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[Treasurer] Referendum #1784
Context
The Treasurer Track has a 28 day voting period + 7 day confirmation period + 1 day execution period.
The proposer (WebZero) has scheduled a success fee payout 30 days after the event. This payout is tied to metrics being met. Intervening with scheduled payouts requires the Treasurer track (36 days intervention time). 30 days therefore is not enough time to intervene via OpenGov (should there be a need).
That is why we are putting this ref up before the actual event metrics get released to allow token holders to retain the option to intervene if need be. We hope the event is a huge success and that all targets are hit!
Proposers, please ensure you leave at least 36 days between milestone submission and payout with some extra time for community review!!!
Voters, please only vote on this referendum AFTER the event metrics have been released.
We invite WebZero to update the community here but we will also be keeping an eye out and relaying any new info as it comes up.
Treasury Spend Cancellation
Cancel the following treasury spends from Referendum #1684 on Polkadot:
- Spend ID 183: 33,579.5 USDC
Reason: Ensure accountability for the success fee.
WebZero is to receive a bonus (in the form of a scheduled payout) for a successful event. This referendum gives voters the option to cancel that bonus payment should the target metrics not be hit.
Please only vote on this referendum AFTER the organisers have published event metrics.
Made with Treasury Guardian
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