Euler Finance

Title : Grant Proposal 9 Delegated Domain Allocation by Questbook

Author : ruchil

Submission date - 18/02/2023

Summary

• We (Questbook.xyz) propose the launch of Euler ecosystem growth fund of $222k (~0.26% of the treasury and ~0.8% of stables as on Feb 17th, 2023) spread across 1 quarter to fund a wide variety of teams building apps on top of Euler in a transparent manner. Questbook is also leading Compound grants program through delegated domain capital allocation model, a community-run grants program.
• We additionally propose that this budget be managed by 4 individuals called Domain Allocators - chosen from the community, by the community. These domain allocators would manage grants for a domain. These domains are strategic areas of focus for which the Euler DAO wants to disburse grants
• The performance of each of these domain allocators will be publicly viewable and auditable using rich dashboards. At the end of the quarter, the Euler community can vote to replace, continue domain allocators or increase budgets for each domain allocator.
• We (Questbook.xyz) will help facilitate setting up these domain allocators and provide the tooling to run the grants program in an efficient and transparent way. We have previously set up or currently setting up the grants process for Compound, Polygon, Solana, Celo, and Aave

Discussion & more details to : https://forum.euler.finance/t/grant-proposal-9-delegated-domain-allocation-by-questbook/777/27?u=ruchil