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Merge pull request #19 from cheeky-gorilla/patch-8
Grammar + consistency changes - 5-initial-pilot.md
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docs/5-initial-pilot.md

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To prepare for launch, there are a few tasks we wanted to properly complete:
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- perform an informal audit of the 0xSplits contracts by members
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- verify the 0xSplits contracts and frontend on testnet
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- deploy the 6/10 multisig, the Split contract itself, and the Vesting Module
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- onboard as many eligible Members through the process we have bootstrapped
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- broadcast the intent of the Protocol Guild to the broader community and potential sponsors, getting a precommitment of funds where possible
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- refine and document the operating process, which includes curating and deliberating on potential members, onboarding them
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- Perform an informal audit of the 0xSplits contracts by members.
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- Verify the 0xSplits contracts and frontend on testnet.
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- Deploy the 6/10 multisig, the Split contract itself, and the Vesting Module.
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- Onboard as many eligible members as possible.
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- Broadcast the intent of the Protocol Guild to the broader community and potential sponsors, including getting a precommitment of funds where possible.
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- Refine and document the operating process, which includes curating and deliberating on potential members, as well as onboarding them.
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## 5.2 Pilot Characteristics
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As of May 8th 2022, all of the above have been completed. Here's an overview of how the Pilot is structured.
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As of May 8th 2022, all of the above tasks have been completed. What follows is an overview of how the pilot is structured.
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- Sponsoring assets will vest for one year (365 days) from stream initialization. Sponsoring streams may overlap with the next iteration of the vesting contract by a few months.
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- We are targeting between ~$10-20mm in sponsorships. If you're interested in being part of this initial cohort of sponsors, you can send permissionlessly to the [vesting contract 0xF29...1a9 here](https://app.0xsplits.xyz/accounts/0xF29Ff96aaEa6C9A1fBa851f74737f3c069d4f1a9/). If you or your project have questions, please reach out on [Twitter](https://twitter.com/protocolguild) or to any of the existing members.
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- We will plan to update [membership](https://protocol-guild.readthedocs.io/en/latest/9-membership.html#member-list) and [weights](https://protocol-guild.readthedocs.io/en/latest/9-membership.html#addresses-and-weights) ideally once per quarter, barring any special cases.
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- The beneficiary split has been launched with 111 beneficiary addresses - see the contract through the [0xsplits interface](https://app.0xsplits.xyz/accounts/0x84af3D5824F0390b9510440B6ABB5CC02BB68ea1/). The initial set of Pilot beneficiaries include:
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- Diviners (Researchers / Spec Writers / Client Tinkerers): responsible for divining the future needs of the protocol
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- Framers (Client Maintainers): In dialogue with the previous set, responsible for manifesting the best fit frameworks to hold these needs in balance with each other
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- Guides (Ecosystem relations, client tinkerers): in dialogue with both previous sets and responsible for guiding both of their paths of divination and manifestation
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- the donations.0xSplits.eth address, which represents the 0xSplits team and some of their Public Goods dependencies
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- We are targeting between $10-20mm in sponsorships. If youre interested in being part of this initial cohort of sponsors, you can permissionlessly send funds to the [vesting contract 0xF29...1a9](https://app.0xsplits.xyz/accounts/0xF29Ff96aaEa6C9A1fBa851f74737f3c069d4f1a9/). If you or your project have questions, please reach out on [Twitter](https://twitter.com/protocolguild) or to any of the existing members.
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- We will plan to update the [membership list](https://protocol-guild.readthedocs.io/en/latest/9-membership.html#member-list) and [weights](https://protocol-guild.readthedocs.io/en/latest/9-membership.html#addresses-and-weights) ideally once per quarter, barring any special cases.
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- The beneficiary split has been launched with 111 beneficiary addresses - see the contract through the [0xsplits interface](https://app.0xsplits.xyz/accounts/0x84af3D5824F0390b9510440B6ABB5CC02BB68ea1/). The initial set of pilot beneficiaries include:
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- Diviners (Researchers / Spec Writers / Client Tinkerers): Responsible for divining the future needs of the protocol.
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- Framers (Client Maintainers): In dialogue with the previous set, responsible for manifesting the best fit frameworks to hold these needs in balance with each other.
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- Guides (Ecosystem relations, client tinkerers): In dialogue with both previous sets and responsible for guiding both of their paths of divination and manifestation.
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- The donations.0xSplits.eth address, which represents the 0xSplits team and some of their public goods dependencies.
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## 5.4 Documenting Process
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### Dune Dashboard
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An overview of Pilot finances can be explored via this Dune Analytics dashboard: [Protocol Guild Finances](https://dune.com/datamonkey_eth/protocol-guild). Thanks to [@datamonkey_eth](https://twitter.com/datamonkey_eth) for working with us to make it happen - we can strongly recommend them if your project needs data viz done!
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An overview of pilot finances can be explored via this Dune Analytics dashboard: [Protocol Guild Finances](https://dune.com/datamonkey_eth/protocol-guild). Thanks to [@datamonkey_eth](https://twitter.com/datamonkey_eth) for working with us to make it happen - we can strongly recommend them if your project needs data viz done!
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## 5.3 Documenting Outcomes
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Throughout the pilot, special attention should be given to evaluating outcomes related to the above characteristics. The information gathered should be archived in the docs as a cohesive report for the edification of future members and operational adjustments. The report should include the following topics:
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Throughout the pilot, special attention should be given to evaluating outcomes related to the aforementioned **Pilot Characteristics**. The information gathered should be archived in the docs as a cohesive report for the edification of future members and operational adjustments. The report should include the following topics:
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### Timing
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- Was one year the right length for a Pilot?
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- what should the typical vesting period be in regular operation?
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- What's the earliest the next iteration would launch ahead of the Pilot vest concluding?
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- Was one year the right length for the pilot?
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- What should the standard vesting period be post-pilot?
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- Whats the earliest the next iteration should launch ahead of the pilot concluding?
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### Funding
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- Were funding targets hit ahead of launch?
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- Was the initial raise too low / high?
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- Were funding targets hit ahead of launch?
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- How were the funds impacted by asset price fluctuations during the pilot?
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- Was the initial raise too low/high?
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- Was there a healthy number and variety of sponsors?
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### Operating
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### Operations
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- What sort of operating procedures worked? Which ones didn't?
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- What role did voting play in decision-making, if any?
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- What were the best practices that emerged with regard to voting, onboarding, curation?
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- Should the weighting be modified eg. more granular, more subjective measures?
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- Should the weighting be modified e.g. more granular, more subjective measures?
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- Were there any issues with compromised wallets, contracts or multisigs during the pilot?
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### Communications
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- What sort of communication activities were carried out by the Guild during the pilot?
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- What was the engagement level of said communications with Guild members, sponsors and the community more broadly?
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- What sort of questions, feedback or concerns (if any), did Guild members, sponsors, or the community have during the pilot?
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### Membership
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- Did the Guild start with an accurate representation of protocol contributors?
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- What areas in the ecosystem should eligibility be expanded to over the pilot?
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- What were the notable membership changes/ disputes, if any?
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- What areas in the ecosystem should eligibility be expanded to after the pilot? Are there areas where eligibility should be restricted?
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- What were the notable membership changes/disputes, if any?
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- What is the general state of the membership?
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- Has the presence of the Protocol Guild lead to negative or positive affects to relationships, the progress of regular projects?
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- Has the presence of the Guild lead to negative or positive affects to relationships, the progress of regular projects?
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- What frequency has someone's decision to join or remain in core protocol work cited the Guild as a compelling benefit?
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- Have any Guild members participated in mentorship programs to support diverse array of future contributors?

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