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Workflow

Monthly Director Responsibilities

Similar to a representative, see workflow for representative for the following tasks:
  • Monitor external events
  • Monitor internal events
  • Participate in the Representatives meeting
  • Maintain department documents (relating to Finance)
  • Update proeseses and share with the team (relating to Finance)

Tasks:

Deep Work Studio Limited

Check with representatives budgets

  • Before the end of the month - check if representatives need to adjust their budgets at all.

Create Monthly Budget

  • Update the following for the month: Budgets and Cash Flow
  • Include profit share %
  • Share with #representatives with video summary

Monthly Budget Meeting

Tasks to do:
End of meeting:
  • Share with organisation at the end
  • Raise snapshot vote with:
    • Link to budget
    • Transactions to execute to departments
    • Token's to be minted and distributed
    • Adjustments to token distribution and multipliers
    • Gas expenses to be paid

Snapshot vote and Share Budget Community

  • Add profit share figures to P&L
  • Raise snapshot vote using this template, including:
    • xDAI amounts
    • DEEP tokens to be minted and distributed
  • Share monthly summary on Discord, including:
    • xDAI per token
    • Financial summary
    • Decisions made by representatives

Implement Monthly Payments

  • After successful snapshot vote
  • Execute on chain

Treasury Payments:

Profit Share:

DEEP Minting and Distribution:

Distributing 0xSplits:

There are distributions for: - Product Creator Fees - Reinvest mechanism

Expensing Gas Fees

  • Find the total amount of ETH that needs to be expensed at ETH on Ethereum in Operations Payments.
  • Convert stable coins to the required amount of ETH.
  • Pay expenditures via the Operations Gnosis SAFE.
  • Mark transactions as paid in the Operations Payment spreadsheet.

Monitoring and executing re-invest mechanism