S1 dGov Transparency: Advisory Funding Coordinape Experiment

This post is to provide transparency on work funded under the S1 dGov Core & Advisory coordinape circle and will be updated monthly to provide visibility and raise awareness for the contributors called to participate. This is an experiment in decentralised funding and is subject to change

Standards that Apply External Advisors Internal, no fixed reward via AA Internal, w. fixed reward via AA Reasoning
Must allocate GIVE to receive GIVE allocation (Y/N) N Y Y Participation incentive
Reward Reductions (%) 0% 0% 14 % per day worked Level playing field & reduce coordinape pool ($)
Minimum Baseline (%) 100% 100% 30% Participation incentive
Unallocated GIVE redistributed to circle participants (Y/N) N Y Y Participation incentive
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May Status Update: With Finance @AlexClay @Ricktik6 we have established a set of standards to test for determining the final reward allocation. Payment for May was paused to establish the above standards and is expected to be paid out in June Rewards (Paid July 15). The final reward allocation will be provided below once calculated.

May-2022
Reward Governance Advisory Significant time was invested in May by contributors across our network to progress a series of topics related to the Transfers of Funds vote. dGov seeks to reward-related governance advisory via coordinape as indicated here
Rewards dGov Core This circle is also responsible for rewarding @lee0007 for work within the dGov team as reported here.
Participants TBC
Gratitude Participants are encouraged to share a quick note when allocating GIVE. The financial rewards available can not accurately reward the time invested, gratitude is invaluable
Circle Coordinape
Deadline 12 June 2022 23:59 UTC
Payment Due 15 July 2022
Record of Payments See tab dGov Circle May

Transparency Update June, as applies to May

The Coordinape circle experiment is a work in progress. The originally proposed standards were updated after undertaking a manual process to allocate the dGov Advisory funding for May. For transparency, my reasoning is as follows

What Reasoning & References
dGov Proposal Financial Proposal: A Path to Decentralised Governance (dGov) - #23 by AcidCavin
Proposed Standards S1 dGov Transparency: Advisory Funding Coordinape Experiment
Update Standards $150 minimum for external advisors within the circle to retain their support
" Compliance and Tech SubDAO members are considered external advisors. This excludes ESD members & AA AL rewarded Sub-DAO members
" Applied minimum baseline 30% for AA members to increase from 25%
" Applied per day reduction 14% due to minimum baseline increase
Updates Applied The above updates to standards are reflected in the original post top of the page
dGov Allocation Matched rewards allocated via coordinape circle
dGov Advisory Allocation @lee0007 Applied discretion to redistribute funding unsecured by inactive participants
Original Budget request 10000
Allocated by cordinape 6600
Unspent 3400 remains in dGov budget for future
Work Funded Advisory Work on Transfers of Funds
" dGov as per the May EOM report
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Great work @lee0007!

June-2022
Reward Governance Advisory For time and talent invested in June by contributors to progress the first three Charter Improvement Proposals and associated discussions
Rewards dGov Core Not longer applies
Gratitude Participants are encouraged to share a quick note when allocating GIVE. The financial rewards available can not accurately reward the time invested, gratitude is invaluable
Circle Coordinape
Deadline 4 July 2022 23:59 UTC
Payment Due 15 July 2022
Record of Payments Link

S1 Coordinape Learnings

I recognise that the initial dGov proposal and funding request suggested coordinape would be used for all funding. For flexible ad-hoc work such as the advisory, it may yet prove useful. Learning from May was that Coordinape serves a solid purpose as a signalling tool but not as the ends and means to reward people commensurate to impact. Human intervention may not be the intention of this type of tool and while everyone received their full coordinape allocation, I took the liberty to increase it.

After receiving $2550 for rewards for the entire month of May via this circle I have removed the funding I budgeted for core dGov from the circle mechanism to fix a 5k per month reward. I am keen to hear from anyone that feels this is not ok, or out of order. While I will participate in coordinape circles to allocate and receive GIVE I would not be funded via the dGov advisory or community circles.

I think this is fair @lee0007 to confirm, this is a fixed comp for you or all of dgov. Coordinape is a great tool for what I see as “Bonus’s”, I am not sure it is the perfect mechanism for full distribution of rewards in any given month.

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