🧠

Grants Committee Strategy Oct 17, 2022

Attendance
links, jameswmontgomery.eth, jengajojo, p8ul.eth
Date
Oct 17, 2022
Last Edited Time
Oct 21, 2022
Last edited by
Note-taker
Recording
Multi-select
Agenda
  1. Seasonal funding strategy
    1. Incubator proposal
    1. Grants committee mandate/purpose
       
      • Seasonal funding strategy
        • 2 new entities: departments and guilds (member calculations)
        • links: ways of member calculations should be reviewed by the GC
          • giving guidance for guilds on which goals to work on
        • Lion: law guild is mostly consistent of members
        • paul: Translators guild’s active members are translators and people that significantly contributed to projects
        • acitive member calculation either
          • #1 total number of active members of most recent season
          • #2 average of the previous two seasons
       
      let’s agree to some principles that we can use when reviewing proposals!
       
      principles of active members - these are ONLY guidelines, we should be pretty loose for guilds this season since it’s a new process
      1. review the previous 2 season’s budget compared to this season, and see if there is a massive discrepancy (i.e. >20%)
      1. principle of recency - your active contributors should count only people who have contributed in the last 3 months
        1. maybe an average (not sum!) for the last 2 season is ok
       
      Should guild coordinators be discussing what active membership means?
      • can we create a channel for cross-guild discussion about this?
       
      principles of department budgets - i.e. what is a detailed accounting? what is required
      • what is the bare minimum information required for the detailed accounting for the previous season?
        • a list of multisig transacations
        • with amounts (in and out)
        • receipients/senders
        • reason for transaction
      • the treasury department is creating an accounting template for use across the DAO
        • they are dogfooding this within the treasury guild right now
        • could probably create a loom to help departments with this
       
      ACTION: links to ask Ops Guild for the list of projects who requested funding for S6
      🧠

      Grants Committee Strategy Oct 17, 2022

      Attendance
      links, jameswmontgomery.eth, jengajojo, p8ul.eth
      Date
      Oct 17, 2022
      Last Edited Time
      Oct 21, 2022
      Last edited by
      Note-taker
      Recording
      Multi-select
      Agenda
      1. Seasonal funding strategy
        1. Incubator proposal
        1. Grants committee mandate/purpose
           
          • Seasonal funding strategy
            • 2 new entities: departments and guilds (member calculations)
            • links: ways of member calculations should be reviewed by the GC
              • giving guidance for guilds on which goals to work on
            • Lion: law guild is mostly consistent of members
            • paul: Translators guild’s active members are translators and people that significantly contributed to projects
            • acitive member calculation either
              • #1 total number of active members of most recent season
              • #2 average of the previous two seasons
           
          let’s agree to some principles that we can use when reviewing proposals!
           
          principles of active members - these are ONLY guidelines, we should be pretty loose for guilds this season since it’s a new process
          1. review the previous 2 season’s budget compared to this season, and see if there is a massive discrepancy (i.e. >20%)
          1. principle of recency - your active contributors should count only people who have contributed in the last 3 months
            1. maybe an average (not sum!) for the last 2 season is ok
           
          Should guild coordinators be discussing what active membership means?
          • can we create a channel for cross-guild discussion about this?
           
          principles of department budgets - i.e. what is a detailed accounting? what is required
          • what is the bare minimum information required for the detailed accounting for the previous season?
            • a list of multisig transacations
            • with amounts (in and out)
            • receipients/senders
            • reason for transaction
          • the treasury department is creating an accounting template for use across the DAO
            • they are dogfooding this within the treasury guild right now
            • could probably create a loom to help departments with this
           
          ACTION: links to ask Ops Guild for the list of projects who requested funding for S6