[DAO:ee1ce8d] Refine Grant Categories and percentage of budget (Stage B)

Governance
1

by 0x858343382132b9ab46c857a7d52fdbafc039f784 (Zino)

Linked Pre-Proposal

Proposal to improve the DAO Grants Program

Summary

The Decentraland community is considering changes to the budget distribution within the Grants Program. The goal is to reallocate funds based on community feedback and the historical usage of categories.

Abstract

According to the Poll Proposal to improve the DAO Grants Program that passed, and the binding governance proposal which defined the current categories, we are moving forward with Stage B.

Motivation

We are presenting a draft proposal of budget distribution, that takes into account the community feedback to reduce the percentage of allocation of budget from less used categories along with the increase of budget in categories that were used the most.

To come to these percentages, we have analyzed the history of grants funded, which shows where the funds were allocated per Quarter, year, category, team/group requesting the fund, and which of those had concerns. We have also used as reference the amount of DAI allocated per category, taking the Q1- 2024 ($2,058,595) into account. We propose the following:

  • Platform: 50% ($1,029,297.50)
  • Core Unit: 15% ($308,789.25)
  • In-world building (ex in-world content): 15% ($308,789.25)
  • Community Experiences: 10% ($205,859.50)
  • Social Media: 4% ($82,343.80)
  • Sponsorship: 2% ($ 41,171.90)
  • Accelerator: 2% ($ 41,171.90)
  • Documentation: 2% ($ 41,171.90)

Specification

For more context, to propose this draft we considered the feedback gathered from the mentioned poll , the governance proposal that passed to create the category Community Experiences, the rejected draft regarding the budget distribution in which the community expressed the need for platform category to have the higher percentage of the budget, among the Revocations Committee recommendations.

Conclusion

Allocating fewer funds to categories less used, allows to allocate the budget based on the community needs, avoiding abolishing categories completely.
Category budget distribution helps maintain clarity about project requirements for the community of grantees to comply with the expected impact.

Vote on this proposal on the Decentraland DAO

View this proposal on Snapshot

2

What are the percentage allocations for the platform and core unit in 2023?

1 Like
3

Hi Landlord.
The percentage allocated for the categories was defined here and during the 2023 and Q1 2024 are the following:

Accelerator (7%): Q1 2024: $144,102
Core Unit (15%): Q1 2024: $308,789
Documentation (3%): Q1 2024: $61,758
In world Content (20%): Q1 2024 $411,719
Platform (40%): Q1 2024 $823,438
Social Media Content (5%): Q1 2024 $102,930
Sponsorship (10%): Q1 2024: $205,859

1 Like
4

Voting yes, this budget is starting to look a lot better than before!

Would still have liked to see an even larger % going to the platform, 5% cuts on the following three: core unit, in world and community experiences could give another 15% to the platform category. Once there is wide consensus that the platform is “ready” (mobile, vr, client, better performing browser, ability to handle large # of users without lag, more feature rich SDK for developers to build on, etc…) then we should start reducing the platform budget and increasing these other categories again.

5

The fairest and most precise way to allocate the available funds is that there are no categories, people would vote for the proposals according to their own criteria, making the proposals related to supposed categories (that would not exist) that have little interest would not be as financed like those that do offer better expectations.

Frankly, I don’t think it’s necessary to have categories.

6

Voting yes, I was in favor of the idea to stop most spending so we can focus on platform improvements therefore I would also support a higher allocation for this category.

1 Like
7

Core unit being the same amount as in-world content is bullshit, we don’t need 1.2M USD per year just to run the basics of the DAO.

6 Likes
8

I agree with @sango. beside that, If the price of MANA continues to rise, we could end up spending millions on the platform category, reaching a yearly budget of at least $6 millions which is not a bad thing, but I hope that some of these grants be under the supervision of the foundation @yemel to be aligned with their goals too. This way, the funds can contribute to their vision too as foundation. since It’s necessary that we actively apply all these grants in the platform, ensuring they don’t sit on the shelve.

9

Refine Grant Categories and percentage of budget (Stage B)

This proposal is now in status: PASSED.

Voting Results:

  • Yes 89% 6,128,734 VP (43 votes)
  • No 10% 698,828 VP (2 votes)
  • Abstain 1% 2,939 VP (2 votes)