Summary

This proposal is to approve or deny adding Sybilqueen on the team as a part time contributor.

Abstract

Sybilqueen is a smart contract and frontend developer, will be working on yam and yam projects as a part time contributor for ~30h per week work, while primarily focusing on Degenerative. Background: Sybilqueen has been working and debugging stuff around the UMA Project, understands it well along with Solidity, Node, Graphql, GCP, Web3, Python and more. We believe Sybilqueen will be able to contribute in a successful manner on yam working with smart contracts, building, testing and deploying it, working on the frontend related as well as liquidation bots, making sure everything is solid for usability.

The compensation for Sybilqueen is set at $7,500/month ($90k/yr) in yam tokens.

Compensation rates will vary from a contributor to another, each to his specific role, dedication and value add, along with bonuses to-be-added case by case project by project, discussed and voted on through a governance proposal in the near future.

Specifications

If this proposal succeeds, an onchain proposal will be initiated to:

• Open 3 months stream for Sybilqueen with the amount of $7,500/month in yam tokens.