The Graph Council - Meeting #26 Notes

Council members value transparency and have agreed to follow Chatham House Rules for sharing meeting notes. On Tuesday, March 22, 2022, The Graph Council held its 26th meeting.


Council Members (“Members”)
Brandon Ramirez
Gary Morris
Justin Moses
Santiago Palladino
Sebastian Siemssen
Spencer Noon
Yaniv Tal
Yondon Fu

The Graph Foundation
Eva Beylin, Director, The Graph Foundation (the “Foundation”)

Observer and Note Taker
Observer: Jeremy Sklaroff, Edge & Node Ventures, Inc. (“Edge & Node”)
Note taker: Oliver Zerhusen, the Foundation

Council Business
The meeting commenced at 11:02 am PST


Foundation treasury vested token release

One Foundation member provided details of the 2022 budget and a subsequent request for release of vested Foundation GRT treasury tokens. Members discussed anticipated expense items for 2022 and how to best break out budgets for security audits, bug bounties and other items. The Members agreed to review budget structures of other web3 projects and DAOs prior to proceeding with a Council vote.


The Members discussed an incremental grant proposal from a Core Dev team in response to expanded engagement shown in the ecosystem that is proposed to grow further. The Members agreed that the Core Dev team has demonstrated an engagement level that is above the initial scope of the grant and which significantly contributes to the successful growth of The Graph ecosystem in web3. The Members agreed to proceed with detailed discussions on this proposal.

The Members discussed a grant opportunity that could bolster The Graph’s value proposition for SLA-focused entities. The Members discussed the pros and cons of integrating such a model at The Graph. The Members agreed to await the outcome of future meetings scheduled with the potential grantee until evaluating this opportunity in more detail.

A Member presented his interview feedback of a potential grantee aiming to develop standards for high quality subgraphs and to lead working groups in The Graph ecosystem, and also provided feedback on a potential grantee proposing complex multi-subgraph developments in an effort to establish generic methods for subgraph development. The Members weighed the benefits of each proposal and reviewed various models of integration into The Graph ecosystem. The Members agreed to proceed working out detailed models that the Council can further review and vote against.

Community Decentralization

One Foundation presented a summary of a plan to further expand decentralization of the Graph community with defined oversight of community programs. The Members agreed to await a funding proposal in the coming weeks with more details.

Council Charter

The Members agreed to extend the Council Charter review process and discuss feedback from Members and details of publishing the Charter at the next Council meeting.