KIP-15: KeeperDAO Labs Budget March-June 2022

This is an apparent consensus vote.

• Vote 'No objection' if you agree with the proposal.
• Vote 'Object' if you disagree with the proposal.

Discussion If voting ‘Object’ to the proposal, you are encouraged to voice your reasoning on the KeeperDAO Forum. Objections that are backed by a strong argument may potentially hold more weight than a simple objection vote.

• (link) KIP-15 on Github
• (link) KIP-15 on the governance forum
• (link) KIP-15 on Discord

Results KIPs that receive > 50% ‘No Objection’ votes do not automatically pass. On completion of the vote, ‘Object’ votes will be analyzed and discussed by the KeeperDAO team and community. If a significant number of objections occur, the vote will either be marked as ‘Failed’ or enter a reconciliation phase. For more information, see the KeeperDAO Governance Beigepaper.

kip: 15
title: KeeperDAO Labs Budget March-June 2022
author: whatsthedeetz <kd@keeperdao.com>
status: last-call
created: 2022-02-23

Proposal

Allocate ROOK, USDC, and ETH for KeeperDAO Labs for March through June 2022.

Background

This budget outlines current and forecasted needs for various areas of KeeperDAO Labs operations over the stated budget period.

This budget, if approved, will be transferred from the KeeperDAO Treasury (0x9a67F1940164d0318612b497E8e6038f902a00a4) to the KeeperDAO Labs multisig (0xa8b0a855BE21568B93f32805b244158Cc61AD006) which is then used to pay ICs on Mondays (or when an ad hoc project is completed). The current signers of the KeeperDAO Labs multisig are @WhatsTheDeetz, @Pai-Sho, and @JZ.

The breakdown of the ROOK budget is given below, with more detail provided in subsections.

Team	Total (ROOK)
Product and Engineering	1040
Growth and Operations	720
People Operations	500
Grants	150
Treasury	180
Studio	240
Marketing and Brand	600
Grand Total	3430

Product and Engineering: 1040 ROOK

We use ROOK grants for all part-time engineering roles. Currently, we have 3 engineering contractors who are paid weekly at 10 ROOK/week. We estimate that we have management capacity for 5 - 8 engineering contractors. This budget allows for the maximum (8).

IC Description	Per Week (ROOK)	Total (ROOK)
Product engineer	10	120
Product engineer	10	120
Product engineer	10	120
Product engineer	10	120
Product engineer	10	120
Webflow	10	200
Designer	10	120
Backend engineer	10	120

Growth and Operations: 720 ROOK

We intend to use ROOK grants for part-time roles in business development, customer service, DAO engagement, and governance. Additionally, we intend to use ROOK grants for those wishing to start on the path to a full-time role.

Description	Per Week (ROOK)	Total (ROOK)
Business development	20	240
Operations	40	480

People Operations: 500 ROOK

We intend to use ROOK grants for part-time roles including technical recruiters and process coordinators, in addition to bridging part-time contribution to full-time contribution. In addition, we expect this ROOK budget may be required for other recruiting expenses, including placement fees of up to 25% of the first year salary of a new hire (for certain recruiting firms).

Description	Per Week (ROOK)	Total (ROOK)
Workplace	--	500

Community Grants: 150 ROOK

We intend to use ROOK grants to fund small projects that foster community growth, accelerate development, discover and support partners, translations, or other ad hoc projects.

Description	Per Week (ROOK)	Total (ROOK)
Community grants	--	150

Treasury: 180 ROOK

We intend to use ROOK grants for part-time roles or for bridging part-time to full-time work, in support of the treasury functions of the DAO.

Description	Per Week (ROOK)	Total (ROOK)
Treasury analyst	10	120
Treasury analyst	5	60

Studio: 240 ROOK

We intend to use ROOK grants for part-time roles or for bridging part-time to full-time work, on a studio team that can fuel high-quality, in-house content generation. This content will help to consistently communicate our brand, mission, and values, as well as cementing our partnerships and mythos. We’ll be seeking to onboard for design and production roles to flesh out our creative skillsets, and commission projects in the interim.

Description	Per Week (ROOK)	Total (ROOK)
Video producer	10	120
UX designer	10	120

Marketing and Branding: 600 ROOK

We intend to use ROOK grants for part-time roles or for briding part-time to full-time work supporting a marketing function. Additional ROOK budget is required for various advertising and sponsorship needs that will ramp up our marketing efforts ahead of the launch of the Coordination Game.

Description	Per Week (ROOK)	Total (ROOK)
Research	--	100
UX designer	--	500

USDC Needs: 500,000

Over the budget period, we forsee the need to spend USDC on placement fees, contractors and vendors who do not take ROOK, conferences, and advertisements.

Description	Total (USDC)
Contractors and recruiting	462,500.00
Events	5000.00
Conferences	8000.00
Team reimbursements	25,000.00
Total	500,500.00

ETH Needs: 1

We intend to use 1 ETH for network fees incurred during the transfer of grants over the budget period.

Description	Total (ETH)
Gas	1

Excess ROOK and USDC Rollover

The budget above represents in all cases an upper bound. It isn't required that we spend all of it, and we do not seek to. If excess ROOK or USDC exists at the end of the budget period, it will carry over into the subsequent budget period unless superceded by another KIP.

Specification

1. Transfer 3430 ROOK, 500,500 USDC and 1 ETH (for gas) from the KeeperDAO Treasury (0x9a67F1940164d0318612b497E8e6038f902a00a4) to the KeeperDAO Labs multi-sig (0xa8b0a855BE21568B93f32805b244158Cc61AD006).
2. As appropriate, provide funding from the KeeperDAO Labs multi-sig (0xa8b0a855BE21568B93f32805b244158Cc61AD006) to meet the needs outlined above during the budget period.
3. Ensure good recordkeeping to provide for review of any transactions by the DAO.