OIP-47A: Amendment to Olympus Stopgap Budget Proposal
Motivation
We need to rebuild our compensation strategy to refocus on long term growth via flexible budget strategies. That will take some time to develop, discuss, and build out. We will submit a request for comment in the near future on this.
In the meantime, we propose to immediately shift to a simple max-per-capita flexible budget. This will allow us to expand our teams sustainably, while enforcing a Max Per Month ceiling on position contribution payments.
Proposal
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Compensate Apollo 260 OHM for his advance stopgap payment for October
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Amendment A addition: formalize a monthly project payment multisig, which will hold a maximum of $250,000. The DAO multisig will fund a 6 of 10 Stratego multisig for these projects. The Stratego multisig will then be responsible for making milestone payments to each project contributor, as milestones are reached.
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Implement a flexible per-capita budget, effective starting in the November epoch, according to the table below. Amendment A addition: individual contributors are globally limited to $30,000 per month.
More context can be found on the forum: https://forum.olympusdao.finance/d/479-oip-47a-amendment-to-olympus-stopgap-budget-proposal
VOTE: Implement flexible per-capita budget according to the table above, set up the Stratego multisig for projects (limited to $250,000), and pay Apollo back for October pay bump.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9B94...4BE3Be | 12,934 | Yes, implement changes |
 0x34AB...25C7e3 | 11,117 | Yes, implement changes |
 0x69Db...5f3980 | 6,170 | Yes, implement changes |
 0x31C7...6F3346 | 5,216 | Yes, implement changes |
 0x318A...E22C67 | 4,053 | Yes, implement changes |
VOTE POWER
Proposal Status
- Fri November 26 2021, 05:00 amVoting Period Starts
- Wed December 01 2021, 04:59 amEnd Voting Period
Current Results
1-Yes, implement changes
112,283.131
2-No, do not change
332.423