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Mainnet-Term-1.md

Mainnet-Term-1.md 3.7 KB
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About

Before the mainnet council is chosen, it is important to have everything as ready as possible. However, there are still a few points that need to be discussed further within the community, such as the initial composition of the Working Groups and the initial salaries. To move forward on this, I have put forth my ideas on these matters below. This can be the first step in resolving the issues.

I intentionally suggest some working groups not fully staffed in the first mainnet term, as the process will be rolled out gradually. The salaries for this first term may seem a bit rough and may be subject to change later based on the new scoring system (WIP).

Composition

WG composition

Lead Job Description

Salaries

Key principles:

  • Salaries are based on the JSG's inputs and my own market sense
  • Salaries are to be paid in JOY equivalent by the rate of 0.06 USD/JOY (assuming no exchange in 1st term)
  • Let's keep a smaller number of participants across the board. Have a greater reliance on people who devote a large share of their time. Maintain a much smaller change, over time, in the set of people involved.
  • Council members will combine or heavily assist the lead/workers roles in the beginning
  • Council will continue to experiment with salaries during the first term and will develop a more reliable compensation system in the second or third term
  • JSG recommended to spend as little as 10k USD per month totally for Content, Membership, Forum, HR, Marketing WGs during the launch period

Leads & Council

  • Council: 10k USD/month (full-time positions)
  • Builders/Storage/Distribution: 5k USD/month + 50USD/hour (for every next working hour exceeding 80hours per month)
  • Content/Membership: council will take these duties
  • Forum/HR/Marketing WGs: 50 USD/hour

  • Gateway WG: same as Builders WG Lead

    - A negotiation is currently taking place between Council and @chaos77  
- regarding the rate of story points. These SP could be used to measure 
- the performance of Builders WG.

Workers

  • All WGs (except Storage/Distribution): 40 USD/hour
  • Storage/Distribution node runners: 1000 USD/month

Budget

  • First draft by @chaos77
  • Pay attention that not all Builders workers are full-time on the project. As a result,budget of BWG is supposed to be of $20K ~ $30K (not including the lead). More discussion see here.