22.09.05 JPGS contributor compensation request

22.09.05 JPGS contributor compensation request


Rate:
Compensation: Base rate of $85/h, 100% in 6 month vested $YAM tokens based on the 30 day avg value.

$85/h * 40h = $3400 100% $YAM tokens 6 month vested based on the 30 day avg. value.

Time-frame: Month of August.

Hours Worked: Time Commitment 40 hours.

Wallet for payment: 0x653d63E4F2D7112a19f5Eb993890a3F27b48aDa5

Background

I have been a token holder since V3 launch and have not been a contributor until now. In August I was voted in as Treasury Director and have been working diligently to deliver the mandate.

Goals

  1. Increase the overall value of the treasury with approved investment strategy and Yam project/silos.
  2. Minimize overall expenses from the treasury.
  3. Support value added Yam projects/silos.
  4. Increase overall value of the Yam Token and Market Cap.
  5. Maintain overall investment risk profile of the treasury.

Work Done

I have spent the past month actively working to:

  1. Review and approve/deny any requests to the treasury from regular expenses to contributor compensations to new silos or projects needing funding.
  2. Maintain treasury investment risk profile by initiating rebalancing when needed.
  3. Create guidelines that follow/supports mandates.

This involves attending meetings, responding to threads / steering contributors to be mindful of the TD mandates and supporting value added Yam projects/silos.

Lessons Learned

Goals 2 and 3 are of primary importance and require utmost attention. Goals 1 and 4 will start to manifest as we deliver goals 2 and 3. Goal 5 is ongoing.

1 Like

Nice work @jpgs.eth

Feddas