I want to share how I see the Treasury evolving with respect to OpenGov and many of the challenges that people have been facing in the last year. Many of these problems have been listed in other threads, but I’m starting a new one to try to generalize some of these and offer a more holistic approach…

[image] joepetrowski: From the point of view of the main Treasury, it can of course award large tranches to the “system collectives”, but also to any other collective that makes a proposal with its origin-controlled accounts as beneficiary. in terms of the stablecoins required for these treas…

[image] joepetrowski: “fund the Ambassador Program for one year”, Funding sub-treasuries with yearly (or just “big” budgets may lead to undesired side effects, as the influx to the main Treasury happens continuously. What about deprecating the main treasury entirely and replacing it with a w…

I think funding something by default is a big precedent and should take a long track record of stakeholder approval of that group. And there should always be a “public” (main) Treasury that people can go to to get a proposal approved (basically an appeal if their proposal with the smaller collective…

[image] brenzi: Funding sub-treasuries with yearly (or just “big” budgets may lead to undesired side effects, as the influx to the main Treasury happens continuously. at some point, performance of spend by collectives will become a requirement to ensure sustainability of funding for the main …

[image] joepetrowski: Other collectives that I’ve heard discussed are (by no means exhaustive): Parachain Technical Fellowship Ambassador Program Polkadot Media Anti-Scam Team Each of these collectives could have its own Treasury that it manages via its collective origins. Ok @joe , given t…

[image] sourabhniyogi: Can we have a short “here’s what you need to do if you want to set up your { Polkadot Media, Core Data/Analytics Infra, RPC Infra, Anti-Scam … } Collective” from you? Indeed you can: RFC-12 .

@joepetrowski I agree with one side of this and not the other. The idea of sub-treasuries is great. It cuts noise - as a voter can filter by what they care about. It also allows us to set separate parameters for each subtreasury. For instance, different burn rates depending on how hot we want to r…

[image] polka.dom: I also agree with @brenzi that the funds allocated to each subtreasury should be consistent and percentage based. It’s simple, and leans into the continuity that only a system as expressive as blockchain can provide. Yeah, I’ve come around to this idea of just allocating so…

[image] joepetrowski: It does not cut into the granularity of the voting system My thought here is based off the idea that a voting system is an attempt to approximate it’s constituents aggregate will (let me know if that’s not agreeable). A republic is a crude, dull knifed, attempt at this, …

[image] Barakion: No one and I mean no one is universally knowledgeable in all subject matters A sufficiently big population is, yes. But that being said, I think we align, but are just coming at this from different angles. I fully suspect that, given time, delegated democracy will position c…

Collective-Based, Multi-Asset Treasuries

Governance

joepetrowski November 18, 2023, 5:53am 13

Indeed you can: RFC-12.

Polkadot Builder Collective

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Collective-Based, Multi-Asset Treasuries

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