Governance Working Group Call #2 Notes
A full recording can be found here.
Grants Programs
- Derek and Abbey presented the Radicle Grants Program temp check and feedback.
- The Grants program should fund things that grow Radicle’s core product + ecosystem.
- The program’s goal is to get the largest open source projects (e.g. Linux, Apache) on Radicle, including every DAO.
- Examples of funding opportunities:
- Detailed onboarding/migration developer documents.
- Video tutorials.
- Devops tooling.
- How do we structure grants priorities?
- The Grants team should work closely with the core team to create a living list of high leverage objectives and RFPs/challenges.
- Grants and bounties have overlap, but can be distinct concepts. Grants focus more on bigger scope, long term things whereas bounties are for very specific targeted tasks.
- Bordhumb expressed interest in creating a list of open RFPs/challenges.
- How do we use Radicle’s core infra for running the Radicle Grants Program?
- One idea is a version controlled repository of RFPs and funding requests that anyone can submit to and prioritize.
- Radicle Funding Protocols can also be used to communicate bounties, grants, etc.
- To-Do: Form a committee with a full-time lead.
Growth
- How do we incentivize and steward growth of Radicle ecosystem?
- Nassar presented on growth ideas for Radicle.
- The focus should be on activating Radicle usage to leverage growth; onboarding new users is the priority.
- The current blockers to using Radicle are gas costs and onboarding (education)
- Current gas cost for starting a Radicle Org is $300+, so a subsidy fund to refund gas fees is a good idea. This makes it easier to startup + maintain Orgs.New users and contributors should be rewarded for learning about Radicle Orgs and developing processes on it.
- Make it easier for people to mirror repositories on Radicle, could go hand in hand with grants-funded onboarding documents and guides.
- Should Growth be its own workstream or part of Grants?
- To-Do: Nassar and Abbey to work on a temp check for an Radicle Growth Initiative Program.
Treasury
- Derek gave an update on the treasury framework temp check + feedback.
- No major need to diversify or manage asset allocation at this point, given Radicle’s healthy USDC + RAD balance. This is an ongoing discussion, and should be revisited should circumstances change.