Hello everyone, please review this proposal for an overhaul of how Warcamp handles contributor compensation.
I’m posting this here for formal feedback and discussion before bringing a formal DAO proposal for ratification.
There is a lot here, but I make no apologies for the length because this is such an important thing to get right.
Create an open, transparent compensation system for DAOhaus (Warcamp) contributors that
- encourages consistent valuable contributions to DAOhaus
- gives contributors flexibility to contribute in the way that works best for them and their circumstances
- increases alignment between contributors and DAOhaus values, vision, and objectives
- enables contributors to earn ownership and governance power
- is sustainable
Each month, DAOhaus (Warcamp) contributors receive three levels of compensation:
At this compensation level, contributors can select between two tracks:
- commitment compensation, and
- retroactive compensation
1A. Commitment Compensation Track
Commitment compensation is determined by an intersection of commitment and expected value delivered to DAOhaus, giving a total monthly base compensation amount (measured in USD).
That USD compensation amount will be payed out in a mix of stablecoins (DAI) and the community token (HAUS).
20% of HAUS tokens received will be immediately available. The remaining 80% will vest linearly over 3 years, with a 1 year cliff.
Contributors may choose their desired mix of DAI and HAUS, within the following constraints:
- Must accept at least 10% HAUS
- Must accept no more than 40% HAUS
1B. Retroactive compensation Track
This is how Warcamp has been compensating contributors to date. At the end of each month, contributors describe the value they’ve delivered to their circle and request an appropriate DAI amount. Other members of that circle then vote on the proposal.
Contributors preferring greater flexibility can select this option, though they will earn less ownership (via the HAUS token) this way than if they made a more consistent commitment.
Through Coordinape, contributors give each other bonuses in the community token HAUS. The DAO may also decide to distribute extra HAUS to outstanding contributions.
This level serves as an intersubjective measure of how engaged a contributor was and how valuable their contributions were during the month. In addition to incentivizing contributions, this measurement can be used retrospectively to help the DAO make decisions about contributors on the compensation track.
- For example, a contributor consistently receiving HAUS bonuses above what their base pay grade (value X commitment) would predict is a good candidate to move up to a high value level.
From the HAUS received as a bonus, each contributor has the option to tribute (stake) up to 100% into the Warcamp DAO in return for additional shares.
- 1 share per 0.1 HAUS
1A. Base Commitment Compensation
Levels are based on expected value delivered to DAOhaus. This is a fuzzy concept which does not and should not have a precise definition. Value can come from many different places and in many different forms. It can, however, be measured by one or more of the following depending on the context:
experience, skill, ability, talent, knowledge, etc..
With this in mind, we’ve included some examples of the kinds of proxy measurements contributors can use to assess their and fellow contributors’ value levels. These examples should not be interpreted as requirements for or definitions of the value levels.
Contributors self-assess their starting level and level up by contributing more through DAOhaus.
Level 1: Novice
- New to crypto, web3, and DAOs
- Some experience within their area(s) of interest
- Just beginning to gain knowledge
Level 2: Learning
- Some experience with crypto, web3, and DAOs
- Moderate experience within their area(s) of interest
- A little knowledgeable
Level 3: Solid
- Experienced in crypto, web3, and/or DAOs
- Medium quality experience in their area(s) of interest
- Pretty knowledgeable
- Shows promise, but needs practice and refinement
Level 4: Expert
- Expert in crypto, web3, and/or DAOs
- High quality experience in their area(s) of interest
- Very knowledgeable
- Very talented
Level 5: Master
- Mastery in crypto, web3, and/or DAOs
- Recognized leader in their area(s) of interest
- Extremely knowledgeable
- Highly talented
Levels are based on the commitment the contributor makes to DAOhaus. Like value, commitment is a fuzzy concept which does not and should not have a precise definition. Commitment can come in many forms and look different for different people. It can, however, be measured by one or more of the following depending on the context:
time, dedication, focus, prioritization, effort, etc.
With this in mind, we’ve included some examples of the kinds of proxy measurements contributors can use to assess their and fellow contributors’ commitment levels. These examples should not be interpreted as requirements for or definitions of various levels.
Contributors select their own commitment level, as a percentage of the highest level (Full Commitment).
100% (aka “Full Commitment”)
- Full time: 35-40+ hrs/week (note: this is likely a minimum; some may want to work much more!)
