After extensive discussions with ZCG, FPF recommends that Ledger submit a formal grant application via GitHub to eliminate any ambiguity regarding the commitments of either party. While we value the good-faith conversations to date, following the established process is the only way to ensure clarity now and in the future.
FPF recommends:
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Grant submission: Ledger should submit a grant application consistent with the proposal in this thread. The grant will be single milestone, no payment will be made until all deliverables are completed by Ledger and reviewed and approved by ZCG (as currently proposed).
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Regular updates: Ledger should provide updates via the Forum in line with other approved grantees.
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Hedging: FPF will hedge the value of the grant as per our standard process.
This approach will ensure the community is informed on Ledger’s progress, the terms and conditions governing the grant and the work to be completed are clear, and the expectations, deliverables, and commitments are clearly established from the outset.