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💡 In order to achieve a decent payment process, the finance guild re-designed this process. The aim of re-designing is providing more clarity and transparency for the several stakeholders (Aragon Community, ESD, Finance Squad, and Guilds with approved funding).
The new payment process for contributors will flow as follows:
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| Who? |
Guilds with approved funding |
| What? |
Fill out the standardized report and share it on the forum, within a fixed time period |
| When? |
Before the first day of the next month (e.g. April’s report before the 1st of May) |
| Why? |
Community is able to assess the KPI’s and deliverables in time |
Step 2 - Compile and prepare transactions by Finance Squad
| Who? |
Financial Squad |
| What? |
Schedule core contributor payments based on the approved guild proposals |
| When? |
On the last Thursday of every month |
| Why? |
To have a streamlined and transparent overview on the reward payments |
Step 3 - Pay out contributors on a fixed day
| Who? |
3 out of 5 signers of each guild’s MultiSig wallet |
| What? |
Approve scheduled transaction |
| When? |
On the last Thursday of every month |
| Why? |
Approval is required to release the fund from the Guilds MultiSig |