- DAOhaus is top priority
- DAOhaus is the main point of focus*
- Willing to go above and beyond to make DAOhaus succeed
And some examples of lower commitment levels:
Example Level: 50%
- Half time: ~20 hrs/week
- DAOhaus is 1st or 2nd priority
- Focus split across a few projects
Example Level: 15%
- Fractional time: 5-10 hrs/week
- DAOhaus is 3rd, 4th, or even 5th priority
- Focus split across many projects
*We encourage contributors to carve out some time for themselves to explore and collaborate around the greater ecosystem.
Base Compensation Amounts
Monthly Base Compensation Max (Value Level 5; 100% Commitment): ==$12,000==
- Lower Value levels drop off from there
- Lower Commitment levels (eg 50%) are simple percentages of the max
See the Warcamp Contributor Compensation spreadsheet for details.
Each month a pool of HAUS is funded. Using Coordinape, everyone gets 100 GIVE tokens to distribute around to all other contributors they have directly seen value creation. The pool of HAUS is distributed based on the inter-subjective results of the Coordinape Epoch.
Monthly bonus pool amount: ==300 $HAUS==
This is also a lever we can pull as we learn more about what works well. By increasing (or decreasing) the amount of HAUS distributed via Coordinape relative to the amount of HAUS distruted as part of Base compensation, we can acknowledge more (or less) need for intersubjective valuation of contributions.
If a contributor is deemed undervalued by the community, the DAO can opt to drop extra rewards to them through a proposal to ensure that all value creation is rewarded appropriately.
Share Progression System
Shares in Warcamp act as our DAOhaus XP, reputation, and voting power on Warcamp decisions. Stake your HAUS received through Coordinape into Warcamp DAO for direct power/ownership in Warcamp.
insert ‘share progression’ from other doc
At genesis, each commitment track contributor fills out a form to set the following for the next two months:
- self-assess their Value Level
- set a Commitment Level %
- select a HAUS payment %
- identify the circles they (wish to) contribute to
- Sign off on Warcamp / DAOmission mission and values
This process is repeated again by each contributor every 2 months to reassess.
Each commitment track contributor must have a buddy.
Prior to filling out the self-assessment form, buddies should meet to review and discuss the following:
- Intersubjective community feedback from Coordinape bonuses (especially in comparison to the contributor’s expected bonus)
- Community health
- Any other concerns, recognitions, or points of order to raise with Warcamp
More ideas here.
- retroactive track payouts are requested via proposals to the appropriate circles, as they are today
commitment track payouts are bundled together as a single disperse proposal from a dedicated minion in the Warcamp DAO
- collective responsibility of the commitment track contributors to get it right, otherwise it should be voted down by members
- Coordinape epochs proceed each month, as they do today
Flow / Order of Operations
For each compensation cycle (2 month period), here’s an illustrative example how things could proceed:
- Day -7: Circle leads request budget into circle DAOs for previous month for retroactive comp track contributors (proposal in Warcamp DAO)
- Day -7: Paladins request DAI and HAUS budget into Warcamp minion for previous month for commitment comp contributors (proposal in Warcamp DAO)
- Day 0: Previous cycle ends
- Day 1: Retroactive comp track contributors request base pay from respective circle DAOs (individual proposals in circle DAOs)
- Day 1: Commitment comp track contributors request base DAI pay from Warcamp minion (single disperse proposal against Warcamp minion)
- Day 1: Commitment comp track contributors request base locked HAUS “pay” into lock contract (individual proposals against Warcamp minion)
- Days 1-4: Coordinape epoch covering the previous month
- Day 4: Bonuses are paid out & contributers see Coordinape results (including whether they received more or less than expected)
- Days 4-6: All contributors meet with buddies
- Day 7: Commitment comp track contributors submit updated self-assessment form
- Days 8-10: DAO signs off on those submissions (including new Value and Commitment levels)???
What we need
- Summon a new Safe Minion for the Warcamp DAO – this will be the source for commitment track payouts
- HAUS locking contract
- Contributor self-assessment and selection form and worksheet (clickup?)
- Calculate expected monthly payout totals
- HAUS (base + bonuses)
- Based on (4), request enough HAUS to cover the next 6 months of runway
Nice to have
- Disperse boost
- Locking contract compensation boost