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.

For the Season 9 Seasonal funding round, 2 projects and 1 guild missed the initial seasonal funding snapshot. The BanklessDAO Grants Committee requests 1,659,200 BANK to be transferred from the BanklessDAO Vault Multisig (eth:0xf26d1Bb347a59F6C283C53156519cC1B1ABacA51) to the Grants Committee Multisig (eth:0x12BD9048b419838e25046040Dcd297aB16850280) to fund these DAO units for Season 9, as per Section 7.1 of the BanklessDAO Constitution,

• Details of this amount can be viewed in the Season 9 Seasonal Grant Requests Spreadsheet under “2nd Round Requests”

Specification

Guild Funding = 459,200 BANK

• Project Management Guild = 459,200 BANK

Project Funding = 1,200,000 BANK

• Global Events = 900,000 BANK
• Making Bank = 300,000 BANK

Grand Total: 1,659,200 BANK