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ResearchHubResearchHubby0x29E46015cCFe13cfe8dC96D75760a6290dF311Eejeffreykoury.eth

RIP-10: Treasury Allocation Q2 2023

Voting ended almost 3 years agoSucceeded

SUMMARY: This proposal will seek to create a breakdown to deploy community treasury funds responsibly for high-priority items for the Q2 2023 timeframe (April 1st 2023- June 30th 2023). In order to prevent congestion by posting numerous proposals, improve the pace of execution and remain flexible with our strategies, we propose to allow the community leaders to deploy funds in a responsible manner that adheres to the percentages outlined below.

MOTIVATION: The Q2 2023 budget will primarily focus on supporting community and lead contributors for general content creation, partnerships, grant submissions, open source developer contribution and more.

PROPOSAL: We propose to have the following high level breakdown of assets in the treasury with a budget of 2.5 million RSC for Q2 2023. All percentages/amounts are the maximum percent that can be allocated for that category :

  • 50% (1.25M RSC) - community leads bounties - (maximum for Q2) for Community Leads monthly salary. This includes operations, governance, coordinating partnerships, moderation, marketing & events, growth and overall organization.
  • 25% (625K RSC) Open Source Developer compensation - These will be used to compensate open source developers in completing bounties as they pertain to open issues on the ResearchHub Github. This includes payments to any working group members associated with these events.
  • 25% (625K RSC) general marketing and community events - This can include events such as AMAs, Youtube content creation, journal clubs, online conferences and hackathons. This includes payments to any working group members associated with these events.

ACTION: For the Q2 2023 timeframe, we will deploy treasury assets in a flexible manner that adheres to the above percentages. In addition, if any situations arise, we (Community Leads) ask to be able to deviate from these percentages in a responsible manner. A new treasury allocation proposal will be submitted each quarter to reflect the intentions for deploying funds for that period of time. All leftover funds from previous and current budget proposals will be earmarked as “reserves” and will remain in the community treasury going forward. These reserves can be used to cover any costs for future projects/expenses contingent on approval from a governance vote.

Off-Chain Vote

Approve
2.27M RSC100%
Reject
0 RSC0%
Abstain
0 RSC0%
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Timeline

Apr 07, 2023Proposal created
Apr 07, 2023Proposal vote started
Apr 10, 2023Proposal vote ended
Oct 26, 2023Proposal updated