Thank you for a great post. I find the budgets to be problematic, for Phase 1 we’re saying the squad should be renumerated for work done in an amount that is around a full seasonal budget for a guild. So I would very much like to hear more about these strategies that you’ve been working on before settling on how reasonable the budget is.
For me this amount of back-pay for gathering consensus (in part) is a bit problematic I must say. Most projects have had much lower (at least specified) amounts to ask for work done before a vote, in a nutshell, should we start working on strategies before we’re approved to spend. But this is a discussion for another place maybe.
For the 2M, it’s a lot without a clear guidance on what you’re planning to do. So I would think this needs to be clarified. I would also like the proposal to split renumeration of members from their operating activities to increase the value of BANK in their budget. This would allow you to present what kind of work youre estimating to be done here and how much is to be used for tokenomics. Way more transparent from the start.
My suggestion would be to moved the 2M at the very least to the S2 snapshot, and keep this for the first phases. Based on that you’re estimating 200hr of work of the 500k, you should be fine until the S2 snapshot.
Would the revenue % of non-BANK revenues be on top of the 2M?
I think 2.5M BANK (50% of guild budgets or over 2x our largest project last season) is an ask that needs a lot more clarification. Do it in steps and ask for a smaller amount until you can present something a bit more tangible in terms of strategies and why you need 2M + ETH per season.
just my 2 cents.