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Workshop Questions: Article III, Section 8 [BUDGET!!!] #12

@Crypto2099

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@Crypto2099

Article III, Section 8 of the Draft Constitution states:

### Section 8
The Cardano community is expected to propose, not less than on an annual basis, a budget for
the ongoing maintenance and future development of the Cardano Blockchain. All owners of
ada _[, as well as their appointed designees,]_ are expected to periodically approve the Cardano
Blockchain budget through an on-chain governance action. No withdrawals from the Cardano
treasury shall be permitted unless a budget for the Cardano Blockchain is then in effect as
required by the Cardano Blockchain Guardrails.
_[Any governance action requesting ada from the Cardano Blockchain treasury in excess of
[1,000,000] ada shall require an allocation of ada as a part of such funding request to cover the
cost of periodic independent audits and the implementation of oversight metrics as to the use of
such ada.] [Contractual obligations governing the use of ada received from the Cardano
Blockchain treasury pursuant to a Cardano budget in excess of [1,000,000] shall include dispute
resolution provisions.]_

  • Should the Constitution require that governance actions above a specified amount include allocations of ada to cover periodic audits and implementation of oversight metrics?
    • If yes, how should they be enforced?
  • Should the Constitution require that contractual provisions governing the use of ada received from the treasury above a specified amount include dispute resolution provisions?
    • If yes, how should they be enforced?
  • Should the Constitution require that the budget include a contingency fund?
    • If so, how would it work?
    • What could it be used for?
    • Who would administer it?
  • Should the Constitution require that the budget include an indemnity fund to cover potential claims against governance participants such as DReps and Constitutional Committee members?
    • If so, how would it work?
    • What could it be used for?
    • Who would administer it?
  • Should the budgetary process be spelled out in greater detail in the Constitution?
    • Should the Constitution identify how the budget will be administered?
    • Should it identify who will administer the budget?
  • Should the Constitution specify a cap on the annual budget?

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