[Ideation] SCP-181 DFC Alternate Expansion & Gk as Initiate Alternate DFC Member

Abstract:

To accommodate the expanded responsibilities of the DFC and to manage occasional member absences, we propose adapting our framework to include an alternate member role. This role ensures uninterrupted governance by stepping in as required.

Summary:

This proposal introduces an alternate member role to the DAO Finance Committee (DFC) to ensure governance continuity, outlines a tailored compensation scheme, and specifies procedures for electing or removing an alternate member.

Motivation:

The increasing workload of the DFC, combined with the community’s demand for continuous and robust governance, highlights the necessity for an alternate member who can maintain the effectiveness of our financial governance during regular member absences.

Specification:

Alternate Member Role: Introduce a role for an alternate member who steps in under specific conditions to ensure governance continuity. Compensation for Alternate Member: The alternate member will receive compensation equivalent to 1/30th of the standard DFC compensation for each day they actively serve. Giantkin (Gk) as Initiate Alternate DFC Member: Gk is the logical choice, as he is stepping down from his DFC member responsibilities but will still be in attendance (partly from other DAO obligations, mostly due to genuine interest). Procedures for Electing or Removing an Alternate:

Governance Action: Any DAO member can propose a governance action to either remove the current alternate or remove and nominate a new alternate. This ensures community involvement in the selection process.

DFC Vote for Removal: The removal of an alternate can be initiated by a majority vote within the DFC. However, the DFC does not have the authority to appoint a new alternate directly.

Nomination for New Alternate: Following a removal, the Tokenomics workstream leader will request nominations/recommendations/applications for the alternate role, create a forum post / ideation process that is open to community nomination, ensuring transparency.

Conditions for Activation:

Steps in when the DFC fails to achieve a quorum.

Steps in during predetermined leaves of absence of any DFC member.

Benefits:

Operational Continuity: Ensures the DFC maintains operational capacity and efficiency, continuing DFC functions without interruptions. Flexibility and Adaptability: Responds dynamically to planned absences, keeping the decision-making process robust. Drawbacks:

Potential Underutilization: May lead to inefficiencies if the alternate role is seldom utilized. Compensation Limitation: Alternates are uncompensated unless activated, yet are expected to stay informed and attend over 50% of meetings if possible. Vote:

For: Supporting the creation of the alternate role and confirming Gk as the initial alternate.

For with Changes: Supporting the creation of the alternate role with suggested amendments.

Against: Opposing the creation of the alternate role.