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[Resubmission] DAO Committee Compensation

EnactedGovernance

Proposal Details

Author0xd11a…1f49
PublishedSep 13, 2022 17:39
Voting beginsSep 13, 2022 17:39
Voting endsSep 27, 2022 17:39
Snapshot#fkreicb

Description

The main responsibilities of the DAO Committee are: * Update proposal status in the governance platform (promote to enacted, passed, rejected) * Keep updated smart contract lists such as: POIs, BanNames, Catalysts and Linked Wearables. * Manage the Grants Program (deploy, fund and revoke vesting contracts) * Execute Treasury Operations (do transfers, swap funds). * Calculate and execute compensation for the Wearables Curation Committee. * Reimburse gas fees to the DAO Committee. * Refill gas tank of Polygon Relayer periodically. Some other tasks related to the role are: * Attend bi-monthly Town Halls and provide general community support. * Give feedback to proposals, evaluate risks and implementations pathways. * Contact external organizations in the name of the DAO.

Voting Power

03M6MRequired to pass09/1309/1709/2009/2309/27
YesNo

13 Comments

DAOTimesJan 25, 2023

PM me if you want to add a comment to the article https://twitter.com/dao_times/status/1618059207323914242

daoOct 13, 2022

[Resubmission] DAO Committee Compensation This proposal has been ENACTED by a DAO Committee Member (0xfe91c0c482e09600f2d1dbca10fd705bc6de60bc)

daoSep 27, 2022

[Resubmission] DAO Committee Compensation This proposal is now in status: PASSED. Voting Results: * Yes 99% 9,654,763 VP (84 votes) * No 1% 2,110 VP (1 votes)

KLowSep 20, 2022

We appreciate your hard work. Many in this community have been contributing in massive ways without compensation. Without funding our community it can only last so long or go so far. You deserve to be paid for your continued efforts and we thank you for your service and oversight

KlockmannSep 19, 2022

Yes, yes and yes. Compensate the gate-keepers of our community funds. The rate is fine in my opinion, could even be higher. We need to have well-payed administrators in such trusted and security matters, to ensure quality, duty and dedication. Voting yes, with a big yes. Thanks for all the work you put in it, Yemel & HPrivakos.

KalebKSep 17, 2022

A well deserved 'thank you' to the DAO Committee (past and present) for working so hard without any compensation this entire time. I think the hourly rate is high, but the fact they have worked for nothing since inception makes it fair in my eyes. Also, I imagine the Committee will likely work more than 4 hours a week as Decentraland grows, so I see this more of a 'salary' than an hourly rate (and I want them feeling like they are adequately paid if they may need to work more than 4 hours per week on average). Voting yes.

SeannySep 16, 2022

[quote="yemel, post:6, topic:15144"] I believe the responsibility of securing a treasury valued in millions of dollars, plus the required knowledge in blockchain, smart contracts, and programming skills are very valuable nowadays. [/quote] I think this is a **very** valid point made by @yemel. The fees may seem high at first, however, the DAO Committee is, quite literally, the last line of defense for the DAO. Setting up compensation schemes is an important first step in gradually building out more of an organized framework in the field of community management. @yemel; just a question to clarify the nature of this governance proposal; is the plan to pass this compensation structure ad eternum? Or will this be passed as a grant every 6 months? I'm just wondering what the revision process would look like in the future as we continue structuring ourselves. Also, just an additional note on this: [quote="yemel, post:6, topic:15144"] It would make sense to migrate to a performance-based payment scheme before growing the committee from 3 to 5 members. [/quote] I feel the approach you're currently taking (ie, general compensation) is far more suited to this role. I feel we often underestimate how much responsibility rests on the shoulders of the DAO Committee & SAB when it comes to holistically protecting the project, and such actions can't always be broken down in quantitative means. The 'amount of transactions initiated and signed by the member' only tells a small part of a much bigger story/contribution you bring to the community on a day-to-day basis. Once again, it's this point that I resonate with the most: [quote="dao, post:1, topic:15144"] Setting compensation for its members is key to attracting qualified candidates to join the committee and securing the timely operations of the DAO long-term. [/quote] We need this development, not just to attract the right talent to the position, but also to ensure that we have enough of an impetus to then start building more of a tangible framework around our community's structures and contributions.

michiSep 16, 2022

Thank @yemel , I just want you and @HPrivakos all the time. No automation can replace that <3

yemelSep 16, 2022

Hi @michi and @Eibriel, thanks for pointing out the adjustment of the hours per week and rate. Previously: “10hrs per week at a rate of 60 USD/hr” Revised version: “4hrs per week at a rate of 150 USD/hr.” Both proposals total $2,400 USD per month per member. The rationale behind the reduction of hours is **Automation**. We have been creating tools to address recurrent tasks, reducing the time required to complete our duties. For example, we previously deployed each vesting contract individually and now we are processing them in batches. Based on the current status, 3 hours per week should be enough to initiate and verify the transactions sent in the name of the DAO. The other hour per committee member should be enough to improve our tools and participate in town halls. I do invest a lot of time in Decentraland matters, but I like to believe those hours are my choice as a voluntary contributor to the community and not my role as DAO Committee. [quote="Maserphaz, post:5, topic:15144"] $150/hr USD is WAY and above any normal rate for the most part signing transactions… [/quote] Do you have any datapoint of how much other DAOs are paying their trusted proxies? I believe the responsibility of securing a treasury valued in millions of dollars, plus the required knowledge in blockchain, smart contracts, and programming skills are very valuable nowadays. I do agree that this payment structure scales linearly with the number of committee members. It would make sense to migrate to a performance-based payment scheme before growing the committee from 3 to 5 members.

MaserphazSep 16, 2022

I agree that you should be compensated, but the rate seems outlandishly high for so little required hours and breadth of work. $150/hr USD is WAY and above any normal rate for the most part signing transactions.. I noticed in the draft proposal the rate was 10hrs/wk @ $60/hr. Even that seemed like a lot tbh. Is this work worth $4,800 - $6,200 a **month** to DCL? I would imagine half that at most.

SinfulMeatStickSep 14, 2022

PAY DA PEOPLE :D!!! they are working hard!!!

EibrielSep 13, 2022

Voting Yes, the comittee performs a critical job and needs to be compensated. Curious about the reasoning behind the "4hs per week 150 USD/hr" numbers.

michiSep 13, 2022

Love this! Just curious as to why the hours were reduced but the workload seems to be same/greater and the importance of the squad hasn’t decreased? Previous proposal: “Each committee member will commit to working 10hrs per week at a rate of 60 USD/hr.”