AIP-121: Transparency Act for Ecosystem Fund Allocation

Information

Oct 17

Written By Vulkan

HIGLIGHTS:
Author: giacolmo.eth

Abstract

This proposal wish to increase the transparency of AIPs involving Ecosystem Fund allocation, enhance the voting process and standardize periodic reporting.
$APE treasury will be better safeguarded with: additional accountability for teams requesting for funds; costs clearly stated in Snapshot for an easier voting experience; monthly public reporting on treasury use.

Steps to Implement

The steps to implement are performed by the Ape Foundation and Cartan Group. In particular for:

1 Cost disclosure: APE Foundation / Cartan Group will modify the contents visualized in the Snapshot voting page, adding the Overall Cost.

2 Team members: APE Foundation / Cartan Group will modify the template provided to AIP proposers when drafting Ecosystem Fund Allocation AIPs, mentioning the compulsory nature of Team Members description. Furthermore and more importantly, APE Foundation / Cartan Group will monitor the providing of such informations.

3 Monthly reporting: APE Foundation will publish via Apecoin DAO Twitter’s page, monthly reporting on funds allocation for each approved AIP.