Update on Coordination Deliverables
TLDR
Weekly coordination calls have been consistent and improving recently with everyone’s help. Lots more work to do than anticipated (@Erik_Knobl told me this 
) and some harder than expected blockers related to finance infrastructure. This post is a good summary of where I believe things are at currently and some changes we should think about making - Can we build a better game?
Task Summary
- Improve internal coordination and champion process improvements accordingly.
- POC for legal representation in the Caymans (and anywhere else) and liaison between them and the DAO, and keep an open record of all processes.
- Creating processes required for KYC/AML (such as ensuring grants to the DAO itself are correctly accounted for under Cayman Law), and owning these.
- Host weekly Initiative Leads meetings, and ensure records are accessible to everyone.
- Set cadence and structure for hosting monthly DAO wide town halls in coordination with the Community Guild. - community guild did this
- Oversee the Seasonal Budget application process and tracking of how budgets are finalized, allocated and distributed, as well as any incoming revenue.
- Define and maintain access permissions across DAO tooling (discord, discourse etc.) to ensure organizational security. Work with any team looking to implement change to DAO tooling or structure to ensure it doesn’t harm coordination as a whole (at the DAO > Guild level).
- Creating a process for issuing, fulfilling and tracking finances for The Developer DAO Foundation and any other entity created to support the DAO functioning (this may include hiring external partners given compliance risk in maintaining accounts correctly).
- Establish a $CODE buyback mechanism in partnership with the Governance Guild. -
not started yet
Milestone summery
- 80% of active projects/initiatives submit applications to receive $CODE funding
- Foundation successfully receives S1 sponsorship funds and pays all S1 financial obligations based on approved proposals
- First $CODE buyback successfully completed ($CODE returned to treasury) not started yet
- Agreements executed with at least one subsidiary initiative (e.g. pixeldevs, web3con) and one affiliate initiative (e.g. p3rks, DAO Agency) going with Sub-DAO and D_D labs conversations.