Compensation Structure for DAO Contributors

[Dermot (Dermot O'Riordan)]

Hey @Patrick727, thanks for adding your valuable perspective to the conversation!

First off, as I’ve said before:

@Dermot

A valuation analysis of a public good is an inherently subjective exercise. Instead of attempting to reduce 100 different variables - from time spent, to location of the team and so on - into a simple equation, we suggest that we focus on improving the language and tools we use when we debate.

So we’re fully in alignment in realising that there is no perfect algorithm and that we need as many perspectives involved as possible.

Following up to some of your specific points:

@Patrick727

Another benefit of focusing on impact factors is that a tool can be created to have the community quickly weigh in on proposals/contributions. That tool may also have its own set of risks and design considerations so I will leave that out here. But it could be as simple a scorecard app, or as web3 as a prediction market like system.

What do you make of the current version of the impact scorecard? See here and the accompanying explanation above -

@Dermot

The scorecard includes the following five factors:

1. Utilization - how widely used is the contribution? 10/10 likely means that it is the most widely and frequently used product in the whole ecosystem
2. Measurable benefit - what is the benefit, and how deep and long-lasting is it? 10/10 would mean the most valuable and long-lasting possible contribution to the ecosystem.
3. Ecosystem-wide significance - how detrimental would it have been if the contributor didn’t make this contribution? 10/10 would mean a truly game changing contribution that dramatically changes the course of Pocket’s future.
4. Impact of keeping the contribution free and open - could the contributor have easily kept this contribution closed source, and do they benefit from this contribution in any other way? 10/10 would mean the damage of keeping this contribution private would have had a incredibly detrimental impact on the ecosystem, particularly when there was an alternative paid business model available.
5. Novelty / innovation factor - it is imperative that we reward creativity and experimentation. 10/10 would be something completely de novo and extremely innovative that involves a lot of risk and ingenuity.

Please bear in mind that this is ultimately a work in progress and the scorecard is merely a tool to help align our thinking. It is not an exact science.

@Patrick727

Thinking with this guiding value in mind, and evaluating based off it I think will do wonders for proactively aligning the community.

This relates nicely to the recent post from @b3n about the new “Eras” structure for the DAO - A new Era in DAO Operations

@Patrick727

Diversity does not mean completely different things. Diversity means a healthy distribution of teams working on similar solutions.

How do you think this point dovetails with the impact factors of ecosystem significance and novelty/innovation factor? There could be a nice interplay here

@Patrick727

Accessibility seems like synergy in some ways, but the difference is in onboarding.

This also seems like a mash up between the utility and benefit impact factors along with a consideration of our DNA