PEP-42: Reward and Decentralise (RAD)

Thanks @b3n for sharing. Love @PoktNews and I have appreciated what they do in the public channels.

Do you think there should be gates and/or mechanisms for contributors that earn regular bounties to keep raising the bar?

I will give an example-

@PoktNews does a great job in capturing and reporting, I think we all will agree. But their reach is small (702 running). I bet a big number there are those who have already been red-pilled, in other words Pocket insiders.

I understand this is just the 4th month of RAD and this is not to take away the credit behind what @PoktNews has done so far. I am forward-looking here.

After a while news capture and reporting in such a niche environment become routine jobs.

So how do we facilitate the bar to rise, such as in this case @PoktNews focussing on optimum distribution and reach here onwards (which is what ultimately matters)?

Or is that something you wouldn’t want to deal with at this point because it conflicts with RAD’s philosophy and objectives?

I am very specifically referring to contributors earning recurring bounties.

Thanks for reading.

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We love the PoktNews!

At the beginning of RAD we took some small and very pragmatic liberties to find ongoing contributors and @PoktNews has been one of our successes.

I agree that bounties should generally be for discrete rather than recurring work. We are designing a lite weight mechanism for recurring contributions that we call Sockets. Sockets will provide ongoing funds to contributors in return for them working in the open and demonstrating their ongoing value. This does not mean we should expect them to deliver ever expanding reach month to month, but more that we want them to share openly the metrics they focus on and the types of experiments and tactics they are deploying to achieve their goals. I’m pretty sure if they’re continually experimenting and learning the results will come.

I think the experiments PoktNews has been running - PoktNews Weekly, Behind the Avi, & many other tactics - are really interesting. I wouldn’t be surprised if the more they work in the open the more impressed we’ll all be at the things they are doing and trying

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Thanks @b3n for the prompt reply. Didn’t want to sound too anal, just was thinking aloud. Look forward to seeing what’s next!

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And yes love @PoktNews!

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steps up nervously to the podium for the first meaningful post

Hey Caesar, big fan and we always love your input. But to clarify, the PoktNews page isn’t what the bounty is for, it’s solely for managing the PoktDAO Twitter page.

PoktNews has never been a metrics-focused page. The approach we chose to adopt is “If people find value in it, they will like, retweet or follow and if they don’t they won’t” which is why we dont post in public channels or ask for likes or retweets so our reach grows a lot slower but more organically. Tbh we hadn’t realised 702 followers is small, we’re quite elated with that :grin:

We agree the bounty for the PoktDAO page should be measured by metrics and deliverables, and there are probably members of the community that are better qualified and with more experience than us and we would happily step aside to ensure the DAO and RAD program gets more bang for their $Pokt.

But this won’t stop us from doing what the PoktNews page is currently doing (tbh we’re not sure what that is, we’re just winging it đŸ«Ł)

Thanks for reading. PoktNews Out! drops mic

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So 2 things happened-

a) @PoktNews just spoke :scream:
b) Caesar got schooled in DMs by the defendooors :rage: of @PoktNews to back off!! This community indeed loves :heart: @PoktNews

Hear me out :man_shrugging:

Not here to police; plus this is in the capable hands of @b3n

Yours was an easy illustration for me to ask @b3n if there are ways (maybe incentivise) to encourage regularly paid contributors to do better. Was done with good intentions that got misconstrued somehow.

Thanks for reaching out and thanks for correcting me, but otherwise no explanations needed.

Please keep doing whatever you are doing, and I will do my part to keep you busy and entertained :wink:

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Full support for @PoktNews ! If people (DAO) forces PoktNews to focus on reporting stats and metrics only, it wouldn’t make it most likely. It’s true that it still has “only” 600ish followers, but it keeps growing organically and will keep growing more and more because of the content quality, quick posts and the ability to summarize most important news around Pocket on a weekly basis. It’s a quality work that should be encouraged.

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Clarification has already been made and some of us here also might have understanding of content strategy.

Will save further comments on content for a separate thread.

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RAD Update - Program Month 5 (February 2023)

February was the fifth month of the RAD program. You can see the bounties completed here on dework: https://app.dework.xyz/pokt-network

Results:

In the month of February, 8 bounties were completed and 7 will be paid which makes it the largest month ever for the program. This included:

  • @h5law completed a number of bounties to keep his streak going
  • @0xBigBoss started contributing to core protocol development
  • @profish finishes the github wiki
  • and as always, @PoktNews stars at running PoktDAO twitter

A number of other developer bounties are in progress.

Retrospective:

Our fifth month on RAD bounties has delivered some important milestones:

  • We have onboarded our second protocol dev (BigBoss) from the program
  • We have now exhausted the RAD budget and will return soon with an updated proposal for continuation of this program
  • Our first Socket grant from the GROW program run by PNF goes to PoktNews. They will become the first person to receive a grant from this program and will transition away from the recurring monthly bounty

Rewards:

February rewards for the RAD program will be disbursed before March 15th. Funds to be disbursed can be seen below:

h5law - Developer Bounties (x4) - $11,200USD | 164,220 POKT

BigBoss - Protocol bounty - $800USD | 11,730 POKT

PoktDAO Twitter - PoktNews - $1750USD | 25,660 POKT

Profish - Github Wiki - $1000 | 14,662 POKT

Note: These rewards use the 30 day (Feb) average price from CoinMarket cap of POKT. This price is 0.0682

Program Funds: **

600,000 POKT

Balance - Start of February

116,934 POKT

Rewards - February

216,275 POKT

Balance - End January

-99,341 POKT

Difference covered by Pocket Network Foundation

+99,341 POKT

Net:

0

This brings to a close the experimental RAD bounties program after 5 months of operation. We think this has been a successful program and will provide a further update to the DAO shortly.

