Following the concept of Legislation through WFCs and leaning into the discussion of Improvements for Bounty Transparency, I want to put forward a compliance standard for bounties.
I am putting this up for discussion here for 2 weeks and will put it to a WFC vote once the draft is stable. The latest version is available here: Bounty Standards - HackMD
Bounty Standards
This document lays out standards that shall apply to all bounties funded through Polkadot OpenGov. It defines how these entities evolve and how they handle budgeting, transparency, and compliance.
1. Bounty Scope and Operations
- Bounties shall have a clearly defined scope and list of objectives by which their success can be judged by the community. Existing bounties have a 3-month grace period to define this and get it approved via a WFC proposal.
- Funds may only spent within the boundaries of the defined scope and objectives.
- Any change in scope or change to the curator team has to be approved by a WFC referendum.
- Bounties shall have a 3-month grace period from the beginning of the bounty to set up operations. If after 3 months no activities happen in the bounty, the community may request the bounty to shut down or be changed.
2. Funding
- Bounties may request a maximum of one top-up per quarter.
- Funding requests have to include a budget for how it intends to use the funds, as well as any required transparency reports up to the time of the request.
- A top-up request has to be put up for discussion in any of the established governance platforms or the Polkadot forum for at least 2 weeks before it is put to a vote.
3. Transparency
Bounties are required to provide the following materials for transparency:
- Overview Page/Website
- Scope and Objectives
- Main contact point
- Link to a public chat room, forum, or similar where curators are regularly available
- A list of all current curators, with a contact point for each
- Links to all progress reports and all other transparency materials
- Links to relevant documentation
- Table of Child Bounties with status, name, description, amount, beneficiary username, beneficiary address, evidence, justification signed off by a curator
- Monthly written report posted to the Governance section of the Polkadot Forum, signed off by at least one curator
- Current status of projects
- Current bounty balance
- Current plans
- Notable changes to scope, curation team, operations…
- Quarterly financial statement
- Balance
- Income and Expenses
- Summary of curator payments
- Summary of payments by recipient
- available in an open format (XLSX, CSV or similar)
- Child Bounty descriptions in Subsquare/Polkassembly that contain the same information as defined in the child bounty table
4. Curators
- Payments to curators are only allowed once the first deliverables are done.
- Curators may not sign payments for work that they have executed.
- Curators have to publicly declare and document any conflicts of interest that come up during their duty.
- Curators have to report any misbehavior or other issues that conflict with the effective and efficient operation of the bounty.