Core Team Compensation (October 31)

glennaustin

Member
Oct 10, 2017
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Dash Core Group October 31st funding proposals
DCG is submitting 2 funding proposals for the October 31st budget cycle:
1) DCG Compensation: $512,000 (current proposal)
2) DCG Business Development (payment 2/2): https://www.dashcentral.org/p/coreteambd1018)

This Proposal
This is cross-posted at https://www.dashcentral.org/p/coreteamcomp1118

Note on the DCG compensation proposal this month
Last month the Dash community voted on 3 separate DCG compensation proposals. All 3 proposals passed with overwhelming support from Masternode owners. Going forward, instead of continuing to breakout our compensation requests, we will only submit one, consolidated compensation proposal to the Dash Network. In the future, the most direct way for Masternode owners to influence our operations will be by electing Trust Protectors. Trust Protectors will be elected based on how well their “platform” matches the desires of the network (e.g., “DCG should do x and shouldn’t do y”) A full description of that process can be accessed at the following link: https://www.dash.org/forum/threads/dash-core-group-legal-structure-details.39848

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 - at market rates for base pay.

As of the end of September, DCG had 50 full-time staff and 12 part-time staff. The breakdown of the number of staff we have working in each unit is as follows:
Development and Operations:
Full-time: 31
Part-time: 7

Administration:
Full-time: 10
Part-time: 1

Business development / marketing / customer service:
Full-time: 9
Part-time: 4

* 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 $400,000 after taking into account voluntary pay reductions from the Board of Directors and senior management volunteers. We are asking for pre-pay reduction run-rate funding of $440,000 as well as a buffer to account for price fluctuation and to continue building our compensation account buffer. The total funds requested are $512,000.

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 October 31st budget cycle:
· 2,855 Dash for core team compensation ($512,000 USD @ $179.3 per Dash)
· 5.00 Dash proposal reimbursement
Total: 2,860 Dash

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

Manually vote YES on this proposal:
dash-cli gobject vote-many 9fc941e56fbfd4e83dbf82cb6d6c4fa7314598d3de43f36a931ec2d7a922bb76 funding yes

OR from the qt console:

gobject vote-many 9fc941e56fbfd4e83dbf82cb6d6c4fa7314598d3de43f36a931ec2d7a922bb76 funding yes

Manually vote NO on this proposal:
dash-cli gobject vote-many 9fc941e56fbfd4e83dbf82cb6d6c4fa7314598d3de43f36a931ec2d7a922bb76 funding no

OR from the qt console:

gobject vote-many 9fc941e56fbfd4e83dbf82cb6d6c4fa7314598d3de43f36a931ec2d7a922bb76 funding no
 
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