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

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

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

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

The most frequent piece of feedback was that our members weren’t sure whether they were just supposed to reward the people they had worked with, or whether they should also reward those they saw adding value in other parts of our DAO.

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.

-The total allocation across the whole DAO is 1,000 GET tokens.

-Pick dates for the next season or project to begin and end.

-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.)