YIP-45: Part-time Contributor Compensation for nonstopTheo

Title: YIP-45: Part-time Contributor Compensation for nonstopTheo

Author: @feddas

Summary

This proposal is to approve or deny adding nonstopTheo as part time contributor to the YAM DAO. nonstopTheo has been particularly helpful around growth and business development initiatives and will continue to focus on these activities going forward.

Core Yam Team supports nonstopTheo's request for compensation but decision will be determined by community snapshot.

Abstract

nonstopTheo has been an active YAM community members since late 2020. He’s been particularly engaged in product, growth and business development aspects of YAM. nonstopTheo’s proactive engagement in YAM convinced the core contributors that he would be a great addition to help develop YAM products. He will continue to focus on growth and business development activities going forward.

Notable contributions so far include:

• Launch of Weekly Brief (jointly with other YAM members) YIP-43: https://snapshot.page/#/yam.eth/proposal/Qmd4cq8Dzgrh5Wt5TL7ZLdbEkwn7R9bnyzimgaPnv2f3ED
• Explainer posts about YAM: https://alpha.defiprime.com/t/yam-finance-update-on-2021/802
• Governance involvement & active contributions in forum discussions
• Very actively spreading the word and communicating about YAM on social media, in particular Twitter
• Various contributions to marketing & biz dev initiatives (eg pitch decks for degenFi and YDS)
• Get degenFi and YAM DAO listed on major DeFi dashboards and databases

nonstopTheo has been actively involved in crypto since 2017, across finance/insurance, NFTs, gaming. He has a background in finance & banking, having worked in M&A/Corporate Finance and corporate development. nonstopTheo has been invested in $YAM since the very beginning and held v1, v2 and v3 $YAM token.

nonstopTheo is to become a part time contributor with ~30h per week. The compensation is set at $6,250/month ($75k/yr) in $YAM tokens.

Specifications

If this proposal succeeds, an onchain proposal will be initiated to open a 3-months stream for nonstopTheo with the amount of $6,250/month in $YAM tokens.