DAO Compensation Sustainability ⏳

[kyle]

@bhargavaparoksham

Do you think proposing & setting a dao wide spending limit per season until grants 2.0 is shipped or until we are out of bear market make sense?

This is something Workstream leads have asked for from the stewards. More specifically, “We want to know what the DAO budget is, and then we can determine how to spend those funds amongst us”

We are starting to explore a few options to help remove ambiguity here. Something like a sliding scale of compensation make-up (ie, what % is in stables and what % is in GTC) based on GTC price.

And then also taking a look at treasury sustainability, to ensure that we have (ideally) 10+ years of runway. This may not be possible with the current market, but we are planning to be a project and DAO that stands the test of time.

@connor

@lefterisjp

Gitcoin grants 1.0 has the optional (but by default set to 5%) fee that goes to Gitcoin holdings. How about switching that to being revenue for the DAO at some point? Or at the point gitcoin grants 2.0 comes along?

Just want to note the optional 5% fee goes directly back into the matching pool for future rounds, no revenue for Holdings or the DAO. This changed about a year or so ago, before that the option did go to funding the Gitcoin core dev team (pre-dao).

This was a change more than a year ago (nearly 2 years ago). We instead created a grant to fund the core development. It too has now been made inactive and we have no inflows to supplement development. This is something we have started to evaluate if we should change. Here is one idea for example.