# Grant giving chili pods Time to get back to the basics of giving our money away. Over the last few months MetaCartel Grants have got into a grid lock around treasury sustainability. This has distracted us from our core goal of getting funding out to the people and projects that need it the most. And right now people need it more than ever. There is a lot of overhead in having weekly all hands meetings to review grants. **This proposal is to delegate small teams with agency to distribute grants where they see the most need and quickly.** Our greatest super power is our members. We are group web3 veterans, with diverse skills, spread out across multiple verticals in the application space. We are on the front lines and see new promising projects and talent all the time. For many of these people a micro grant can go a long way. Lets harness this power by allowing small teams to have the agency to manage a pot of funds. This is more efficient than managing a large inbound funnel of grant requests as a committee every week. ## Mechanics: - A small team of 1-5 people set up a multisig Safe - the Safe is setup as a 'side vault (Minion Safe)' of the main dao. - 20-50k is transferred through proposal to this vault - 1-5k grants are given out by the team over a 2 month period, the small team of signers have full agencey of how grants are disbursed. - after 2 months the team presents a summary of grants given - if after 2 months the funds have not been distributed or the signers have disappeared the dao can pull funds back into the main treasury. ## chili pods - teams without proven track records can request up to 20k. - teams with a history of successful distribution can request up to 50k. - Grants should be branded as MetaCartel. - Funds should not be for the managing team in any way. - New chili pods can focus on different verticals in the space where they are closest and have the most expertise and influence. ## Initial pilot proposal **The Pet3rpan fellowship fund**. Pet3rpan and a team he chooses will pilot this program with an initial distribution of 50k to be managed by him and his team. After 2 months the success of this team can be reviewed by the DAO and follow on proposals can be made. ## fin Hopefully this kicks off a new hyper productive micro grant giving machine. I look forward to seeing other chili pods that want to help execute this initiative.