Updates (June 27, 2023)
The rules of CKB Community Fund DAO were amended to include
- Implementation of Staged Payments for Budgets Exceeding $10,000
- Proposals with budgets exceeding $10,000 will be divided into multiple stages or timeframes for payment disbursement.
- The initial funding will be limited to 20% of the budget, with a maximum cap of $10,000.
- Subsequent payments will be determined based on specific milestones or goals. Proposals should clearly outline the estimated timeline, costs, and deliverables for each stage, with evaluations and confirmations conducted at the end of each stage.
- Upon receiving funding, proposers must regularly update the community on project progress and submit necessary progress reports at the end of each payment stage. Reports should include information on project milestones, goal achievement, and fund utilization, allowing the community to review and confirm the necessity of subsequent payments.
in the “Amendment” column in accordance with the proposal – [VOT] Meta-rule change: Implement staged payments for proposals with a budget exceeding $10,000｜对预算超过$10000的提案实行分阶段付款
(Source)