flock icon indicating copy to clipboard operation
flock copied to clipboard

"After the definitive approval of funding as per the AGP-1 process, funds for operating costs will be disbursed to the approved teams in a lump sum."

Open stellarmagnet opened this issue 5 years ago • 2 comments

The README states "After the definitive approval of funding as per the AGP-1 process, funds for operating costs will be disbursed to the approved teams in a lump sum."

is this how it's intended the work? should it be quarterly or lump sum? trying to see if we alter our current draft.

stellarmagnet avatar Jul 02 '19 10:07 stellarmagnet

Thanks for pointing that out! I guess its not how AA has been executing payments to Flock teams up until now. Maybe @stefanobernardi can help on that. But I guess that the AA will keep issuing such large amounts in chunks (the README should probably be corrected on that part). How would this impact your proposal?

LouisGrx avatar Jul 03 '19 07:07 LouisGrx

That's a good catch. With Aragon One, we have done quarterly payments as they are substantial sums, and have continued doing that with other Flock teams - it's easier on treasury and operations.

We can do lump sums too if there's a specific reason or requirement (given the funds are already approved by the network anyways)

stefanobernardi avatar Jul 03 '19 13:07 stefanobernardi