Authors; Aloy #6049, ETrinity007#7414, infinitehomie.eth #4930
Editors: Latsan#6466, Crown #6220, SpiritedF#7303
Date created: 03/23/2023
Date posted: 04/06/2023
Wallet surplus: 5,332 BANK
Funds requested: 663,308 BANK
Multisig; ETH: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
Multisig signers; ETH: Crown #6220, SpiritedF#7303, Latsan#6466
McEal#0001, Og#1963, infinitehomie.eth #4930
Ernest_of_Gaia ccNFTs #4762
Polygon: infinitehomie.eth #4930, rowan#3669, zijo
Ernest_of_Gaia ccNFTs #4762, miss purple
The research guild is responsible for conducting research, providing insights, educating members, and fostering collaboration.
Conducting research: The primary purpose of the research guild is to conduct research on various topics that are relevant to the DAO’s mission and goals. This can include researching new technologies, analyzing market trends, and evaluating potential investment opportunities.
Providing insights: By conducting research, the research guild provides valuable insights to the DAO’s decision-making processes. The insights gained through research can help the DAO make informed decisions about its operations, investments, and other activities.
Educating members: The research guild helps to educate other members of the DAO about various topics. This can include providing training on new technologies, explaining market trends and their implications, and sharing best practices.
Fostering collaboration: The research guild helps to foster collaboration among members of the DAO. By working together on research projects, members of the DAO can develop a deeper understanding of each other’s skills and expertise, which can help them work together more effectively in other areas.
We have spent Season 7 reinventing the guild. We have been able to encourage more people to actually engage with the guild and present work to the guild through our revamp of DeWork.
We have unfortunately had previous seasons where our community was fractured, so we needed to focus on building a guild that could be inclusive, motivated, and focused on the goal of assisting the DAO with research topics, and needs throughout the ecosystem.
We’ve presented work towards groups including DAO Stewards, and have begun to work on research for Crypto Sapiens as a part of their revitalization progress. We have also solidified a partnership between Senad at blabs in order to provide contributor work for the project.
As a result, we’ve gained the motivation to reach out to other parts of the DAO, and parts outside of the DAO to develop partnerships.
We’ve developed partnerships for task management web3 apps including DeWork, Wonderverse, and more to help develop members.
MISSION VALUE & ALIGNMENT
The Guild’s Mission will be to operate as a Support Node for conducting, guiding, and funding research that aligns with the goals and vision of the Bankless DAO.
To achieve these goals, the Research Guild Will:
• Create research bounties
• Track Research Jobs/Opportunities within and outside the DAO
• Fund scope squads and research projects through a grants program
• Write and publish research articles
• Empower Research Work and Talent
Recruitment for projects across the DAO
• Empower new joiners with what they need and fix them into workgroup as they can start writing research papers
We will be presenting a new form of a research self study project that combines “sync” and “async” work with the goal of preparing contributors for research projects that will be needed around the DAO.
This will either use the wonderverse platform, or the crew3 platform for all members inside and out of the guild to enjoy. We will supplement the work completed from this project’s maintenance in the form of bounties used in the guild, and guild coordinape rounds used throwing the season.
We will chronicle our work in weekly/biweekly blog posts that will be able to be minted in mirror.xyz, with potentially revenue coming back into the guild. Having this revenue come back to the guild will aid us in not having to ask for funding in the future.
We will look into having sessions like that which is being planned with Blabs (would have been done), where representatives of Guild or projects with research needs or opportunities are hosted to educate research Guild members about the guild or projects, by doing this, members are enlighten first hand on how research skills can be used in such project or Guild.
We are looking to create more task and bounties which the active members can use to level up their roles from learner level which is the first level of been active in the guild to the practitioner level and finally to the Steward level which is to be among the core contributor of a workgroup in the guild.
The north is going to initiate a governance based workgroup come S8 and the scope of the workgroup we intend to initiate is the ‘Governance Accelerator Program’. Guild members and beyond need to be educated on what governance means and represents in the very least. Members are quite inactive when it comes to governance and our solution to this is this program. It is going to be a season-long activity intensive program that will involve the studying and breakdowns of selected 16 publications (one for each week in the season) by well known authors/Individuals associated with governance. Each week a topic will be selected and provided to potential workgroup members to study and comprehend and a report/doc turned in by members based on their understanding of that week’s article and then a pre-selected meeting hour the entire workgroup meets up to discuss the paper and then cite in-DAO examples where these situations can be applied.
