Ecosystem Growth Council Weekly Update Thread

Hey @coffee-crusher !

Thank you so much for this question and the follow-up on this week’s governance call. Apologies again for the delay in response.

I will post an answer in the thread as well, to make sure that people who could not attend the governance call and are interested in the topic are able to follow the conversation.

The original EGC proposal did not mention a specific timeline, but it highlighted a set of responsibilities, which are:

  • “Reviewing and responding to RFI responses

  • Approving growth proposals, ensuring there is the appropriate alignment and oversight in place

  • Reporting on the results of the council’s activities

  • Sourcing potential external collaborations

  • Familiarizing themselves with relevant research topics concerning growth

  • Attending regular meetings (at least 2 team check-ins per month)”

The initial proposal also shared a tentative timeline. It looked like this:

Month 0: voting cycle, approval, recruiting process (assuming this is June 2025)

Month 1: council officially commences, reviews RFIs, and reviews research

Month 2: scope additional RFIs/RFPs, review, provide feedback, refine

Month 3: begin making decisions about which growth programs to support (specific projects that can be considered on an ad hoc basis), initial reporting, continue sourcing new ideas as appropriate

Months 4-5: depending on the volume and quality of ideas/proposals, the EGC could continue the review and approval process, and/or shift to working with the awarded initiative to maximize success. Additionally, a draft of the charter should make it to the forum during this time so that it can be included in the voting cycle taking place during month 6 to avoid disruption (assuming that reflects the interest of the DAO).

Month 6: Final report, extension, or renewal including charter.”

When the EGC met for the first time in August, we realised that we needed to conduct the necessary research, align on growth priorities with Scroll’s Up Labs, define the relevant evaluation metrics, and define the scope of the council through a charter before we could properly review the existing RFIs. Due to that, we had to push the initial timeline by a month.

Here is an updated version of the first 2 months of the timeline:

Month 1: Council officially commences, drafts EGC Charter, and shares it with the DAO for feedback, reviews research, drafts and discusses growth strategic priorities and evaluation metrics, drafts proposal pipeline and SOP, drafts tentative RFPs, and aligns with Up Labs on growth.

Month 2: Finalise the final proposal procedures and share it with the DAO, review RFIs.

Generally, we are aiming at sticking with the tentative timeline; however, as we progress on setting the foundation for the EGC, and we identify gaps in structure that were not previously foreseen, we might stray from the original tentative timeline at times, and we will communicate those, as well as any other additional actions the EGC will take.

Following this feedback, I will aim to increase the context given in the updates as well as details on the alignment with the tentative timeline.

Please feel free to let us know if you have any follow-up comments or questions.

Thank you again for your support,
Miana - on behalf of the EGC

4 Likes