<aside> ⚠️ This page is reference in the BanklessDAO Constitution and must not be deleted.


The Grants Committee is governed by the BanklessDAO Constitution.

**From the latest spec: “**The Committee has a quorum with five members, but is otherwise responsible for their own operations. The Committee cannot change the application process to be a Committee member without a snapshot vote...”

BANK request Forum Quorum Forum Vote Forum Timeline
<50K 16 >71% min. 1 week
50K - 250K 20 >71% min. 1 week
250K - 500K 25 >71% min. 1 week
500K - 1M 32 >71% min. 1 week
>1M 40 >71% min. 2 weeks

Historical Forum Quorum Requirements

These procedures were voted upon here: Committee Weekly May 31, 2022