Draft

JBP-null: Quarterly Community Review

Author

Anon

Cycle

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Synopsis

Implement a Quarterly Community Review initiative to provide transparent updates on JuiceBox DAO’s operations and gather community feedback.

Motivation

The DAO currently lacks a regular, structured communication process to update members on financial status, project progress, and governance decisions. Establishing such updates can increase transparency, trust, and member engagement. Timely implementation will also align with growing demands for greater accountability within decentralized organizations.

Specification

  1. Preparation of Quarterly Reports: A designated team will compile a comprehensive report every quarter. The report will include:
    • A financial statement detailing income, expenses, and fund allocation.
    • Progress updates on ongoing projects and any new initiatives launched.
    • Summaries of major governance decisions and their impacts.
  2. Community Feedback Sessions: Within two weeks of each report’s release, a live webinar will be held. The session will:
    • Present the quarterly report’s findings.
    • Include a Q&A segment where community members can ask questions and provide feedback directly to DAO leaders.

Rationale

This specification ensures regular and structured communication between DAO leadership and its community, fostering a transparent environment that can lead to better informed and more engaged members. The choice of a quarterly interval balances the need for frequent updates with the practicalities of gathering substantial information and organizing meaningful sessions.

Risks

  • Low Participation: Interest in the quarterly sessions may wane, reducing their effectiveness.
  • Information Overload: The quality of reports may suffer if too much information is included, or key details might be overlooked.
  • Technical Issues: Live sessions could face technical difficulties, disrupting communication.

Timeline

  • Proposal Approval: Immediately after approval by DAO voting.
  • First Quarterly Report Preparation: Start at the beginning of the next quarter following approval.
  • First Community Session: Schedule within two weeks after the first report is published.
  • Subsequent Cycles: Repeat the process every quarter, with the opportunity to review and refine the approach annually based on community feedback and evolving needs.

This structured approach not only enhances the transparency and accountability of the DAO but also actively involves the community in governance through regular, informed feedback mechanisms.