Hi CENNZnet Grantee teams and community
In the past couple of months CENNZnet Grants DAO has seen a over 20k worth of Dai and CENNZ rewarded to 3 community projects and individual contributing representatives.
Up until now REP distribution schedule wasn’t discussed or formulated. REP distribution in DAOs is very important to consider, carefully put and improve overtime in order to support the aims and visions of the DAO.
At the first stage, CENNZnet Grants DAO REP was allocated to a small committee of Centrality trusted members. Those include CxOs and project leads.
In order to progress toward increased weight in decision making process, I propose the following REP distribution schedule:
Proposals worth >2000 Dai: Representatives are encouraged to request 25REP units with their proposals. Up to once a month.
Proposals worth <2000 Dai: Representatives are encouraged to request 15REP units with their proposals. Up to once a month.
Please respond with your comments and questions should you have any.