DAO Ops proposal

[kempsterrrr]

Great efforts moving forward with another proposal @Erik_Knobl - lots of interesting concepts and ideas.

@Erik_Knobl

1.1 DAO Ops

DAO Ops main goal is to coordinate revenue-generating activities operating under the Developer DAO Foundation legal setting, and use the income to support the Community activities of Developer DAO.

This will be done by creating the framework for members willing to perform activities with the capability of generating revenue (Executives), be able to receive a share of that income, and send the rest to the DAO’s Treasury. This income will be used to reward contributors willing to perform activities that will benefit and grow the community (Operators).

A large part of the DAO Governance Structure Upgrade was to simplify and clarify structures and roles.

Have you thought about the complexity this new terminology is adding back into the DAO? If so, what are your reasonings for adding more role terminology back into the mix vs not?

How are these Operator roles selected?

@Erik_Knobl

USD based payments
The DAO won’t spend more than half of what it currently has, therefore, total funding for Community tasks can’t be more than 50% of the total existing USD in the DAO Treasury on the first day of each new season. The DAO won’t risk spending more than what’s already in its pockets.

• Total current existing USD in the Treasury: 133,949
• Total budget requested (50% of the total): 66,974

Is the intention here to be cash in the treasury on a given day or leftover cash from the previous season?

The figures you’re quoting here include income/expenses from Season 2.

Below is the balance sheet today, not including S2 income/expenses or job board revenue. The critical number is Equity (Cash + what we’re owed - what we owe) = $88,454.41

This will have a very meaningful impact on the proposed budgets, they would be $44,227.205 rather than the $66,974 currently being used.

In general, very supportive of having mechanisms for ensuring the treasury is protected and it’s growing over time. I wonder if the above info would impact your thoughts about budgeting for S2.

@Erik_Knobl

General amendment: Other sub-DAOs can request in their budgets up to 5% of the total funding of the total existing USD in the DAO Treasury on the first day of each new season, and it will be up to the Stewards to approve or negate that expense based on the importance of the tasks performed by the sub-DAO. Initial suggestion would be to limit the number of approvals of this type of funding to 2 or less for season 2.

Love the idea of setting the threshold and putting that decision to the Stewards. Is this on top of the 5% for non-revenue generating roles, and is that per Sub-DAO?

@Erik_Knobl

$CODE Rewards
The total request for $CODE will be a pool of 100,000. The rewards allocated to each contributor will be 1 $CODE for each USD paid. $CODE not used in this way will be returned to the DAO in the first 5 days of the end of the season.

Thoughts behind this $1 rate for $CODE? Do you see it being expanded across the DAO for other activities?

@Erik_Knobl

[DRAFT] DAO Ops Tasks S2

These numbers aspirationally are interesting but depending on your thoughts on the above might need to changed and that will have knock on affects.

A few questions/thougnts:

1. Why are most roles documented with what seems like hours and the coordinator’s roles on %? If we update the revised figures I’ve shared above, that will leave the ops work at $2,200, which is not sustainable for the level of work. This means ops would coordinating AR/AP/Contracts/Payments etc. for less money than the folks they are coordinating doing work that takes less time
2. I don’t think paying folks for unsponsored content is a good idea. We can use $CODE for that.
3. I’m not sure your numbers make sense vs the number of partners we do/don’t have. Could be interpreting the doc though !! I believe using smaller amounts to retain folks for roles, and then multipliers based on deliverables makes more sense ala the original labs proposal, specifically for editing and writing sponsored content. This achieves balance between retention and drive to increase revenue.