Last updated: 12/6/21

Grants Committee funding pertains to:

• Individual projects funding
• Additional guild funding

Grants Committee Exception:

• Grant committee decisions with sufficient conflict of interest go to snapshot. (eg. cannot achieve majority vote) [1] [2]

Requirements for GC decision making and funding:

• Forum Time Requirements
  • At least 7 days in proposal
    • Not more than 30 days old.
• Forum Quorum Funding Gates:
  • <50k BANK
    • 25 votes
    • 80% majority
  • 50k - 250k BANK
    • 30 votes
    • 80% majority
  • 250k - 500k BANK
    • 40 votes
    • 80% majority
  • 500k - 1m BANK
    • 50 votes
    • 80% majority

Snapshot Reference:

• Seasonal specification (including Grants Committee allocation) [1] [2]
• Seasonal Project and Guild funding [1] 1
• Major Governance changes [1] [2] [3]
• Tokenomic changes [1]
• Extending budget
• Emergency vote / “Break glass” scenario