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CityDAOCityDAOby0x944Fd37C2a46A3ad6B5EE11f7e26035Ed2F1E4FE0x944F…E4FE

CIP-124 Q4 Funding

Voting ended over 3 years agoFailed

SIMPLE SUMMARY

Q4 is fast approaching and no budget or mechanism allocated to pay contributors during that period exists. Q3 included a lot of restructuring and clarity was gained via an approved vote a short 7 weeks ago (July 24). Planning Guild is working on Charter amendments to address future structure and budgets, but until those are in place and approved by the DAO, we risk some level of disorder on October 1st. Extending the Q3 Funding period, with some alterations below, appears to be a simple strategy to keep core functions and Guild projects ongoing, while limiting the amount of confusion associated with a more complex structure and budget for Q4.

SPECIFICATION

Extend the funding period included in the passed CIP-69 Q3 Guild Structure and Budget 6 to include the period from October 1, 2022 to December 31, 2022 with the following alterations:

  1. Facilitators will continue to work in their current positions, unless they’ve stepped down from a role.
  2. The Planning and Operations Guild shall: - Maintain operations functions related to communication channels. - Revise and implement improved Charter and processes, with specific focus on clarifying and automating governance structures. The Charter should be posted and easily navigable once complete and approved by the DAO. - Make efforts visible to the community, provide regular status updates and shall hold a weekly call.
  3. Discontinue the use of NFTs as Facilitator compensation.
  4. Guild Safes will utilize unused USDC and NFTs from Q3 for Q4 operational costs.
  5. USDC and NFT’s remaining in Guild Safes on January 1, 2023 will be used to credit Q1 2023 funding budgets for each guild, if any is proposed.
  6. Should a Guild not plan to exist in Q1, 2023, all funds will be sent to the Treasury: 0x60e7343205C9C88788a22C40030d35f9370d302D

An APPROVE vote would mean you approve an extension of the Q3 Funding period as amended above.

A REJECT vote would mean you reject an extension of funding.

Quorum is 500 Citizen NFTs as this CIP involves more than $10,000. Snapshot currently shows quorum incorrectly since we've moved to quadratic voting. Quorum will be calculated by counting each Citizen NFT after the results.

Polis Conversation Report: https://pol.is/report/r93bsr9mwv34rcr2aezhu

Off-Chain Vote

APPROVE
271 CITIZEN98.5%
REJECT
4 CITIZEN1.5%
Quorum:55%
Download mobile app to vote

Discussion

CityDAOCIP-124 Q4 Funding

Timeline

Sep 20, 2022Proposal created
Sep 20, 2022Proposal vote started
Sep 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated