Proposal “coreteamcomp0319“ (Completed)Back

Title:Core Team Compensation (March)
One-time payment: 3100 DASH (230873 USD)
Completed payments: 1 totaling in 3100 DASH (0 month remaining)
Payment start/end: 2019-02-15 / 2019-03-17 (added on 2019-02-08)
Votes: 897 Yes / 27 No / 0 Abstain

Proposal description

Dash Core Group March 1st Funding Proposals
DCG is submitting 2 funding proposals for the March 1st budget cycle:
1) DCG Compensation: $209,000
2) DCG Business Development: $41,000

This proposal

This is cross-posted here

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 March, DCG will 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 March will be $250,000 after taking into account voluntary pay reductions, recent resignations and the non-renewal or cancellation of certain contracts.  

With the current proposal, we are asking for funding of $209,000.  We will be drawing down on our buffer in order to pay for the expected shortfall in funding.  If the price were to remain in the $60 range, we will need to reduce our run-rate further in future months.  This gradual approach ensures that we don’t over-react to market movements.

If you have any questions, please direct them to @glennaustin in this Dash Forum post to ensure we are notified of your request.

Requested funding is as follows for the March 1st budget cycle:

· 3,095 Dash for core team compensation ($209,000 USD @ $67.5 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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2 points,1 year ago
DashWatch report?
1 point,1 year ago
Why fund for other marketing projects if core team is paying 10 full time people for marketing?
0 points,1 year ago
10 people are in administration, business development, marketing and customer support. This includes Ryan, myself, the entire business development team, translator lead, the Dash helpdesk.
We actually only have 2 people dedicated full-time to marketing right now.
1 point,1 year ago
Yes from me.
1 point,1 year ago
Thank you.
2 points,1 year ago
Thanks for the very informative quarterly call. And answering a record number of community questions. The new efforts at communication and responding to the community are very much appreciated. Carry on to victory!
1 point,1 year ago
Much appreciated.