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OctoFiOctoFiby0x68D5467a541626F118E134e248307C55e062eEB90x68D5…eEB9

OIP-19 A 3 Month Salary for Nathan

Voting ended over 4 years agoSucceeded

When Doc/OG left the project we lost our core developer and the Octagon stepped in to fill the void with the time they have available. I love the community and the project and want to see it succeed, but we need to start allocating funds to bring in developers on a full time, part time, and temporary basis.

My first proposal is to allocate funds to bring myself on for a 3 month contract as the lead developer overseeing the project and any additional developers we bring on board. I've been generous with my time for the past few weeks to get things in place for this transition. A large part of this was organizing things handed to us by Doc and updating our developer workflow to allow anyone to contribute.

But aren't you already paid as a member of the Octagon?

Yes. A community member donated a Sablier stream of 30 OCTO per month to each Octagon member. But if I'm being honest, at the current price that is only enough to cover 2-4 hours per week of general tasks assigned to my position. It does not account for the time required to continue developing the platform at the level we need.

What are some of your goals?

  • Fix errors in core features
  • Increase user engagement
  • Implement feature requests from the community
  • Identify bottlenecks within the user experience

How will you allocate your time to accomplish these goals?

My first priority is to fix the Swaptopus aggregator. This tool errors out a large portion of the time and has done so since v2.0 of the dApp from what I can tell. This may require implementing a different API: 0x API and Thorchain are possible solutions. These solutions carry the added benefit of allowing us to transition to cross chain networks.

My next priority will be to update the interface to increase user engagement. The best way to get people coming back everyday is to put their list of assets on the homepage so they can check in on prices and their portfolio's performance. While they're on the app they will be more inclined to use the value driving features like the Swaptopus. To accomplish this I'll merge the Account Dashboard, Wallet, and Transaction History into the Homepage. I've identified several designs I'll use for inspiration.

Then I'll begin working on performance issues, identifying bottlenecks in user flow, and adding new features to improve the user's experience. Once I'm satisfied with many of these items I'll seek additional feedback from the community through Telegram and the Den.

What about other Roadmap items?

The Octagon will continue to pursue all of these items with my support as a developer. Additional developers will need to be brought into the project for larger tasks and new features.

What happens between now and when this proposal is finalized?

My time will be split between this and another project for the next two weeks. Time allotted to OctoFi will focus on the Swaptopus aggregator.

How much are you asking for?

Given the uncertainty of the market, I need to ensure I have enough to cover my own expenses in the event of further downside price action and give myself enough incentive to the upside. Therefore, I've included several options below. This should be streamed using Sablier from the Treasury funds controlled by the multisig account. 600 OCTO/month for 3 months = 1800 OCTO stream 500 OCTO/month for 3 months = 1500 OCTO stream 400 OCTO/month for 3 months = 1200 OCTO stream

How should Yes/No votes be tallied?

This vote uses Approval Voting, so you should vote for all acceptable options, which may mean voting for 3 options. If you'd like to vote for Yes. 600... then you should vote for that option as well as the Yes. 500... and Yes. 400... options. This ensures that the highest acceptable choice is chosen and prevents an issue with the general Yes vs No decision.

How can I discuss this proposal?

I've created this thread in the Den for discussion and any questions you have for me. https://den.octo.fi/d/328-oip-19-a-3-month-salary-for-nathan

Off-Chain Vote

Yes. 600 OCTO per month
6.64K 70.7%
Yes. 500 OCTO per month
1.16K 12.4%
Yes. 400 OCTO per month
1.5K 15.9%
No
88 0.9%
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Timeline

Jun 21, 2021Proposal created
Jun 21, 2021Proposal vote started
Jul 03, 2021Proposal vote ended
Oct 26, 2023Proposal updated