• Forum has been upgraded, all links, images, etc are as they were. Please see Official Announcements for more information

Core Team Compensation (February)


Active member
Dash Core Group February 1st Funding Proposals
DCG is submitting 3 funding proposals for the February 1st budget cycle:
1) DCG Compensation: $257,000
2) DCG Public Relations: $27,390
3) DCG Premises: $22,000

This proposal
This is cross-posted at https://www.dashcentral.org/p/coreteamcomp0219

What does this specific proposal fund?
This proposal funds Dash Core Group's ongoing compensation costs - including all developers, administrative, business development, marketing and support staff.

As of the end of December, DCG had 47 staff associated with the project, 5 less than at the end of November. The breakdown of the number of staff we have working in each unit is as follows:

Development and Operations:
Full-time: 26
Part-time: 6

Business development / marketing / customer service:
Full-time: 8

Full-time: 6
Part-time: 1

* Full-time defined as contracts permitting staff to bill up to 40 hours a week
** Part-time defined as contracts permitting staff to bill less than 40 hours a week

Please note that our current run-rate is $285,000 after taking into account voluntary pay reductions, recent resignations and the non-renewal of certain contracts. A number of additional DCG subcontractors volunteered to either take significant pay reductions or forego salary all-together. A big thank you to them, their contributions are hugely appreciated. They have been instrumental in allowing DCG to continue development without major disruptions.

We are asking for pre-pay-reduction run-rate funding of $257,000 as we will be drawing down on our buffer in order to pay for the the current shortfall in funding. If the price were to remain in the $80 range, we will need to reduce our run-rate further in February. This gradual approach ensures that we don’t over-react to market movements.

If you have any questions, please direct them to @glennaustin in this Dash Forum post to ensure we are notified of your request.

Requested funding is as follows for the February 1st budget cycle:
· 3,095 Dash for core team compensation ($257,000 USD @ $83 per Dash)
· 5 Dash proposal reimbursement
Total: 3,100 Dash

Note: Should any funding remain, we will apply it toward future compensation expenses.
Last edited: