# \[DAO:563942a\] Holistic Improvement of Decentraland DAO Finances

**URL:** <https://forum.decentraland.org/t/dao-563942a-holistic-improvement-of-decentraland-dao-finances/22048>\
**Category:** Governance\
**Created:** [March 1, 2024, 5:03pm UTC](https://forum.decentraland.org/t/dao-563942a-holistic-improvement-of-decentraland-dao-finances/22048 "2024-03-01T17:03:24Z")\
**Posts on this page:** 1\
**Showing post:** 12

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**Author:** ![r3gen](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.decentraland.org/r3gen/32/27157_2.png) [@r3gen](https://forum.decentraland.org/u/r3gen)\
**Post date:** [March 5, 2024, 7:58pm UTC](https://forum.decentraland.org/t/dao-563942a-holistic-improvement-of-decentraland-dao-finances/22048/12 "2024-03-05T19:58:18Z")

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## 1. Bidding & Tender process

> [@External Image](https://avatars.discourse-cdn.com/v4/letter/o/6de8d8/48.png):
>
> Where is the bidding and tendering documentation? How does this work? Who is best person to visit in-world about this process?

> [@Huepow](#):
>
> I would like to remind that the platform at the moment supporting only grants for “Technical Capabilities” by the end of 2024

> [@External Image](https://avatars.discourse-cdn.com/v4/letter/b/7993a0/48.png):
>
> Guess we will have to debate if “freeze all grants” should include Bid & Tendering since it is part of the Grants program

More details on the Bidding and Tendering process can be found [here](https://forum.decentraland.org/t/dao-4202cbf-resubmission-bidding-and-tendering-flow/18092). It is worth highlighting the text below indicates the Bidding and Tendering process stands as separate from the grants program and different from the grants program in a number of structural ways.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/decentraland/original/3X/c/8/c876c94f09e902449c19b82966b4c1b5afe7b939.png)

## 2. Need for financial services

> [@External Image](https://avatars.discourse-cdn.com/v4/letter/b/7993a0/48.png):
>
> Seems like a miss use of the Bidding and Tendering for a project to put forth the idea then intend on submitting for

Decentraland DAO has already expressed a strong desire through governance for Financial Reporting. This proposal should allow that need to be met and which we believe will help support the sustainability and success of Decentraland DAO.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/decentraland/original/3X/a/c/ace138455b53006f9ce6adbae464ee13bef72ea4.png)

## 3. Value for money

> [@Huepow](#):
>
> Voting **NO**
> 
> And would like to add that requested budget is for building a rocket!

This proposal would represent only a small fraction of total spend at Decentraland - yet upon implementation will offer the DAO the largest and most stable revenue stream to fund ongoing operations.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/decentraland/original/3X/2/7/2799216104c4b9be6005d28a1766b9af97a98c01.png)

We believe the Decentraland Community finds itself at a crucial juncture. While the DAO has grown significantly and continues to flourish, several formidable challenges have raised concerns within the community. These include:

- Monthly expenses surpassing income
- Lack of diversity and strength of DAOs income streams
- Lack of robust financial reporting, planning and long term budgeting
- Challenges around the efficacy of the grants program and spending.
- Sell pressure on MANA and significant DAO dependance on the token.

Together, the following challenges create a significant risk to the long-term sustainability of Decentraland DAO. Without an immediate course change, continuing down the current road could jeopardise the financial future of the DAO. We believe by addressing these challenges now, the DAO can secure its financial future and enhance its long term impact, prosperity, and success.

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_[View the full topic](https://forum.decentraland.org/t/dao-563942a-holistic-improvement-of-decentraland-dao-finances/22048)._