SCP #188: Holiday Bonus Distribution Proposal 2024

Details

The proposed holiday bonus aims to boost morale and show appreciation for our team’s efforts. With fewer than ~25 regular contributors (both full-time and part-time), the maximum outlay for this bonus would be ~$150,000 in FOX tokens.

Eligibility and Distribution

Eligibility for the holiday bonus will be determined by workstream leaders based on the contribution levels and roles within their respective streams. Workstream leaders are responsible for informing the Tokenomics Workstream of the eligible Colony users, or providing the necessary addresses for the direct distribution of FOX tokens.

Budget and Impact

The total expenditure for this bonus will not exceed $150,000 in FOX tokens, ensuring a sustainable impact on our treasury while offering a tangible expression of gratitude to our contributors.

Benefits

Employee Morale: Distributing holiday bonuses demonstrates recognition and appreciation of the contributors’ hard work, boosting morale and motivation across the DAO.

Retention: Such bonuses can aid in retaining top talent, especially as contributors consider their options heading into the new year.

Positive Culture Reinforcement: By rewarding contributions, we foster a culture of recognition and gratitude, which is vital for a decentralized organization where contributors are spread across the globe.

Costs

Financial Impact: The maximum outlay of $150,000 in FOX tokens from the treasury represents a significant expense. While manageable, this expenditure must be weighed against other budgetary needs and priorities.

Precedent for Future Expectations: Implementing a holiday bonus might set a precedent for future expectations. Regularly expected bonuses could lead to financial strain if not planned carefully with respect to the DAO’s operational budget and revenue forecasts.

Allocation Decisions: The responsibility placed on workstream leaders to determine eligibility could lead to perceived favoritism or discontent if not handled transparently and equitably.

Vote

For: Approve the distribution of holiday bonuses as proposed, to express appreciation for the contributions of our team members.

Against: Reject the proposal to distribute holiday bonuses.

start

January 2, 2025

9:30 PM

end

January 10, 2025

9:30 PM

Voting

off-chain

Voting type

basic

Voters

Votes

7,212,588

Final Votes

closed

For

7.2M FOX

99.45%

Against

40K FOX

0.55%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%