Compensation in DAOs with Tracheopteryx by Collectively Intelligent

Coordinape: Coordinape is a web3-native compensation tool that spun out of the Yearn ecosystem. To quickly summarize, it’s a peer assessment-based tool where contributors can allocate “GIVE” tokens to their colleagues based on the amount of work they’ve done over some period of time. At the end of the round, users split the pool of funds pro-rata b... See more

Q: How did compensation work? A: The first one was Coordinape, where you're [gifting tokens] to your peers and flowing percentage points to them every two weeks [based on the value you believe they added to the project]. Also every two weeks, we had a self-selection form, and this — opposite of Coordinape — is “This is how much I deserve.” You get ... See more

So, currently it’s a W2 but I’m probably going to change it to a 1099 because I’m figuring out exactly what the best legal structure is based on how I actually like work, and we’re still figuring out where I fit within Orca because again, it’s like one of those things where I’m a researcher but I’m engaging a lot with their DAO and I think that spe... See more

For engagement flexibility, DAOs can create two tracks for contributors. One track would compensate contributors retroactively based on the value that they’ve created for the DAO. Commonly used mechanisms in this area include retroactive funding proposals — where contributors outline the value they’ve created in that period and make a commensurate ... See more

-Zach trying to design systems where people are compensated based on their value to the DAO and can meet their needs. One way paying people say a base salary and then rewarding people in native tokens for work above and beyond. Chase agrees with this kind of model.