Agenda

• Comp distro vs comp value
• What degrees of centralization?
  • yPeople and yBudgets
  • Dispute resolution
• Team set salaries and budgets
  • Based on needs
• Full transparency

Meeting Notes

• Growth pain points
  • Projections
  • Needs change and need to be able to adapt
• S1 Comp was done loosely, and left up to projects and guilds which created some conversations between them to ask how it was done
  • Guidance given that work should be done at 1000 BANK and hour from GC, @ BANK = 0.10
  • Tensions now coming up regarding payments, and want to get ahead of any issues that may arise
  • Project
    • Education project to do videos on how to do DAO tools like discord and estimate was 120K BANK
    • Legal guild 3 editions of newsletter was also 120K BANK and thought this was more effort
  • Guild
• Comp working group setup to work on some concerns that are coming up but also to be proactive

Guidelines

• Lets create a document and framework for compensation for projects and guilds to use to make better decisions for their funding requests by the end of Season 2
• Governance rights as a working group
• How do we pay?
  • Should it modify on location (SF vs. Phillipines)
  • Should it modify based on skill (Developer vs. Designer)
  • Should teams have set budgets/salaries?
• How do we distribute?
  • Coordinape vs. Bounties
• What degree of Centralization do we want to
  • Yearn is one of the most advanced DAOs in terms of governance, shipping and managing community
    • They have yPeople and yBudget communities that support the other working groups
    • Have fewer working groups than bDAO
  • FrogMonkee doesn't think we need to be as centralized, but maybe governance is needed to standardize how comp is done across the DAO
    • Some enforncement of guidelines
    • Help shape budgetary ask
  • Should it be top down compensation asks are formatted and have some control over making sure they fit within the governance framework
    • Use guidance as reference
    • Serve as a point of
• Comp from the DAO needs to be fully transparent
  • This should be a requirement to be paid by the DAO in the first place
  • Some people do not fully agree with this
  • DAO Wide soft consensus was taken (find link) to provide full transparency to total DAO comp
• on KPIs
  • Tie projects to KPIs
  • Tie comp to KPIs
• Process to request remuneration
  • Goes to Forum
  • Goes to GC
  • At any time, someone can raise objection to how the funding request doesn't match the framework and guidance
• Grendel suggests training or mentoring people creating requests for the first time
• Consistency is a key item - people should get paid similarly for doing the same type of work