Thankyou to all involved who participated, completed bounties and helped make this Pocket contribution program a success. And a special thanks to @jdaugherty and @Olshansky for playing such an important role in collaborating with new partners.

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Summary: RAD Season 1

The PEP42 - RAD experiment is now complete. Below we will outline performance against the objectives of the program. As a reminder, the objectives of the original proposal were:

  • Provide more paid opportunities for DAO participants and community members
  • Further progressively decentralise Pocket Network’s workforce
  • More closely fuse Pocket Network, Inc. team activities with the DAO
  • Learn through small-scale experiments how to optimise contributor experiences and work collaborations

We believe that the first iteration of the RAD program has achieved each of these objectives.

Provide more paid opportunities for DAO participants and community members

Prior to RAD, some contribution programs did exist at Pocket in the form of Triforce and the Scholarship Fund. The total number of external contributors funded by these programs was ~5, and only 1 or 2 were people that might be considered new to the community.

Through the RAD program we funded a total of 28 bounties to 13 individuals. Of these, 4 were new entrants to the community whose relationship with Pocket started through their RAD contributions. Two of these were even hired by PNI subsequent to completing bounties.

While the barriers to completing specialised developer bounties are quite high, even today any individual within the Pocket community can be rewarded for referring talent to Pocket or for generating relevant community content through the RAD program.

These small but encouraging results give us confidence in the longer term possibilities of the program. We would also just note that we may potentially have achieved even more for Pocket DAO if the POKT price had not declined 50% in the time since the proposal was passed, which has ultimately reduced the runway of this program.

Further progressively decentralise Pocket Network’s workforce

One benefit of the program has been our ability to increase the decentralisation of the workforce of Pocket. We now have 2 contributors to the core protocol operating through the RAD program, as well as having had our external PoktDAO twitter account funded by RAD.

These bounties are not just vanity activities but core functions of how Pocket Network operates both internally and externally. RAD has often been the catalyst for new conversations about the nature of work at Pocket and the start of relationships that even though start quite discrete, tend to be leveraged into continuing and increasingly important roles as trust and accountability are established. This increases not only the value of the work but the value of the ecosystem as a whole.

More closely fuse Pocket Network, Inc. team activities with the DAO

RAD bounties enabled benefits for PNI that persist to this day, including “increased overall project velocity, addressing techdebt that may have otherwise been kicked down the road
 and found owners for un-owned parts of codebase including FT contributors.”

We currently have two external protocol contributors working with the V1 team via bounties. While we do anticipate the nature of these contributions may well evolve beyond bounties over time, PNI now has contingent, external contributors working with them on a recurring basis through the RAD program. We hope this gives them, and the broader community, further encouragement that our path to progressive decentralisation is sustainable and will be a success.

Learn through small-scale experiments how to optimise contributor experiences and work collaborations

Much has evolved since the RAD program was developed, which has provided us clarity around further experimentation with programs like GROW. That said, we have been able to run small scale experiments to further tune the RAD program. This includes:

  • Through the program we have experimented and refined the systems for working with external contributors. This has included further defining how external contributors access core systems like Github and how we authorise activity for social media accounts
  • Through the Poktopus Army we have experimented with an “externally” run set of bounties being delivered within the program. While momentum has slowed on this it does give us confidence to further explore how RAD can be a program leveraged by others in the community, not just PNI
  • Through the Referral bounty, we have been able to experiment with leveraging talent referrals; a key part of growing any community or DAO. This identified the high level of talent in our extended networks that Pocket can try to access in more effective ways, although perhaps RAD is not a compelling enough mechanism to really make this work
  • Through the Pocket Trophies bounty, we used a completely external contributor to Pocket who was relatively low context on how Pocket works. The result of this work was actually really good, and gives us confidence that we can use external knowledge within Pocket in targeted ways and to onboard new people into our ecosystem.

The future of RAD

With the encouragement of these results we plan to put forward a proposal for a continuation of the RAD program, addressing some of the opportunities and weaknesses of the program outlined above. Expect to see a new post in the forum soon.

As we close out the program a thanks again to all who have participated and supported us. We welcome anyone involved to share their own reflections, colour and feedback about the journey of RAD below.

Many thanks,

Ben, Jess, Jack, Ming and Olshansky

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I have been doing bounties through the RAD program for the last few months now and have really enjoyed getting involved with Pocket. This is such an enthusiastic community and from what I have seen everyone is really keen to get more people involved through initiatives such as these.

The team at PNI are amazing when it comes to helping newcomers like myself get involved and do some real work at the protocol level. Huge shoutout to @Olshansky and @jdaugherty for being the :star: s that they are.

I am excited to keep on doing work not only with bounties but also with the new GROW initiative @b3n mentioned. I would love to see more larger tasks come out as bounties. I had the opportunity to work on a few larger tasks as part of the bounty system and these taught me a lot. It is from these larger pieces of work that community members contributing to the protocol can really see where it is that they want to focus their time and energy. When we are given the chance to work on larger bodies of work we can provide more meaningful contributions, this doesn’t mean that addressing tech debt or doing smaller tasks is not meaningful. But at the core of Pocket is decentralisation. By decentralising not only the protocol team but every aspect of contribution to the project, we ensure the long-term survival of Pocket by removing its reliance on the core team at PNI (I believe they are doing great work :brain:). And in my opinion, this can only be achieved by getting more people working on the bigger open issues. And I think RADv2 will continue towards this goal with @b3n at the reigns.

Let’s see what bounties lie ahead :wink:

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