This proposal proposes the distribution of $UMA compensation based on a 7 day TWAP to SU DAO members for the month of May.
Here's the reference DAO Budget and Compensation Plan that was passed:
Here's the relevant Tier Membership changes that was last passed:
We have 6 SuperUMAns that were deemed inactive during April and will have their $UMA distribution withheld:
https://discord.com/channels/909933079181799524/975736294846128198
Bananachain - SuperUMAn Berry - SuperUMAn DoubleDee - SuperUMAn rhorse - Core SuperUMAn JBamadeus - Core SuperUMAn ericbal - Core SuperUMAn
TWAP
A 7 day TWAP was used to determine the amount of $UMA tokens that were to be distributed. Please check out this spreadsheet for more information:
Specifics:
407.027027 $UMA to 15 UMAsters 217.5675676 $UMA to 12 Core SuperUMAns 113.7837838 $UMA to 7 SuperUMAns 1230 $UMA to 5 Full Timers
Total $UMA distibution: 15662.7027
This will be a 24 hour vote that needs a simple majority (51%) and no quorum to pass.
Voting Options:
For - Voting for this proposal will approve the transaction for compensation distribution.
Against - Voting against this proposal will nullify the previously passed compensation distribution proposal.