Update adjusting the comps to the initial values based on the yam BoU rates of OG contributors, this replaces the previous proposal.

Summary

This proposal is to approve a 3 months renewal, for the ending yam streams portions and stablecoin proposals of the below contributors with an adjustment to the yam rate based on the 30d avg. value at $0.55/YAM.

Abstract

Contributor compensation renewals and rebalancing

Contributors to renew and rebalance their compensation (but are still on the old model, new will take place in december)

• E, rebalancing to 100% in YAM tokens
• Chilly, rebalancing to split 70% stables and 30% YAM tokens
• Krugman, rebalancing to split 70% stables and 30% YAM tokens
• Mona, rebalancing to 100% in YAM tokens

Contributor compensation renewals

Contributors to renew their yam streams yam portions with rate adjustment

• E, streamed yam portion based on $14,167 totalling YAM 25,758/mo
• Chilly, streamed yam portion based on $3,350 totalling YAM 6,091/mo
• Krugman, streamed yam portion based on $1,000 totalling YAM 1,818/mo
• Mona, streamed yam portion based on $1,666 totalling YAM 3,029/mo
• Byterose, streamed yam portion based on $10,000 totalling YAM 18,182/mo

Specification

Proceeding with an onchain proposal to close the old streams related and open new ones listed here.