With 100% of 63 voters approving the first draft of the Season 5 Specification, this post is largely a formality. But it is another opportunity to review for those who missed the first draft.
Please flag any concerns you have in the comments below! No poll has been added as the previous draft was passed unanimously.
SUMMARY:
- Season 5 will start on Monday, August 8, 2022
- Season 5 will end on Sunday, October 30, 2022
- Formal gap week will be on the week of October 31, 2022
- Governance Solutions Engineers will have the ability to change or replace the Seasonal Specification, subject to forum and/or Snapshot voting in order to implement the BanklessDAO Constitution & Community Handbook
- The Grants Committee will receive increased compensation funding starting in Season 5 (702K $BANK, increased from 400K $BANK in previous seasons).
- Seasonal Automatic Guild Funding will be implemented pending discourse on appropriate measures and considerations.
- The way BanklessDAO distributes contributor rewards through Coordinape will change starting in Season 5.
- 11.5M $BANK allocated for the Grants Committee. 7M for inter-season funding and 4.5M for contributor rewards.
NEXT STEPS & TIMELINE:
- Season 5 Specification Draft #1 goes up July 19th
- Gap Week: July 30th - August 7th (including weekends)
- Projects and guilds submit their budgets by July 13th
- Grants Committee will work directly with applicants to finalize their proposals prior to the July 26th GC meeting.
- Season 5 Specification Draft #2 goes up July 25th
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Season 5 Specification snapshot goes live July 29th - Grants Committee to discuss any outstanding proposal issues during the July 26th meeting, and finalize prior to the July 29th Snapshot.
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Project and Guild budgets snapshot goes live July 29th
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Season 5 Specification snapshot goes live July 29th
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Season 5 Starts on August 8th - BanklessDAO holds a twitter spaces event with BanklessHQ on August 12th