We are also training our active members to learn how to facilitate meetings and how to take note and the task is only open to contributors that have attained the practitioner level or more
For the facilitators we are requesting for 500 BANK per meeting and for the note takings, we are requesting for 500 BANK which makes 1,000 BANK per week. In total we have 16k bank for meeting facilitator and note taking
We are looking at reinventing the members of the month award (MOMA), this time we will be more focused on how effective and impactful the contributors that are being nominated are in the guild. This is to make sure that folks that are hardworking, effective and committed are celebrated. We are adopting a new payment method for the MOMA winner, which will be, sending the payment directly to their wallet address rather than the old method of tipping. MOMA NFT will also be sent alongside the winners. we are proposing 3000 Bank per month in season 8, for the four months, we will have 12000 Bank altogether in season 8
Bounties & Workgroups:
We will look to set aside a moderate budget of 52,640 BANK to provide rewards for contributors who successfully pass our self study courses, carry out research reports, project reports and all other pods bounties as well.
How these funds will be disbursed will depend on the pod (via consensus) responsible for the bounty contribution in the first place.
S7 Budget Summary
S7 total budget was 435,000 BANK
Extra BANK identified in the multi-sigs (ETH & Polygon) from previous seasons:
S7 total allocated funding as of March 8th, 2023 was 219,003 BANK
S7 Anticipated Rollover = 5,332 BANK
S8 BUDGET BREAKDOWN
The salary structure in the Research Guild is as follows; We have four Operational Pods or Winds (The North Wind, East wind, West wind and South wind) Each of these pods has two role holders, the Lead of the pod and their supports.
The payment structure for S8 will be a continued status quo of S7, The leads of each pod receives 20,000 BANK per pay period (A period consists of 4 weeks), while their supports receive 12,000 BANK per pay period.
Since S8 is going to be 16 weeks, hence the data below;
North Wind Lead - 80,000 BANK
North Wind Support - 48,000 BANK
South Wind Lead - 80,000 BANK
South Wind Support - 48,000 BANK
East Wind Lead - 80,000 BANK
East Wind Support - 48,000 BANK
West Wind Lead - 80,000 BANK
West Wind Support - 48,000 BANK
Total Funding/Ask is dependent on our active members, and at the moment we have 27 active members based on data from our recent coordinape backed up by Dework.
Using the formula of; 16x(21,000+770x[active members])
16x(21,000+770x27) = 668,640.
Now as approved by GC we are to minus our expected rollover of 5,332 BANK from our S8 ask of 668,640 BANK
This will give us the amount of 663,308 BANK
Proposed Coordinape Spending is 23,000 BANK per month, For the Four months of S8 this will total up to 92,000 BANK
Note Taking - 500 BANK/Session
Meeting Facilitations - 500 BANK/Session
16,000 BANK for the Season
Role Holder Salaries - 512,000 BANK
Coordinape (23k/Period) - 92,000 BANK
MOMA (Member of the Month Award; 3,000 BANK per period) - 12,000 BANK
Workgroup/Bounties - 52,640 BANK
As at the documenting of this document, the Research Guild has two Multi-sigs (ETH & Polygon). The ETH multi-sig has 263,216 BANK, and the Polygon Multi-sig has 34,116 BANK, giving a total of 297,332 BANK.
Two pay periods for salaries of 128,000 BANK apiece totalling 256,000 BANK, two coordinape payouts of 15,000 BANK apiece totalling 30,000 BANK. Bounty Payouts/Facilitations sum up to 6,000 BANK.
(256,000 + 30,000 + 6000) BANK = 292,000 BANK
Then we minus it from the overall balance (297,332 - 292,000) = 5,332 BANK
Active Members are considered as members who have been able to attend 75% of meetings, and have completed enough tasks to reach the “learner” level of the talent pathway.
We will now follow the Member Based Guild Funding structure in order to reward our members toward contributions to the guild and the DAO, but rather members who have attained “active status”
Now while we do have a large membership base, as at the moment only 27 meet the active membership criteria which involved a Dework onboarding process and as such qualified them for the Season 7 Period 1 coordinape
If this proposal is accepted and funding disbursed, the immediate next step is implementation across board. Basically what we are achieving with this S7 was ensuring that only contributors who are really interested in the growth of the guild and their growth as well get to have a place.
Now while compensations are a good means of reward, the goal is not for it to be the motivation but more of a by-product. So our next steps will be to ensure a more balanced guild of equal proving of worth and this is where each of the pods come in, by ensuring that each of the outlined protocols in place for increased participation is implemented to the latter and this budget will serve as a base catalyst to drive just that.
We hope we have your support for this Season 8 budget proposal
If you decide to vote NO, please a leave a comment detailing your objections - and hopefully we can change your mind.
- Yes, I support this proposal
- No, I do not support this proposal
- I abstain, but understand my vote contributes to quorum