Draft of a potential bounty proposal template.
Please add your comments below!
Bounty Proposal Template
Bounties are open-ended goals that could be met by anyone, including those other than the proposing party.
- If you believe that something important should be done at Arrow and you are willing and able to do it - write a grant application
- If you believe that something important should be done at Arrow but you are not willing and/or able to do it yourself - write a bounty proposal and/or definition (it will get posted on the bounty wall)
The goals of the Bounty Proposal are:
- to communicate your bounty idea clearly so that the GBC can decide if it’s worth pursuing.
- to estimate the benefits and costs attached to your proposal.
- to disclose any relevant conflicts of interest.
Answers to the template questions do not need to be highly detailed. Estimates or ranges are acceptable. Brief answers are also fine.
Bounty Name
- Name
General Information
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Briefly describe the proposed bounty
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Why are you writing this bounty proposal?
Benefits
- Which other non-ArrowDAOs, projects, or individuals would stand to benefit from the bounty being successfully completed?
Work Involved
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What steps would be entailed in completing the bounty? Do successful examples of such work exist elsewhere? What skillsets or knowledge will be required?
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What advice would you give a bounty hunter working on this bounty?
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Should the output of this bounty be available under an open source license?
Costs
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How much do you think the completion of this bounty worth to Arrow (in USD)?
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How much work will be needed to verify this bounty has been completed? What skillsets or knowledge will be required?
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Apart from labor costs, do you predict this bounty would involve other associated costs? E.g. equipment, fees, subscriptions…
Bounty Structure
How would you structure this bounty, and why?
- A single payout to single team on completion?
- Divided into milestones?
- Divided into Decision gates
- Multiple payouts to multiple teams?
- Should this be written up as multiple bounty definitions?
- Something else?
Is this bounty repeatable?
- Are there any reasonable circumstances under which this bounty should be withdrawn? Should it expire?
Conflicts of Interest
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Does the person or persons proposing the bounty have any conflicts of interest to disclose? (Please disclose here if you are a member of the GBC or if any member of the GBC would benefit directly financially from the successful completion of the bounty).
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Will the applicant, or any protocol or project in which the applicant has a vested interest (other than Arrow), benefit financially if the bounty is successfully completed?