Onchain Treasury Allocation Improvements

Establish norms, processes, and accountability mechanisms for how the onchain treasury is allocated — ensuring capital flows to highest-impact ecosystem activities.

Problem Statement: Now that the treasury rate cut is back online we need a prioritization criteria for the deployment of funds, a formal framework for projects where resource allocation is the key decision point, and a broader accountability framework that alleviates previous community concerns about the ROI of deployed funds

Scope

• Define what treasury funds should and shouldn't be used for - eg. align treasury allocation priorities to Roadmap items

• Establish norms and an evaluation framework for proposals (if needed)

• Establish a process for use of RFPs, such that funds can be secured before RFP teams are chosen

• Set performance, transparency and reporting norms for funded projects

Key Questions to Answer

• How are Roadmap items suggested and determined?

• What are the real differences between "Roadmap-aligned" vs. speculative proposals?

• What should be used to evaluate proposals?

• How can an RFP process work in advance of deployed funding given the onchain execution of the treasury?

• What does performance, transparency and reporting look like post-funding?

• What group should be engaged to best answer and propose action on the items above?

Out of Scope: Size of treasury reward cut rate itself (separate LIP can be further created if needed)

Success Criteria: Community-ratified norms published; new treasury proposals evaluated as per norms, future funded projects deliver as per norms