See Discussion link below for full post and conversation around this Grant Request
This grant application is the second grant within the existing Yam Design Studio Silo. For this grant the Design Studio intends to change from a monthly to a quarterly grant period.
The purpose of the quarterly grant is to streamline the process on long-term and or ongoing Silo projects. The desired effect is a lighter governance load so both silo participants and token holders are less bogged down in unneeded governance processes.
This quarterly (3 month) grant request serves as a funding container. It will work as follows:
Besides the reduced management overhead, the advantage to the silo structure is that it provides a high level of flexibility for the silo participants to manage their own time and project. The idea is to avoid participant burn out, apathy or abandonment of projects through striking a balance between freedom and accountability. Flexible hourly commitments can encourage long-term participant involvement while providing a mechanism that allows for payment of the work the participant is able to provide each given pay period.
Yam Super Site
Yam Re-Org Social
Branding Graphics for Grant Application
Yam Re-Org Campaign
Complementary Initiatives:
Total amount to be split 70% in USDC and 30% in YAM at the 30-day TWAP price on the first day of the month after the month for which compensation is being requested.