[GIP-248] Amendment — KPI & Tiered Performance Bonus for BD Initiative
AI summary
This proposal amends the performance bonus structure for Gearbox DAO's Business Development (BD) initiative, specifically for a person named Jorge. It replaces the previous Key Performance Indicator (KPI) section with a new tiered bonus system based on qualitative assessment and Total Value Locked (TVL) growth. A committee will evaluate performance quarterly, assigning a rating (Good, Great, or Awesome) that determines a bonus uplift of 20%, 50%, or 100% respectively, applied to Jorge's base annual compensation. Bonuses will be paid 50% in stablecoins/pool assets and 50% in GEAR tokens.
If passed, Jorge's compensation will be directly tied to a new, more flexible bonus structure, potentially increasing his earnings if performance targets are met. The DAO benefits from a clearer incentive structure for business development, aiming to drive TVL growth and improve partner relationships. The change acknowledges that direct referral data was an unreliable metric for assessing BD impact.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
(to be appended to GIP-232 and replace the existing KPI section)
| Tier | Total Bonus Uplift* | Illustrative TVL Growth Milestone** | Deciding Body |
|---|---|---|---|
| Awesome | +100% | ≥ $150M USD | Review Committee |
| Great | +50% | ≥ $60M USD | Review Committee |
| Good | +20% | ≥ $20M USD | Review Committee |
*' The uplift is applied to BD’s base annual compensat…