Abstract

To strengthen cash flow forecasting and enhance financial transparency within the Balancer DAO, this proposal mandates monthly spending reports from all Service Providers and Grantees. Building on the existing standards outlined in [BIP-702], this initiative introduces a structured approach to monthly expenditure reporting. Each SP and Grantee will be required to submit a detailed monthly breakdown of their effective spending through a standardised form. This addition aims to support the DAO’s financial visibility and resource allocation.

Motivation

As the Balancer ecosystem grows, so does the need for precise financial oversight and accountability among SPs and Grantees. Effective monthly spending reports will enable the DAO to manage resources more proactively, aligning them with protocol goals and ensuring financial stability. Additionally, this requirement complements the DAO Financial Reporting activities undertaken by karpatkey, as stipulated in [BIP-648], providing them with consistent, up-to-date data on spending patterns across the ecosystem. By enforcing this accountability standard, Balancer DAO seeks to protect the ecosystem’s resilience and support its ongoing growth in a data-informed, transparent manner.

Specification

Under this proposal, SPs and Grantees will be required to submit a monthly breakdown of their effective spending. The report will adhere to the following specifications:

Monthly Reporting

• SPs and Grantees are required to submit their monthly expenditure reports during the first week of every month, covering spending from the previous month.
• A standardised reporting form will be provided to streamline submissions. This form will include all necessary details about data storage, retention, and management.

Transparency and Public Reporting

• Aggregated insights from the submitted reports will be published monthly to provide the community with an overview of ecosystem-wide spending trends.
• Individual reports will remain confidential and will not be shared unless specifically authorized by the respective SP or Grantee.

Enhanced Financial Oversight

• The aggregated data will form the basis of financial updates shared with the community. This initiative aims to ensure transparency, accountability, and alignment with DAO goals.