Hi @teresacarballo and @LiviuC
Great proposal. Thank you.
I am noticing on your office hours page says “Bankless” and not “BanklessDAO”. Since the DAO AND HQ are separate, I am wondering why HQ’s branding is used here.
My Next questions are about the budget.
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[quote=“teresacarballo, post:1, topic:5361”]
We have earmarked 260.000 BANK for two projects that will eventually pay out at the end of the Season 7, first project will be bDAO Legal Entity ‘Wrapper’ bDAO Legal Entity ‘Wrapper’ Research Proposal and the second one will be Legal Guild´s Website and Design. Discord .
[/quote]
Without getting into details of the projects themselves: (1 project was funded previously by the GC), The budget that was approved for the Legal Guild in Season 7 did not include BANK being distributed to these projects. -
This proposal has the total for role holders BANK distribution as 552,000.
Per member based funding:
4 roles * 5,000 BANK/week, the max amount for roles should be 320K BANK.
On the Legal guild active members list there are 19 members which would = 233,700 (10,000 for 13 weeks = 769 BANK per active member/week) (16 * 769= 12,304) (12,304 * 19 = 233,776)
I see the legal Guild Season 8 budget at:
553,776
Which is 320,000 (roles) + 233,776 (active members)
- 411,568 left over
Would have the BANK request at:
142,208 BANK