We used Coordinape to pay our DAO. Here’s what we found
We used Coordinape to pay our DAO. Here’s what we found
Nelson Jordan
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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.)
Nelson Jordan
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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.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
Here’s a run-down of how to use Coordinape in your DAO:
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
So once the voting period has ended, the DAO sends Sophie 1,250 USDC for her contributions during that season.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
-Sophie receives 50 GIVE tokens from the community for her contributions.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
-Pick dates for the next season or project to begin and end.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
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.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
-The total allocation across the whole DAO is 1,000 GET tokens.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found
-The DAO’s seasonal budget is 25,000 USDC.
Nelson Jordan
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We used Coordinape to pay our DAO. Here’s what we found