Hi everyone! - I’ve been receiving questions about the rolling mission request approvals and wanted to clarify a few things:
- The Grants Council should consider all requests for Sponsorship but does not have to accept any of those requests. Providing feedback on all proposed ideas would create an onerous review process to be conducted in addition to the grant review process they already run. The Grants Council was required to run grants processes for Mission Requests they didn’t sponsor in S5 and it creates a principle-agent problem, which is why they ultimately have the discretion to choose which Mission Requests move to a vote.
- The Mission Requests proposed by the Grants Council were also subject to rank voting among Council members, which prevents any member from unilaterally moving a Mission Request to a vote. Votes linked here: Voting Cycle Roundup #27 - #3 by Gonna.eth
- All Mission Requests must be approval ranked / approved by the Token House, meaning ultimate authority still remains with the Token House. If you suspect any Mission Request is not in the best interest of the Collective, don’t approve it and comment with your concerns on the proposal forum post.
- Members of the Grants Council will NOT be allowed to approve their own Mission Request proposals. This is different than the exception to the standard policy we made in the past, but I think is necessary as an additional measure against any self-dealing (and is consistent with our standard policy for all proposals outlined in the Optimist Expectations.)
- Teams are chosen by the Grants Council, and Grants Council members are required to abstain from voting on any Mission Applications they are conflicted on. All applications are reviewed by 6 different reviewers, which further limits self-dealing. In the future, we could consider preventing members (and affiliates) of the Grants Council from applying to a proposal they personally authored.
- If you ever suspect self-dealing among representatives (Council members), please refer to the “representative removal” proposal type outlined in the Operating Manual.