AGV Council Compensation Calibration: Startup-Phase Bonus for Current Council Members
AI summary
This proposal asks the Arbitrum DAO to approve a one-time bonus of 90,000 ARB tokens for each of the current Arbitrum Gaming Ventures (AGV) Council members. This bonus is intended to compensate them for the unexpectedly high workload involved in setting up AGV, including designing its structure, processes, and initial investment strategy. The bonus will be paid from AGV's existing budget and will not require additional funds from the DAO.
If passed, each of the current AGV Council members will receive approximately $85,500 (based on ARB's current price of $0.95) in ARB tokens. This proposal aims to fairly compensate the council for their initial efforts, but it could also set a precedent for future 'startup-phase' bonuses in other DAO initiatives.
Voting results
🐳 Whale votes
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Summary
This proposal seeks DAO approval for an updated compensation framework for the Arbitrum Gaming Ventures (AGV) Council.
For the current Council (Year One), we recommend a one-time startup-phase bonus of 90,000 ARB tokens per member, fully vested, in recognition of the heavier-than-anticipated contributions required to establish AGV’s structure, processes, and early investment strategy during its startup phase.
This startup phase bonus is a retrospective acknowledgment of extraordinary effort, not an element of the benchmark alignment. Additionally, these changes will be fu…