was posted. Because it has been funded, the discrepancy amount could be sent from the GC multisig.
Alternatives another snapshot vote.
๐ŸšจCalls to action
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
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๐Ÿ’ฐ

Grants Committee Weekly Mar 27, 2023

Attendance
Think Decade
Date
Mar 27, 2023
Last Edited Time
Apr 4, 2023
Last edited by
Note-taker
Recording
Multi-select
Action Items

By Status

โœ…
Grants Committee Tasks
Name
Created
Edited
Created by
Due
Status
Edited by
Assigned to
Agenda
#1 Mid Season Funding
ย 
#2 Snapshot Error for DAOlationships - how to mitigate?
John Church - In regards to DAOlationships - we have a correct forum approval. An incorrect snapshot was posted. Because it has been funded, the discrepancy amount could be sent from the GC multisig. *Alternative would be another snapshot vote.
ย 
Do you agree to fund 143,000 BANK to DAOlationships as per forum post?
Yes: Think Decade
Abstain
โœ…
This passes
ย 
#3 Project funding request: B Labs
ย 
Think Decade Is wondering about bLABS Commitment to BanklessDAO
acknowledges that it is important to think about commitment. This should be a priority. However he is a value aligned
ย 
is wondering what has changed.
bLabs have upped their offerings, donโ€™t need 100 partners, need a couple
Itโ€™s hard to quantify the value.
decreased rewards to contributors. low amount of rewards to directors
are you working with research guild?
maybe at some point
Could we see the interviews that you have done
this is confidential
ย 
ย 
Do you agree to fund bLabs for 522,000 BANK with the KPIโ€™s # of pitches, and # of grants received
yes:
No: Think Decade
Abstain:
ย 
@think Decade voiced his no vote was related to not seeing alignment. Suggests that the team go back and look at the proposal and reevaluate future alignments to the DAO. This could be something to stand on. Individual alignment is different than project alignment.
ย 
ย 
๐ŸšจFollow Up from last meeting:
ย 
ย 
Project
  • KPI
  • Please add!
BANK TRACKING
  • Is there an updated transaction worksheet?
  • Legal Guild sent 99,999 BANK
  • There is another tx of BANK in to GC multisig do we know who it came from?
ย 
ย 
Proposal #1: B labs
Link: https://forum.bankless.community/t/b-labs-s7-grants-request/5228
Speaker: @senad
Ask: 522,000 BANK
KPI #1: # of grants received
KPI #2: # of pitches performed
Poll: Do you agree to fund 522,000 BANK to B labs with the KPIs above?
Yes:
No: Think Decade
Abstain:
ย 
ย 
notion image
notion image
โ“Grants Committee add any discussion topics here
ย 
Question
ย 
Icedcool - In regards to DAOlationships - we have a correct forum approval. An incorrect snapshot was posted. Because it has been funded, the discrepancy amount could be sent from the GC multisig.
Alternatives another snapshot vote.
๐ŸšจCalls to action
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย 
ย