by 0xd11a019a70986bd607cbc1c1f9ae221c78581f49 (Yemel#1f49)
Should the following Tier 5: up to $120,000 USD, 6 months vesting (1 month cliff) grant in the Platform Contributor category be approved?
Hire a team to maintain and improve the Governance dApp and develop new tools (the “DAO Governance Squad”). The main goal is to increase the execution power of the DAO.
Previous Proposal: (Hire a dApps team to help build the DAO)[Hire a dApps team to help build the DAO]
This DAO Governance Squad will be the main contributor of the Governance dApp and will contribute to the creation of new tools that support the operation of the DAO.
This grant will set up a budget to run this team for the next 6 months, which term may be extended for one or more similar time periods upon a further decision of the DAO.
The proposed DAO Governance Squad will be implemented as a sole-purpose, non for profit Foundation. This provides a flexible vehicle to manage a budget with autonomy while still giving authority to the DAO to steer its direction.
The DAO Governance Squad will be set up as a Panama sole-purpose, Non-for-Profit Foundation. Costs associated with this set up are included in the Grant.
The grant will be provided as a vesting contract of stablecoins assigned to a 2-out-of-3 signatures Multisig. Participants are Gino Cingolani, Yemel Jardi and Manuel Araoz in their respective capacity as Squad Lead, DAO Committee Member and Trusted Community Member.
The Grant is conditioned to the satisfaction and fulfillment of each and all of the following:
The DAO Governance Squad shall use the funds from the Grant solely for the purpose of developing and maintaining the Governance dApp and tools to support the operations of the DAO, as described in below, in accordance with the guidelines and roadmap detailed below (“Roadmap and Milestones”).
The DAO Governance Squad shall set up a Multisig Wallet (the “MultiSig”), for purposes of receiving the Grant, with the signatories indicated above.
Disbursements of the Grant shall be conditioned upon achieving the roadmap milestones and presented in the monthly reports within the timeframe set forth below.
The DAO Governance Squad will provide the DAO with the following information:
Within five (5) days of the beginning of each month, a Monthly Progress Report regarding the development of the Governance dApp and the achievement of Milestones will be presented to the DAO Committee and DAO Facilitator.
Within ten (10) days of the beginning of each month, Monthly Financial Report showing use of the proceeds of the Grant.
Within one hundred and twenty (120) days after the end of each fiscal year, a copy of the annual financial statements of the DAO Governance Squad in case there are more extensions of this Grant.
Representatives of the DAO Governance Squad shall meet with representatives of the Decentraland Foundation and/or DAO Committee, acting for the benefit and upon the implicit instruction of the DAO, to provide technical updates and answer legal and financial questions regarding the use of the Grant.
The Intellectual Property Rights over the Governance dApp shall be owned by the Decentraland Foundation, acting for the benefit of the LAND and MANA communities. In the event that in the future it is legally feasible for the DAO to hold the Intellectual Property Rights over the Governance dApp, theDAO Governance Squad or the Decentraland Foundation, as applicable, shall execute the relevant documents. For purposes hereof, “Intellectual Property Rights” means (whether or not registered in any jurisdiction) copyrights, trade secrets and patents, all other proprietary rights recognized under applicable law and all applications and registrations as well as the right to file all applications and registrations for, or relating to, all of the foregoing, in connection with the Governance dApp.
Upon failure to comply with any of the conditions of above by the DAO Governance Squead, the vesting contract will be revoked by the DAO, returning unvested funds.
The proposed team of the DAO Governance Squad is the following:
Semi-senior Front-end Developer - To be defined
Semi-senior Technical Copywriter - To be defined
Total Hours: ~360 monthly hours or ~80 weekly hours.`
Budget: 20.000 USD per month, including payroll and operational expenses.
As stated above, this will be structured as a non-profit foundation so the DAO Governance Squad will basically cover the cost of providing this service.
The positions for Semi-senior Front-end Developer and Semi-senior Technical Writer are still open and we are looking for candidates. If you are interested, write to me via Discord or forum DM.
Initially, the team will focus on the following 3 points:
- Engagement: Better ways to engage with the governance process.
- Transparency: Provide more information and accountability.
- Automation: Simplify recurrent tasks, reduce human operation.
These guidelines can be broken down into actionable steps like:
- Automate generation of reports.
- Ease and automate DAO Committee operations.
- Add a Treasury page showing stats of the current treasury.
- Add a Grants page showing all grants that have been or are being funded by the DAO.
- Add a Members page listing current teams and members.
- Load forum comments on the proposal to encourage discussion.
- Implement automatic status updates of proposals in the forum.
- Work on reports on technical viability about discussed proposals.
- Implement content moderation tools for the community, DAO Facilitator, and DAO Committee to help filter out offensive, poorly defined, or spammy proposals.
- Improve the proposal creation process by adding new proposal categories for common actions in the DAO.
- Advance the grant program to include larger grants with a more robust vetting and oversight process.
The team will follow agile development practices to ensure the fast implementation of DAO governance requirements and the continuous improvement of such features. The team will host open meetings with members of the DAO to gather feedback, answer questions and provide updates at least every 90 days.