Agenda for Weekly Ecosystem Meeting, February 24, 2022

Location:

Elected Stewards: @slobo.eth, @Ginge.eth, and @bobjiang
Every Monday at 2pm EST // 7pm GMT
Google Meet link: https://meet.google.com/oaj-qrgv-var

Agenda

A) Finalize budget for submission to snapshot vote
B) Highlight ecosystem projects
C) ENS core updates, if any

Draft Budget

Initial budget proposal and discussion located here

  1. Ecosystem WG operational budget: $50,000 in USDC/DAI, 6 ETH, and 6,500 $ENS
  2. Bounties for the Bug Bounty program: $50,000 in USDC/DAI
  3. Elected steward compensation: $27,500 in USDC/DAI

Operational Budget

Subgroup Name Description USDC/DAI ETH $ENS
Hackathons Bounties, judging, and facilitating and managing ENS’s hackathon participation. $10,000
Integrations Bounties for ecosystem integration support $10,000 500
3rd Party Projects Support projects that improve the ENS ecosystem, through proactive and retroactive grants. $10,000 6 1,000
Bug Bounty Administer the bug bounty program $5,000
dot eth websites Support dot eth websites tbd tbd tbd
WG Unallocated Funds Funds to be allocated to the above subgroups or facilitate the funding of new subgroups as the council of stewards deem necessary $15,000 5,000
Total $50,000 USDC/DAI 6 ETH 6,500 $ENS

Elected Steward Compensation

Provide compensation for the stewarding and the coordination efforts of active elected stewards.

Description Compensation Months # Stewards # Total
Base Compensation $1,000/month 5.5 3 $16,500
Supplement compensation* $2,000/month 5.5 N/A $11,000
Total $27,500 USDC/DAI

*Supplement compensation is allocated to the steward who supports coordination or who has greater involvement in DAO activities above what is expected of a steward. The steward council determines how the supplemental compensation is split between the stewards based on contributions of each steward.

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Notes

Attendees: Ginge.eth, slobo.eth, Nieman (Esteroids), Tom (Esteroids), Helen (Esteroids), Steve, BrianMillsJr

Thanks to @BrianMillsJr.Eth for taking notes.

We covered the agenda as stated, with no objections on budget laid out.

Meeting lasted 25 minutes.

Key question asked was “What is the line between public goods funding & ecosystem funding?”

Public goods is a broader category that can cover nearly anything, while ecosystem funding is more focused on projects that have a clear tie to ENS.

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