After taking a look at the role of the Application Advisor, it is the opinion of Serious People that we can make a few suggestions on the best way to design this role given the new information that we have. Many things have remained the same, but as we create an easier way for the proposals to be compared to one another, that should be reflected in the role of the Advisor(s). We have built off of Matt’s initial work here to update what we believe would be the best way to set up this position.
Application Advisors are integral to the proposal process, serving as impartial entities with DeFi expertise. Their primary function is to provide detailed, unbiased feedback on applications, aiding protocols in refining and improving their submissions.
Collaboration with Council and Program Manager: Work jointly to design the application template, KPI’s, and a grading rubric, ensuring alignment with council expectations and clarity in the evaluation process.
Feedback and Recommendations: Offer detailed feedback on each eligible application assigned to your team during the review period.
Communication with Applicants: Engage actively with applicants to streamline the application process, aiding in proposal improvements and clarifications.
Hosting Office Hours: Schedule and conduct public office hours 3 times per week while the program is running for protocols to seek advice. This will focus on transparency and accessibility. All interactions during these sessions will be recorded and summarized for everyone. Order of speaking on the office hours will be on a first come first serve basis.
Impartiality: Advisors must remain unbiased, especially as they do not have the final say in proposal acceptance. While application advisors will work closely with the council members to create the Rubric, advisors should not interfere with the votes from the council nor guarantee any outcome to projects they speak with.
Continuous Engagement: Post-application feedback is crucial, as is ongoing involvement in the later stages of the process, subject to discussion and agreement with relevant parties. There may also be later involvement in the process when the program is running or over.
Timeline and Process
Pre-Application Phase: Advisors are required to hold open office hours, focusing on guiding applicants in preparing their proposals.
Application Review Phase: Each proposal receives at least one detailed feedback report addressing key criteria established by the DAO.
Post-Application Feedback: After the submission of proposals, advisors provide insights on the process and suggest improvements for future cycles.
Selection and Ratification
The application to be and advisor is currently open here: LTI Pilot Program Position Application Thread