Treasury Guild

Drafted by: Kouros (based on the proposal made by jameswmontgomery.eth, Icedcool and nonsense for the Devs Guild)

Summary

As we enter Season 1, the Treasury Guild (herein “Guild”) Committee will be given BANK tokens for the purposes of funding Guild projects and activities. As such, we need a methodology for distributing these tokens. We recommend that a Program Proposal framework exist to support requesting funds from the Guild Committee.

Background

There are a wide variety of methods & purposes for distributing funds. Some examples include:

• Funding bounties
• Paying contributors
  • Coordinape
  • SourceCred
  • Salary
• Paying other guilds
• Sponsoring DAO memberships
• Paying Guild Expenses (ex: paying for memberships or software)

Rather than pursue an Omnibus style budget that includes all uses of the Guild Treasury in one single bill, we propose that individual programs gather consensus and submit proposals to the Guild Treasury Committee for consideration & funding.

Specification

Definitions

Guild Treasury - The 3-of-5 multi-sig wallet & funds custodied by the Guild Committee

Guild Committee - The elected members that sign transactions for the Guild Treasury.

Proposal Champion - The single point of contact for a program that is responsible for the proposal process and is accountable for revisions.

Proposal - An in process request for funding.

Program - A funded proposal.

Proposal Creation & Requirements