Saved by sari
A Big Test for DAOs: Honing New Compensation and Contribution Practices
DAOs have systems of organizing tasks that need to get done along with incentives for said tasks. This can be monetary incentives like bounties or reputational incentives to get other benefits in the DAO like more voting power.
Nikhil Krishnan • Decentralizing Journals and Peer Review DAOs: the evolution of legitimacy in scientific publishing
-Yearn started just doing grants or gifts for contributors after they did great work. Some studies have shown that financial incentives can inhibit creativity. Coordinape is based on the gift economy where every month there is a budget and the members receive give tokens which they can give to people and people receive compensation based on those g... See more
Aron Fischer • Compensation in DAOs with Tracheopteryx by Collectively Intelligent
Contributors are currently compensated retroactively. Contributors informally request payment at the end of each month from their respective Circles according to the self-assessed value they created. Once the Circle verifies contributor requests, Circle leads then make a proposal requesting Circle funds for that month from the Warcamp DAO. Individu... See more