💰

Grants Committee Weekly Jul 19, 2022

Attendance

Icedcool, links, rene, kouros, chuck, lion917

Date

Jul 19, 2022

Last Edited Time

Jul 19, 2022

Last edited by

Note-taker

Recording

Multi-select

Action Items

Board

✅

Grants Committee S4 Tasks

No Select

Next Up

This Week

To Review

Complete

Specify the Grants Committee mandate/purpose

Need a method of following up with KPIs - For both Season funded, and funded through the season.

Archive S4 docs, create S5 docs

Digest results from Retro

Documentation around the 2-tranche seasonal funding process

update new project submission form to include KPIs

draft seasonal funding snapshot

Create a process to record the grants committee sessions

disburse bDAO Global ETH events second tranche funding

figure out seasonal quorum adjustment

Reconcile main vs GC multisig discrepencies

vacation/attendance policy

Make announcement for project champions to submit June 2022 KPIs

Grants Committee compensation change proposal for Season 5

ensure all project champions have edit writes to the KPI measurement doc

Create view of seasonal funding disbursements

Disburse Bankless DAO x Regens Unite

Disburse BanklessDAO x Taptive Partnership

Disburse bDAO media partnerships with global ETH events

Disburse DEGEN funding

Disburse DEGEN infrastructure spending

disburse Bankless Brasil funding

disburse DAOlationships seasonal funding discrepancy

disburse Bankless Legal Wrapper research funding

disburse Crypto for Creatives funding

Project KPI Submission form

async voting doc

KPI Acceptance Flow

S4 project submission form

Voting Procedures Documentation

Async KPI Reporting Flow

Weekly disbursement of second tranche project funding

Disburse DAO Contributors Sentiment Tracker

next season planning process incl GC elections

disburse Supplemental S4 Funding for Making Bank Podcast

Grants Committee retrospective - July 26

disburse sentiment tracker funds

Team Perspective

Retrospective rescheduled to next week July 26

Links and Kuoros absent

Accounting

waiting for processing of transaction to compensate: 
Reconcile main vs GC multisig discrepencies
 

Bank for the remaining of the season: 6,382,609.317

Average BANK per week left : 3,191,304.6585

Grants Committee Funding tracking

Link

Discussion

Process: How do we organize the S5 funding proposal review process?

What is the official timeline?

This is it https://docs.google.com/spreadsheets/d/12b77wU8VtWcMlmLL86-fKaceY_f_QmlZr_6dwabuTfU/edit#gid=0

Expectation based on the past Season process

Excel sheet was prepared from Ops team. This guided us through the review process.

Last Season we used this https://docs.google.com/spreadsheets/d/1wmrZW30nB8ndd3TzNJW3TB5nZ0VgQ83rsyzKbnbjNbo/edit#gid=0

Guilds were auto-funded, we want to do this again

projects were reviewed by everyone

this time we should split the projects among the GC members

the reviewer can highlight if they want to discuss a project

ACTION ITEM: GC members to allocate themselves to the projects and work with the respective projects until the 26th July to have a finalized budget. Critical project budgets to be discussed in the GC weekly 26th. 

ACTION ITEM: We need to figure out the accounting process for the coming Season

Discussion: Why are projects not asking for funding?

James: this is an expression of the bear market. It kind of makes sense. It may be good to have a system to highlight problem areas that people could create a project for.

Iced: maybe we do not have the responsibility to encourage projects to come to us. We seem to be a rather friendly GC.

lion: We are doing a fairly good job - maybe it really a bear market

Process: Transition process for new S5 GC team

What are the next steps to onboard new members?

When are existing members ending their duties?

ACTION ITEM: lets invite the new members to the DM channel and figure it out with them there. 

💰

Grants Committee Weekly Jul 19, 2022

Attendance

Icedcool, links, rene, kouros, chuck, lion917

Date

Jul 19, 2022

Last Edited Time

Jul 19, 2022

Last edited by

Note-taker

Recording

Multi-select

Action Items

Board

✅

Grants Committee S4 Tasks

No Select

Next Up

This Week

To Review

Complete

Specify the Grants Committee mandate/purpose

Need a method of following up with KPIs - For both Season funded, and funded through the season.

Archive S4 docs, create S5 docs

Digest results from Retro

Documentation around the 2-tranche seasonal funding process

update new project submission form to include KPIs

draft seasonal funding snapshot

Create a process to record the grants committee sessions

disburse bDAO Global ETH events second tranche funding

figure out seasonal quorum adjustment

Reconcile main vs GC multisig discrepencies

vacation/attendance policy

Make announcement for project champions to submit June 2022 KPIs

Grants Committee compensation change proposal for Season 5

ensure all project champions have edit writes to the KPI measurement doc

Create view of seasonal funding disbursements

Disburse Bankless DAO x Regens Unite

Disburse BanklessDAO x Taptive Partnership

Disburse bDAO media partnerships with global ETH events

Disburse DEGEN funding

Disburse DEGEN infrastructure spending

disburse Bankless Brasil funding

disburse DAOlationships seasonal funding discrepancy

disburse Bankless Legal Wrapper research funding

disburse Crypto for Creatives funding

Project KPI Submission form

async voting doc

KPI Acceptance Flow

S4 project submission form

Voting Procedures Documentation

Async KPI Reporting Flow

Weekly disbursement of second tranche project funding

Disburse DAO Contributors Sentiment Tracker

next season planning process incl GC elections

disburse Supplemental S4 Funding for Making Bank Podcast

Grants Committee retrospective - July 26

disburse sentiment tracker funds

Team Perspective

Retrospective rescheduled to next week July 26

Links and Kuoros absent

Accounting

waiting for processing of transaction to compensate: 
Reconcile main vs GC multisig discrepencies
 

Bank for the remaining of the season: 6,382,609.317

Average BANK per week left : 3,191,304.6585

Grants Committee Funding tracking

Link

Discussion

Process: How do we organize the S5 funding proposal review process?

What is the official timeline?

This is it https://docs.google.com/spreadsheets/d/12b77wU8VtWcMlmLL86-fKaceY_f_QmlZr_6dwabuTfU/edit#gid=0

Expectation based on the past Season process

Excel sheet was prepared from Ops team. This guided us through the review process.

Last Season we used this https://docs.google.com/spreadsheets/d/1wmrZW30nB8ndd3TzNJW3TB5nZ0VgQ83rsyzKbnbjNbo/edit#gid=0

Guilds were auto-funded, we want to do this again

projects were reviewed by everyone

this time we should split the projects among the GC members

the reviewer can highlight if they want to discuss a project

ACTION ITEM: GC members to allocate themselves to the projects and work with the respective projects until the 26th July to have a finalized budget. Critical project budgets to be discussed in the GC weekly 26th. 

ACTION ITEM: We need to figure out the accounting process for the coming Season

Discussion: Why are projects not asking for funding?

James: this is an expression of the bear market. It kind of makes sense. It may be good to have a system to highlight problem areas that people could create a project for.

Iced: maybe we do not have the responsibility to encourage projects to come to us. We seem to be a rather friendly GC.

lion: We are doing a fairly good job - maybe it really a bear market

Process: Transition process for new S5 GC team

What are the next steps to onboard new members?

When are existing members ending their duties?

ACTION ITEM: lets invite the new members to the DM channel and figure it out with them there. 