Stage 2: DRep Role in the Budget Process
Objective: Learn the specific responsibilities of DReps within the budget cycle.
Content:
DRep Role in the budget process
In the Cardano budget process, DReps (Delegated Representatives) play a crucial role in budget approval and oversight. Their responsibilities include:
Reviewing Budget Proposals: DReps examine proposed budgets, ensuring alignment with Cardano’s strategic goals and community priorities.
Providing Feedback: They engage in feedback cycles with the Budget Committee to refine proposals, particularly during socialization stages.
Voting on Final Approval: DReps participate in voting to approve or reject budgets and other financial actions.
Monitoring Quarterly Reports: DReps review quarterly financial reports to maintain accountability and transparency for approved spending.
This process ensures that DReps represent community interests and uphold the transparency of Cardano’s financial planning.
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