For Season 2, we requested and were granted a budget of 368,000 BANK, which included:

• 168,000 for two salaried positions (Guild Coordinator & Governance Coordinator)
• 50,000 for bounties
• 150,000 for an end-of-season Coordinape.

Our guild’s Gnosis Safe is forecast to retain 90,015 BANK at the end of Season 2 [310,015 balance minus 150,000 end-of-season Coordinape minus 70,000 final salary payments].

Fiduciary Duties

• We must challenge proposals and establish milestone-based payments, coordinapes, holdbacks, and/or payment streaming; we will not pay lump sums, nor will we pay in advance of delivery for projects & proposals.
• We will transparently share the guild treasury balance and anticipated end-of-season dates so that we can monitor our burn.
• We will be judicious about our capital investment, ensuring that BANK is utilized with high efficiency.

Season 3 Budget

We are requesting a budget of 373,000:

• 252,000 for three salaried positions (Guild Coordinator 84k, Governance Coordinator 84k & Talent Scout 84k)
• 75,000 for Coordinapes, intended to be executed monthly at 25,000 per round
• 46,000 for bounties, including note-taking, activations and apprenticeships

Taking into account the current forecast balance in our guild’s safe, we are requesting 282,985 BANK from the Grants Committee for our Season 3 allocation.