Should the DAO Require Monthly Financial Reports From Grantees?

by 0x2ae9070b029d05d8e6516aec0475002c53595a9d (CheddarQueso)

I would like to open up the discussion around a new requirement for grantees to submit financial reports in their monthly updates.

I believe a monthly financial statement detailing how much money has been released, and a basic accounting of all expenses would be a simple and elementary requirement that would shed light and provide much needed data as to the impact of each grant.

If the community supports this initiative, I will draft a detailed proposal that will include a template, with input from the, GSS, DAO Committee, Governance Squad and current grantees.

Should grantees be required to submit monthly financial reports? What information should be included? What are some pros and cons of this new requirement? Should receipts/screenshots/invoices be provided for off-chain payments?

What are your thoughts?

The goal of any proposal that arises from this open discussion is to increase accountability, transparency, and fiscal responsibility, without adding unnecessary blockers or complicating the work of grantees and the GSS. I would like to place special emphasis on working with all stakeholders to improve our current processes and not discredit the work that has already been done.

Thank you in advance for taking the time to be a part of this conversation.

• Yes, require monthly financial reports.
• No, do not require monthly reports.
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp