Proposal: Quarterly Financial Transparency Report Author: Howler
Monkz to release a quarterly financial statement including: Treasury funds at the start of the quarter A list of all contributors receiving stipends, with a brief summary of their contributions over the quarter Any major purchases, sales, profits, and operating costs Treasury funds at the end of the quarter The report can be denominated in USD to simplify reporting of recurring payments or expressed in the relevant cryptocurrencies held. Wallet addresses should be provided when appropriate for clarity.
What will it cost: Less than an hour per quarter of someone’s time Benefits to Monkz DAO: Engagement: Transparency reduces information asymmetry that can discourage active participation. Clear financial statements would enable more members to engage confidently in decision-making. Fairness & Clear Expectation Setting: Clear reporting helps prevent misunderstandings around contributor recognition and compensation. Establishing transparent standards enables all members to understand how to request compensation and clearly defines the criteria and expectations that distinguish paid roles from unpaid participation. This approach respects the contributions of both longstanding and new members, while ensuring compensation decisions focus on contribution and community needs. Governance & Resource Allocation: Visibility into treasury status and project spending helps the DAO prioritize initiatives effectively and ensure efficient use of resources. Thank you for your time and consideration.