Should the DAO Committee be compensated?

by 0xfe91c0c482e09600f2d1dbca10fd705bc6de60bc (Yemel#60bc)

Let’s recap some important proposals that required a DAO Committee’s hands-on intervention in order to enact them:

1. Mar 2021 - Original proposal to migrate to a gas-less voting system.
2. May 2021 - The new DAO launches and the first report is published .
3. Jun 2021 - Activate Snapshot Delegation .
4. Jul 2021 - Convert 1/5 of the Treasury to stablecoins .
5. Sep 2021 - Reimbursement of gas fees to DAO Committee.
6. Oct 2021 - Expanding the grants program for bigger tires .
7. Nov 2021 - Join Blender Development Fund .
8. Dec 2021 - Keep Polygon transactions for free .
9. Jan 2022 - Resignation of Eric from the DAO Committee.

The main responsibilities of the DAO Committee are:

• Moderate proposals in the governance platform (promote to enacted, passed, rejected)
• Keep updated the list of POIs, BanNames and Catalysts.
• Create and fund vesting contracts for paying grants.
• Calculate and execute compensation for the Wearables Curation Committee.
• Pay the DAO Facilitator a monthly compensation.
• Use the DAO Treasury (release vesting, transfers to operational wallet, swap funds).
• Reimburse gas fees to the DAO Committee.

Some other task related to the role are:

• Attend monthly Town Halls and provide general community support.
• Give feedback to proposals, evaluate risks and implementations pathways.
• Contact external organizations in the name of the DAO.

So far we enacted 181 proposals, distributed as follow:

• 81 POIs added
• 50 grants paid
• 39 polls were enacted
• 10 names banned
• 1 catalyst update

In the past year I have sent 414 transactions from my DAO Committee wallet in the name of the DAO. Thanks to the proposal of reimbursement of gas fees, this operation doesn’t have a monetary loss for the committee members. However, each of these transactions required attention to review/sign and those efforts are not being compensated in any form. I believe this is a problem for the long-term sustainable operation of the DAO.

Adding to this situation, one of the initial three committee members resigned early this year. It has been hard to find a replacement that can take such a responsibility and willing to do it for free.

I believe we need to start compensating the DAO Committee members and set the grounds for a sustainable DAO Committee. What do you think? I’m open to questions and feedback.

• Compensate members of the DAO Committee
• Keep this role voluntary
• Invalid question/options

Vote on this proposal on the Decentraland DAO