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"After the definitive approval of funding as per the AGP-1 process, funds for operating costs will be disbursed to the approved teams in a lump sum." #19

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stellarmagnet opened this issue Jul 2, 2019 · 2 comments
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@stellarmagnet
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The README states "After the definitive approval of funding as per the AGP-1 process, funds for operating costs will be disbursed to the approved teams in a lump sum."

is this how it's intended the work? should it be quarterly or lump sum? trying to see if we alter our current draft.

@LouisGrx
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LouisGrx commented Jul 3, 2019

Thanks for pointing that out! I guess its not how AA has been executing payments to Flock teams up until now. Maybe @stefanobernardi can help on that. But I guess that the AA will keep issuing such large amounts in chunks (the README should probably be corrected on that part). How would this impact your proposal?

@stefanobernardi
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That's a good catch.
With Aragon One, we have done quarterly payments as they are substantial sums, and have continued doing that with other Flock teams - it's easier on treasury and operations.

We can do lump sums too if there's a specific reason or requirement (given the funds are already approved by the network anyways)

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