SCP-209: Tokenomics Workstream Leader

SCP-209: Tokenomics Workstream Leader

Summary

This proposal offers a 6-month structure for the Tokenomics Workstream (March 1 - August 31, 2026) with me (PTT) as workstream leader with 100% FOX compensation ($8k/month + $1k tokenomics/dao related expenses), and average 20 hours/week commitment. This eliminates all stablecoin costs while maintaining essential treasury, tokenomics, leadership, and revenue functions.

Abstract

This proposal restructures the Tokenomics Workstream for a 6-month term at 20 hours/week with 100% FOX compensation, creating maximum alignment between workstream leader success and DAO success.

The proposal maintains core Tokenomics functions across three pillars: Treasury Management (multisig coordination, dashboard maintenance, revenue recognition), Leadership & DAO Meetings (DFC leadership, weekly meetings, vote coordination, cross-workstream collaboration), and Tokenomics (data analytics, FOX data stewardship, partnership evaluation, modeling). It includes quarterly public check-ins on sustainability (1.5 months after All Fox presentations) covering revenue trajectory, expansion opportunities, or shutdown planning if needed.

Motivation

The Problem The DAO is evaluating approaches to Tokenomics Workstream structure during this transition period. This proposal focuses on eliminating stablecoin costs and achieving full FOX alignment.

What This Solves This proposal is cost-basis driven and works toward revenue-positive sustainability, including maintenance mode stewardship if revenues don’t improve. It eliminates stablecoin burn entirely, maximizes FOX alignment through 100% compensation, and provides clear accountability with explicit 20-hour commitments.

Value to ShapeShift Zero stablecoin impact preserves runway for critical operations. Forced prioritization ensures focus on high-impact treasury, leadership, and tokenomics work across three core pillars. The 6-month term allows the DAO to assess revenue trajectory before committing to longer-term structure. Quarterly public check-ins provide transparency on sustainability planning, including both expansion and shutdown scenarios.

Specification

Term & Compensation

Term: March 1, 2026 - August 31, 2026 (6 months)

Budget

$8,000/month in FOX (100% FOX) $1,000/month in FOX for workstream releated expesnes, multisig testing, and transaction validation (includes testing time, gas fees, DFC reimbursements, and tooling costs to prevent treasury loss from failed transactions) Total: $54,000 over 6 months $1000 Locked FOX for departing Contributor Severance (12 months) Total one off costs: $1000 $FOX available March 2026 to a hedgey

Sheets Link - tokenomics budget - Google Sheets

Time Commitment: average of 20 hours/week (approximately 50% FTE), ranging 16-24 hours depending on weekly to quarterly deliverables. Previous Workstream Leader Liabilities: Departing Contributor Severance (FOX-Locked): Proposed: $1,000 equivalent in FOX per departing contributor, locked for 12 months Scope: This severance applies exclusively to contributors directly affected by this Tokenomics Workstream restructuring. This is not a DAO-wide policy and does not apply to other workstreams. Rationale: Provides modest runway and recognition for affected contributors without increasing immediate USDC burn; long lock reduces immediate sell pressure and aligns with long-term FOX upside Payment: Upon completion of transfer of duties and access

Time Allocation Breakdown - These are estimates and time will be used where needed each week. This was in direct response to an accountability of time post previously mentioned in SCP205

DFC/Leadership/DAO Meetings (5-7 hrs/week)

• 1 hr: DFC meeting leadership
• 2-3 hrs: DFC prep, agendas, follow-ups
• 2-3 hrs: Critical DAO meetings (Ops Sprint, Leadership, Governance, Office Hours) Treasury & Multisig Operations (2-3 hrs/week)
• 1-2 hrs: Multisig coordination, communication, execution
• 0-1 hr: Testing multisig Safe security protocols Data, Analytics & Revenue (4-6 hrs/week)
• 4-6 hrs: Dashboard, MixPanel, data maintenance, revenue review
• 2 hrs/month: Monthly Office Hours/Quarterly All Fox prep and delivery (approximately 0.5 hrs/week) Cross-Team Collaboration (3 hrs/week)
• 3 hrs: 1:1s with key team members and workstream leaders Research & Partnerships (2-4 hrs/week)
• 2-4 hrs: Tokenomics research, deep dives, tokenomics modeling Quarterly Public Check-ins (4-6 hrs/quarter):
• Lead public quarterly check-ins (1.5 months after All Fox presentations) covering revenue trends, treasury health, runway projections, and realistic planning for both expansion opportunities and shutdown scenarios if needed

