Bounty Proposal Template

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

  • Briefly describe the proposed bounty

  • 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

  • What steps would be entailed in completing the bounty? Do successful examples of such work exist elsewhere? What skillsets or knowledge will be required?

  • What advice would you give a bounty hunter working on this bounty?

  • Should the output of this bounty be available under an open source license?

Costs

  • How much do you think the completion of this bounty worth to Arrow (in USD)?

  • How much work will be needed to verify this bounty has been completed? What skillsets or knowledge will be required?

  • 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  • Are there any reasonable circumstances under which this bounty should be withdrawn?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

  • 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).

  • 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?

2 Likes

No feedback after 4 days so I will assume that everyone is happy with the proposed template. :slightly_smiling_face: I’ll convert it into a google application form.

I will leave this thread open for ongoing suggestions on how to improve the bounty proposal template in the future.

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