Approved

MDP-69: MoonDAO Q4 2022 Incentives (Part 1 of 2)

Cycle

1

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Note: This is part one of a two part vote. This first vote is to agree to the total amount to be dispersed for Q4 2022 incentives. The second vote will be for the proportion going to each project.

Abstract:

MoonDAO is running its quarterly incentives for Q4 2022. We will distribute 15 million MOONEY and 5% of the non-MOONEY assets in the MoonDAO treasury. This is a reduction from the original plan of 40 million MOONEY being dispersed as was initially in the MoonDAO incentives plan laid out. The DAO will vote on the proportion of those rewards that will be sent out between all the projects that were completed in Q4 2022.

Specification

See the full analysis of incentives here: https://docs.google.com/spreadsheets/d/1-tFwiDTuiGB24Z2bAoEIUQxShtUvaTbThtNC5vu8vYE/edit#gid=94503660

Project TitleIn one sentenceProject ProposalFinal ReportRocketeer Rec.
New World's ConferenceOne MoonDAO member at the New World's Conferencehttps://docs.google.com/document/d/19MwM1b1elYPUWFP9M_f3G0_6A0LsBAroizr1HU3hIso/edithttps://docs.google.com/document/d/1qe2c7d4J91HsbhyEJdSqk90xazjzNdFkxmlkd26IGpM/edit?usp=sharing2.73%
Mars Society conferenceTwo MoonDAO members at the Mars Society Conferencehttps://snapshot.org/#/tomoondao.eth/proposal/0x3dde0fa972bf66f93225e62a00a8cffa94f7c8895ee419cd6097951345b03856https://drive.google.com/file/d/1l4mMgx3x2B11QEDztbWx-JAZJgRAtYvf/view?usp=sharing4.12%
Newsletter and OnboardingOnboarding and newsletter with 11,891 readershttps://snapshot.org/#/tomoondao.eth/proposal/0x55e58314b14a99d3694ba450b7930fd80140fc4ff6b6ba108921a13af70d69f0https://docs.google.com/document/d/1LdLvamsp381YZVeJUJIhPsTlyrZ15vX03bEZ6_Jh79g/edit?usp=sharing19.23%
WebsiteNew landing page, dashboard, and documentationhttps://snapshot.org/#/tomoondao.eth/proposal/0xc6fda163ea8b6b8d278f6c3c090e1a1bb1cc5b4883ac24d65736eabdd6625de9https://docs.google.com/document/d/1ybijQtJIHBGH6AVdV5o_QeSbWWBOt8934o1-hVRjeLA/edit25.69%
Stake to VoteStaking to vote with vMOONEY, dev for frontend and contracthttps://snapshot.org/#/tomoondao.eth/proposal/0x0ead9de8beced5fbdba9ef6ec6fcc7d993151f1cfd7e909ebd773e0266a1d447https://docs.google.com/document/d/1QpfPsuSzoIuLi4QQ3m5wA25M5NABhuJEEgMcoGcnvrg/edit21.08%
Guild GuidelinesFirst iteration on rules and documentation for Guildshttps://snapshot.org/#/tomoondao.eth/proposal/0x5e5af60a470eec6e8326bd9ae5c125180b013894a619c7af0c1a38a86e8d7bd0https://docs.google.com/document/d/1NqAf5ByBMkVKr5QrWF2QwqQOphwoBVISwaA8J5joomw/edit?usp=sharing5.23%
101xyz CoursesMoonDAO education classes with 3,400 completionshttps://snapshot.org/#/tomoondao.eth/proposal/0x3ef76191c552314f6fc1175dcbaeda684d1729c07c18c034e599c32863c12864https://docs.google.com/document/d/1zTXk1VQGkhJqdgOD7J9Mfl4ONonnA9uCD7y9YtZr8Dk/edit?usp=sharing5.00%
IAC ConferenceFour MoonDAO members at the biggest space conference.https://snapshot.org/#/tomoondao.eth/proposal/0x9c188ae37526d22d940d10a66c0680fc6d11b343b69367c3e27276cc13d95120https://drive.google.com/file/d/13TA2WNxWO26FlCAPS3Lsq1-PJACGpVZH/view?usp=sharing5.15%
Interim Guild SetupsCreation of the first four guilds with interim stewards.N/Ahttps://docs.google.com/document/d/1WFz_SzH8enWwbbGaf4w3jn_PvdIErCLTVtGSnm9JN7Q/edit#11.77%

The total rewards for Q4 2022 projects will be calculated as 5% of the liquid non-Mooney assets, paid in the form of DAI, and 15 million MOONEY. A project member's rewards will be calculated as the quarter's total rewards multiplied by the percentage allocated to the project by the community and their percentage of an individual project as determined by each team’s Coordinape.

The DAI will be given as a lump-sum reward. The MOONEY will be streamed over the next year as long as the member remains engaged in a MoonDAO project as either a Steward or Moonsettler. This way members that work for a long time at MoonDAO will accrue rewards and we have an incentive for people to remain active at the DAO.

The amount of liquid non-Mooney assets is $581,100 (447 ETH calculated using the average, 3-month Q4 price of $1,300) and $598,829 DAI (subtracting $100k for the documentary project) for a total of $1,179,929, representing a total distribution of $58,996.45.

Note: For Q4 2022 we will not be subtracting up-front payments since this was not factored into projects that were already started. However, going forward we will be subtracting them.

Voter Options

Please vote between YES or NO for the total amount of incentives to be distributed to the team for Q4 2022.

Votes

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