KPIs

• Multi-Sig Execution: Ensure communication and follow-up is given to multisig within 24 hours of a vote being approved by DFC, and that the transaction is started and finished within 7 days of the notification.
• Revenue Recognition: Collect and convert minimum 30% of monthly revenue from protocol EOAs into stablecoin or blue-chip assets, with active efforts to maximize beyond this baseline. This involves regularly claiming revenue from various EOAs (currently sitting as non-stablecoin, non-blue-chip assets) and executing swaps to preserve value in a timely consistent manner. Track and show this is being done on a monthly basis.
• FOX Data & Positioning: Maintain accurate FOX supply and tokenomics data across all DAO content, including CoinMarketCap and Coingecko updates. Complete quarterly All Fox data collaboration.
• DFC: The Tokenomics Workstream leader serves as DFC leader, consistent with historical practice. Upon passage of this proposal, transition DFC Leadership would replace the current DFC leader’s position from the current Tokenomics Workstream leader. Ensure weekly meetings are held and recorded (even if async during holiday time) with actionable items enacted timely to ensure proper eyes on finance needs of the DAO. Publish agendas and minutes. This would mean finding and replacing the paid spot that currently is filled by PTT in the DFC as PTT would take the position that the current tokenomics workstream leader currently holds. This supersedes any previous governance proposals.
• Dashboards: Updates as needed to Runway, Revenue Recognition, Treasury and report during DFC, Office Hours, and All Fox.
• Quarterly Check-ins: Deliver a public quarterly report on financial health, sustainability planning, and realistic assessment of expansion or shutdown scenarios in between All Fox check-ins.

Scope

Maintained:

• Treasury management and monitoring
• DFC leadership and meeting coordination
• Multisig operations and security testing
• Dashboard and data analytics
• Revenue recognition and optimization
• FOX tokenomics data ownership
• Cross-workstream collaboration via 1:1s
• Quarterly public sustainability check-ins Reduced/Eliminated:
• Marketing coordination (essential FOX tokenomics/rFOX data sharing on socials)
• Engineering hiring facilitation
• Experimental tokenomics initiatives unless specified

Background & Track Record

I’ve been a reliable DAO contributor since November 2021, working with every workstream. My background is in finance and accounting, which informs how I approach treasury management and financial decision-making. My vision for the DAO is to be cost-basis driven and to work towards a solution that can be revenue positive, including current rewards programs. This includes working towards a maintenance mode stewardship if revenues don’t increase towards sustainability. I advocate what’s best for the DAO and my track record and voting shows that. I’m risk averse but open to new possibilities and growth opportunities. I want to see the DAO succeed well past my time here. This proposal reflects that vision. 100% FOX compensation aligns my success with the DAO’s success. Zero stablecoin impact preserves runway for operations. Focused scope on treasury, leadership, and tokenomics delivers the essentials for sustainability.

Benefits

• Eliminates All Stablecoin Costs for Tokenomics Budget - Zero USDC burn from Tokenomics Workstream preserves runway for critical operations
• 100% FOX Alignment - Complete incentive alignment demonstrating commitment to DAO success
• Three Clear Pillars - Focused execution across Treasury Management, Leadership & DAO Meetings, and Tokenomics
• Explicit Accountability - 20 hrs/week commitment with defined hour allocation by responsibility area
• Flexible & Accountable - 6-month term allows rapid adjustment based on revenue performance and DAO needs
• Transparent Planning - Quarterly check-ins cover realistic scenarios including both expansion and shutdown planning
• Proven Track Record - 6 Years of Accounting and Finance roles, 4+ years DAO experience, demonstrated DAO-first decisions
• Leaner Product Team - If this passes, enables Product Team to operate more efficiently

Drawbacks

• Little to no Experimental Initiatives - Tokenomics experiments put on hold until revenue positive
• Leadership Transition - Transition of leadership can cause short-term slippage, though hopefully alleviated by being knowledgeable and knowing the current leadership and organizational structure
• Loss of Manpower and Capacity in the Product Team

Vote

For - Approve 6-month Tokenomics Workstream (March 1 - August 31, 2026) proposal here making PTT the new tokenomics workstream leader, and leading dfc.

Against - Do not continue the tokenomics workstream and do not elect PTT as the workstream leader.