Previous discussions can be found here.
Per weekly community call, and further keybase discussions we have identified a way to start a staking cluster without any spenditure of treasury funds.
The bulk of the required collateral will come from community members already holding PAN.
Of the two addresses that need to stake one will be the treasury address; the other will be a community member address. Panvala will distribute any matching grants at the end of the quarter directly from a contract, so while we will need to discuss merits of any potential grant recipients we won’t have the task of distributing any funds.
The only liability for the DAO is that 10,654 PAN (~146.70) will be locked in the treasury for at least one quarter, whereupon members can re-asses if we wish to continue being affiliated with Panvala as a staking cluster.
Please post any questions, comments, or concerns here, and look for a signaling proposal on alchemy in next 24-hours.