<aside> 🤝

GC must get DAO consensus on compensation changes

</aside>

There is no single canonical place that documents GC contributor compensation.

• The Constitution does not mention Grants Committee funding
• The Seasonal Spec from S5 is the last time GC funding was mentioned on Snapshot
  • it lists 50K per GC review and 75K per GC lead, with a 250K seasonal coordinape, 1K BANK/wk for accounting bounties and 1K BANK/wk for audio recording bounties (for a 13 week season)
• This forum post changes the calculation from seasonal to weekly
  • Each member: 3,846 $BANK/week
  • Leads: 6,250 $BANK/week

Current Seasonal Funding Formula

GC Seasonal Funding =

weeks in season * (

5 * 3,846 +

2 * 6,250 +

1,000 +

1,000

 )  +

250, 000 BANK

An example in a spreadsheet here: https://docs.google.com/spreadsheets/d/1WJwXWiNaqR6cDXuVJxqI0VZ73bryaRRG6kOzxPs_-6Q/edit#gid=1028706302