Contributor Compensation Budget Team

Team

Dogstoevsky

Eli

Specification

Ability to discretionally approve funding requests in Utopia:

Total Budget

• Up to 75000 USDC
• Up to 75000 $KRAUSE

Restrictions:

• Stewards Team can reject any request from this team.
• Stewards Team can revoke this team’s funding.
• Community can revoke this team’s funding via proposal.

Use of Funds

Pay contributors in a variety of forms (bounties, streams, project funding) without going through the treasury proposal process to reduce the friction getting funding from the treasury.

Maximum 30k USDC and $KRAUSE to be paid out in a single month.

Why?

The Treasury is meant to be a slow and thorough process to ensure safety best practices. This increases the friction of getting funding, which in turn increases the friction to contribute. This is an experiment in moving contributor and project funding to the subDAO level.

Success for this project will mean: