Grants Committee Weekly November 16th
Attendance
Date
Nov 16, 2021
Last Edited Time
Feb 18, 2022
Last edited by
Note-taker
Recording
Multi-select
we
Action Items from Previous Meeting:
Agenda:
Project Review:
- Bankless Consultancy
- Champion: RunTheJewelz
- Wallet: 0xbaa44b7707FaBD05D7676358a09a1ba420a62123
- Funding request: 675,000 BANK + 1 ETH
- Forum post: Bankless Consultancy - Proposals / Season 2 Proposals - Bankless DAO
Discussion:
- Season 3 budget preparations
- Guilds and projects to submit requests by December 15th
- Coordinape payout
Notes:
- Bankless Consultancy
- Champion: RunTheJewelz
- Wallet: 0xbaa44b7707FaBD05D7676358a09a1ba420a62123
- Funding request: 675,000 BANK + 1 ETH
- Forum post: Bankless Consultancy - Proposals / Season 2 Proposals - Bankless DAO
- VOTE:
- Approve: Kouros, AAJ, Grendel, Nonsense, Eagle
- Deny:
- Abstain: Icedcool
- PASSED!
- Discussion:
- Season 3 budget funding
- What should apply or not apply?
- Should Guilds be auto funded?
- Worth further discussion
- How should we manage project funding?
- Need to establish ways to measure teams and projects
- Measure team funding and track how they are producing
- We need to make sure to fund enough to diversify our treasury
- Bull into bear concerns
- We also need to make sure we don't deplete our reserves of BANK
- BANK buy back plans
- Also need to decentralize grants committee
- Al
- Should we continue to pay 1k BANK per hour?
- Should be revisited on a seasonal basis
Action Items:
Iced to create a draft for Grants Committee decision making framework
- At attempt at how to make decisions in a more
By the end of the season the Compensation working group will have something codified to work through.