GWG Community Treasury Request - April 2023

GWG/NDC April Funding Request

Please find attached GWGs first funding request to cover costs related to stewarding the delivery of NDC V1 Gov led by the NEAR Community. The GWG’s mandate is to steward and facilitate Gigs, RFPs, and Roles to BuiDL and deliver NDC V1 Gov by late Summer '23.

Following Creatives DAO’s first funding request, this will be the second request from the NDC Community to get funded from the Community Treasury.

About the NDC

The NDC is a Community-Led movement to BuiDL Web3 Gov on NEAR.

  • BuiDL Gov on NEAR
  • Contribute and be Rewarded

How to Contribute

  1. Join a Workgroup and Contribute (choose from 20 WG’s)
    NDC Workgroups on NDCDocs :stuck_out_tongue_winking_eye:
  2. Pickup a Gig or RFP on BOS (check the NDC Community Hub )
  3. Apply for GWG Open Roles (check the NDC Community Hub )

The NDC is led by the NEAR Community!

April Funding Request


This request is a modification of the budgeted April expenses as outlined in the Q2 budget for GWG. The budget has been updated based on actual requests made to the GWG for retroactive funding.

Original budget: $172,786 - posted here
Actual request: $130,112 - see details below
Diff: $42,674

The reason our funding request is less than anticipated in the budget is largely explained by a later start and fewer bounties than expected, less travel costs than expected to Consensus, and a change of approach to not carry a treasury buffer. See more details below.

New GWG Funding Process

  1. Community posts their retroactive funding requests by the 5th of each month. New users also trigger the KYC process by filling out a KYC request form
  2. GWG consolidates all requests into one Funding Request, balancing them against budget
  3. Core Contributor TG group agree internally to review and support Funding Request (draft is published on Notion)
  4. Post Funding Request publicly on Gov forum which is this post
  5. Public commentary, GWG to potentially update as needed.
  6. GWG DAO poll across all Contributors stating their support for the Funding Request, with link to the Gov Forum post
  7. Make CT aware of previous steps, answer any questions, and ask them to transfer to GWG DAO
  8. GWG DAO to pay out accordingly, to be executed as multiple Transfer Fund Votes in the GWG DAO

The funding request is not final and exact. It should be seen as a cap for what the GWG DAO can pay. Any potential overages are be handled in the following month’s request.


GWG Budget, Q2 2023 Orig budget Actual Request Diff
Bounties, BOS Widgets $2,500 $2,500 0
Bounties, NDC Dashboard $16,000 $16,000 0
Bounties, UI/UX Work $10,000 $10,000 0
General Bounties $12,500 $2,500 -10000 Later start to and fewer general bounties than expected
Bounties & Gigs Total $41,000 $31,000 -10000
Community Events $6,500 $6,500 0
Swag $2,500 $2,500 0
Travel $9,000 $1,600 -7400 Fewer travel costs than expected
Events Total $18,000 $10,600 -7400
Core Team, Governance $4,250 $4,250 0
Core Team, WG Charters 0
Core Team, Legal $4,500 $4,500 0
Governance Total $8,750 $8,750 0
Community Moderators $2,800 $2,800 0
Core Team, Community Mgr $3,500 $3,500 0
Core Team, Near Studio $22,500 $22,500 0
Core Team, Social Media Strategy $4,500 $4,500 0
Core Team, WG Coaching $4,250 $4,250 0
IAH Incentives, Guerilla Marketing $0 $0 0
MarComm Total $37,550 $37,550 0
Bounties, Charter Drafting $5,000 $10,000 5000 More charters drafted than expected
Bounties, Note Takers $1,200 $1,470 270 More meetings than expected
Core Team, Project Managers $16,510 $10,010 -6500 Recruiting took longer than expected
Tools & Subscriptions $500 $500 0
Program Mgmt Total $23,210 $21,980 -1230
Core Team, Architect $8,000 $8,616 616 Adding VAT
Core Team, Full Stack $4,000 $2,000 -2000 Fewer dev hours required than expected
Core Team, QA $2,500 $1,739 -760.6 Fewer dev hours required than expected
Core Team, Smart Contracts $2,500 $1,680 -820 Fewer dev hours required than expected
Tech Total $17,000 $14,035 -2964.6
Grand Total, Before Non-costs $145,510 $123,915 -21594.6
Contingency $7,276 $6,197 -1078.98
Treasury Buffer $20,000 $0 -20000 Treasury buffer not to be used
Non-costs Total $27,276 $6,197 -$21,079
Grand Total $172,786 $130,112 -$42,674

I want to provide a status update on this treasury request:

  • No public review comments provided here yet. We take it to indicate that enough answers were provided on the preceding Q2 budget and that “silcence means acceptance” from the community :slight_smile:
  • The GWG Contributors voted to ratify the above budget on May 23 with 8 votes for and zero votes against on GWG’s AstroDAO :razor:
  • The GWG Councils (who act in a trustee capacity) then voted to accept the NDC Terms and Conditions today on GWG’s AstroDAO :page_with_curl:
  • Two fund transfer requests have now been proposed in accordance with the above on the NDC Trust’s AstroDAO, splitting the transfer into two equal parts here :moneybag: and here :moneybag:

Pending approval of these transfers the GWG will be set up to start issuing retroactive bounties in the next few days.

Community members who requested bounties should already be in the process of completing their KYC with Fractal. (If you haven’t started yet then please first look for an email from in your spam folder before contacting me on Telegram.) Transfers will not be made to accounts missing a completed KYC.

For anyone with a first time bounty in May wanting to get a head start on the KYC process, please first fill in this KYC request form now.


GM Fam,

:mega: Big news today. The GWG has been funded from the Community Treasury for the first time. Woot Woot! :tada:

:moneybag: As of this morning we now have 83k Near (approx $130k) available for April bounties, and can finally start processing bounty payouts. For those of you who had requested an April bounty please be on the lookout for a DM from me with further instructions in the next day or so.

This will be the very first time we run this process as a community, so please bear with us as we get this show on the road and iron out any kinks.

FYI: The funding was requested on GovForum, ratified by a vote amongst the GWG Contributors, requested from the CT and verified by the Trustees to be compliant with all requirements.

The GWG Council has confirmed the NDC Terms & Conditions and all recipients will have to do the same. Only folks who have successfully gone through full KYC with Fractal are eligible for a payout (simple face verification is not enough). Receiving a bounty does not imply any employer/employee relationship, and all recipients will be responsible for their own taxes.

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