This is a retroactive reward proposal for the MoonDAO contributors from the period of January 17th 2022 to October 1st 2022.
This proposal is broken up into three snapshots:
#1. A vote on the proportion they believe each project should get at MoonDAO. #2. A vote on the total amount of MOONEY they believe should be awarded in total to the contributors for their efforts over the span of the year. #3. A vote on the amount of DAI that should be awarded in total to the contributors for their efforts over the span of the year.
We have conducted the coordinape with each of the teams internally, and the final amounts going to each contributor will be published to the community. This information can be found here: https://app.coordinape.com/organizations/1394, and the original Phase 2 spreadsheet to collect contributions and eligibility for projects can be found here: https://docs.google.com/spreadsheets/u/1/d/1K2h4At6J_hT3rDUqaY_28hh1SvhDo7V9A9e6cbQtG_8/edit#gid=1198315761
Proposal 3 of 3: Total amount of DAI Rewards allocated for Phase 2 Contributors
Abstract
This vote is identical to vote (2/3) with two major differences:
- It will determine the amount of DAI distributed to contributors.
- DAI will be sent in a lump-sum, rather than streamed over the course of a year.
Specification
This vote will determine the total amount of DAI rewards allocated from the treasury to distribute to Contributors for their work in Phase 2.
The DAO will vote on the proportion of DAI allocated for Phase 2 to determine the TotalDAIDistributed as outlined below:
Total Dai Allocated = TotalNonMOONEYAssetsInTreasury * (Proportion of DAI allocated for Phase 2)
Where TotalNonMOONEYAssetsInTreasury = 1,352,220 DAI + 509,407.38855 DAI (in ETH) = 1,861,627.38855 DAI
The amount of DAI sent to each contributor will be determined as follows (pseudocode):
contributorProportion = 0 for each Project: ----- contributorProportion += % allocated to project * % of GIVE the received within the project
Total DAI for contributor = Total DAI Allocated * contributorProportion
Where: % allocated to project is determined in vote (1/3) % of GIVE receiver within the project was determined on Coordinape
The total DAI for each contributor will be distributed as a lump sum.
The rocketeers have each determined a proportion that they feel is correct to distribute to the Phase 2 Contributors, this averaged out to 14.17% of the Total Dai in the treasury.
Voting Options
You may spread your voting power out over each of the available options to determine a percentage that you think is fair. For example, if spreading tokens evenly between 20% and 30% that would equate to a vote for 25%.