Title: BanklessDAO Season 5 Specification

Authors: Rowan, Rowan, Above Average Joe, 0xLucas, René

Copy Edits: Trewkat

Date: July 6, 2022

Forum Proposal: Draft 1, Draft 2

SUMMARY

This proposal introduces a specification for BanklessDAO Season 5. If this proposal passes Snapshot, the following details will fall into place:

• Season 5 will start on Monday, August 8, 2022
• Season 5 will end on Sunday, October 30, 2022
• Formal gap week will be on the week of October 31, 2022
• Governance Solutions Engineers will have the ability to change or replace the Seasonal Specification, subject to forum and/or Snapshot voting in order to implement the BanklessDAO Constitution & Community Handbook
• The Grants Committee will receive increased compensation funding starting in Season 5 (702K $BANK, increased from 400K $BANK in previous seasons).
• Seasonal Automatic Guild Funding will be implemented pending discourse on appropriate measures and considerations.
• The way BanklessDAO distributes contributor rewards through Coordinape will change starting in Season 5.
• 11.5M $BANK allocated for the Grants Committee. 7M for inter-season funding and 4.5M for contributor rewards.

SPECIFICATION

You can read the full specification here.