Yam

See Discussion link below for full post and conversation around this Grant Request

This grant application is the second grant within the existing Yam Design Studio Silo. For this grant the Design Studio intends to change from a monthly to a quarterly grant period.

The purpose of the quarterly grant is to streamline the process on long-term and or ongoing Silo projects. The desired effect is a lighter governance load so both silo participants and token holders are less bogged down in unneeded governance processes.

Quarterly Grant

This quarterly (3 month) grant request serves as a funding container. It will work as follows:

1. Each silo participant provides an hourly range with a monthly not to exceed maximum
2. At the end of each month transparency reports are filed by the silo participants
3. Payments are paid on a monthly basis based on the actual hours worked
4. Token holders always retain the ability to stop a silo by submitting a Snapshot proposal

Why Quarterly?

Besides the reduced management overhead, the advantage to the silo structure is that it provides a high level of flexibility for the silo participants to manage their own time and project. The idea is to avoid participant burn out, apathy or abandonment of projects through striking a balance between freedom and accountability. Flexible hourly commitments can encourage long-term participant involvement while providing a mechanism that allows for payment of the work the participant is able to provide each given pay period.

Goals and Deliverables

Yam Super Site

• Incorporate the work of the Yam Re-Org Silo into the new site, with accompanying visual graphics, infographics, and brand imagery.

Yam Re-Org Social

• Showcase and publish the Yam Re-Org ideas on our socials and medium.

Branding Graphics for Grant Application

• Create graphics for the grant application that showcase the flow on how to get involved with Yam.

Yam Re-Org Campaign

• Develop a marketing campaign to showcase the ideas of the Yam Re-Org.

Complementary Initiatives:

• Metaverse Build Development for community outreach + growth in the metaverse.
• Community Event in the Metaverse.

Funding Amount Requested:

Total amount to be split 70% in USDC and 30% in YAM at the 30-day TWAP price on the first day of the month after the month for which compensation is being requested.

• Range 20 to 40 hrs/week = $6,800 minimum and $13,600 maximum per month
• (compensation based on $85 per hr)