@mix "For this round I think I'd like to explore our due dilligence process - i.e. how do we check each others practice. If this proposal is accepted, I'd like to add a proposal about how we do that."
Is this the same thing as you and @Alanna are working on through this experiment? Analysing what other tools such as cobudget or opencollective have to offer?
@Kieran "How often do we intend on actually making payments?"
In UK the standard is every 4 weeks. No-one I know actually likes this frequency. I imagine it was set up this way to reduce the accounting costs for businesses.
In Australia it is standard to get paid every fortnight. I much prefer this personally.
Not sure what the standard in NZ is, or DE.
@Kieran "Having a second 'longer-term' wallet would minimise the frequency with which @Dan Hassan would have to inject funds, as it could be done once every 6 months into a 4-of-6, managed collectively and moved every month or two into the 2-of-6."
True, hadn't thought of that.
There is also then an additional free benefit that there are different grades of permissiveness/risk. When some new folkx join the team and are more unknown/unfamiliar with what we are doing, there is less exposure to high value wallets, which opens up the opportunity to build in grace periods before becoming a subcore cosignatory on long term holdings whilst also being able to be invited to the shortterm wallet and experience a ceremony and the power and fun of this... maximising good time ritual whilst also mitigating risk...