Hi! Thanks a bunch for writing this up.
I have a few small detailed questions.
I’ve paraphrased each section I have questions about with the Qs below each section.
Grants program (<$250k)
- “a group of trusted community members come together to form a grants program”
- “which then receives funding from the treasury via a vote by tokenholders”
- “These funds are held in a multisig controlled by [those] trusted community members.”
Qs:
- How might this group of trusted community members be chosen?
- How often would tokenholder votes for funding be made and are they separate from community proposals? I think any sort of explicit examples might help to explain this a bit (e.g. “Funding is directly tied to community proposals. Once a community proposal is passed via tokenholder voting, the grant program members will allocate funds as they see fit.” OR “Funding is not directly tied to community proposals. Once a community proposal is approved in a tokenholder vote, it will go through an additional round of tokenholder voting to approve or disapprove the funding being asked for.”)
Tokenholder vote ($250k+ or continuous)
- Requests for a large amount of funds ($250k+) are best done through a tokenholder vote.
Qs:
- How would the tokenholder vote related to large funding amounts any different from a tokenholder vote for a proposal? Would the project’s proposal and funding be directly or indirectly tied to each other (Related to my questions above)
For reference, here is an example of a past proposal:
- Community discussion: [Formal Review 🌿] Distribute 151614.2475 of the LBP unsold tokens to the LBP holders in proportion to their contribution
- Tokenholder voting outcomes: Snapshot