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Nounish Prof ββ§-β§π©
@nounishprof
If you are a member of a DAO on Nouns.Build we want to get your opinion! A proposal for an escrow approach to paying props using SmartInvoice with a milestone based approach to releasing funds with a prop update. (links to draft prop and more info in replies)
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Nounish Prof ββ§-β§π©
@nounishprof
Link to draft proposal: https://hackmd.io/W7PD5iNtSbex1NLZTNmogw?view Link to discord discussion: https://discord.com/channels/1039595167910477936/1303093766093013043
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Nounish Prof ββ§-β§π©
@nounishprof
pinging a few people -- would love to get your take on this approach and whether or not you think your DAO would use this: @ccarella.eth @toadyhawk.eth @skateboard @derekgtaylor @gami.eth @mikegood @links @goyabean- @itsai @0xsatori and feel free to share with others (maxed tagging)
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Noun 839
@ccarella.eth
I think this makes so much sense for larger projects / grant sizes and much of the grant industry has moved to milestone based funding (see OP Grants Council) and that this will be an important tool for the next DAO bull run where I expect treasuries to get absurdly large again.
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links π΄
@links
Understand the intent behind this but ultimately donβt think I would use it. The release mechanism, as far as I understand is multisig or proposal. In both cases I donβt really see the benefit of escrow - just release funds to multisig or make a new proposal, no escrow needed. Iβm also not a big fan of strict milestone based fundingβ¦it doesnβt make a lot of sense for early-stage teams/products. Often in learning what needs to be done you invalidate milestones and then are incentivized to continue on the path you know to be wrong if the funding method is strict.
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Goyabean ββ¨-β¨
@goyabean-
Based DAO would probably have no use for it...at this time anyhow. However, if it's being added as a second option and isn't replacing the current method of fund disbursement, I think it makes sense to move forward with it. Having more flexibility in how proposals are managed could be useful for many, and adding this functionality could benefit the broader ecosystem
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