Author(s): Chris_uk#3541

Summary:

The goal of this retroactive compensation is to fill and distribute a one-time retrospective, incentive, compensation and reward distribution for active members in the DAO covering the off-season workload between season 0 and the new launch of our workstream proposals.

Motivation:

This was to reward work done by a number of DAO members across numerous tasks that have effectively been solely based on volunteerism for Goblin Sax. This will help in our mission to distribute more SAX tokens to active DAO members who may not have received our governance token from season 0 as well as help to continue incentivising active participation within the DAO by all members.

Scope of the brief:

Total rewards based on OPs raised ($~1.5m) and max Sax tokens (100m) for 20 active DAO members.

	USDC	SAX token
Total	25,636	493,248.8
%	1.7%	0.49%

Please see below the link Goblin Sax comp distribution- Goblin Sax - Retroactive Compensation

Compensation structure:

Compensation awarded to each DAO member was calculated on a case-by-case basis. This was dependent on what each member had done for the DAO since inception, the level of activity and engagement, how long they had been part of the DAO and remained active, perceived additive value to the DAO either through, revenue generation, core abilities, content and /or operations additionally, whether they had incurred any costs on behalf of the DAO.

Potential Impact:

Hopefully, we will reach everyone who deserves to be compensated and reward our members for their continued active participation in Goblin Sax. Ultimately, we are only human and may have missed out on someone who may deserve compensation for work done.

Next Steps:

The Snapshot voting process begins now and will end in 4 days.

YES: Approve & proceed with the above proposal, with each DAO member receiving their corresponding share as seen in the spreadsheet.

NO: DO NOT approve & proceed with the above compensation