<aside> ✅ Agenda & Notes Template Setup (delete when completed)

This checklist should be completed by the host(s) and scribe(s) of the meeting

• Tasks </aside>

<aside> ✍️ Summary We are holding a DAO Chat this Friday in the time slot of our normal Town Hall! As Season 0 is coming to a close, we want to discuss two important items. First - DAO Structure. There has been great feedback in the "season-zero-questions" threads. This call will let us synchronously discuss these items. Second - Rewarding Contributions. We have two DRAFT proposals on our Forum. They are similar and both seek to ensure that we begin Season 1 with a better plan to recognize contributions up front! Since we held a Town Hall last week, we will resume next week.

</aside>

🎙️ Recording

975275898.m4a

Agenda

• Reviewing the existing rewards proposals

  • [DRAFT] Rewarding Contributions in $CODE (@Will Kempster)

    • Priorities
      • Important that we get $CODE flowing to contributors
      • Simple system for calculating budgets
      • Flexibility for experimentation on the DAO Org Structure and Rewards mechanisms at Guild and Project level
      • Need a framework that’s good enough and works rather than one that’s perfect
    • Details
      • Flat hourly rate of $CODE rewards across roles
      • Guilds + projects define their own roles
        • Contributors provide their own estimate of hours contributed per week
        • Used to extrapolate funding for the Season
      • Projects that drive revenue will suggest a % split of revenue between contributors and the DAO Treasury
      • Guilds and Projects can apply for further funding mid-season when needed via Budget Application Process
    • Drawbacks
      • Valuing all work across the DAO equally in terms of reward
      • Based on trust
      • Difficult to estimate contribution hours
      • Rewards in $CODE doesn’t help pay people’s bills
      • Calculations can’t be perfect and there’s a reasonable chance we go over budget for Season 1

  • [DRAFT] Rewarding Contribution in $CODE (Alternative) ( Erik_Knobl)

    • Guilds and Projects are not working together, lacking synergy
    • Integrate Guilds and Projects together in Org structure
    • Projects decide which Guild they belong in, which is how they receive funds
    • How it works
      • Ops team decides how much total $CODE is budgeted
      • Budget is split evenly between guilds
      • Guilds decide how to divide their treasure between projects
      • Each project decides how to split their reward among contributors
    • Outcome
      • Decentralized process allowing guilds and projects determine how to distribute their budgets
      • Generates synergy between guilds and projects

  • Proposals

    • https://forum.developerdao.com/t/draft-rewarding-contributions-in-code/1792
    • https://forum.developerdao.com/t/draft-rewarding-contribution-in-code-alternative/1793/2

  • Questions

    • Do projects live outside of guilds
      • Long conversation
      • Many examples of projects being successful living outside of a guild
      • Consensus: YES
    • Are project budgets scoped into guilds?
      • How are we going to calculate how much $CODE goes into guilds?
      • Should guild leaders decide on budgets for projects?

  • Scenarios / Other examples

    • Example: web3con, pixel avatars
      • Spun out of guilds
      • Had contributions from people in every guild
      • Became successful
    • Gitcoin runs grant rounds on a quarterly basis
      • Gitcoin doesn’t make their internal projects apply for grants. It’s part of a stricter internal governance structure.
      • Projects should apply to gitcoin grant round

  • Other notes:

    • Stablecoins as part of rewards to reduce volatility in $CODE
    • $CODE should be for governance
    • Coordinape is good for smaller circles as opposed to full season long circles

  • Other suggestions:

    • Half grants, half retroactive
    • Multiple rounds of grants per season

  • TL;DR

    • Experimental trial of:
      • 50% proactive (grants, etc.)
      • 50% retroactive (coordinape, budget reallocation, etc.)

✅ Review Past Action Items

Import last week’s Action Items by using “/create” and selecting create linked database and then searching for the Action Items database from the last call for this project. If you’re starting fresh, you can delete the block above and the table/timeline.

Action items from [last meeting date]

🗞️ Guild and/or Project Updates

• Guild Name
  • Update 1
• Project Name
  • Update 2
• Project Name

✅ Action items from Today

🗣️ Open Discussion

• This is a space for open discussion

🎙️ Recording

Link/recording will be available here once the event has finished.