RIP-7: Treasury Allocation Q4 2022

SUMMARY: This proposal will seek to create a breakdown to deploy Community treasury funds responsibly for high-priority items for the Q4 2022 timeframe (October 1st 2022- December 31st 2022). 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: Q3 2022 saw a stepwise increase in numbers of contributors, namely on the marketing front. The Q4 2022 budget will primarily focus on supporting community and lead contributors for marketing, general content creation and providing remuneration for the upcoming hackathon.

PROPOSAL: We propose to have the following high level breakdown of assets in the treasury with a budget of 2.5 million RSC for Q4 2022. All percentages/amounts are the maximum percent that can be allocated for that category:

50% (1.25M RSC) - community, editor and leads bounties

• 810K RSC (maximum for Q4) for Community lead, WG lead and moderator monthly salary (9 people total). This includes operations, governance, coordinating partnerships, moderation and overall organization.
• 150K RSC (maximum for Q4) for a graphic designer (RSC distribution on a per project basis, 1 person). This includes youtube video editing, general animations, instructional videos on how to use the ResearchHub platform
• 290K RSC for community and editor bounties. These tasks can vary and will generally be paid out through Dework on a task to task basis.

25% (625K RSC) partnerships - This can include partnerships with other DAOs, Research Organizations and Journals for potential token swaps and compensation for journals/research organizations in return for their contributions in the partnership

25% (625K RSC) general marketing and community events - This can include events such as AMAs, YouTube content creation, journal clubs, online conferences and hackathons.

ACTION: For the Q4 2022 timeframe, we will deploy treasury assets in a flexible manner that adheres to the above percentages. In addition, if any situations arise, we (Community and Working Group 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.