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GearboxGearboxby0xf3D476566BCC8E882A3910F1471428522449d89Enikitakle.eth

[GIP-185] Update compensation for Tech & Finance Multisig Members

Voting ended about 1 year agoSucceeded

Author

nikitakle

Summary

This proposal aims to increase the rewards for participants in the technical and financial guards (multisigs) and a tiny signer reshuffle. DAO requests an allocation of 3M GEAR per quarter for technical multisig and 3M GEAR per quarter for financial multisig and a small reshuffle.

Motivation

The technical and financial multisig continues to be very active in signing transactions that support Gearbox Protocol. These processes are important and deserve increased attention. By increasing compensation in GEAR, we want to equalize the average for multisig participants and increase compensation.

I propose the following compensation for multisig participants:

Technical multisig: 3M GEAR/quarter Financial multisig: 3M GEAR/quarter.

This will adequately reward multisig participants for their work, as well as keep them motivated to complete transactions quickly and efficiently.

As time goes on, some members of the multisig become less involved and we always try to make sure everyone is as involved as possible, so it is suggested to reshuffle the technical multisig and replace (0xcD25fFc7888e0cA96014dC729394E8F09Faf7706) Alex ex-Neutrino with (0xb647055A9915bF9c8021a684E175A353525b9890) Matthew from TokenLogic.

Next Steps

If approved, the changes described above will be implemented right away.

Off-Chain Vote

Approve
215.95M GEAR94.6%
Reject
12.41M GEAR5.4%
Quorum:114%
Download mobile app to vote

Discussion

Gearbox[GIP-185] Update compensation for Tech & Finance Multisig Members

Timeline

Dec 06, 2024Proposal created
Dec 06, 2024Proposal vote started
Dec 09, 2024Proposal vote ended
Dec 22, 2025Proposal updated