Research Guild Budget Proposal for Season 5

Draft Season 5 Research Guild Funding Request

Authors: ernest of gaia

Created Date: June 6th, 2022
Submitted: June 28th, 2022


The Guild’s Purpose is to operate as a Support Node for conducting, guiding, and funding research that aligns with the goals and vision of the BanklessDAO.

To achieve these goals, the Research Guild will:

  • Create research bounties
  • Track Research Jobs within the DAO
  • Fund scope squads and research projects through a grants program
  • Write and publish research articles
  • Support Research Work and Talent Recruitment for projects across the DAO

The Guild hopes it can contribute to the DAO in various ways, but most importantly support Research Talent and provide an On Ramp to using Blockchain Technology within Bankless DAO.

Summary of Season 3

Season 3 was about forming interest groups and creating work streams for projects to develop talent and formalize their interest group into a workgroup; both inside the guild and within the DAO.

Guest Passers did an amazing job working with the Gove Bot team, Bankless Africa, and Bankless Consulting; as well as organizing the “Defi Challenges on the African Continent” and the “Stable Coin Research Report” which were the research topics of the season in collaboration with Bankless Africa.

Summary of Season 4

In Season 4 the Guest Passers came back strong meeting all of their core goals for the season

  • Build Capacity of Guild members to Self Organize and Self Govern
  • Continue to support other guilds and projects within Bankless DAO
  • Continue to give opportunities to Guild members in understanding and using the basic dao tools (discord, notion, gnosis,, Dework, and snapshot)
  • Build out a stablecoin research hub in conjunction with Bankless Consulting and Bankless Academy.

Season 5 Goals

Total Budget Overview for Season 5

We have planned a Budget total of 803,600 BANK.
We are expected to have a balance of 175,515 BANK in our Treasury in Season 4.
We are asking for a total of 628,085 BANK
We have a Multi Sig on the ETH mainnet and on polygon.

  • Eth: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
  • Matic: 0x3628F8A41eE5112931fBA446610aEaD236Cd2AA3

Success Metrics

Near-terms ways we can add value

  • Refine Project Intake Process and Member Onboarding
  • Foster a space for open research interest group Development
  • 1 Knowledge Session a month on broad skill development (season 5 how to Charter))

Longer-term objectives

  • Publication of Research
  • Support Roles for Primary Role Holders developed
  • Formalize the Grant Workstream

How will we measure success?

  • Through delivery of quality research projects, on-time and on-budget, with the quality expected and agreed upon by the guild.
  • Happy & Active Guild Members as measured by our Coordinape Sign up forms
  • Members learning new skills to contribute to projects and other guilds.
  • Grant Funded Projects

Next Section below Season 5 Roles

Season 5 Roles-

North Wind Role - Governance Focalizer/(Coordinator sobol naming convention)

  • Ensure proper accounting with multi sig funds and call the multisig to action when members vote to spend.
  • Engage with the development of a 6 month budget plan
  • Act as a reliable point of contact for Official Guild matters
  • Assist members in writing proposals, understanding guild incentives & governance structures.
  • Facilitate Apprentice Program for the Role.
  • Assist with the development of notion administration
  • Season 5, 13 weeks, 1 week off = 60,000 BANK for Season 5

East Wind Role - Projects Foca lizer/(Coordinator sobol naming convention)

  • Track Agenda updates and organize requests, projects, and/or grants via Notions & KanBan board.
  • Focalize the progress of research requests from ideation to proposal.
  • Organize notion documents to track progress for the DAO
  • Facilitate Apprentice Program for the Role
  • Season 5, 13 weeks, 1 week off = 60,000 BANK for Season 5

South Wind Role - Member Mentor/(Coordinator sobol naming convention)

  • Help shape a welcoming Discord experience.
  • Member support and Research Talent mentorship.
  • Involved in Recruitment and Onboarding of New Talent to the Guild
  • Facilitate Apprentice Program for the Role
  • Season 5, 13 weeks, 1 week off = 60,000 BANK for Season 5

West Wind Role - Guild Elder/(Coordinator sobol naming convention)

  • Build reciprocal relationships with other guilds and projects
  • Coordinate with other Guilds for identifying research needs
  • Facilitate Apprentice Program for the Role
  • Season 4, 13 weeks, 1 week off = 60,000 BANK for Season 5

4 Support Roles-

2 Support Roles Member Care - East & South 2 Support Roles - Guild Care - North (notion Ninja) & West

In the lab for 3 hours a week

  • 1 hour meeting a week (onboarding call, office hour, governance & operations)
  • 1 hour meeting in a different time zone
  • 1 hour in the :test_tube:lab, available for members to jump in and ask questions or request guidance
  • Availability for 1o1 calls with new members


  • Teaching the fundamentals of guild and dao tooling → Coordinape, Gnosis, Sesh bot, snapshot
  • provide support to at least 1 role holder directly
  • join scope squad for 1 guild knowledge sessions


  • 3,000 bank per week for 12 of 13 weeks in Season 4 —> 36,000 BANK

North Wind Support Role Guild Care

Season 4: Notion and Coordinape Admin

  • 36,000 BANK/season = (2 hr/week * 13 wks/season)
  • Responsibilities:
    • Manage Notion user group (i.e. add/remove users)
    • Manage Notion page group (i.e. permissions of pages)
    • Report and remediate intrusions with support from the Notion Administrator

Total Roles Season 5 = 384,000 BANK

Next section Guild Incentive Structure

Season 5 Guild Incentives

The goal of our Incentive Structure is to as much as possible incentivise members to commit to action items for the self-organizing of the guild, for joining Scope Squads for research purposes, and for developing research projects. We believe this bounty structure provides opportunities for skill development and motivates DAO members to actively contribute to guild operations.

