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dHEDGE DAOdHEDGE DAOby0x19857337DCE8E1297d87fc9b9fB80Ad43FBDCfD20x1985…CfD2

Review dHEDGE EcoDAO Councilors' reward

Voting ended over 4 years agoSucceeded

Hi esteemed dHEDGE DAO community, I’d like to propose a review to the EcoDAO councilor’s reward rate and structure.

The rational is: EcoDAO councilors serve the dHEDGE DAO by facilitating community and ecosystem engagement. I suggest to show consideration given the crab market conditions and adjust the councilors’ monthly reward while still considering dHEDGE protocol's TVL and DHT emission rate.

At the time of establishment of the dHEDGE EcoDAO, councilors' reward was set to 666 DHT per month. At the time, DHT was trading at above DHT:USDC 2.4 . Given the present crab market conditions where DHT:USD <1$ , current councilors reward in fiat terms is significantly reduced.

I suggest reviewing the reward structure to include additional 666 DTOP per month and by that making it: 666 DHT + 666 DTOP per councilor per month and review this structure again quarterly, next time by end of Q3.

Off-Chain Vote

Leave reward at 666 DHT pm
146.76K 32.2%
Improve to 666 (DTOP + DHT) pm
120.93K 26.6%
Change to 999 DTOP pm
187.66K 41.2%
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Timeline

Jun 23, 2021Proposal created
Jun 24, 2021Proposal vote started
Jun 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated