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ideas and guidnace, not requirements

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Skylar Saveland 2024-07-05 11:25:09 -07:00
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draft-nuttycom-funding-allocation.html
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@ -103,7 +103,7 @@ Pull-Request: &lt;<a href="https://github.com/zcash/zips/pull/866">https://githu
</ol> </ol>
</section> </section>
<section id="guidance-on-future-requirements-for-alternative-1"><h4><span class="section-heading">Guidance on Future Requirements for Alternative 1</span><span class="section-anchor"> <a rel="bookmark" href="#guidance-on-future-requirements-for-alternative-1"><img width="24" height="24" class="section-anchor" src="assets/images/section-anchor.png" alt=""></a></span></h4> <section id="guidance-on-future-requirements-for-alternative-1"><h4><span class="section-heading">Guidance on Future Requirements for Alternative 1</span><span class="section-anchor"> <a rel="bookmark" href="#guidance-on-future-requirements-for-alternative-1"><img width="24" height="24" class="section-anchor" src="assets/images/section-anchor.png" alt=""></a></span></h4>
<p>To support the motivations outlined, the following guidance is proposed for Alternative 1. Future ZIP(s) will define the disbursement mechanism. These are suggestions to achieve the outlined motivations that should be considered in those future ZIP(s):</p> <p>To support the motivations outlined, the following guidance is proposed for Alternative 1. Future ZIP(s) will define the disbursement mechanism. These are suggestions to achieve the outlined motivations and should be considered in those future ZIP(s). It is important to note that these are ideas and guidance, not hard, enforceable requirements:</p>
<ol type="1"> <ol type="1">
<li><strong>Cap on Grants</strong>: Grants should be capped to promote more granular accountability and incremental goal-setting. This approach ensures that projects are required to define their work, goals, milestones, KPIs, and achievements in smaller, more manageable increments. Even if a single project is utilizing significant funds quickly, the cap ensures that progress is continuously evaluated and approved based on tangible results and alignment with community priorities.</li> <li><strong>Cap on Grants</strong>: Grants should be capped to promote more granular accountability and incremental goal-setting. This approach ensures that projects are required to define their work, goals, milestones, KPIs, and achievements in smaller, more manageable increments. Even if a single project is utilizing significant funds quickly, the cap ensures that progress is continuously evaluated and approved based on tangible results and alignment with community priorities.</li>
<li><strong>Decentralized Disbursement Mechanism</strong>: The disbursement mechanism should be sufficiently decentralized to ensure the regulatory motivations are fulfilled. A decentralized mechanism could reduce the need for recipients to undergo KYC with a controlling party, preserving privacy and aligning with the ethos of the Zcash project.</li> <li><strong>Decentralized Disbursement Mechanism</strong>: The disbursement mechanism should be sufficiently decentralized to ensure the regulatory motivations are fulfilled. A decentralized mechanism could reduce the need for recipients to undergo KYC with a controlling party, preserving privacy and aligning with the ethos of the Zcash project.</li>
@ -181,7 +181,7 @@ Pull-Request: &lt;<a href="https://github.com/zcash/zips/pull/866">https://githu
<li>ZCG Committee members SHALL have a one-year term and MAY sit for reelection. The ZCG Committee is subject to the same conflict of interest policy that governs the FPF Board of Directors (i.e. they MUST recuse themselves when voting on proposals where they have a financial interest). At most one person with association with the BP/ECC, at most one person with association with the ZF, and at most one person with association with FPF are allowed to sit on the ZCG Committee. “Association” here means: having a financial interest, full-time employment, being an officer, being a director, or having an immediate family relationship with any of the above. The ZF SHALL continue to operate the Community Advisory Panel and SHOULD work toward making it more representative and independent (more on that below). Similarly, FPF should also endeavor to establish its own means of collecting community sentiment for the purpose of administering ZCG elections.</li> <li>ZCG Committee members SHALL have a one-year term and MAY sit for reelection. The ZCG Committee is subject to the same conflict of interest policy that governs the FPF Board of Directors (i.e. they MUST recuse themselves when voting on proposals where they have a financial interest). At most one person with association with the BP/ECC, at most one person with association with the ZF, and at most one person with association with FPF are allowed to sit on the ZCG Committee. “Association” here means: having a financial interest, full-time employment, being an officer, being a director, or having an immediate family relationship with any of the above. The ZF SHALL continue to operate the Community Advisory Panel and SHOULD work toward making it more representative and independent (more on that below). Similarly, FPF should also endeavor to establish its own means of collecting community sentiment for the purpose of administering ZCG elections.</li>