Guild Self-Administration Bounties

  • Guild Update to DAO 1,000 BANK = 6,000
  • Guild Newsletter - Writing 500 BANK per week = 6,500
  • 2 Weekly Sync Meeting Speakers - Run the meetings based off of the Guild agenda - 1,500 BANK remuneration per Sync. Speakers should make sure to update each other’s Meeting Agendas. = 39,000 for season
  • 2 Weekly Sync Meeting Listeners - Adds details to notes submitted so that speakers can focus on speaking and listening to other members, sets up notes for next meeting - 1,500 BANK remuneration per Sync. = 39,000 for season

Total for 13 weeks = 129,500 BANK

Meeting Agendas are Modified as needed. The following are modifications.

Verbal Project Report Update - 400 BANK remuneration - Should provide notes to agenda prior to meeting

Written Meeting Report added to Agenda - 300 BANK remuneration - Does not need to be present in meeting

  • Reports are defined as Noteworthy or Substantial Updates, not getting tipped to copy and paste previous weeks notes if things are on standby.

At 2 verbal and 3 written updates this estimate totals at 22,100 BANK

Guild Research Micro Grants

Join a Scope Squad for Research Support purposes 1-4,000 BANK grant

Join a Project in Project Planning for Research Support purposes 2-5,000 BANK grant

  • Must provide update every 2-4 weeks

At 3 squads (2500/) and 3 projects (3500/) a season with avg Grant Funding = 18,000 BANK

Maintain Ongoing Research Channel 3-6,000 bank per season, monthly reporting

  • Can request from guild additional micro grants for bounties such as publishing research, “cleaning” research data.
  • Guild Members may require Proposals to have community forum support (usually plus forty approval?)

Estimate 2 channels (4500/)= 9,000 BANK

Guild Coordinape

  • Our active member Role Tag is @beakers
  • There are 31 active members currently attending events in the Research Guild, we expect 35 next season
  • We allocate 4,000 BANK per active member with the Beakers Role Tag
  • Coordinape will be distributed for weeks 1-4, 5-8, & 9-13 of each season.
    • Possibly test bi weekly distributions
  • Estimate of 140,000 BANK for season 4

Next Section Work Groups and Interest Group Funding

Research Work and Interest Group History

Bankless Africa Research Work Group

  • The bAfrica Research Journal will be published Seasonally and is managed by the bAfrica Research Work Group (#BA Research WG). The journal focuses on identifying web 3 challenges that pertain to the African continent and to deepen the understanding of common web 3 use cases.

In season 3 bAfrica was awarded a grant of 15,000 BANK from the research guild for the development of their first Research Journal Publication. In Season 4 the Guild provided 45,000 BANK in Research Funding. An NFT of the Report will be available for Sale, for 1,000 BANK, by the end of Season 4, adding Utility to the BANK Token. No Funding was requested in Season 5 though the Work Group continues.


The Test DAO project evaluates DAO Tools that are currently available and future tools that will look to find a place in web3. The goal is to have a marketplace of evaluated DAO tools that can be utilized by DAO members and other communities. Our research can also be used to curate and evaluate software, and make suggestions for the future from other projects in the DAO.

testDAO received a 45,000 BANK Grant from research Guild in Season 4 and is not needing funding at this time for Season 5, the Work Group continues.

Health Research -

This research project looks to uncover the mental and physical health problems occurring in Bankless DAO via a survey. By presenting the mental and physical health issues of members in the DAO, we can devise concrete solutions, and present initiatives to improve on the wellbeing of members in the DAO. We would like to find a way to improve both the physical and mental health state of all DAO members by introducing new health initiatives.

We applaud and make use of already existing health initiatives such as the #mental-health-channel, DAOyoga and the Readiness column in the WR, but we feel there is a room for more. This is an unfunded working Interest Group.

Interest Groups-

In the research guild we provide space for the incubation of potential Research Projects. It is here that over time the planning, talent building, and the skill development that is needed to create a project and its social agreements emerges.

One of the increased efforts this season is to Create visibility for RG’s work. Market RG’s research output both within and outside bDAO.

  • 50,000 BANK for Writing, Editing, & Publishing of Research. (based on previous collab with WG)
  • Maintain a Web 3 Social Media presence for Cross Guild Collaboration and access to Bankless Research Talent
  • Test Wonderverse Research Guild Pod Wonder

Interest Groups are funded at 10,000 BANK per interest group creating a seed pool of funds for Interest Groups to use if they build a scope squad and go through the project intake process. About 30% of Interest Groups become Projects over the course of a season. Based off of Season 3 experiences of 10 interest groups through the season 3 projects making it through the Guild Governance Framework to formalize as a project.

A snapshot of some of this season Interest Groups:

6- 9 currently active interest groups at 10,000 BANK per group (6 Groups) is 60,000 BANK

This list is more than 6 because one interest group will likely become a project and one interest group has agreed to take more time to see how things develop and are not seeking much assistance at this time, looking towards season 5.

Total Project Funding 110,000 BANK

  • No Objection to this budget
  • I object to this budget
  • I have questions that need resolved before I can vote
  • I abstain with no objection

0 voters