XIP#5 Reward Early Developer Contributors With One-Off Retroactive Grant
AI summary
This proposal seeks to reward two early and active contributors, Owen and Vasa, to the NFTX DAO with a one-time retroactive grant of 50 $NFTX tokens each, totaling 100 $NFTX from the DAO's treasury. This grant is intended to acknowledge their significant contributions before they were formally compensated, and it sets a precedent for valuing community-driven efforts. The proposal also notes that this is a one-off event and future rewards will likely come through a structured bounty program.
If passed, Owen and Vasa will each receive 50 $NFTX tokens, totaling 100 $NFTX tokens distributed from the DAO's treasury. This will reward past contributors and could encourage future community engagement, while also increasing the voting power of the recipients. The DAO's treasury will decrease by the specified amount.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Authors
ChopChop
Glossary
DAO Grant
Summary
This proposal is intended to retroactively reward early development contributors to the NFTX DAO with a one-off grant, paid in $NFTX tokens from the DAO treasury. After this one-off grant reward, no further retroactive grants are to be expected apart from highly exceptional scenarios.
Rationale
As a relatively new open-org, our competitive lead is partially caused by all the value that self-motivated community contributors create for the DAO. This comes in all shapes and sizes, ranging from leading operational, development and/or produ…