Proposal: Distribution of Treasury Among Society Members
Context:
The Society treasury currently holds approximately 8,000 KSM, which was initially allocated to fund new bids and candidates. However, due to the recent automatic burn redirect introduced by Gav, the intended use for these funds is no longer necessary. Therefore, the Society now has the opportunity to decide how to allocate or redistribute the remaining funds.
Proposal:
We propose to distribute the remaining 8,000 KSM among all 169 Society members in a fair and equitable manner. Each member will receive an equal share of the treasury funds unless an alternative allocation method is preferred by the majority of members.
Distribution Breakdown:
Total Treasury Amount: 8,000 KSM
Total Members: 169
KSM per Member: ~47.34 KSM
Each society member will receive approximately 47.34 KSM, assuming equal distribution. This can be adjusted if the society agrees to apply different distribution criteria based on member contributions, activity, or other factors.