WIP 1: Community Projects Royalty Fee

Returning Value to the Community Treasury

Abstract

Income generating projects funded by the community treasury should return a portion of earnings back to the community. Originally polled in Discourse with 24 voters, 30% in the lead - too small of sample size to go into Yes, No, Abstain so will push this live with Single Vote: 20, 30, 40% No or Abstain.

This proposal is not intended to force all projects to be income generating.

Motivation

Creating a more sustainable treasury is key to the success of the project. This will allow the community to continue funding more interesting projects and potentially grow the treasury past it currents value!

Rationale

Projects developing within the WAGDIE ecosystem are benefitting from the work done by the team as well as the community. Direct funding of community projects also enables builders to offset risk and recoup development costs prior to launch.

The value added for building on top of WAGDIE warrants a return of a portion of earnings back to the treasury.

Specifications

Proposals with earnings potential will agree to share at least the minimum agree upon percentage with the treasury. This can be accomplished using on-chain methods (i.e. splitter code in smart contracts) or through off-chain agreements.

Steps to Implement

Decide on if there should be a minimum split between project builder and treasury. Snapshot vote to codify this amount Create framework to provide projects and approved implementations.

Timeline

This proposal is mostly policy based and can be implemented right away if it passes.

Overal Cost - 0 USDC cost.