AGV Council Compensation Calibration: Benchmark for Future Council Terms
AI summary
This proposal seeks to increase the compensation for members of the Arbitrum Gaming Ventures (AGV) Council. Each Council member's annual base salary would rise from $30,000 to $50,000, and the Investment Committee seat's salary would increase from $80,000 to $100,000. Additionally, each member would receive a 60,000 ARB token bonus, vesting over six months after their term. These changes are intended to align AGV Council pay with industry benchmarks for similar roles.
If approved, AGV Council members will receive higher compensation, potentially attracting more qualified individuals and improving oversight of the 200 million ARB capital. This will be funded from AGV's existing budget, so no additional funds are required from the broader Arbitrum DAO treasury. The current AGV Council will not retroactively benefit from these changes.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Summary
This proposal seeks DAO approval for an updated compensation framework for the Arbitrum Gaming Ventures (AGV) Council for the next term.
In order to align AGV Council pay with external benchmarks for comparable advisory and portfolio-oversight roles across DAO, venture, and corporate board ecosystems, we recommend the following forward-looking adjustment to Council compensation packages, beginning with the next Council term:
- Annualized Base Salary: $50,000 USD stipend (up from $30,000 USD) for Council members, and a $100,000 USD stipend for the Investment-Committee seat (up from…