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closedEnded 4 years ago ยท Snapshot (Offchain)

FT/PT Contributors Onboarding

By 0xF0CA...EBDac8

Summary

This proposal seeks to onboard and compensate full time and part time genesis contributors to Forefront DAO while also introducing a trial process for future hires.

A formal timeline of discussion can be found on the Governance forum.

Motivation

Forefront key priority is to retain and onboard contributors who have continuously shown leadership, commitment and consistency to create long lasting value for the DAO.

With this proposal we are aiming Introduce a competitive monthly compensation and network upside (via vested FF) to genesis contributors for core inaugural core positions in the DAO.

Contributors List

All 6 members suggested on this proposal have been core to FF trajectory and have demonstrated outstanding ability, capability, and determination to continue to deliver impactful outcomes to the DAO, while fully aligned with FF mission and values.

NameRoleMonthly (USDC)Monthly (FF)
FTCarlosDFC/Strategy10,000N/A
FTCarolineCommunity Lead8,0001% of FF supply (1)
CPT*Jihad EsmailOps/BD LeadN/A0.5% of FF supply(2)
CPT*Andy TomWeb3 Dev LeadN/A0.5% of FF supply(2)
PT**Joey DeBruinEditorial Lead2,500700 FF Monthly(3)
PT**JayCommunity Ops2,500700 FF Monthly

Notes:

  1. 1% of total FF supply (100,000) subject to 3 years vesting period. Not subject to a cliff;
  2. 0.50% of total FF supply (50,000) vested over 2 years. Not subject to a cliff;
  3. Higher end of base contributors allocation. To be revised on season basis; *CPT Core Part time core position within FF DAO while keeping their respective current jobs; **Min 10-18 Hours weekly dedicated to the DAO.Initial commitment period of 6 months (extendable).

Compensation Scope:

  • Start date October 1, upon proposal approval;
  • FT and CPT contributors will not be compensated via additional projects or other programs;
  • PT contributors still qualify for per projects allocations, but do not qualify for Coordinape or Sourcecred seasonal allocations;
  • FT, CPT and PT positions compensation to be revised in 6months period;
  • Optional USDC <> FF conversion at 50%/50% rate for part time roles (monthly basis) will be made available.

Scorecard

A comprehensive breakdown of each contributor scorecard KPI can be viewed here.

Evaluation

  • FT and PT work expectation and outcome scorecard 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.
  • All unvested FF will roll back to treasury in case of termination;

Future Framework

A more robust MVP framework and guideline for future full time and part time hires is in the works, we are aiming to share with the community in the following weeks.

Trial Process

  • Staff team and active contributors will discuss the need for PT or FT positions including its relevance and need;
  • If approved a signaling post will be created on the governance forum;
  • Potential candidates can express their interest via a proposal (priority will be given to contributors);
  • All Applications will be reviewed by the staff team, followed by a 1:1 interview with potential candidates.
  • Upon agreement on the compensation terms and scorecard KPI with the chosen candidate, a final onboarding proposal will be made public via snapshot for community voting.

Note: This is an ongoing process that will continue to evolve through community feedback and experimentation

Vote

Yes - Vote YES to approve the onboard and compensation for all 6 contributors No - Vote NO to not approve the onboard and compensation for all 6 contributors


Value. Culture. Community

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Connect Wallet to Add Note
0
Votes 32
VoterCast PowerVote & Rationale
0x4303...137E76
29,689

Yes

0xF0CA...EBDac8
21,922

Yes

0x70eC...1363e3
7,097

Yes

0x5144...43b444
5,477

Yes

0xD2dd...336caE
3,350

Yes

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Thu September 30 2021, 03:00 pmVoting Period Starts
  • Fri October 01 2021, 03:00 pmEnd Voting Period
Current Results

1-Yes

86,126.124

97.89%

2-No

1,854.02

2.11%
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