Overview of Guidelines: How to get funding
AragonHi everyone! We discussed how to get funding in the new Aragon DAO in today’s Friday Social. Here are the key takeaways:
- Teams should have proposals ready by December 23rd.
- Anyone can become a delegate. People seeking delegation should announce their intention in the Aragon DAO section of the forum.
- The funding process will function similar to how it does currently. We will still have a strategy and OKRs. The primary difference is that ANT holders via delegates will be allocating funding rather than the committee.
These are all guidelines, which are simply standards to increase clarity, coordination, and collaboration amongst teams. There is no social layer enforcement.
Timeline
December 23, 2022: the last day to submit your team’s funding proposal on the Aragon DAO forum. Teams can post on the forum earlier and make adjustments as they receive feedback.
January 7, 2023: Voting on proposals begins and first treasury transfer begins.
Up to February 28, 2023: Teams can re-submit their proposals any time in this period if they didn’t get funding passed in round 1.
Terminology
Strategy - The overall direction for the DAO. This is proposed and/or endorsed by delegates/large ANT holders. There can be multiple strategies published on Github and endorsed by different delegates. Link to hyperstructure strategy. 5
Objective - Clear, attainable, actionable pieces of the strategy that teams can apply for funding to solve or work on.
KR: Key Result - Measurable results that stem from objectives and create a clearer direction for teams on what they should be aiming to achieve with their proposals.
Teams set their own OKRs that map back to the higher-level DAO strategy.
Suggested Proposal Template
- Title
- Short description/TLDR
- Strategic alignment: how will your team advance the strategy?
- Funding request
- Longer description and technical specifications
- Team OKRs
- Team description
- Risks and dependencies: if you could fail to meet your OKRs because of dependencies on another team, describe the possible risks.
OKRs
New OKRs will be set at the November offsite. Teams can work with Ops Guild to craft their proposals and prepare for the Dec 23rd deadline. The OKRs will likely be an extension of what we’ve already set.
Delegates
Becoming a delegate is permissionless—you just need to state that you’re interested in receiving ANT delegation so ANT holders know to delegate to your address.
Potential roles of delegates:
- Endorse strategy
- Review DAO-wide objectives
- Allocate funding by voting
Delegates can negotiate directly with token holders for payment or put forward funding proposals to the Aragon DAO to be paid for their work.
Being a delegate is probably not a full-time job—it would be a role on top of your existing one. As the DAO changes, the roles of delegates may change, but that will be up to ANT holders.
Next week we will discuss the on-chain deployment.
Add questions to this specific framework in the comments below. Thank you!