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Project Board

Why Project Board?

Effective coordination and fund allocation within a DAO require organizational alignment not only on the vision but also on priorities. The project board provides both the information and the framework for members to submit proposals that align with your DAO’s needs.

Creating a project

As a Station admin, you can create and publish projects on your station’s "Projects" page. The left side of your project editor is a freeform markdown — a creative space for expressing your DAOs’ needs. The right panel asks for information that streamlines project operations — open date (when submission opens), close date (when submission closes), and Checkbook.

Selecting a Checkbook

Checkbook is a project's source of funding. Think of it as a mini (decentralized) bank account that helps you organize your treasuries. One Checkbook can direct funds to multiple projects. For example, the “Q3 2022 Grants” Checkbook can provide funds for three projects: “Grants,” “Infrastructure,” and “Brand.” You can redirect to a different Checkbook anytime.

Project Statuses

  • DRAFT: Before publishing; private to the author
  • STARTING SOON: After publishing; before the open date; public on the RFP page
  • OPEN FOR SUBMISSIONS: After publishing; within the active period; public on the RFP page
  • CLOSING FOR SUBMISSIONS: After publishing; after the close date; public on the RFP page

Closing a project

As the author of a project, there may be times when you need to close it, and you can do so at any time. However, closing a project prematurely may lead to a poor experience for prospective contributors. Therefore, we recommend avoiding this action unless necessary. You can reopen your project at any time.

Deleting a project

As the author of a project, there may be times when your plans change and you need to delete it. You can do so at any time. However, deleting a project after the submission period has opened may lead to a poor experience for prospective contributors. Therefore, we recommend avoiding this action unless necessary. Unlike a closed project, you cannot reopen and recover your project once the action has been taken.

Approving a proposal

Any signer of the associated Checkbook can approve proposals submitted to the project. Once the quorum has been met, a check will be generated to be cashed by the fund recipient of the proposal.

Overallocation

To prevent overallocation, a signer will not be able to generate the first signature to approve a new proposal if the total amount requested exceeds the remaining balance of the associated Checkbook.