Commits on Nov 11, 2024

1. First draft ò Budget Process …

   * The Budget Process is designed to be trust-minimized, where every transactions 
   must have a maker & a checker
   * The Treasury Process tries to keep transactions on-chain as much as possible to 
   ensure transparency. Keeping Treasury on-chain to participate in approved opensource 
   & audited protocol will also grow Cardano Defi ecosystem while encouraging dapps to 
   adopt opensource culture.
   * DReps will participate in 5-10 Budget Info Action votes per year to strike balance 
   between control & overloading DReps with every single budget item. We can combine 
   buckets to reduce number of votes DReps need to make to 3-5 if necessary. 
   * DReps will participate in 1-2 Committee selection Info Action votes per year. We 
   can reduce number of votes DReps need to make by allow Civic Committee to appoint the 
   other Committees.
   * DReps will participate in 4 Treasury Withdrawal votes per year. These votes should 
   be easy as long as the numbers match with previous ratified Budget Info Action.

   

   binh1981 authored Nov 11, 2024
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