Hop Protocol

This proposal is for the DAO to vote on whether to add a new role called the Head of DAO Operations to act as a liaison between the different participants and subgroups of the DAO such as; core developer team, grants committee, ambassadors, delegates, multisig signers and more. Community feedback has been used to refine this proposal.

The Head of DAO Operations is not to be construed as a central figure of authority but more like the glue that connects different aspects of the DAO and makes sure there is cross collaboration and communication and helps propagate personal responsibilities for each of the DAOs subgroups. It is imperative for the Head of DAO ops to be fully aligned. Therefore, to qualify for the role one must have been materially active in the DAO for at least 6-months, having attended community calls, posted on the forum, used the hop bridge, held hop).

The Head of DAO Ops will take lead in community calls, the governance forum (pushing proposals from start to finish with the respective author), and pushing along the grants committee, ambassador program and multisig signers.

Additional responsibilities: ⁃ evaluating and defining compensation for existing and new committees and their members ⁃ Assigning budgets to committees ⁃ Verifying the data posted each month for the delegate compensation thread ⁃ Providing a monthly report to DAO on DAO operations for feedback from the DAO ⁃ Oversee and manage the transition from old committee members to new committee members when appropriate ⁃ More rapidly iterate on HIP amendments when they are needed ⁃ Help reform the grants committee and handle some of the ops side ⁃ Expected hours are about 30 a month (1.5 hrs day) ⁃ If a good faith effort to accomplish the tasks set forth as the Head of DAO ops is not made, the DAO will not pay the compensation. The monthly report should help in consideration of a good faith effort.

If this proposal passes there will be an election to determine who takes on this role.

This role shall go through an initial 6-month term to make sure DAO operations continue to run smoothly in the short term while preparing for a long-term solution regarding ongoing operations. After the initial term the DAO can vote to extend the term. Since this role requires constant participation and time commitment, I believe compensation for this role should be $3k/month with a 12-month vesting period. While the payment is earned after the 6-month period, it will still vest for another 6 months.

Compensation to be made in HOP token. Vesting starts the day after the election when the role officially begins and the work is to commence. Payment to be made retroactively every 3-months.