I posted my coverage of the new SIP guidelines. It ended up being a long episode to go over the new process. I cover the SIP guideline webpage, compare the old process to the new process, and I do a dry rehearsal of the new Typeform.
Here is the video, and beneath it are the highlights:
- Looks really well made. Nicely done! It’s filled with lots of valuable tips.
- What must be met to receive an invitation?
- How long does this step last?
- Do comments need to be resolved here or at step #4?
- How long does this step last?
- Of the 9 budget categories on the Dashboard, 5 are listed in the new SIP Guidelines. Could you please clarify what will happen to the 8.1M $SAND budgets for the 4 categories not listed?
- Will the SIPs already submitted be allowed to continue in the same process?
- Could you please clarify what this means? I had a really hard time figuring out how to apply the math.
- Recommendation: change “SIP Draft” to “SIP Active” instead of Draft to account for FX volatility of 30-day period of discussion + voting period. The 7d range via CoinGecko and CoinMarketCap can exceed financial commitment to no fault of the SIP author.
- Recommendation: Change to 150% for Tier 1, 115% for Tier 2, 110% for Tier 3. 110% of 50K is 55K, which is a very small flexibility afforded FX volatility.
- If a SIP author from France were to submit a proposal, which country regulations and laws apply to them? France? The Cayman Islands where the Sandbox DAO Foundation is incorporated? Elsewhere?
- Recommended changes I saw in the Typeform when going through it