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⚠️ This page is reference in the BanklessDAO Constitution and must not be deleted.
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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...”
- Quorum: All Committee votes must have 5 members present to pass motions and proposals
- Voting: All Grants Committee votes are simple majority.
- Documentation: All Committee votes must be recorded in written form on Notion
- Transparency: All Committee votes are open (i.e. not anonymous)
- Consensus: The Committee will only consider proposals that have met forum quorum requirements (based on this Snapshot vote, adjusted seasonally as per this (Committee vote):
Historical Forum Quorum Requirements
These procedures were voted upon here: Committee Weekly May 31, 2022
- when they have been adjusted, links to proposals have been provided