# Bounty Best Practices **URL:** \ **Category:** Governance\ **Tags:** guide\ **Created:** [March 7, 2025, 5:21pm UTC](https://forum.polkadot.network/t/bounty-best-practices/12030 "2025-03-07T17:21:54Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![alice\_und\_bob](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.polkadot.network/alice_und_bob/32/10098_2.png) [@alice\_und\_bob](https://forum.polkadot.network/u/alice_und_bob)\ **Post date:** [March 7, 2025, 5:21pm UTC](https://forum.polkadot.network/t/bounty-best-practices/12030/1 "2025-03-07T17:21:54Z")
Bounties have become Polkadot DAO departments with significant responsibilities and mandates. In the year 2024, 21 bounties have together spent 24m USD. They are complex operations that fulfill important functions like marketing, DeFi onboarding, events, security auditing, running infra, etc… Over the years, the existing curators have accumulated relevant institutional knowledge that we have condensed into a best practices guide. This guide is the result of our experience as OpenGov.Watch having been part of 3 bounties so far and from conversations with dozens of other curators. How to start the bounty? How to manage it? How to handle risks and responsibilities. Check it out here: > **[Bounties: Best Practices | OpenGov.Watch](https://www.opengov.watch/guides/bounty_best_practices)** > > This guide outlines the key elements of running a bounty on Polkadot, covering how to get a bounty started, set up internal operations (including roles, compensation, and multisig structures), manage budgets and projects, and handle transactions. It... We will keep updating the guide, so feel free to provide any kind of feedback.