Hello,
Thank you very much for your response and adding more information to my previous post.
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Bounty Standards: I stand corrected. Then indeed those could be potentially expanded and further accountability by bounties enforced. I will try to invest some time to review and provide suggestions to further enhance these efforts.
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Bounty Reporting: For instance, the final report from Dot Play and Games bounty did not include any operations and curators budget breakdown. However, I am already addressing this directly with the bounty team.
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Large payouts to curators: An example
UX Bounty Q# Refill Proposal: “To date, we’ve spent ≈162k USD, and yes, most of it went to Ops and curators.” - The honesty is appreciated but it does seem somewhat inefficient.
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Curator profiles: This point is indeed worse for generic referendums than for bounties. Fully agreed.
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Bounty efficiency: Indeed there is no proof for either side as of now. One could even argue that bounties such as event bounty indeed brought a lot of efficiency into their category.
Summary: I think via healthy discussions as the community is showcasing here, we can reach an optimum solution. The reason for voicing of my reservations previously:
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There are existing efforts to increase transparency for bounties - However, if all treasury is to be entrusted to the bounty system, we should be sure we are making the right decision.
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The current bounty system is just status quo - we could expand it with
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RFPs created by community and passed down to bounties to be processed. EF for instance is now moving away from typical grants to mostly RFPs and Wish for Change.
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A threshold for which bounties would need to ask for community opinion before approving a proposal. For instance above $150k.
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RFPs/wish for change by community for new bounty creation(s). (complimentary)
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After the initial proposal - bounties should keep defining their focus and strategy for the upcoming quarter(s) and publish it.
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Accountability of bounties - How can we ensure the money is spent efficiently without needing to wait for bounty closure and report when all the money is already gone? Open question.
I fully agree with comments previously that we need to reduce the overall noise and inefficiency in OpenGov. Bounties could indeed be a way forward, once we have more accountability and (even) more transparency defined.