Title: Season 7 Specification and Community-Indicated Direction

Proposal Champion: 0xZFi

Date: February 5, 2023

---

SUMMARY

This is the BanklessDAO Season 7 Specification. Compared to Season 6, this timeline has things scheduled sooner to hopefully achieve a smoother season transition for everyone. It also intentionally leaves Gap Week free of scheduled events to enable as many folks as possible to actually take a gap week. That break is important and I wanted to ensure our operational timelines were aligned to accommodate Gap Week by default.

---

Operational/Governance Changes

These changes have been proposed and have independently passed a vote on the Forum during the current season and their details are to be implemented upon their passage or in upcoming weeks. The vote on this Seasonal Specification will not impact the results of these previously-passed proposals.

• bDIP-01: Correcting Grant Proposal Requirements
  • Brings the Constitution in line with the practices of the Grants Committee, providing clarity for future funding requests
  • Patch; quorum of 40 votes required
  • RESULTS: 49 votes; 98% Yes, accept the bDIP change
• bDIP-02: Coordinated Timing Across BanklessDAO
  • Establishes Universal Coordinated Time (UTC) as the single reference timezone for meetings and events across BanklessDAO.
  • Minor Change; quorum of 51 votes required
  • RESULTS: 79 votes; 98% Yes, accept the bDIP change
• SAFE tokens in the Banklessvault.eth wallet are being delegated to DAOstewards
  • Link
• Coordinape round funding will be paused, as a result of the findings regarding its misuse
  • Proposal Link
  • Incident Report and Next Steps
    • Link
  • DAO-level Coordinape compensation rounds are paused until a viable alternative can be found
  • The amount allocated to the new compensation alternative will be lower than we had been using
  • Proposals for alternatives are in progress
• [Community Vote] Grants/Funding Strategy for S7
  • A new Project Funding Template will adopted
    • Link
    • RESULTS: 27 votes; 89% Yes, adopt the new template
  • A new Department Funding Template will be adopted
    • Link
    • RESULTS: 25 votes; 88% Yes, adopt the new template
  • A new Project Assessment Framework will be adopted
    • Link
    • RESULTS: 24 votes; 79% Yes, adopt the new template
  • The Grants Committee will receive 100,000 BANK additional compensation for Season 6, to be distributed amongst the GC members via Coordinape
    • RESULTS: 27 votes; 52% Yes, grant the GC additional compensation for S6, to be distributed via Coordinape
    • RESULTS: 22 votes; 71% for additional compensation of 100,000 BANK

Community-Indicated Direction

These temp-checks have been posted on the Forum for discussion and voting, but their details are not ready for immediate implementation. This list indicates new experiments and directions the community is considering taking, but specifics are still being worked out. The vote on this Seasonal Specification will not impact the results of these discussions.

• Guest Passes may become limited to 4 weeks with 2 renewals
  • Link
  • Further discussion is needed
  • No formal proposals have been presented
• All Snapshot votes may be posted using shielded voting if the Season 6 trial produces positive results
  • Link
  • Further discussion and testing is needed
  • Results so far have been positive, with no reports of challenges
  • A future bDIP will be required before official implementation
• Purpose-Driven Guild Funding will not be implemented for Season 7
  • Link
  • Further discussion may be incoming
• PENDING QUORUM: bDIP-03: Dynamic forum quorum for bDIPs
  • Establishes the precedent for an adjustment to quorum requirements to be categorized as a “major change” to the Constitution
  • Modifies the Forum quorum requirements to adopt a formula-based approach that evolves with DAO activity levels
  • If Major Change classification vote holds, a quorum of 63 votes is needed
  • CURRENTLY: 32 votes; 91% Yes, modify forum quorum
• PENDING QUORUM: bDIP-04: Departments
  • Codifies Departments into the Constitution
  • Provides increased clarity on the formation process of new Departments
  • Major Change; requires quorum of 61 votes
  • CURRENTLY: 23 votes; 82% Yes, accept this bDIP
• PENDING: bDIP-06: Code of Conduct Change
  • Adds detail regarding prohibited behaviors and actions
  • Provides direction for addressing occurrences of these behaviors
  • Patch; requires a quorum of 40 votes
  • CURRENTLY: 17 votes; 82% Support direction of bDIP, but needs improvement

Season 7 Operations Timeline

If this proposal passes Snapshot, the following timeline will fall into place for Season 7:

• February 10: The Season 7 Kick-Off Event will be held on Twitter
• February 13: Season 7 begins
• April 7: All funding requests from guilds, departments, and projects to be posted to the Forum for the Grants Committee to review
• April 7 - 13: Grants Committee to work with groups to review funding requests
• April 14: Draft 1 of the Season 8 Specification to be posted to the Forums
• April 14 - 20: Grants Committee to work with groups to finalize funding requests
• April 14 - 23: Season 8 Grants Committee Election applications accepted
• April 24: The Season 8 Grants Committee election will be posted to Snapshot
• May 1: The Season 8 Specification will be posted to Snapshot
• May 1: The Season 8 Budget Request will be posted to Snapshot
• May 8-14: Gap Week
• May 14: Last day of Season 7

---

POLL

Approve Reject Abstain