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FeiFeiby0xe63aa29Be1a7303C72bF5D2F4526389597AD70C20xe63a…70C2

FIP-63: Infrastructure Team Funding

Voting ended about 4 years agoSucceeded

Summary

Fund the Rari infrastructure team with the specifications outlined in the merger forum post.

Specification

The Rari Capital DAO has officially merged with Fei to create the Tribe DAO. The infrastructure team is the backbone of Rari, whether It’s development, business development, community management, design, or strategy. Up until the merger, contributors have been compensated in RGT. In Joey’s initial post to the Rari Capital community (FeiRari Token Merge - Rari Governance Forums 3), he proposed the following long-term payment plan that would provide more structure to contributor compensation.

“Establish a joint task force to build cross-protocol integrations and keep long term roadmap alignment, and provide additional treasury resources for the existing Rari Infrastructure Task Force, 6M TRIBE and 6M FEI to vest linearly over 3 years.”

Unfortunately this element of the merge was left out on the Snapshot and the on-chain DAO vote, which is why I am revisiting this topic and proposing it once more.

MODIFICATION MADE ON FORUMS: LENGTH: 2 YEARS TRIBE AMOUNT: 4,000,000 FEI AMOUNT: 4,000,000 Any unvested tokens can be clawed back on-chain at any point during this timeframe.

https://tribe.fei.money/t/fip-63-infrastructure-team-funding/3855/10

Motivation

As the infrastructure team grows and expands, I would like to revisit the conversation that was once had in the original proposal. Having this allocation of resources from the Tribe DAO would allow us to retain all of our amazing talent and grow to the next level.

Voting Rules: This is a binding, binary snapshot vote. The result will be enacted by Optimistic Approval. Quorum is 10M TRIBE.

Off-Chain Vote

Fund Infrastructure Team
17.77M 94.6%
Don't do anything
1.02M 5.4%
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Timeline

Jan 09, 2022Proposal created
Jan 09, 2022Proposal vote started
Jan 11, 2022Proposal vote ended
Oct 26, 2023Proposal updated