[RFC] Rebalance Lead Moderator Compensation Structure to 66% USDC and 33% $HOP

🗳Meta-Governance
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Current Compensation Structure

As outlined in Snapshot Proposal, the Lead Moderator currently receives a monthly compensation of $3,000, distributed as follows:

  • 50% in USDC (paid monthly)
  • 50% in $HOP (linearly vested over 1 year, pending contract creation)

To date, only the USDC portion has been distributed, while the $HOP allocation remains pending due to the lack of a vesting contract.

Proposed Adjustment

This proposal seeks to rebalance the compensation structure to better align with the needs of the role holder while maintaining the total compensation at $3,000. The new structure would be:

  • ~66% in USDC ($2,000 paid monthly)
  • ~33% in HOP ($1,000, based on the monthly TWAP, vested linearly over 1 year)

This adjustment would apply only to future payments and would not retroactively affect any unpaid $HOP allocations.

Rationale

The Lead Moderator role demands consistent availability, time commitment, and a high level of responsibility. To ensure the role holder (myself, as the current Lead Moderator) can maintain financial stability and flexibility amid rising living costs and operational expenses, this proposal increases the proportion of stablecoin (USDC) in the compensation structure.

By allocating a larger portion of the compensation in USDC, the role holder gains greater predictability and security, while still maintaining exposure to $HOP to align incentives with the long-term success of the project.

Implementation Timeline

If approved, the rebalanced compensation structure will take effect starting with the next monthly reward distribution (estimated to be March 5, 2025).

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I think this makes sense. The Lead Moderator role is time consuming and more along the lines of a part time position than a grant. Also, the readjustment is minor and doesn’t change the total compensation.

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Our current moderator @rxpwnz has done an incredible job in that role and I believe this proposal will help balance the ability to cover living expenses while still being aligned with the DAO and its long term growth.

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Voting For the rebalance, providing more predictability to moderator financial compensation.

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5

Voting for the rebalance, echoing the sentiment of everyone else, obvious decision.

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The below response reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking and ideation of the two.

We vote FOR this proposal.

In the past, we recognized Rxpwnz’s contributions. He has been supporting the HOP community for a long time. We agree that his work is time-consuming and carries a lot of responsibilities, and he should be adequately compensated. This change is reasonable and will keep the total amount the same, so we see no reason to be against it.

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