Abstract
- The final tax strategy for SFI is getting closer, once that is known it will also become clearer whether the 2021 taxes need to be amended.
- SNF is fully formed from a legal point of view but is still collaborating with the old foundation while they build out their infrastructure and functionality. We’re moving over step by step and going as fast as we can.
- SNF currently has runway until the middle / end of November, which gives time to sort out the SFI tax situation and get another short term infusion, or work on long term plans.
- A revised grants program is likely coming in the next 2-3 weeks together with the new roadmap. It will be more modest than what we had in the bull market and be more focused to benefit and help execute the vision of SCRT as a privacy and confidentiality hub for the entirety of web3.
- Expedited proposals should probably get a higher threshold to ensure wide community support and prevent a subpopulation of the community voting in the first 24 hours. This would also help with preventing non-urgent / emergency proposals being posted as an expedited proposal.
- It may be interesting to look into increasing the threshold for normal proposals as well. The community seems to want a more difficult environment for proposals to pass and this may be an elegant way to achieve that.
- The current proposals to add the shillables and sienna network contracts to the hardcoded admins in the v1.11 upgrade are not guaranteed to be appended even if the proposals pass. An alternative solution that also gives plenty of time for their communities to give feedback is to ask SCRT Labs to consider adding these contracts in the v1.12 upgrade.
Action Points
- Share your thoughts on the Community Guidelines forum thread by SNF: Community Guidelines Proposal
- Discuss upcoming proposals on the forums: Secret Governance - Secret Network
- Cast your votes on the open proposals: Mintscan