a collective funding mechanism for +170 Ethereum L1 R&D maintainers 🌿 stewarding our commons infra


the @protocolguild playbook:

1. create list of active maintainers + their start date
2. put list+weights onchain, update every 3 months
3. use list for fundraising, vest over 4 years

simple but powerful

* core protocol consigliere @ Ethereum Foundation
* funding core devs with @protocolguild (member)
* creating artifacts @ Stateful Works

we use time_weight = SQRT((start_date - months_inactive) * full_or_part_time)

simplest proxy for "value to commons/impact/local knowledge", doesn't require overbearing evaluation tools/processes, can be audited by members, neutral, incentive compatible to the goals of the mechanism (get people to show up early and stick around long term)

CTO @a16zcrypto, lover of https://github.com/a16z/awesome-farcaster

we use time_weight = SQRT((start_date - months_inactive) * full_or_part_time)

simplest proxy for "value to commons/impact/local knowledge", doesn't require overbearing evaluation tools/processes, can be audited by members, neutral, incentive compatible to the goals of the mechanism (get people to show up early and stick around long term)

https://protocol-guild.readthedocs.io/en/latest/02-membership.html#time-weight

Have you developed opinions about how these weights ought to be measured and updated?

Effective governance structure for sustainable funding with clear accountability and longevity