Proposal Best Practices

It is paramount to follow best practices when interacting with necDAO. Not only is this required for your proposal to pass, but will protect the healthy functioning and longevity of necDAO


Best Practices (& Template) for Proposals


The DAOstack team have done an excellent job in breaking down how a proposal should look. You can view it in full detail here with two templates here. There are also a number of exemplary examples in Genesis DAO. 


Each and every proposal must factor in the following points: 


  • Proposals significantly greater than 600 USD equiv. must be broken down into deliverables. E.g. a proposal of $20,000 must be broken down into at least 3 milestones, which each milestone representing its own proposal for funds. 

  • Each proposal must include a social verification link. This can be a tweet, confirming your social identity. The more you can verify the stronger your proposal. So if you are a well-known developer or content creator, be sure to prove this in your proposal. This helps with accountability, and help protect against impersonators. 

  • Any proposal requesting funds for work must clearly detail the work to be done, the deliverables, the timeline, the person(s) completing the work and in general must be comprehensive (and convincing). 

  • Proposals submitted to necDAO should relate to the DeversiFi and Nectar ecosystem in a visible capacity. 


Templates


In short, requirements for proposal templates can be split into two:


  1. Proposals 600 USD equiv. 


- TEMPLATE FOR PROPOSALS UNDER 600 USD -

 

[Proposal Name]


Total Budget

ETH:    [000]

Reputation Requested

Rep:    [000]

Estimated Delivery



Responsibilities + Budget

Title

Description

Lead

Budget














Accountability

Channels to update on outcome?

  1. necDAO Telegram Group

  2. DAOtalk 

Will you create a report or log of some sort?


The DAOtalk thread will contain key outcomes, deliverables & lessons learnt. Which will be linked to in the necDAO Telegram channel as well. 

What if there are any funds left after everything is delivered?

We will send them back to the wallet of the necDAO.

 


  1. Proposals 600 USD equiv. 



- TEMPLATE FOR PROPOSALS OVER 600 DAI -

 

[Proposal Name]


Total Budget

ETH:    [000]

Reputation Requested

Rep:    [000]

Estimated Delivery

[x weeks/months after proposal passes] 


Budget & Responsibilities

Title

Description

Lead

Budget

[title]

[description] - [x hours @ 30 DAI / hour]

[John Doe]

[000] ETH

[title]

[description] - [x hours @ 12 DAI / hour]

[John Doe]

[000] ETH

[title]

[description] - [270 DAI for task]

[Some Product (ie room rental]

[000] ETH

[title]

[description] - [600 DAI for task]

[John Doe]

[000] ETH


Milestones & Timeline

Milestone 1 

[title]

[x] weeks

[description]

Milestone 2

[title]

[x] weeks


[description]

Milestone 2

[title]

[x] weeks

[description]


Accountability

Channels to give regular short updates on the progress?

We will post updates every 2 weeks on Nectar’s DAOtalk Channel 

Channels to give update on the final outcome?

  1. necDAO Telegram Group

  2. DAOtalk

  3. Reddit

  4. Twitter

Will you create a report or log of some sort?


A GDoc containing key outcomes, deliverables & lesson learnt.

We will create a DAOtalk thread where we will share a link to this GDoc Report.

Metrics For Success (KPIs)

[List of KPIs]

What if there are any funds left after everything is delivered?

We will send them back to the wallet of the Genesis DAO.



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