Why is it important?

So funded proposals are evaluated & governance oversight is resourced to ensure accountability & legitimacy through community participation.

What does success look like?

Several projects providing audit, assessment & evaluation tools for funded proposals & oversight of governance changes

Key Metrics to measure

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Audit of funded proposals:

• Number of funded proposals audited in each Challenge using methods funded in this Challenge
• The appropriateness of the auditability approaches taken by proposals funded in this Challenge (e.g. use of both qualitative and quantitative measures; recording what has changed and what has been learnt; the appropriateness and usefulness of the success metrics used).
• The quality & quantity of reports, articles, media, workshops and tools for both quantitative audit measures (performance, achievements, financials, number of onboarded developers, number of commits in funded proposal repositories (Github), indicators of transactions, volume and unique wallets interacting with dApps; number of smart contracts audited; and social media engagement indicators) and qualitative audit measures (return on intention; narrative evaluation; experimental reporting; community engagement levels as reported by participants)
• Numbers of auditability training & education sessions, courses, workshops, presentations and learning resources produced by proposals funded in this Challenge; levels of engagement with these; levels of satisfaction reported by users of these.

Oversight of governance

• The quality & quantity of approaches proposed in this Challenge for overseeing governance changes.

• The degree of variety & innovation demonstrated in the oversight of governance changes.

• Numbers of people in the community engaging with oversight of governance changes as a result of proposals in this Challenge

• The appropriateness, scalability and sustainability of governance oversight approaches funded in this Challenge

• The quality & quantity of reports, articles, media, workshops and tools about Catalyst parameter changes; Voting systems; Community collaboration, communication & notification; and Governance training & education.

  Challenge brief

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Overview

The Auditability challenge aim is to ensure transparency in the use & design of Cardano's treasury resources. This includes auditability of funded proposals that use the treasury & oversight of any changes to the design of the treasury.

Auditability of funded proposals

Auditability of funded proposals provides the Cardano community with information on the progress of funded proposals through techniques appropriate to each Challenge.

With each Fund the number of funded proposals increases. It is extremely important that these proposals are evaluated/audited to assess what is being delivered and if the Return on Intent (ROI)is in the spirit of with what was originally proposed.

Presently IOG monitors the progress of these funded proposals. But as the number of funded proposals scales to the 100s this will become an overwhelming workload for IOG. Therefore auditability activities such as monitoring, evaluation, mentoring and reporting will increasingly be handed over to the community.

Oversight of governance

Oversight of governance provides the Cardano community with information on the design, specification, communication, collaboration, voting and implementation of any proposed changes to governance processes.

As Voltaire progresses many governance changes will be introduced to the Cardano community. It is important that the community has the information and tools to be able to audit these governance changes, and monitor what results they are producing. Proposals in this area might suggest mechanisms for actually conducting audit; or they might propose ways to increase the community’s awareness and understanding of the changes, and of the theoretical background to them, so that the community is able to assess them.