Authors: Kouros, Eagle
Squad: Grants Committee
To reimburse people that execute transactions for projects or guilds in Bankless DAO.
Bankless DAO have a number of projects and Guilds that are working to perform tasks to keep the DAO running and active. These activities are essential for the survival and success of the DAO. Transactions are executed to remunerate contributors, pay for services or infrastructure and they all require to pay gas fees to execute them. Gas fees can add up to a significant amount and we believe the DAO should cover these costs, as the transactions are made in the interest of the entire community.
Every transaction is inherently connected to the achievement of certain goals, which were already accepted within a Guild or by the community at large. Therefore, the costs could be considered a necessary burden in order to fulfill the BanklessDAO mission.
Each person that has executed transactions on behalf of Bankless DAO is entitled to reclaim the gas fees back. The reimbursements will be in BANK at a 30 day average price from the day of the reimbursement.
The requests will cover a whole Season and the submission period will close two weeks after a Season has ended.
After this, a member of the Treasury Guild will review all requests and go through all the transactions then make a summary and present it to the Grants Committee for the final approval.
Finally, the reimbursement will be executed from the Grants Committee multisig.
This is an ongoing procedure and the financial implications will depend on the requests for reimbursement each Season.
Reimburse submitted requests for Season 1 and the subsequent Seasons when due.
- I agree to reimburse gas fees on a seasonal basis
- I do not agree to reimburse gas fees on a seasonal basis