1. Summary

The Legal Guild is currently in Season 6, please find the current funding proposal here: https://forum.bankless.community/t/legal-guild-season-6-budget-proposal/4498

1. Background

Cross-guild-collaboration projects will receive funding from the Grants Committee to incentivize participants from all across the DAO to contribute to projects; whereas guilds will receive funds to create thriving guild operations.  This proposal will focus on the use of just guild funds and consider what it takes for thriving guild operations (not how we compensate guild members for contributions to DAO-wide projects).

Additionally, there is the need to set up a decision-making process for the guild in order to make decisions on how to allocate those funds. The intention is to have the guild collaboratively direct the legal guild multi-sig in order to execute ‘the will of the guild’.

It is therefore necessary to

• assure equal access to participants in the guild treasury governance
• define genesis guild roles and funds that will be allocated to them for season 1 (i.e. salaries for standing ‘jobs’ to maintain healthy guild coordination)
• provide guidelines for creating proposals and making good decisions as a guild

1. Proposals for funding

2. Ideation

Share an idea in #general-legal or during a weekly call to get some quick feedback

2. Proposal Draft

Present a proposal with a request for funding and discuss the proposal during the weekly call or on #general-legal. For funding requests for more than $5000 the use of the proposal template is required.

Solicit and receive feedback for 3 days and revise the proposal appropriately prior to finalizing the proposal for voting.

3. Approval/Voting

The Guild has to approve the proposal (per vote during a weekly call or through a poll on the discord channel). If a vote occurs during the weekly call, memorialized on the discord channel

4. Recording