Decentraland

by 0x598f8af1565003ae7456dac280a18ee826df7a2c (pablo)

Linked Pre-Proposal

Grants: Reasonable anti-drain measures

Summary

Implementing limits on grants per proposal to prevent excessive fund utilization and promote wider participation.

Abstract

Propose a cap on the funding amount for each proposal, set at 20% of the quarterly budget allocated to the respective category. Advocate against the freezing of grants to ensure continuous project advancement.

Motivation

Given the current bear market conditions, there is a notable decline in the DAO’s available funds.

Concerns are mounting regarding the depletion of the DAO’s financial resources.

Implementing a complete freeze on grants would impede ongoing developmental strides.

Nonetheless, a straightforward remedy presents itself with a host of additional advantages.

Enabling a more inclusive approach, with increased participation, expanded opportunities, and heightened contributions. Applicants can seek smaller, short-term grants, thereby reducing the need to liquidate substantial MANA holdings. For instance, requesting funds for a two-month period rather than committing all MANA resources for six or twelve months. Furthermore, project beneficiaries can apply for multiple grants over time to sustain their initiatives.

Specification

Set a ceiling for each proposal, equivalent to 20% of the quarterly budget allocated to the specific category. Discourage the freezing of grants to ensure a continuous flow of project support.

Conclusion

In conclusion, this proposal addresses a critical concern in the current decentralized landscape, where the DAO’s financial stability is threatened by the ongoing bear market. The motivation behind this proposal stems from the need to safeguard the DAO’s funds while also promoting a more inclusive and dynamic ecosystem. By limiting grants per proposal to 20% of the category’s quarterly budget and rejecting the idea of freezing grants, we not only prevent undue drain on resources but also foster a more agile and resilient support system for projects.

The intended impact of this solution is multifaceted. It not only ensures the sustainability of the DAO’s financial health but also encourages a broader range of participants to engage with their innovative ideas. Through this approach, we aim to strike a balance between responsible resource management and providing the necessary impetus for ongoing project development. In essence, this proposal encapsulates a proactive response to the challenges posed by market fluctuations while nurturing an environment of continuous growth and collaboration within the decentralized realm. It is our conviction that by embracing these limitations and focusing on sustainable progress, the DAO can chart a path towards enduring success and impactful contributions.

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp