Forum discussion: https://forum.yam.finance/t/contributor-compensation-frameworks/887
Basic Summary We propose a new Governor contract, specifically used for contributor funding, to be established with lower quorum, and higher voting time and timelock requirements.
Motivation The goal of these changes is to allow a smaller portion of the YAM community to manage organizational needs, while the longer time delay will allow for the broader YAM community to have oversight over any payments the compensation Governor makes
Specifications Governor Parameters: Proposal Quorum: 25,000 BoU (50% GovernorAlpha requirement) Minimum Acceptance Quorum: 100,000 BoU “For” Votes (50% GovernorAlpha requirement) Voting Period: 3 days Time Delay: 7 days Spending Limit: 100,000 yUSD/month Guardian: YAM GovernorAlpha