Proposal “core-team-compensation-april“ (Completed)Back

Title:Core Team Compensation (April)
Owner:glennaustin
One-time payment: 3100 DASH (514713 USD)
Completed payments: 1 totaling in 3100 DASH (0 month remaining)
Payment start/end: 2019-03-18 / 2019-04-16 (added on 2019-03-09)
Final voting deadline: in passed
Votes: 27 Yes / 0 No / 0 Abstain
External information: app.dashnexus.org/proposals/3bf60383-084b-4185-89ec-69cae3c2bc60/overview

Proposal description

Dash Core Group April 1st Funding Proposals
DCG is submitting 2 funding proposals for the April 1st budget cycle:
1) DCG Compensation: $249,240
2) DCG Legal: $49,000

What does this specific proposal fund?
This proposal funds Dash Core Group's ongoing compensation costs - including all developers, administrative, business development, marketing and support staff.
In April, DCG is projected to have 43 staff associated with the project. The breakdown of the number of staff we have working in each unit will be as follows:

Development and Operations:
Full-time: 26
Part-time: 6

Admin / business development / marketing / customer service:
Full-time: 10
Part-time: 1

* Full-time defined as contracts permitting staff to bill up to 40 hours a week
** Part-time defined as contracts permitting staff to bill less than 40 hours a week

Our run-rate in April will be $250,000 after taking into account voluntary pay reductions, recent resignations, layoffs and the non-renewal or cancellation of certain contracts. 
With the current proposal, we are asking for pre-pay-reduction run-rate funding of $249,240. If the price remains in the $80 we will not need to draw down on our buffer this upcoming month. 

If you have any questions, please direct them to glennaustin at dashcentral to ensure we are notified of your request.

Requested funding is as follows for the April 1st budget cycle:
· 3,095 Dash for core team compensation ($249,240 USD @ $80.40 per Dash)
·       5 Dash proposal reimbursement
Total: 3,100 Dash

Note: Should any funding remain, we will apply it toward future compensation expenses.



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Discussion: Should we fund this proposal?

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0 points,2 months ago
Please stop the censorship on the subreddit.
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1 point,2 months ago
So, if Dash remains above $90, that would allow you to begin stashing some extra Dash in the rainy day fund? If yes, excellent.
solarguy
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