Compensation Structure for DAO Contributors

Love the concept. What does the DAO need done right now? Just like with any hiring position, there first has to be a job description, with milestones and accountability. I think listing the responsibilities and deliverables is the first step, instead of hiring first and then figuring out what they want to do later, or if what they are working on is valuable to the DAO.

When you break it down, you and @Jinx are actually talking about the same thing. Regardless of if it’s a full time hire, or a bounty, both require having a list of tasks that need to be performed. The method on how the payment works is where you differ, but having the deliverables and accountability is required regardless.

Would Poktblade walk away from his very successful hosting business to instead get his paycheck from the DAO? Is that something he wants? Or would Ramiro step away from POKTscan to only work for the DAO?

If they want to work full time for the DAO, then we would welcome a proposal that outlines what they will work on, what the milestones will be, and how there will be accountability. Hopefully PNF will help streamline all of this, but the first step is the dev needs to want to work for the DAO in a transparent manner.

I’m not following this concept if having the DAO give people stipends, without a roadmap and laying out what they are working on… when they already have businesses in POKT’s competitive ecosystem.

Exactly! That is a great example of a dev who sees something that needs attention, and the DAO can reimburse when it’s successful, or PNF can help ensure progress is being made if it’s an imbursement with milestones. Perfect example how any dev, including all the devs you frequently mention, can do work in the DAO and get paid for their contributions.

Many devs projects have been funded WHEN they submit a proposal the DAO can get behind… so there hasn’t been any hiccup with that system thus far. It worked out quite well actually, though there are barriers to entry that PNF is committing to address. I don’t however understand the concept of this system of just paying folks, because they are a dev in the ecosystem, and trust that those funds will go towards benefiting the ecosystem, when they already work for companies competing in the POKT ecosystem. Some have mentioned concerns with PNI and conflicts of interest in the past, yet this new method of paying devs as free-range, without specific tasks, would make ignoring obvious conflicts the default stance of the DAO. I can’t reconcile how that scales.

Do you know of a DAO that has a successful program of funding developers in this manner?

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