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yearn.finance (archive)yearn.finance (archive)by0x0Cec743b8CE4Ef8802cAc0e5df18a180ed8402A7yfi.milkyklim.eth

Raise the salary of core team member Artem

Voting ended over 5 years agoSucceeded

Simple Summary

Increase the monthly salary of core team member Artem K (@banteg) to 150K per year (12.5k per month). This represents a ~56% increase of the current 96k per year (8k per month). The current 96k represents an entry-level compensation in the software industry. Artem's contributions are evident and are always shared publicly, and belong to the senior developer category.

Motivation

  • Reward and retain talent
  • Meet minimum industry compensation standards for a senior-level developer position

Specification

Starting the month of October 2020 Artem's salary is increased from 8k to 12.5k per month.

Rationale

  • Artem has been contributing to the implementation of yEarn products and patches, and responding to emergencies at an outstanding pace
  • Artem work is always shared publicly which is valuable for communication and education of the community
  • Artem has been an advocate for yEarn in the ecosystem, e.g. creating Maker proposals for the benefit of yEarn

Copyright

Copyright and related rights waived via CC0.

Off-Chain Vote

Yes, increase Artem's to 12.5k/month
441.46 93.6%
No, keep the status quo of 8k/month
30.03 6.4%
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Timeline

Oct 01, 2020Proposal created
Oct 01, 2020Proposal vote started
Oct 04, 2020Proposal vote ended
Jan 23, 2024Proposal updated