# Tasty Vault: Vision, Guidelines, Process By [Tasty Bones](https://paragraph.com/@tasty-bones) · 2022-05-10 --- ![Tasty Vault Vision & GuidelinesRevision 0.1 ratified 5/7/2022](https://storage.googleapis.com/papyrus_images/2eddf3ff472ec5f3ece24dccabe44f302e269e64405afadc6a4a44db610212e2.png) Tasty Vault Vision & GuidelinesRevision 0.1 ratified 5/7/2022 Introduction ============ **Tasty Vault** is our community treasury aimed to promote the Tasty Bones ecosystem by funding passionate community members to help jumpstart their initiatives. It is open to every Tasty Bones NFT holder. At the time of writing, the vault contains **over 209 ETH!** > Our Vision > ========== > > To grow the Tasty Bones brand through community initiatives & innovative ways, aimed to build, expand, and evolve in the consistently growing NFT space. We will build together and empower community members to go beyond being holders. Proposal Guidelines =================== Proposals shall support community endeavors that ultimately bring value to every holder while promoting the Tasty Bones brand. Examples may include, but not limited to the following: ✅ Supporting a secondary and/or derivative collection ✅ Investing in metaverse integration (e.g. Sandbox, WWW3, Otherside, etc.) ✅ Subscribing to NFT analytics/trading tools ✅ Activating IRL utilities (e.g. access to VIP services, facilities, memberships, etc.) ✅ Marketing to grow brand awareness ✅ Acquiring NFTs from reputable collections as investment or giveaway prizes ✅ Hiring/contracting talented community members ✅ & more We, the core team, will pay extra attention to proposals that have the **potential to grow the treasury** and **give more value** to our holders. We are committed to the responsible usage of the funds for sustainability and longevity so **we will NOT be supporting proposals that could put the brand, team or company at unnecessary financial risk**. This may include, but not limited to the following: ❌ Sweeping Tasty Bones floor to artificially pump the price short-term ❌ Purchasing NFTs from hyped collections out of FOMO ❌ Hiring influencers without proven leadership track record in web3 ❌ Onboarding unnecessary staff/personnel Proposal Process ---------------- In order to utilize our treasury effectively, we have established an efficient and organized system for vetting, validating and advancing ideas. The process shall go through the following stages: (1) kick off your idea, (2) advance to a preliminary proposal, if qualified, (3) upgrade to a final proposal and finally, (4) receive funding. ![](https://storage.googleapis.com/papyrus_images/421e51b1fa923f1477cbb831a7be02e2b7492040f1db692e23c30841c84ad909.png) ### STEP 1: Share your idea on Discourse If you have an idea that you think can benefit you, the community and the brand, it’s time for you to step up. All Tasty Bones NFT holders are welcome to initiate a forum discussion to formulate their ideas. To kick off your idea, you should create a [Discourse 5](http://forum.tastybones.xyz/) thread under [New Proposal 4](https://forum.tastybones.xyz/c/new-proposal/). All ideas submitted should consist of the following: * **Title**: A concise title which will hit the point of what your idea is about * **Introduction**: A brief overview of your idea * **Objective**: What do you want to accomplish? * **Solution**: What is the solution, including your step-by-step plan, the benefits, and how potential risks will be mitigated * **Timeline & Cost**: What is the overall execution timeline and cost to reach the objective? * **Accountability**: How is the money secured and managed? Who will be accountable? As the **Author**, you are responsible for fostering initial discussion, refinements, farming dissent and garnering support from the community. Only when your idea is truly ready, after incorporating feedback and revisions, should you advance to creating a preliminary proposal (see STEP 2). ### STEP 2: Create your preliminary proposal on Snapshot Once you are ready to advance to the next stage, you may request a [snapshot 2](https://snapshot.org/#/tastybones.eth) access from the **Tasty Vault Manager** so you can create your proposal and conduct a preliminary vote. Your preliminary proposal must follow the same format as above and must include your **discourse thread URL** for reference. To upgrade from preliminary to final proposal, a **quorum of 8%** must be reached. That means there must be a **minimum of 404 overall votes with majority support** to advance your proposal to the final stage. _These figures are attainable given the_ [_snapshot vote trial 1_](https://snapshot.org/#/tastybones.eth/proposal/0x4d3e6b393746930f05108119e1f03bd701b95b38fdd54d036d293322553a6c1c) _we conducted on April 22, 2022._ ### STEP 3: Upgrade to a final proposal After passing a quorum of 8% with majority support on snapshot, the preliminary proposal will be upgraded to a final one. The core team, in coordination with the Author, might consider further refinement and restructuring to mitigate any potential financial risks and implications. All discussions to refine the final proposals shall be made in [Final Proposal 1](https://forum.tastybones.xyz/c/final-proposal/). The Tasty Vault Manager will be responsible to create the final proposal and conduct the vote on snapshot. We will introduce **quorum tiers** depending on the funding cost associated with the final proposal: ![](https://storage.googleapis.com/papyrus_images/fc5189ebd512866cce4b6faedfcd8746faf6767d6da9b910e61861294a47c8f3.png) ### STEP 4: Receive funding Once the final proposal reaches the minimum required quorum, the release of funds (with 2 of 3 signatures required from co-signers) will be planned and delivered on a per milestone basis as each milestone reaches its respective success criteria. All transactions will be made visible to the public for transparency. Action Parties ============== ![](https://storage.googleapis.com/papyrus_images/fa573ab908deba12c0a2c0905bc5be93226db203cc9ce8b379decea19de525a3.png) FAQ --- 1. **How to create a thread on Discourse?** **Answer:** On our Discourse forum, there are 2 main topic categories, (1) New Proposal (2) Final Proposal. Once you become a discourse user within our forum, you will have privileges to create threads and comment on existing threads in the New proposal category. You will only be able to reply to threads in the Final proposal created by the Tasty Vault Manager. To create a thread under New Proposal, it’s as simple as clicking on + New Topic then writing up your content following the respective format as described above. 2. **How to create a proposal on Snapshot?** **Answer:** Once you have kicked off your idea discussion and arrived at the preliminary proposal phase, the Tasty Vault Manager will give you access to become an author on snapshot to carry out the voting process. Creating a snapshot post will require you to hold at least one Tasty Bone and be an approved author. Once you connect your wallet and join our snapshot 2, you may click on New proposal to write-up your proposal details. Also need to follow template to capture your idea details plus link to discourse forum post. We will be mostly using Single choice voting option allowing you to enumerate the options to vote on your proposal. 3. **How to vote on Snapshot?** **Answer:** To engage in voting on any proposal, you must hold at least 1 Tasty Bone (1 Tasty Bones = 1 vote). Voter also needs to connect his/her wallet to snapshot 2 to be able to vote on proposals. You may see a sample vote here 1. Reference: [https://forum.tastybones.xyz/t/tasty-vault-vision-guidelines-process/24](https://forum.tastybones.xyz/t/tasty-vault-vision-guidelines-process/24) --- *Originally published on [Tasty Bones](https://paragraph.com/@tasty-bones/tasty-vault-vision-guidelines-process)*