YAM Core Team and Community Incentive Plan (2020-10-9)

The YAM team and community’s initial incentive plan is generally 100% linked to YAM’s market cap valuation. There is no basic salary, but there is a monthly cap. The general ideas are as follows:

  1. All core members and community management under 30 million USD have no salary and compensation.

  2. Under $30million ~ $50million mcap, the salary of the core members is limited to 5000YAM per month. The community manager does not have a salary at this level. The total compensation of the core team cannot be above the monthly total limit.

  3. Under $50million ~ $100million mcap, the salary of core members is limit to 8,000 YAM per month, and the salary of the community manager is 1,100YAM/person/month. The total compensation of the core team cannot be above the monthly total limit.

  4. Under $100million ~ $300million mcap, the salary of core members is limit to 11,000 YAM per month, and the salary of the community manager is 2,000YAM/person/month. The total compensation of the core team cannot be above the monthly total limit.

  5. Under $300million ~ $500million mcap, the salary of core members is limit to 14,000 YAM per month, and the salary of the community manager is 1,500YAM/person/month. The total compensation of the core team cannot be above the monthly total limitation.

  6. When the YAM mcap reached $1billion, all core members will be awarded a one-time incentive of 100,000 YAM per person which is not limited by the monthly spending limitation.

  7. For the cap of monthly spending limitation, which cannot exceed 100,000 YAM per month, regardless of the market value.

  8. All other things not listed above, such as to do a salary increase for a certain core member, this requires a vote of the whole community to pass, refer to YFI’s salary increase mechanism.

Poll

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Core team and community mangers,

Let’s focus build value first before mcap reach $30mm. When we reach that level, I think we already get some clean ideas here how to motivate each one here. In the most hard time, please YAM community united to move ahead. Thanks!

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