Simple micro-grants proposal round 2


There were multiple discussions in Discord regarding having a grants program to reward community members for their contributions. Often these discussions ended up pointing towards the difficulty of structuring the program and the need for a council/sub-DAO in charge of the grants.

The complexity and debates related to having a formal multi-year grants program led the community to consider a simple and easy to manage micro-grants program.


Simple micro-grants program that would be ran directly on Discord with the bot.
The micro-grants program will be running for a test period of 3 months and would be structured as follows:

  1. One or two community members will be in charge of the micro-grants and would handle them through the Discord bot - let’s call them Program Managers
  2. The micro-grants program would have a maximum monthly budget of $15 000 in USF, unspent tokens will be rolled over into the next month’s budget while keeping the monthly maximum of $15 000 in USF
  3. Program Managers decide to put bounties and verify that work is delivered as expected + transfer the rewards
  4. Program Managers are awarded 15% of the bounties that is split as follows: 10% based on rewards/grants attributed and 5% quality of the grants/rewards/delivery to be voted over by the DAO members every 3 months

If interested, nominate yourself with a few lines explaining why you would like to be the chosen one :slight_smile:

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Hi, Mainbrain_ here. Hopefully people know me from the USF discord for answering questions in #general-chat and in #-usf-utility-wg working to get USF emissions as low as possible. Recently known as the brain who wants to reduce USF emissions to zero with various proposals such as proposal to use Olympus Pro Bonds and Olympus Pro Bonds Final Push . With 1287 messages in the USF discord, it should be evident that I have USF’s best interest at heart and want to see it succeed.

Some other qualifications to be aware of: Won the position for season 1’s micro-grants. Accountability of all the funds spent, is available here: Discord
TLDR; on the funds. Spend about 1/3rd of the total funds.

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I think we can push this one for a vote :slight_smile:

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Microgrants proposal is now live. Snapshot