RFC: Retroactive Grants for Organic Community Contributions.
Authors: @Kene_StableLab, @Bobbay_StableLab and @max-andrew
This proposal is geared toward compensating Hop DAO community members who take the initiative and contribute to the DAO Independently.
Members of the Hop DAO community should have adequate incentives to add value to the Hop DAO; regardless of whether it is a long term or short term contribution. This proposal is aimed at creating an organic path to contributing to Hop DAO and getting rewarded.
As the Hop DAO scales its operations, it is important to build a contributor culture here that effectively rewards contributors for their efforts.
Any member of the community is eligible for compensation under this proposal.
Every month, a forum thread for nominations will be opened on the forum. Community members who have contributed to Hop DAO can be self-nominated or nominated by others to receive a retroactive grant. A claim for compensation must contain the following information.
- Proof of work: A summary of work done, along with relevant links and screenshots.
- Proposed Compensation: Amount to be rewarded to the contributor(s)
This forum thread will be open in the first week in following month and will close after 7 days.
Simultaneously, a temp check poll will be conducted on each nomination to gauge a rough consensus on each retroactive grant. We recommend that polls show each voter’s identity rather than their identity being hidden to prevent gaming.
We intend on running this program for 6 months to test out how the community reacts to it, for this initial test period we are requesting $30,000 worth of Hop tokens is sent to the community multi-sig.
In the pilot program, there will be a maximum claim of $2,000 per contributor. In future programs, this can be adjusted.
Once the DAO vote has concluded via snapshot, funds will be distributed via the community multi-sig
By leveraging financial incentives to build a healthy and organic contributor culture, we are excited to see the value that the Hop DAO Community can create organically. Community involvement has become increasingly important as the DAO scales.
What if there is a disagreement on the size of the retroactive grant?
If this proposal is passed, contributors will be able to make claims from the Bounty Pool by the end of April.
Any of StableLab’s proposals, comments or electronic communications can not be used to create any legally binding contract or enforceable obligation in the absence of a fully signed written contract between StableLab and any third party.
This message may contain forward-looking statements about Hop DAO, its protocol, business plan, and strategy. These statements are based on current beliefs, assumptions, and information and are subject to risks and uncertainties that could cause actual results to differ. These statements reflect StableLab’s current views, but due to uncertainties in the future, persons are cautioned not to place undue reliance on statements made by StableLab.