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Synapse ProtocolSynapse Protocolby0x49551C9E8eCaEc17d1EB09bFc42cf47379dC80970x4955…8097

[SIP-23] Formalize Synapse DAO Support Contributors Compensation

Voting ended almost 3 years agoSucceeded

Cycle 1: April 2023 – June 2023 [3 months]

Amount: 10,000 USD/ month x 3 = 30,000 USD

With $ 40 billion of volume, 7 million+ transactions conducted from 1.3 million addresses, supporting users who run into issues and troubleshooting them has become an integral requirement in the daily operations of the Synapse DAO. As the protocol grows and its complexity increases, the Synapse DAO should formalize these tasks taken up by additional DAO contributors and managed as a subgroup of the DAO.

Support contributors responsibilities - currently undertaken by Parsa, Tomy & Bottomseller:

  • communicating with users and assisting them in proper use of the protocol
  • troubleshooting issues
  • finding bugs and reporting them
  • relaying communications between users, community members and core contributors
  • communicating with partner protocol contributors to solve mutual user issues like DFK
  • discord/telegram management: curate posts, filter scams, responding to queries about

Additional responsibilities going forward for Bottomseller:

  • facilitating governance discussions, proposals write ups and submissions, and votes rallying
  • partnership outreach with protocols that align with our DAO

Individual Compensations :

Parsa (Part Time): USDC/USDT/ nUSD 3000 per month

Tomy (Part Time): USDC/USDT/ nUSD 3000 per month

Bottomseller (Part Time): USDC/USDT/ nUSD 4000 per month

Should the DAO decide to vote in favour of that proposal, it will be tacitly reconducted at the end of each cycle, unless discussions about amending it are raised in the Synapse DAO's Discord or Forum

Off-Chain Vote

Approve Compensation
7.22M SYN99.9%
Decline Compensation
4.42K SYN0.1%
Quorum:145%
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Discussion

Synapse Protocol[SIP-23] Formalize Synapse DAO Support Contributors Compensation

Timeline

May 08, 2023Proposal created
May 08, 2023Proposal vote started
May 11, 2023Proposal vote ended
Oct 26, 2023Proposal updated