# \[New Process\] Community Payouts **URL:** \ **Category:** Community Fund\ **Tags:** community, community-fund, funding\ **Created:** [January 22, 2022, 3:13am UTC](https://gov.near.org/t/new-process-community-payouts/13651 "2022-01-22T03:13:12Z")\ **Posts on this page:** 1\ **Showing post:** 1
**Author:** ![mecsbecs](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/mecsbecs/32/1820_2.png) [@mecsbecs](https://gov.near.org/u/mecsbecs)\ **Post date:** [January 22, 2022, 3:13am UTC](https://gov.near.org/t/new-process-community-payouts/13651/1 "2022-01-22T03:13:13Z")
[EDITED 2022-04-05T04:00:00Z] Hello NEAR Community, We are delighted to let the Community know that we have our new confirmed payout process. Some elements will be familiar if you had the opportunity to [read the earlier post indicating these changes to come](http://gov.near.org/t/update-new-community-payout-process-still-in-progress/13033) but if not, [here it is again with links](http://gov.near.org/t/new-process-community-payouts/13651) so you can dig into the necessary identity checks and verification that are now key to this new process. As of January 21, 2022, no payouts can be issued without an identity verification having been completed as outlined below. ### Please follow closely and be sure to bookmark this post for future reference, as certain steps will need to be repeated each time you are looking to request funds: 1. Continue to post your [Proposal] in the appropriate category on the Governance Forum based on the content of the proposal. 2. After the proposal has received [sufficient offline discussion](http://gov.near.org/t/community-fund-processes-usd-pricing/5489) on the Forum i.e. there are no more comments on the post to be addressed and the community has had time to respond to the contents of the proposal and receive clarification, the proposal receives implicit community approval. 3. **UPDATED PROCESS:** To get the payout process started, the Guild Leader, DAO, or Community representative (‘representative’) must complete **[this form](https://ironcladapp.com/public-launch/62fb57b4a12f0e691cd7042f)** requesting your personal information, and your acknowledgment and agreement to the new Guilds Terms & Conditions and NEAR’s [Privacy Policy](https://near.org/privacy/). This step is required every time you are posting a payout request. ⚠ **ONLY COMPLETE THE FORM ONCE YOUR ASTRO DAO POLL HAS BEEN APPROVED** 1. Following this, you will be emailed with a prompt to complete a ‘Know Your Customer’ (KYC) identity verification. KYCs are common in the traditional banking sector and with cryptocurrency platforms and exchanges such as Crypto[dot]com and Binance for AML compliance. Our service provider for the KYC - until the decentralized solution [SYNAPS](https://synaps.io/) or something like it is available - is Onfido and a piece of formal ID and photo will be required. Check which kind of documents are supported by region [here](https://onfido.com/supported-documents/). [_ONE-TIME STEP_] 2. Denomination of the Proposal’s payout amount if the individual wishes to be paid in $NEAR continues to be in (USD), and the payout amount in USD and target wallet should be clarified on the Astro DAO poll either in the description or in the new comments feature. The representative will then receive an email to a ‘Reward Agreement’ [template [here](https://docs.google.com/document/d/1c7O2veD30TBVvWxRa-JhBTbti2OpIFiTeCPoZqWz8P0/edit?usp=sharing)] confirming the token amount and requesting the representative’s signature. 3. After the above paperwork has been completed, the KYC verification has been passed, and the outcome of the Astro DAO poll is favourable, you’ll be invited to send the NEAR Foundation an invoice: > [@\[INSTRUCTION\] Create An Invoice After Signing Community-Rewards Agreement](http://gov.near.org/t/instruction-create-an-invoice-after-signing-community-rewards-agreement/25739): > > Dear community, With the [new updates in community payout process](http://gov.near.org/t/important-psa-update-to-the-funding-process/25508), I realized that DAOs/representatives of DAOs need to create an invoice to complete the Community-Rewards Agreement to receive your fund. After finishing the process and receiving payout, I noticed there’s some slight difference between the instructions sent by NF and the actual UX on the website. So this is to help the community finish the process easier, step-by-step. After signing the Community - Reward Agreement, you’ll then… After this, NEAR Foundation Finance will execute on the approved payment. **EDIT:** _The NEAR Finance team will convert the USD payout amount to the equivalent amount in $NEAR when the payout is being issued._ \* The funds will be sent to the personal NEAR wallet address provided in the Google Form and it is up to the Guild or project representative to ensure these funds are transferred to the appropriate DAO. **Please give a MAXIMUM of 2 weeks for your payout to be processed** --- _[View the full topic](https://gov.near.org/t/new-process-community-payouts/13651)._