For some time now, the pDao has expressed concerns regarding the efficiency of the GMC’s award period system. Currently, the GMC has only one month to discuss awards, reach a consensus, and deliver a final decision. However, this rigid schedule limits the opportunity for adjustments and modifications, leading to decisions that are often too final. Consequently, there seems to be an imbalance favoring retrospective awards over grants.
To address this issue, the community has been discussing potential solutions, and the most promising one, according to the GMC, is the implementation of a rolling awards system. This system would introduce an ongoing awards period, allowing for more flexibility and adaptability in the decision-making process. By adopting a rolling awards system, the GMC believes it can achieve enhanced efficiency and provide greater value to the recipients.
Below is the schedule proposed by the GMC:
Step 1 (Week 0)
On Sunday evening, the administrator makes a GMC thread for each grant. The administrator enters them into the Google Sheet.
Step 2 (Week 0-2)
Within the first two weeks, the GMC scores and forms their decision.
Step 3 (Week 2)
On the forum post regarding the grant, GMC provides comments regarding support, funding, and the ultimate decision of approving or rejecting the project.
Step 4 (End of Week 2)
The GMC administrator initiates contact with the awardee to share detailed notes regarding the approval and rationale behind it. A one-week discussion window is provided, encompassing potential negotiation opportunities.
Step 5 (End of Week 3)
GMC will make the decision public via the forum and Discord.
We believe this schedule will not cause excessive demands or create undue time constraints for committee members.
Along with the rolling awards period we are proposing the following improvements for an all-encompassing RPIP because they are interdependent:
- Retro Award Cap Removal [link]: With the current cap, it could potentially take years to pay back all retroactive awards, leading to dissatisfaction and discouragement among community members. The retro cap was intended to incentivize grants but the rolling awards system will have a much larger impact on that issue.
- GMC Administrator Role[link]: We are expanding the scope of the GMC Administrator role bounty to facilitate more of the GMC’s duties. The success of the rolling awards system is dependent on a facilitator that can handle the daily relaying of information.
We believe that the combined implementation of these three proposed adjustments (rolling awards, cap removal, gmc admin) will play a crucial role in optimizing the overall performance of the rolling awards system.