Exponent Compensation

Summary

Pay 500,000 OGV to Exponent¹ as a gesture of thanks for the Aura bb-a-USD risk strategy report.

Background

Exponent is a team of veteran Web3 experts offering several products and services including treasury management, monitoring infrastructure, risk assessment, etc. This past December, they offered² to analyze a potential OUSD strategy selected by popular vote. Participants in the survey selected Aura bb-a-USD as the most interesting candidate strategy and a report³ was delivered by Exponent three weeks later. This thorough analysis helped voters determine that the proposed strategy should not be developed at this time.

10% of OGV’s initial supply was earmarked for future contributors in addition to an 18.75% DAO reserve. OUSD’s success depends, in part, on the continued involvement of various community members and stakeholders beyond the core team. OGV offers a way for Origin to compensate contributors and align interests around the growth of OUSD.

Overview

If approved, this proposal would authorize Origin to immediately make a one-time payment of 500,000 OGV to 0x46808732DF838B1a9612829A1b33411E995c3e0C or another address designated by Exponent. No additional services or reports will be expected. However, a continued engagement should also be explored for the mutual benefit of OUSD and Exponent.

No vesting or restrictions will be placed on the OGV paid according to this proposal. The tokens will be freely tradable but may be held or staked at Exponent’s discretion.

Reference

¹ https://exponent.cx

² https://vote.ousd.com/#/proposal/0x91d3b821aa6bc837065b0e5a44a320447f9c69c1c0b869c16d6b5ab049381411

³ https://exponent-cx.notion.site/Aura-bb-a-USD-Risk-Strategy-Report-36ef8390734443bd9a2d7488ea4c1430