Payment for Alpha team (cont.)

Overview

The purpose of this proposal is to extend the Alpha Pay proposal through months 2 and 3 like originally intended. The only changes being made from this proposal and the last will be the way the funds are distributed which will be explained in the budget and fund utilization and transactions section. Outside of the extension of this proposal into the 2nd and 3rd month and distribution method, no changes will be made.

Goals

The main goal of this proposal is to establish a fair and reasonable compensation amount for the work provided and will be provided going forward as we put a heavier emphasis on the alpha section within our DAO.

FrankenDAO Benefits

• Maintain regular giveaways
• Weekly Twitter Spaces with other projects and guests(Though these will not necessarily be forced if there isn’t anything planned on the schedule)
• Weekly Alpha VC Sessions (A specific setschedule will be made for these sessions)
• 1 on 1 Alpha Sessions
• Collaborations/Strategic Partnerships (Tools, server integrations, longterm partnerships, etc.)
• Alpha Trading Wallet Management -80% of the profits to DAO treasury - 20% of the profits split between Chapta and CC_Riders

Budget & Fund Utilization

1.5 Eth compensation per month split between Chapta and CC_Riders(.75 eth each per month and amount fluctuates with the price of Eth)

.75 Eth sent monthly to the following addresses: 0xC926e0aB73e0B962821f90C5333a39C4170689a9 (Gnosis Safe Wallet) and will be paid out accordingly each month from the Gnosis wallet.

Trading Wallet Incentive Bonus (Trading Wallet will be funded initially with 2 Eth): 0xC926e0aB73e0B962821f90C5333a39C4170689a9 Gnosis safe address -80% of profits from Trading Wallet allocated to the DAO Treasury -20% of profits made will be split between Chapta and CC_Riders (10% each)

Trading Wallet will be managed using Gnosis Safe and will be controlled by Cess, Chapta, and I (Requires ⅔ majority to submit a transaction) 3.) The compensation and incentives amount can be reviewed month to month and the actual budgeting may be amended every 3 months.

What areas of the community does this touch?

FrankenDAO

Proposed transactions

Transaction #1

FrankenDAO sends 3 $ETH to 0xC926e0aB73e0B962821f90C5333a39C4170689a9