When to use this:

• When you are requesting ROWAN from the community fund to use for some idea/initiative you have to benefit Sifchain. Examples include:
• Request for funds for your engineering team to build an integration into Sifchain to enhance the product offering.
• Request for funds to build a 3rd party data/charting analytics platform to help traders within Sifchain.
• Request for funds to build and host a Front-End for Sifchain.
• Request for funds to run a marketing campaign to drive user acceptance.
• Request for funds to provide infrastructure support for Sifchain.

Steps to make a proposal:

• Ideation: a member of Sifcore or the Sifchain community drafts a one-pager about the proposal, including the goals, details, and relevant needs. The template that can be used as a starting point is here:
  • https://docs.google.com/document/d/1KxZ5VVYU8ldMAwKvlKuf5ypIai2KTKvo9X3h0V7PNtU/edit#heading=h.u44277rgsnl0
• First-pass feedback: the member who drafted the one-pager holds one-on-one conversations with any existing stakeholders and new volunteers to get feedback on the draft
• Formal proposal: the proposing member uses first-pass feedback to evolve the one-pager into a Proposal to SifDAO. The templates that can be used here are:
  • https://docs.google.com/document/d/1KxZ5VVYU8ldMAwKvlKuf5ypIai2KTKvo9X3h0V7PNtU/edit#heading=h.u44277rgsnl0
  • https://docs.google.com/forms/d/1OgQWLg2TyS2qWBOPB_GvM9XDHPxoO9xPzNCj860RSnM/viewform?edit_requested=true
• Community discussion: the Proposal is shared with the community and a one-week Discussion Period begins. This includes:
  • 1. Submitting the proposal in Sifchain’s Commonweatlh as a new discussion item.
  • 3. Bringing attention to that proposal in the Sifchain Discord> dao-chat channel. This may result in a sub-thread on discord as well.
• Proposal vote: at the end of the Discussion Period, the proposal is put to a vote. The vote is done using the Standard Cosmos On-Chain governance mechanism. See above on the directions on how to raise this proposal.
• Execution: If the proposal is rejected, then no additional action is taken. If the proposal passes, then (how is the grant amount actually paid out from the community fund?)