Summary
It is proposed that a contributor’s programme is set up. A contributor’s programme would entail the core team receiving a discretionary budget initially set at 60ETH + 100,000 $BOTTO for the calendar year to bring aboard ongoing contributors to the DAO (part and full time). This would be to support existing operations and improve on areas we deem currently underdeveloped.
Rationale
Towards the end of Fragmentation, Botto has seen a growing surge in interest, accompanied by a rise in its collector base and member base. Botto sits at an exciting inflection point, and the team firmly believes we can do more - and that we should do more as a DAO.
In light of this, the team sees immediate areas to improve upon with the help of the treasury. There are many capable individuals spread across the DAO who have consistently proven to be helpful to the core team (whether they realize it or not!), yet have gone unrewarded. One example would be community moderation: with many spending time, energy, and their own mental bandwidth to help get new DAO members and collectors on board Botto.
Not only the process of onboarding, but also the manner in which we onboard is something we aim to improve. Onboarding other DAOs and communities, and ultimately working with the larger CryptoArt community to improve Botto’s capabilities has always been on the agenda, too.
Exemplary candidates are plentiful, as are areas we could feasibly improve on that would strengthen Botto. In short, a (conservative) blanket budget allocated accordingly at the team’s discretion to bring on the DAO’s first treasury contractors will allow the core team to delegate, do more, and ultimately accelerate protocol growth.
The proposed initial 60ETH + 100,000 $BOTTO budget for the calendar year will also allow the team to set up a precedent for treasury hiring. The team would be responsible for the allocation of said budget including: identifying scope of work, sourcing the right candidates, vetting, trialing, and working on a reporting structure in order to set clear precedent for expanding DAO operations.
The budget itself is a conservative estimate based on current operational areas that are underdeveloped. Onboarding external communities as well as improving onboarding internally is one example. It is expected that the DAO increases this initial 60ETH + 100,000 $BOTTO budget should progress be made in the contributor’s programme.
Progress can be defined through KPIs that directly relate to the work of any given contributor, although it is important to note that impact may not always be directly measurable and/or conflated with overall protocol performance (appreciation of token price, growth of DAO membership, etc). In general, judgment would be made at the discretion of the team for this initial outlay.
The team believes that this is the most straightforward path to take when it comes to opening up DAO contributorship. We understand that there are other ways of kickstarting a contributor’s programme. One method initially considered was to perform treasury hires through separate BIPs, on a case-by-case basis. The team opted against this approach with the belief that this process is slow, weighty, and may increase scrutiny on the individual role/function proposed. Part of this initial approach would be to learn what works and then create standard processes that allow further balance of DAO control and speed.
Proposal Specification
- Establish an initial budget of 60ETH and 100,000 $BOTTO for treasury contractors
- The team begins building out a team of (ongoing) contributors
- The team discloses new contributors post-onboarding
Budget
Advantages
- Allows for quick creation of a contributors programme
- Plugs gaps currently unfilled in operations
- Allows the team to focus on other top-level priorities within the DAO
- Lean, iterative way to kickstart expansion of the DAO
Disadvantages
- Other methods of onboarding go untested (i.e. 1-by-1 BIPs)
- Transparency concern in vetting, approval process
