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Revise project proposal and funding process#114

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pmoncada wants to merge 1 commit intomainfrom
pmoncada-patch-4
Open

Revise project proposal and funding process#114
pmoncada wants to merge 1 commit intomainfrom
pmoncada-patch-4

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Updated proposal submission and review process details, including changes to budget calculations and payment methods.

Updated proposal submission and review process details, including changes to budget calculations and payment methods.
The total amount of rewards each quarter is calculated as follows:

**1. ETH Reward:** 5% of the liquid non-MOONEY assets (NMA) (e.g. ETH, DAI, and other stables), minus the sum total of all the project budgets for that quarter (not including the Executive Branch Budget). Paid in the form of ETH. Assets with fluctuating prices will be priced at midnight of the first day of the quarter,
**1. Stablecoin Reward:** 5% of the liquid non-MOONEY assets (NMA) (e.g. ETH, DAI, and other stables), minus the sum total of all the project budgets for that quarter (not including the Executive Branch Budget). Paid in the form of USD-pegged stablecoins. Assets with fluctuating prices will be priced at midnight of the first day of the previous quarter,
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Should we remove the ambiguity of midnight?

"will be priced at the open price (00:00 UTC) of the..."

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clarification

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