2022 Q3 Ref DAO Community Board Payout & Reorg Proposal

[rimberjack]

Please see below for how community DAO contributions are evaluated

@rimberjack

Brief recap

• the Ref community board of the Ref Finance DAO contributes to the management of the Ref treasury and protocol operations (whitelisting tokens, approving farms, Ref token buybacks, contract updates etc) through weekly discussions and voting via Astro DAO

• community members also take ownership of various aspects of Ref’s operations as part of the DAO, including but not limited to: community channel moderation, marketing, community events, product testing and feedback, DAO administration, outreach, business development.

• to compensate the work of community members and associated activities, a monthly budget of 10K REF is allocated to the Ref Community Board DAO (separate to the main DAO; to manage community board treasury)

• DAO member’s contributions are evaluated on a quarterly basis and compensation is paid out accordingly, based on a two-tier system

• Tier 1: basic participation in weekly discussions and DAO votes - 200 REF

• Tier 2: active contribution beyond tier 1/accomplishment of specific tasks - 600 REF

See further information on this set up here: [Budget] Reward Proposal for Community DAO Members and Bounties for July-Sept

• Based on: (1) self evaluation, (2) voting history, (3) presence in weekly sync & participation, (4) presence and participation in dao discord, the results for Q3 are as follows:

1. Q3 payout: Ref DAO Community Payout Scheme - Google Sheets

• A total of 21k ref to 13 distinct dao members for 3 months’ contributions

2. Reorg proposal

• Remove inactive members based on voting tally, participation in weekly syncs, participation in discussion on DAO discord, or lack of any other forms of contribution to Ref or the DAO
• isan.near: no votes, almost no engagement on discord, not present for syncs
• messagebox.near: not present for syncs, low voting record (made 2 out of 60 votes in Q3), low activity in the dao discord
• blaze.near: express will to be removed as he does not have the bandwidth for the ref dao due to other responsibilities

[UPDATE] Dec 13, 2022
Based on the conversation at the weekly DAO sync and 1:1 conversations with the below-mentioned DAO members, the DAO has proposed to remove two additional wallets:

• riqi.near
• fluxbux.near

In order to further remove inactive members from the DAO and increase the efficiency of the voting process.