# Fund Alternative: Another Split Fund Proposal

**URL:** https://forum.grin.mw/t/fund-alternative-another-split-fund-proposal/8477
**Category:** Uncategorized
**Created:** [February 26, 2021, 12:52pm UTC](https://forum.grin.mw/t/fund-alternative-another-split-fund-proposal/8477 "2021-02-26T12:52:49Z")
**Posts on this page:** 1
**Showing post:** 3

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### Author: ![Anynomous](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/anynomous/32/2928_2.png) [@Anynomous](https://forum.grin.mw/u/Anynomous)
#### Post date: [February 26, 2021, 1:28pm UTC](https://forum.grin.mw/t/fund-alternative-another-split-fund-proposal/8477/3 "2021-02-26T13:28:11Z")

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> [@joltz](#):
>
> 55% remaining to Grin community/ecosystem fund - 4 of 6 with 3 members from the council & 3 from the community. Take volunteers for members. Final membership approved by council. (Possibility to rotate members?)

I woud definetly not start with this number, but build it over time. So basically if we go to any other system, do it gradually.  
I do think we need change, not sure yet which system. In any case, for changes we need clear guidelines, templates for proposal, screening by a second pair of eyes for proposals ets.

> [@joltz](#):
>
> At first start with public funding requests like today, but eventually move towards something like @joltz is suggesting to manage the fund

Whether it is this proposal or:

> [@Fund Alternative: A Split Fund Proposal](https://forum.grin.mw/t/fund-alternative-a-split-fund-proposal/8476):
>
> Split Fund Proposal Below is another alternative to the fund as proposed by @lehnberg, modified by @tromp in keybase chat Overview 33 btc ($1.5m+) earmarked for a new group, name tbd, funds held in a 4-of-6 multi-sig wallet. Members from the grin community volunteer to be multi-sig keyholders. Council selects from the list of volunteers an initial group of keyholders. Funds to be transferred conditional on a set of spending guidelines being defined that this new group pledges to upho…

For now any split fund proposal is a good idea, whether it is this one or the one from Trump. I think that whether Grin++ will have its own fund or if it will befunded by either or both the Rust council or the Community council, it would be good to have some funding alocated to Grin++ and possible UX trials that are more suited to be first tested and implemented in Grin++ than they would be in the Rust node and wallet implementation. For me I am neutral on whehter that has to go through as seperate Grin++ council or any other council. I think support will be there anyhow. Maybe for now two councils would be better, since three councils might devide the community to much.  
On the long run I do think it would be good to slowly progress towards more strucutred application proces such the unified gran application platform.

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