We used Coordinape to pay our DAO. Here’s what we found

The leading tool for intersubjective evaluation is Coordinape. DAOs can experiment with various policies for the mechanism, including for how many points each contributor should have to give out to others (impacting how much weight each contributor has in determining the results), how large the bonus pot should be relative to the base compensation ... See more

DAO infrastructure is an emerging sector, and novel compensation mechanisms are a key part of it. Fortunately, over the past year or so, we’ve seen more tools to help compensate contributors in various ways. The sector has also seen well-funded DAOs adopt more traditional mechanisms like USD-based salaries that feature token-based compensation pack... 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

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

As discussed, the hardest part of this seems to be assessing the value of contributions. In the short-term, this is inevitably quite subjective and requires a largely qualitative assessment. Over time, we’ll be able to design governance mining distribution mechanisms that are quantitatively driven, creating greater efficiency & less subjectivity th... See more

Many DAOs currently benefit from the flexibility they are able to offer their contributors. In contrast to traditional companies, individuals can move fluidly between DAOs, often contributing to multiple DAOs at the same time. While this flexibility is appealing to many contributors and is one of the factors that has enabled DAOs to attract top tal... See more