Would someone be able to break down the Treasury outflows for the two laid out increases in pay? How does this reduce the backing of Ohm if at all?
OIP-21: DAO Budget Increase + Milestone Framework
I’m ok paying for work done. I would like to see more transparent reports. Who has been payed, how much, and for what deliverable. If those reports are already done I couldn’t find them, so maybe expose those better, with a weekly or monthly update on announcement channel.
Writing is on the wall Folks, ape all that "other-nft-stuff or w/e" the Honey POT is $OHM that is all i'm gonna say- be smart-
Vanadio that's a fair and reasonable request for transparency and accountability
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I am all for fair and equitable pay, but I think it requires transparency as to the number of team members and allocations being received currently. Additionally, it begs the question, how will the 60k be allocated? Will there be a reserve for as-of-yet hired team members or will the current team split the 60k and see their pay decrease as new team members join? That’s a sure fire way to ensure people feel underpaid in the future.
If the OIP is altered to open the books so transparency is offered, I’m 100% “for” OIP-21. I think in its current state, there are too many unanswered questions for me to make an educated decision and therefore I tend to stay more conservative with my decision making. I want to reiterate, I’m happy with the team and want everyone to be compensated fairly, let’s just get a better look at the whole equation first.
Lets start giving the DAO some of the pOHM instead of money generated by the treasury.
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Firstly, the DAO only pays for work done, so that's easy and i def agree.
As far as releasing more reports, this is a great suggestion. Most teams released their allocation data internally, also the DAO log channel is public in the DAO, so anyone can view all the allocations that have been sent out and to who. We have more detailed data in a spreadsheet and are working on making it more visually pleasing (lots of charts and graphs) before we release it.
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We aren't just throwing money at people, so OHM is only paid for work done. The reason for the raise is to be able to pay the growing number of DAO contributors more fairly (budgets were getting too low for amount of contributions).
Budget is split between team budgets and project budgets (67%/33% respectively), with each team receiving a percentage to allocate towards ongoing and ad hoc team contributions, and a project budget to which DAO contributors can propose defined projects (start and end date, deliverables, etc) and request funds from.
I would like to make the books more transparent as well and we are in the process of making things pretty and easy to view, we can release this soonTM
All for it. But with more transparency pls sers.
Thank you fren!
I have added an edit to the post with a link to budget and allocation data
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The sheer amount of talent that floods into the DAO on a daily basis is truly awe inspiring. I believe its extremely important that all members of the DAO receive fair compensation for tasks and projects that they help ideate, assist with and ultimately complete. We have the absolute best community in the crypto realm and it's extremely important that we double down on that with the absolute best DAO there is as well. This means that as the DAO continues to grow at hyper-drive like speeds, we have a budget that matches both the talent and growth rate of the protocol. I 1000% stand behind this proposal as this directly affects the Ohmies that help make Olympus what it is today. Our incredible hOHM.
The working ohmies of the DAO are the rock upon which the great house that is olympus is being built.
Their synergy and alignment of passion and skill is certainly part of what proves 1 + 1 = 3
Take care of our builders, our masons, our carpenters, painters, and orators, our divinators, memelords, and technomancers ensure they feel valued, and ensure they feel confident to attract more journeymen to our cause -- knowing their needs can be met with fair compensation and deep appreciation at no opportunity cost to themselves and we will find continued success.
At the same time; by doing so - we can enable those most apt at eliminating social arbitrageur and other freeriders to keep their senses keen while adding fresh eye's to their ranks as new auditors as well.
It takes a village they say to raise a child -- and we aim to raise a nation. Put the resources forth to let the power of an abundant mindset flow like nourishing waters to our elder and new builders alike. We will all grow in kind.
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I'm for the proposal, thank you for putting such thoughtfulness in this proposal which usually can be a little tricky. Especially the framework of milestones part. And wow, I wasn't aware that we've seen so much growth in the number of contributors. The future of Ohm is bullish, Looking forward to further integrations!
To acquire and retain the best talent we must prepare an attractive compensation
I believe this is the way to grow OlympusDAO to become one of the best DAO
I am for proposal 1. The shared data makes it clearer where the spend is going.
But for proposal 2, I like that it is based on a target, but maybe it would help to publish our current standings, trend for the past year and WIPs in a single page? That would help voters get a clearer understanding of the baseline.
i.e
what is the current number of Ohmies staking and what was the increase trend for the past year?
what is the current number of Ohmies on discord and what was the trend for the past year?
what are the current or target proposed partnerships in the works?
what are the current or target new integrations?
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You can see our # of ohmies staked on the dashboard, and we have announced membership milestones in discord, we are currently at just under 15k discord members.
As far as proposed partnerships, this information cannot always be made public right away, but I can tell you our partnerships team is one of the busiest teams in the DAO. Current partnerships and integrations are also listed in this proposal above (Rari Fuse, Frax, AAVE, Convex, Abracadabra). I believe there are other partnerships/integrations that have even been hinted at on twitter 
Great job so far OHMies! I'm all FOR! Keep up the great work 