Title: Vote to Ratify Transition Council Authority Authors: Hiro Kennelly, trewkat Forum Post: Transition Council Authority

SUMMARY

The Transition Council, which was established to guide our community through this period of change, is seeking BANK-holder ratification of its authority to implement a broad set of changes within the DAO, as described in this Forum post.

Six Transition Council members were appointed at the June 24, 2024 Governance meeting, per a tlBANK Snapshot vote. To date, the six appointed members have proceeded with work around purpose and branding, but before we move forward with officially implementing these changes and making additional decisions that will further shape our future, we believe it’s crucial to have the broader community’s formal and documented backing.

SPECIFICATIONS

If ratified, the Transition Council will have the authority to:

• Implement its selected new name and brand identity for the DAO (Black Flag DAO) across social media accounts and web presence.
• Decide on the role of the BANK token and issuance of new token(s) within the new Black Flag DAO.
• Change the Black Flag DAO membership requirements and organizational structure.
• Decide on the tooling necessary to operationalize these changes.
• Update DAO governance processes to reflect membership and/or token ownership rights.
• Produce a replacement Constitution that reflects these changes (and any others necessary to effectuate these changes). While the replacement Constitution will be written and implemented by the Transition Council with consideration of community feedback, the text will include a process by which members can later suggest and enact revisions to the new Constitution. (After community feedback, the language of this bullet point is slightly different than the Forum post).

DISCUSSION

Any discussion related to this Snapshot vote should take place on the Forum post.

POLL

Do you support the Transition Council’s authority to implement the changes listed under Specifications? This token-weighted Snapshot vote will run for seven days and requires ≥ 66% approval (Yes vote) to pass.

Title: Vote to Ratify Transition Council Authority Authors: Hiro Kennelly, trewkat Forum Post: Transition Council Authority

SUMMARY

The Transition Council, which was established to guide our community through this period of change, is seeking BANK-holder ratification of its authority to implement a broad set of changes within the DAO, as described in this Forum post.

Six Transition Council members were appointed at the June 24, 2024 Governance meeting, per a tlBANK Snapshot vote. To date, the six appointed members have proceeded with work around purpose and branding, but before we move forward with officially implementing these changes and making additional decisions that will further shape our future, we believe it’s crucial to have the broader community’s formal and documented backing.

SPECIFICATIONS

If ratified, the Transition Council will have the authority to:

• Implement its selected new name and brand identity for the DAO (Black Flag DAO) across social media accounts and web presence.
• Decide on the role of the BANK token and issuance of new token(s) within the new Black Flag DAO.
• Change the Black Flag DAO membership requirements and organizational structure.
• Decide on the tooling necessary to operationalize these changes.
• Update DAO governance processes to reflect membership and/or token ownership rights.
• Produce a replacement Constitution that reflects these changes (and any others necessary to effectuate these changes). While the replacement Constitution will be written and implemented by the Transition Council with consideration of community feedback, the text will include a process by which members can later suggest and enact revisions to the new Constitution. (After community feedback, the language of this bullet point is slightly different than the Forum post).

DISCUSSION

Any discussion related to this Snapshot vote should take place on the Forum post.

POLL

Do you support the Transition Council’s authority to implement the changes listed under Specifications? This token-weighted Snapshot vote will run for seven days and requires ≥ 66% approval (Yes vote) to pass.

Title: Grants Committee Election for S10 and S11 Author: paulitobankless Forum Post: Governance Election: Season 10 - Grants Committee Election Submission

SUMMARY

According to the BanklessDAO Constitution, there are six seats open for the Grants Committee for the next term (Season 10 and Season 11).

Members stepping down

• Ornellaweb3
• Icedcool
• links
• baer.eth

Election:

You can get more information about this election and see all applications here: Governance Election: Season 10 - Grants Committee Election Submission

In summary these are the 5 candidates by their Discord handle:

• UXMcEal
• coffee-crusher
• anaphant
• SpiritedF#7303
• fabiancripto
• No UXMcEal
• No coffee-crusher
• No anaphant
• No SpiritedF#7303
• No fabiancripto

The voting system is weighted voting. You can distribute your vote to as many candidates as you wish and also choose the weight on it. There is also a No vote for each candidate. If you feel any of the candidates are not eligible for the GC role you can do a No vote.

Note: If a candidate has more weight on their no vote they won't be admitted as part of the S10 and 11 GC.

As per the changes to the Season 10 (S10) Seasonal Funding Process, guilds get a flat rate for S10 plus a bonus depending on DAO sentiment. This snapshot asks members of the DAO to signal their support of a guild via voting, which will then be used to award an additional 500,000 BANK for guilds to use to attract and retain talent.

Specification

Below you will find a list of guilds vetted by Grants Committee and receiving grants for Season 10. DAO members are asked to signal their support for guilds by allocating some of their token-weight to each guild. This functions almost exactly like a Grants Committee election - you can distribute your vote to as many guilds as you wish and also choose the weight of each vote.

Note: this is not retro-funding, it is a measure of DAO sentiment towards guilds. If you feel a guild is doing a good job and want it to get more resources, weigh your vote higher for that guild. To help make your choice, here are some links to the S10 grant requests from the included guilds:

• Project Management Guild
• Developer's Guild
• AV Guild
• Design Guild
• Writers Guild

Note: The last option is for those who don’t think any listed guild should get additional funds. If you select this option, you are effectively voting for the BANK above to stay in the treasury.