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

-Decide who will be considered a ‘contributor’ for that season, and add their wallet addresses to Coordinape.

-Sophie receives 50 GIVE tokens from the community for her contributions.

So once the voting period has ended, the DAO sends Sophie 1,250 USDC for her contributions during that season.

At DAO Masters, we instituted an Appeals Process, whereby anyone who was unhappy with how many GIVE tokens they had been allocated could state why. One member chose this option for themselves and also raised an appeal on another’s behalf. We discussed this appeal within DAO Masters and put a revised compensation plan to a Snapshot vote, which passe... See more

-Pay people based on Coordinape’s contributor breakdown.

Sophie’s 50 GET Tokens are 5% of the available 1,000 GET tokens, so she is sent 5% of the DAO’s total budget (5% of 25,000 USDC = 1,250 USDC.)

A poor Coordinape setup could mean contributors are incentivised to reward their friends and the most active Discord users, not those who actually provided meaningful value.

After much investigation, we decided the best way was to move Season 1’s total compensation budget of 15 ETH from our Gnosis Safe to Metamask and from there to Disperse, which we used to send out compensation in one batch to save on fees.

-At the end of the season, her GIVE tokens are automatically converted to GET tokens.

-The DAO’s seasonal budget is 25,000 USDC.