Community Governance, Really?

Personally, I pay little attention to the budget : )

But I know Juampi and Cyril very closely monitor it.

I am unclear if the dashboard is fully reflective of funds that are earmarked for upcoming expenses, but I imagine if it says $500k that the bulk of that is “already spent,” as they say.


Seems like a SIP for this would be very straight-forward. The decision would then rest in the hands of the community and the funds would be drawn from a significantly better lined pot of money.


Breaking this down a bit further…

12 delegates + 4 DA’s + Kunta & Cyril + any highly-active SC or AB member who might wanna sport the DAOs’ badge on their X = Maybe 20 or so badges

20 badges x $50 x 12 months = $12k/year

$10k year for Premium + $12k/year for badges = $22k/year

Of course, those numbers are assuming badges all around (and ignoring the risk factor outlined above, which should also be included in the SIPs risk analysis)

2 Likes