Summary This proposal requests a renewal of the IPORIAN budget allocation with adjustments for Q4-2024, aligning with market realities and organisational updates. To ensure fair compensation, we request a revised IPOR token cap price of $0.4 (down from $0.6), reflecting sustained low market value and preserving more of the IPORIANS’ allocated equivalent of $4,500 monthly. This adjustment ensures stability in IPORIAN support, better matching the actual value delivered.
Additionally, one IPORIAN member has been removed due to inactivity. Following this, we’ve introduced an IPORIAN Emeritus role, which recognises past IPORIAN contributors, maintains communication channels with IPOR Labs and the IPORIANS, and allows inactive members the possibility to rejoin as active members in the future if desired.
The IPOR tokens used as payment will be sent to an Arbitrum safe (multisig) wallet, with 2 of 3 signers (Marco, Rado, and Sage).
Address: arb1:0xB13b5dfF1BA81Ba863bebA18ba6D12C3d41592A9
This proposal focuses on approving the budget for the specified period and reviewing the Q3-2024 performance and compensation of the IPORIANS.
Full Proposal: https://docs.google.com/document/d/1Henz_LHHV2pDxkfhP3OLCzE3AD1gJsTU6gz9R7Jmye4/edit?usp=sharing