Bankless DAO Season 2

Title: Bankless DAO Season 2 Specification Authors: Frogmonkee Created Date: Sept 8th, 2021

SUMMARY

This proposal introduces a specification for Bankless DAO Season 2. If this proposal passes Snapshot, the following details will fall into place:

• Season 2 will start on October 8th, 2021
• Grants Committee will perform a sanity check on affirming projects request for funding directly from the community treasury and requests going to Snapshot, keeping the total funding cap under 5M BANK.
• Grants Committee will perform a sanity check on affirming guild budgets directly from the community treasury and requests going to Snapshot, keeping the total funding cap under 5M BANK
• Transfer 10.5M BANK to the Grants Treasury for Season 2, with 3.5M BANK for contributor rewards and 7M for project funding during Season 2
• In total, the Season 2 budget is capped at 20.5M BANK.

Specification

You can read the full specification here.