Increase the Monthly Compensation of Mike, Sero, and Chris to Level 5, $1k USDCx, and 10K RIC

Overview:

Mike, Sero, and Chris have made significant contributions to the development and growth of Ricochet Exchange over the past several months. Mike and Sero have been instrumental in releasing new contracts, fixing bugs, and improving the overall functionality of the platform. Chris has been handling the marketing and social media side, and has helped to increase awareness of Ricochet Exchange across multiple channels.

Proposal:

We propose increasing the monthly compensation of Mike, Sero, and Chris to level 5, 1k USDCx, and 10K RIC per month, in recognition of their ongoing contributions to the platform. This compensation increase will ensure that they are appropriately compensated for their efforts, and will help to retain top talent on the Ricochet Exchange team.

Reasoning:

Mike, Sero, and Chris have been key players in the development and growth of Ricochet Exchange over the past several months. Their contributions have been instrumental in improving the platform's functionality and increasing its visibility across multiple channels. In order to retain top talent and ensure that these contributors continue to be incentivized to put in the hard work required to maintain and grow Ricochet Exchange, it is necessary to provide them with a fair and competitive compensation package.

Benefits:

By increasing the monthly compensation of Mike, Sero, and Chris to level 5, 1k USDCx, and 10K RIC per month, we will be able to:

Retain top talent on the Ricochet Exchange team Ensure that contributors are appropriately compensated for their efforts Encourage ongoing innovation and growth of the platform Enhance the overall functionality and user experience of Ricochet Exchange

Conclusion:

Mike, Sero, and Chris have made invaluable contributions to the development and growth of Ricochet Exchange over the past several months. By increasing their monthly compensation to Level 5, 1k USDCx, and 10K RIC per month, we will be able to retain top talent, incentivize ongoing innovation, and continue to grow and improve the platform for our users. We urge the community to support this proposal and help us continue to build a strong and vibrant DeFi ecosystem.