Grants Committee Weekly Oct 11, 2022

Action Items

Lion can’t make Oct 25 meet
Ap0ll0 and next elections
- ap0ll0 has been absent for the last 2 weeks AND has not been attending meetings for most of the season
- what CAN we do about this?
  - he was elected by the DAO, but he is not doing what he is elected to do, so can the DAO elect a replacement?
  - this could be a DAO-wide rule too
  - the easiest path forward would be for him to communicate that he is stepping down, but if he is absent
- maybe we can have 2 polls:
  - regular grants committee elections (take 4 people)
  - should ap0ll0 be removed
    - if he is removed, we take the 5th person in the grants committee election
- what about his compensation?
  - this is at the discretion of the GC, we have the funds in our multisig
  - links suggests taking his meeting attendance and scale his base pay (i.e. 50% meeting attendance, 50% base pay)
- ACTION: links to talk to Seasonal check for next season - allow Grants Committee to dismiss people w/ 6/6 votes
ACTION: jamesmontgomery create an async poll to ratify that Grants Committee can dismiss a fellow member with 6/6 votes

(p8ul.eth to fill in)

Bank for the remaining of the season: 12,864,900 BANK (including GC role remunerations)
Average BANK per week left: 4,154,967 BANK
Grants Committee Funding tracking
- Link (rework almost finished)

Forum post: https://forum.bankless.community/t/banklessdao-x-consensys-onboarding-funding-request/4371

Speaker: @senad.eth

Ask: 100,000 BANK

ThinkDecade, lucas, and senad are contributing to partnership efforts w/ ConsenSys, to onboard their employees to BanklessDAO.

to do that, they need to incentivize talent coordinators and new joiners session to make this a smooth process