Proposal “dash-core-team-compensation-december---f“ (Active)Back

Title:Dash Core Group Compensation (December - February)
Owner:glennaustin
Monthly amount: 2871 DASH (195066 USD)
Completed payments: no payments occurred yet (3 month remaining)
Payment start/end: 2019-11-15 / 2020-02-12 (added on 2019-11-06)
Final voting deadline: in 11 days
Votes: 228 Yes / 1 No / 2 Abstain
Will be funded: No. This proposal needs additional 265 Yes votes to become funded.
External information: app.dashnexus.org/proposals/dash-core-team-compensation-december---february/overview
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gobject vote-many 40977c758f4f920aeac0d687c1978f4228a9d072428cb8076695aee1a761462b funding yes

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Proposal description

Dash Core Group December 1st Funding Proposals
DCG is submitting 2 funding proposals for the December 1st budget cycle:
1) DCG Compensation: $209,400 (multi-month proposal)
2) DCG Premises: $41,200

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.  This is a multi-month proposal that will cover compensation for December, January and February.  

In December, DCG is projected to have 39 paid staff associated with the project.  We currently do not plan on backfilling any open positions due to budgetary pressures.

Our run-rate in December will be $250,000 after taking into account voluntary pay reductions. We still have 3 staff who are voluntarily working at significantly reduced rates.  

With the current proposal, we are asking for funding of $209,400 per month. At current Dash price of $73 we will be consuming a small portion of our reserves on a monthly basis.  This reserve is in place exactly for these types of situations as the reserve absorbs volatility in the price of Dash.

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 December, January and February budget cycles:
· 2,869.33 Dash for core team compensation per month ($209,400 USD @ $73.00 per Dash)
·        5 Dash proposal reimbursement (~1.67 Dash per month)
Total: 2,871 Dash per month

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


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Discussion: Should we fund this proposal?

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1 point,3 days ago
How many dash-core-team-compensation was successful in 2019?
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0 points,3 days ago
"At current Dash price of $73 we will be consuming a small portion of our reserves on a monthly basis. This reserve is in place exactly for these types of situations as the reserve absorbs volatility in the price of Dash." - Excellent.
Reply