The Budget Board has considered the budget proposals for councils for Season 8. In addition to providing proposal-level comments, the Budget Board has been made aware of the significant departures from the Collective Rewards Framework. While the Board will consider appropriate updates based on subsequent changes to the operating budget from the time that the framework was last considered, a simple check would be to compare the initial proposed operating budget of 2.3M to the final proposal of 4.44M, as this reflects the OP-ETH conversion difference for the 6-month trailing period vs the entire historical period. The final proposed budget was ~1.93x the initial proposed budget. Applying that to the Collective Rewards Framework would yield ~38,000 as a guide for the Grants Council and Milestone and Metrics Council and > 38,000 for the Security Council and Developer Advisory Board. The relative value of these councils was provided in the prior form of the Framework and may be revisited by the Collective, the Board, and / or the Foundation for comment.
As it stands, however, it is clear that the proposed budgets provide for much higher rewards than even the adjusted figures. The Leads should provide comment for the numbers selected (specifically addressed rather than as part of a subsequent piece of information). The Collective should also consider the average proposed rewards per member of each Council in light of the Framework and commentary on the departures.
Grants Council: proposed ~75,000 per member per season
Developer Advisory Board: proposed ~52,750 per member per season
Security Council: proposed ~53,730 per member per season
Milestone and Metrics: proposed ~66,975 per member per season (prior to consideration of multisig component; ~80,846 per member inclusive of the multisig component; ~98,271 including multisig, bridge and retro)
The leads should comment on this in the budget thread for their proposals.