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mStablemStableby0x908DB31Ce01DC42c8B712f9156E969bc65023119mzeronine.eth

TDP 47: mStable Restructure - Compensation Model & subDAO Funding Request Framework

Voting ended over 3 years agoSucceeded

As the last of a series of TDPs concerning the restructuring of the mStableDAO, TDP 47 is concerned with the compensation model of employees and contractors of the mStableDAO that do not fit in any subDAO hierarchy, as well as outlining the process for any subDAO to request funding from the mStableDAO via the TreasuryDAO entity.

In order to remain credible and neutral in a system that issues funds and disburses payments to other organizations and teams, it is important that contributors that oversee and coordinate these requests have the ability to act rationally and without the induced concern for their own job based on their decision-making process.

Because of this, several key positions in the ProtocolDAO & TreasuryDAO need to be compensated directly via the mStableDAO, and not through subDAO entities like the Builder or Ecosystem subDAO.

Furthermore, the Funding Request Framework for subDAOs should serve as an easy-to-use template for any subDAO entity to apply for funding towards the mStableDAO. It also serves as a source of truth of commitments, milestones, and other key metrics that will ensure that the disbursed funds get used in the way that they are supposed to by the respective subDAO, and several proof-of-work indicators will be employed to measure that these metrics are reached.

Additionally, this will ensure that a continuous disbursement of funds happens, contrary to the previous model where the entire annual budget was disbursed immediately for use by the subDAO/requesting entity. The specific way of disbursement can be chosen by the subDAO from a selection of options offered in this framework.

Finally, the framework will also include a detailed section on crafting a forum thread in case the subDAO applies for funding for the first time in order to establish a basic overview that will detail why this subDAO is applying for funding in the first place, what its position in the wider mStableDAO represents, and if the formation is of a temporary or permanent nature to gauge if continued funding beyond the first request will be required or not.

Links

  • RFC: mStableDAO Restructure Proposal

  • Proposal: TDP 47: mStable Restructure - Compensation Model & subDAO Funding Request Framework

  • Discussion: TDP 47: mStable Restructure - Compensation Model & subDAO Funding Request Framework

    Should the mStableDAO enact the Compensation Model and Funding Request Framework as proposed in TDP 47?

Off-Chain Vote

For
5.75M vMTA98.5%
Against
86.36K vMTA1.5%
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Timeline

Jul 22, 2022Proposal created
Jul 25, 2022Proposal vote started
Jul 29, 2022Proposal vote ended
Oct 26, 2023Proposal updated