*This is the updated proposal based on Didier’s original proposal: [Budget] Rewarding Community Board Members (July and August)
Context
In order to solidify Ref Finance’s mission to be a community-driven project, the Ref DAO was formed early July of 2021, consisting of various ecosystem partners and community members, who had been contributing to the Ref project as early as May. Ever since its inception, members of the Community Board of the DAO have not only been challenging and voting the Council’s proposals, but also contributing to the core activities of the project, including (but not limited to):
- Project management: planning and documentation
- Product testing: unit testing and end-to-end testing
- Product strategy: benchmark and market analysis
- User support and community moderation
- PR and Communication
Above activities are critical to the success of any open-source and community-driven project.
Reminder: more information on the current DAO structure Governance of Ref Finance. Ref is first and foremost a community… | by Ref Finance | Medium 4
Reward Proposal for the Months of July, August, and September
Objectives
- Reward active and committed Community Board members
- Identify and reward top contributors for ‘specific works’ and ‘key deliverables’
- Reward non-DAO members who have completed specific tasks
This proposal suggests that Ref’s Community Board members get rewarded based on a two-tiered structure. “Active and committed Community Board members” belong to Tier 1, the rewards of which are capped at 200 REF / month. "Top contributors for ‘specific works’ and ‘key deliverables’ belong to Tier 2, the rewards of which are capped at 600 REF / month. Any active member will belong to either Tier 1 or Tier 2, based on their contributions that month.
For specific tasks (such as Telegram moderation, community management, and translation), bounties will be offered to each individual for these corresponding months.
1. Reward active and committed Community Board members [Tier 1]
As recently defined in the Ref Finance’s Wiki, Being a Community Board member involves responsibilities. This includes:
- Challenging Council’s proposals
- Sharing his / her opinion(s) on different topics raised by the Community
- Being proactive and acting in the protocol’s best interests
- Exercising independent judgement (Board members should not be delegates who simply implement the commands of other parties)
- Exercising his / her voting right
- Participating to the weekly community call
Based on these contributions, we propose the following reward structure:
-
Amount: capped to 200 REF per Community Board member / month
-
Payment: at the end of the month
July payout (due)
- Alen (Minh Hieu): 200 REF > hieunmben100.near
- Khbw: 200 REF > khbw.near
- Ronnie: 200 REF > wmheng.near
- Youbin: 200 REF > diamond.near
August payout (due)
- Alen (Minh Hieu): 200 REF > hieunmben100.near
- Ronnie: 200 REF > wmheng.near
- Chluff: 200 REF > chluff.near
- Peter: 200 REF > peterflux.near
September payout (due)
- Alen (Minh Hieu): 200 REF > hieunmben100.near
- Chluff: 200 REF > chluff.near
- Khbw: 200 REF > khbw.near
2. Identify and reward top contributors for ‘specific works’ and ‘key deliverables’ [Tier 2]
Top contributors can be identified as any Community Board member who works on specific deliverable(s), in addition to his / her Community Board responsibilities and commitments.
- Amount: capped to 600 REF per Community Board member / month
- Payment: at the end of the month
July payout (due)
- Hung Bui (harry): 600 REF > thb0301.near
- Blaze: 600 REF > blaze.near
- Daniel: 600 REF > messagebox.near
- Rimberjack: 600 REF > rimberjack.near
- Chluff: 600 REF > chluff.near
- AVB: 600REF > alejandro.near
- Didier: 600 REF > colibri.near
- Ozymandius: 600 REF > ozymandius.near
August payout (due)
- Rim: 600 REF > rimberjack.near
- Daniel: 600 REF > messagebox.near
- Blaze: 600 REF > blaze.near
- AVB: 600 REF > alejandro.near
- Harry: 600 REF > thb0301.near
- Didier: 600 REF > colibri.near
- khbw: 600 REF > khbw.near
September payout (due)
- Rim: 600 REF > rimberjack.near
- Ronnie: 600 REF > wmheng.near
- Blaze: 600 REF > blaze.near
- AVB: 600 REF > alejandro.near
- Harry: 600 REF > thb0301.near
Key Deliverables : details below
- Product testing v2
- Date: 23 August 2021
- Reference: Ref DAO’s Basecamp
- Estimated hours: 2-3 hours / tester
- Contributor(s):
- Blaze
- AVB
- Harry
- Didier
- Product farming v1
Date: 22-30 July 2021
Link: DAO’s Basecamp
Estimated hours: 4-5 hours (including workshops with dev team) / tester
Contributor(s):
- Danielo
- Didier
- Delivery: Quickswap Case Study
Date: 14 June 2021
Link: DAO’s Basecamp
Estimated hours: 1-5 days
Contributor(s):
- Harry
- Alen (Minh Hieu)
- Delivery: Weekly Community Call Business Minutes
Date: ongoing
Link: DAO’s Basecamp
Estimated hours: 1 hour / business minutes
Contributor(s):
- Rim
- Didier
- Involvement in PR, marketing
- Participation in weekly marketing syncs with PR agency, editing + approving Ref Medium articles and copywriting, coordination and participation in AMAs, coordination with NEAR Foundation on publications, coordination on growth hackathon etc
- Period: ongoing
- Contributor(s)
- Rimberjack
- Harry
- Ref Wiki
- Period: August
- Link: https://guide.ref.finance/
- Contributor(s)
- Harry
- Rimberjack
- Didier
- Coordination on police report and legal counsel
- Period: August~September
- Contributor(s)
- AVB
- Harry
- Ronnie
3. Reward non-DAO members who have completed specific tasks
- User support and Telegram Channel Moderation
- Period: August and September
- Estimated hours: 2-3 hours / day / person
- Reward: 100 REF per person / month
- Contributor(s):
- SanketN81: 200 REF > sanketn81.near
- Cudam321: 200 REF > cudam321.near
- Ben: 200 REF > beng.near
- Zang Lee: 200 REF > zanglee.near
- Chinese community management and translation of Ref articles & website into Chinese
- Period: August and September
- Reward: 600 REF / month
- Contributor:
- Ting Ting: 1200 REF > luwiting.near
Notes
*The entire payout scheme and total sum can be seen in this sheet.
**The current proposal respects the understanding of the council and community board on rewards from when the DAO was originally formed in July. The reward scheme is subject to change from October onwards.