Forefront

Author

Carlos Gomes

Summary

This is a retroactive proposal that seeks to solidify Ed’s full time position as a Product Lead.

Motivation

Since onboarding last February, Ed has been essential in leading Forefront product initiatives, this proposal aims to solidify and officialize his compensation and role in the DAO.

As per existing framework, role and compensation to be revised August 1st, 2022 (completing 6months post onboarding).

Specifications

Responsibilities

Upon onboarding Ed will be responsible for:

• Experiment and discover community market fit against FF North Star and Core Values;
• Implement FF business model to create a self-sustaining entity;
• Establish FF as the leading DAO tooling entity helping fuel the web3 socialDAO ecosystem.

Compensation Scope

• Monthly compensation of $11,666 USDC;
• FF Compensation: 1% total supply (100,000), vested over 2 years with a 6 month cliff;
• Retro starting date Feb 1st, upon proposal approval;
• As per current guideline, compensation to be revised in 6 months.

Scorecard

A comprehensive breakdown of the scorecard can be viewed here.

Evaluation

• FT work expectation and outcome scorecard (with seasonal OKRs) will be set internally. It will serve as guideline, work evaluation also includes members growth, learning and improvement;
• Guideline on termination: In failure to meet expectations or violation of FF values and principles, an re-evaluation discussion will take place between the full time contributors and the staff team. If the decision to terminate is agreed and valid, it will be put into effect by the staff team. In this case contributors monthly and vesting compensation will be immediately ceased.
• In case of termination, all unvested FF will roll back to treasury.

Quorum

• Quorum: Minimum 5% of all currently circulating $FF (excluding treasury tokens) or 43119.2 $FF must participate for the proposal to pass.
• Passing Threshold: 65% or more of voting members must vote YES for the proposal to pass.

Vote

• Yes - Vote YES to approve Retro Onboard of Ed | Pastacartel as a Product Lead
• No - Vote NO to reject Retro Onboard of Ed | Pastacartel as a Product Lead

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Value. Culture. Community