<li>A portion of the ZCG Slice shall be allocated to a Discretionary Budget, which may be disbursed for expenses reasonably related to the administration of the ZCG program. The amount of funds allocated to the Discretionary Budget SHALL be decided by the ZF’s Community Advisory Panel or successor process. Any disbursement of funds from the Discretionary Budget MUST be approved by the ZCG Committee. Expenses related to the administration of the ZCG program include, without limitation the following: <li>A portion of the ZCG Slice shall be allocated to a Discretionary Budget, which may be disbursed for expenses reasonably related to the administration of the ZCG program. The amount of funds allocated to the Discretionary Budget SHALL be decided by the ZF’s Community Advisory Panel or successor process. Any disbursement of funds from the Discretionary Budget MUST be approved by the ZCG Committee. Expenses related to the administration of the ZCG program include, without limitation the following:
<div> <div>
<h1>System Message: ERROR/3 (draft-nuttycom-funding-allocation.rst line 502)</h1> <h1>System Message: ERROR/3 (draft-nuttycom-funding-allocation.rst line 503)</h1>
<p>Unexpected indentation.</p> <p>Unexpected indentation.</p>
</div> </div>
<ul> <ul>
@ -209,14 +209,14 @@ Pull-Request: &lt;<a href="https://github.com/zcash/zips/pull/866">https://githu
<section id="transparency-and-accountability"><h3><span class="section-heading">Transparency and Accountability</span><span class="section-anchor"> <a rel="bookmark" href="#transparency-and-accountability"><img width="24" height="24" class="section-anchor" src="assets/images/section-anchor.png" alt=""></a></span></h3> <section id="transparency-and-accountability"><h3><span class="section-heading">Transparency and Accountability</span><span class="section-anchor"> <a rel="bookmark" href="#transparency-and-accountability"><img width="24" height="24" class="section-anchor" src="assets/images/section-anchor.png" alt=""></a></span></h3>
<p>FPF MUST accept the following obligations in this section on behalf of ZCG: * Publication of the ZCG Dashboard, providing a snapshot of ZCG’s current</p> <p>FPF MUST accept the following obligations in this section on behalf of ZCG: * Publication of the ZCG Dashboard, providing a snapshot of ZCG’s current</p>
<div> <div>
<h1>System Message: ERROR/3 (draft-nuttycom-funding-allocation.rst line 576)</h1> <h1>System Message: ERROR/3 (draft-nuttycom-funding-allocation.rst line 577)</h1>
<p>Unexpected indentation.</p> <p>Unexpected indentation.</p>
</div> </div>
<blockquote> <blockquote>
<p>financials and any disbursements made to grantees.</p> <p>financials and any disbursements made to grantees.</p>
</blockquote> </blockquote>
<div> <div>
<h1>System Message: WARNING/2 (draft-nuttycom-funding-allocation.rst line 577)</h1> <h1>System Message: WARNING/2 (draft-nuttycom-funding-allocation.rst line 578)</h1>
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</div> </div>
<ul> <ul>

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draft-nuttycom-funding-allocation.rst
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@ -300,9 +300,10 @@ Guidance on Future Requirements for Alternative 1
''''''''''''''''''''''''''''''''''''''''''''''''' '''''''''''''''''''''''''''''''''''''''''''''''''
To support the motivations outlined, the following guidance is proposed for To support the motivations outlined, the following guidance is proposed for
Alternative 1. Future ZIP(s) will define the disbursement mechanism. These Alternative 1. Future ZIP(s) will define the disbursement mechanism. These are
are suggestions to achieve the outlined motivations that should be considered suggestions to achieve the outlined motivations and should be considered in
in those future ZIP(s): those future ZIP(s). It is important to note that these are ideas and guidance,
not hard, enforceable requirements:
1. **Cap on Grants**: Grants should be capped to promote more granular 1. **Cap on Grants**: Grants should be capped to promote more granular
accountability and incremental goal-setting. This approach ensures that accountability and incremental goal-setting. This approach ensures that