mDAO Proposal: Grant committee and budget

To summarize the amendments to the original proposal:

  • Grantees will be expected to provide some sort kind of result demo at the end of the grant. The comments referred to it as “demo day”, but it can take any shape that the grantee and the committee consider appropriate - a video showcasing the functionality, written documentation, and so on.
  • We will pay out grants after the committee is satisfied with the delivery. Grants of up to 50K MNDE will be sent out as unlocked tokens, any amount beyond that will be paid out in locked NFTs.
  • There will be a limited time for the community to object to a grant after the committee has approved it. The committee will accept objections for the first five calendar days, after which the committee will make a decision and notify the grantee. Any strong objection after that period will need to go through a governance vote.