Hi all, I was reading the funding proposal for the Power team:
The Power protocol development team requires 10,000 Waves per month to ensure uninterrupted progress in developing the protocol. We propose a payment of 0.25 Waves per block, as long as the team adheres to the following roadmap:
- Waves DAO’s first settlement execution.
- Continuous distribution of $Power tokens to Waves miners who voted for Feature 19, along with the implementation of voting functionality specifically for them.
- Finalization of the Mother DAO functionality, including dispute resolution in child DAOs.
- Onboarding and providing support to new users through social media platforms.
The funding can be halted through a new voting process. In exchange, Waves DAO will receive staked $Power tokens, which will be donated to the treasury based on the current $Power price in Waves. These tokens can be utilized by Waves DAO according to its governance process, without any restriction.
Let’s review a bit the roadmap:
- I think this point has been completed.
- Is this automated? Or is it a recurring manual action?
- I think this has been completed.
- This is a recurring activity on Telegram, so the funding should continue.
Therefore, I suggest suspending funding (120k waves per year) and reevaluate the funding points with team for the recurring jobs and switching to a funding-per-requirement model.
Thoughts?