- YES TO CHANGES
- NO CHANGES
Name: [RFC] - MOD Compensation Amendment
Scope: This RFC deals with an amendment to structure of Mod(s) pay including incentive and future payments.
Link to previous [DAO Discussion]: “[DAO Discussion] - MOD Compensation Amendment”
Objective: Amend structure of Mod Compensation to reward pervious performance and incentivize ongoing work done by the mod…
Provide a High Level Overview:
WIP for Mod Compensation had come and passed at the end of March.
Since this approval, the Mod Team has been essential to bring much needed change to the Wonderland community and governance structure. Despite the hurdles faced internally and horrific market conditions externally, I believe that they have been able to keep conditions here healthy enough to keep the project intact. I believe that they should be compensated beyond the contract - especially also in light that they had begun work in earnest in January. For this, I firmly believe as a retroactive and incentive compensation the MOD team should receive 75,000 USDC as a team.
Looking forward, the MOD team has significant work ahead and Wonderland depends on this. However, given the market conditions and overall global conditions for crypto - that a peace of mind is necessary. As such, I further propose that the MOD team get a prepayment for budget up to January 2023, consisting of mid August 2022 to mid Jan 2023 payments inclusive. This would be 150,000 USDC. (July will be paid on a regular cycle).
Distribution of these payments will be at the absolute full discretion of the lead Mod, Alice.
These Mod payments will not be deducted for the redemption value calculations reference in WIP 9.
(Not that MIM payment has been amended to USDC payments)
Provide Low Level Details: N/A
Business and/or technical requirements of the implementation of the proposal:
This would be a simple transfer of USDC on the AVAX chain to the address specified by Alice.
Since an RFC is a “work in progress” Proposal, not all of these points need to be filled out from the beginning. They can be added over time as the RFC evolves into a mature Proposal.