Procedure to revoke a grant

by 0x858343382132b9ab46c857a7d52fdbafc039f784 (Zino)

DESCRIPTION

One of the Grant Support Squad’s goals is to guarantee the effectiveness of the Grants Program, holding grantees accountable for their projects, and signaling to the DAO if a vesting contract needs to be revoked.

After 2 months of working closely with Decentraland grantees, our Grant Support Squad has detected some /“practices that raise concerns”/ regarding some of the projects´ health. When the grantee does not comply with the basic terms and conditions of the Grants program, it is defined that the grant must be revoked. However, there are other practices not yet defined in the terms and conditions which have raised concerns. We’d like to open up the discussion and ask the community to make sure we guarantee an efficient use of the community treasury, with your input.

Some concerns raised so far include:

• When it is impossible for us to have real contact with the Grantee during the 30 days after the grant request was approved by the DAO.

• When the Grantee doesn’t make the official update on the proposal page.

• When Grantees are reluctant to interact with the community (no discord participation, no updates, no response in any channel of communication).

• When the use of the budget and the project have inconsistencies.

• When it’s not clear who is managing the funds.

• When there’s suspicion of a grantee taking advantage of the intellectual property of a third party.

• When the project is not making progress or the deliverables don’t match the allocated budget.

• When fellow community members raise concerns (publicly or privately) of misuse of grant funds or poor ethics.

• When the project is already getting financial support from the Decentraland Foundation.

• When the grantee has not released the funds vested after 2 months the vesting contract was enacted.

POLL: Decide the best procedure to revoke a grant?

• Community Decides: Present each case with our arguments and recommendations to the Community and ask if the Grant should be revoked.

• DAO committee decides: Present each case with our arguments and recommendations for the DAO Committee to decide if the grant should be revoked.

• New committee decides: Present each case with our arguments and recommendations and assign the responsibility to decide to a NEW Committee which specifically addresses these matters.

• Do nothing.

We’d love to hear your opinion regarding the decision making on these types of concerns. Let us know in the comments and we’d be happy to discuss them in more detail.

• Community decides
• DAO committee decides
• New committee decides
• Do nothing
• Invalid question/options

Vote on this proposal on the Decentraland DAO