PEP-55: POKTscan Geo-Mesh Reimbursement

[Dermot (Dermot O'Riordan)]

I want to give a few satoshis from PNF’s perspective on this proposal:

1. This is an awesome contribution and we are all the better for it. Open sourcing and collaborating on key innovations like this should really be celebrated.
2. We are very lucky to have the Poktscan in the community, so I think we are all very thankful for their obvious impact of their contributions, and the many more to hopefully come in the future.
3. As stewards of the DAO’s treasury, this proposed reward of c.6% of the DAO’s treasury is far beyond our recommended “soft cap” of 3-4% of the treasury we included in our PNF template impact scorecard for DAO grant proposals.
4. Further, we do not agree with a time-based method of evaluating work. As we have said in numerous different places, particularly in this thread -

@Dermot

While we want to have lots of people spending lots of time on Pocket related matters, if we want to create a meritocracy, such effort can only be fairly valued on the output it results in. The impact of our collective contributions is all that matters to the future of Pocket. And we should value each other’s contributions accordingly.

@Dermot

Paying for hours completed rewards inefficiency. It’s similar to lawyers being incentivised to do more hours than they need to. Further, DAO members have no ability to challenge whether or not someone did those hours, or even if all those hours were necessary or not. It could also lead to some strange edge cases whereby a work that required a lot of work, but delivers a small amount of impact would get paid a lot more than something that took less time but was much more impactful

So we would have preferred for our impact framework to be used in this case, and not a time-based accounting method

4. Saying all this, as per my comment in the Leanpokt thread:

@Dermot

we believe that LeanPOKT and Geomesh are very much exceptions to the norm, and the two grants do not set a precedent for future grants. We will be firmly against massive retroactive rewards of this nature in the future, as they should all be caught beforehand by one of the new grant programs that PNF is rolling out via GROW, which helps to give the DAO more certainty over its spending, as well as direction to the community on how we value impact