Grants Committee Contributor Compensation
🤲🏼

Grants Committee Contributor Compensation

🤝
GC must get DAO consensus on compensation changes
There is no single canonical place that documents GC contributor compensation.
  • The Constitution does not mention Grants Committee funding
  • The Seasonal Spec from S5 is the last time GC funding was mentioned on Snapshot
    • it lists 50K per GC review and 75K per GC lead, with a 250K seasonal coordinape, 1K BANK/wk for accounting bounties and 1K BANK/wk for audio recording bounties (for a 13 week season)
  • This forum post changes the calculation from seasonal to weekly
    • Each member: 3,846 $BANK/week
    • Leads: 6,250 $BANK/week
 
Current Seasonal Funding Formula
GC Seasonal Funding =
# weeks in season * (
5 * 3,846 +
2 * 6,250 +
1,000 +
1,000
) +
250, 000 BANK
 
 
Grants Committee Contributor Compensation
🤲🏼

Grants Committee Contributor Compensation

🤝
GC must get DAO consensus on compensation changes
There is no single canonical place that documents GC contributor compensation.
  • The Constitution does not mention Grants Committee funding
  • The Seasonal Spec from S5 is the last time GC funding was mentioned on Snapshot
    • it lists 50K per GC review and 75K per GC lead, with a 250K seasonal coordinape, 1K BANK/wk for accounting bounties and 1K BANK/wk for audio recording bounties (for a 13 week season)
  • This forum post changes the calculation from seasonal to weekly
    • Each member: 3,846 $BANK/week
    • Leads: 6,250 $BANK/week
 
Current Seasonal Funding Formula
GC Seasonal Funding =
# weeks in season * (
5 * 3,846 +
2 * 6,250 +
1,000 +
1,000
) +
250, 000 BANK