Decentral Labs Worker Proposal - 18th of March to 18th of May

Background

Decentral Labs is submitting this proposal to provide services to DXdao such as treasury management and support in governance and operations processes.

Timeframe

In line with current contributor guidelines, this proposal is submitted from the 18th of March to 18th of May.

Goals

  • Regular treasury responsibilities
  • Regular governance / operations responsibilities
  • Testing / QA for DXvote
  • DXlegal
  • eSports Governance

Responsibilities

40% Governance

Day to day responsibilities include reviewing live on-chain proposals, ensuring operational proposals are being submitted and passing on time.

Working with the DXgov team. QA testing new releases and working with the team on Gov2.0

30% Treasury

Daily treasury monitoring, ensuring we have sufficient operational funds on all bases. Exploring and expanding our ability to do trustless treasury management. I.e. swapping stables on Gnosis Chain through the DXdao avatar thanks to DXgov generic multi calls scheme.

Ensuring the buyback moves forward, monitoring buyback data and submitting regular proposals.

Exploring yielding opportunities for DXdao.

15% Legal

Working together with a number of retained law firms on matters such as DXdao Legal Defence fund, facilitating employment for contributors in “ challenging ” jurisdictions, exploring liability measures etc.

10% ContributorX / Events

Working together with the ContributorX squad and assisting in planning and budgeting for events and conferences.

5% eSports

Working with CPHFlames - regularly staying in touch with them and always looking for creative ways to engage the eSport audience with DAOs and governance. In April an in-person meeting will take place with CPHFlames in Copenhagen to discuss future plans to work together and bring governance to their team and audience.

Compensation

FT - Level 7

USD 18000 for 2 months, 1/2 to be sent on the first payment proposal and 1/2 on the second payment proposal

$15000 DXD

REP 0.3334% for 2 months, 1/2 (2894) to be sent on the first payment proposal and 1/2 (2893) on the second payment proposal

Expenses

This proposal also claims two expenses:

MME Invoice: CHF 9,384.85 ~USD 10,125 (retained in Q4 Legal proposal: 0x48e74706b4f225e698bcc61b68c9d3af8a77cee9810fa23ae4faa2147da2664d)
CPHFlames Jerseys Merch: EUR 13,600 ~USD 15,055

Total USD: 25,180

Note that the CPHFlames jerseys are for the whole year - for logistical reasons we are ordering them in one go. 50 have already been given out at ETHDenver, 100 are being shipped to Amsterdam, and 250 to Lisbon (for storage for future events).

5 Likes

Over the past months we’ve had a lot happening at DXdao, beyond the regular governance / treasury repsponibilities - we’ve been exploring efficient ways to deploy more capital of DXdao to yield.

This has resulted in the 2000 Staking ETH proposal by Stakewise, and also discussions around how DXdao could use a decentralized smart contract setup to put it’s capital to work while minimizing trust assumptions.

One personal highlight of the month was ETH Amsterdam - it was a great set of conferences to meet colleagues and the crypto industry at large. The hackathon was also a great experience, where we became finalists with our nimi.eth.limo project!

Shortcomings:

The past few months were quite buys, one personal shortcoming was the Q1 treasury report. I’ve been syncing up with @Powers taking about general budgeting and reports going forward and we’re currently exploring potentially onboarding a new member to the governance squad to help on such matters - as both myself and Chris are already spread quite thin.

The proposals pays out the following:
9000 USDC
2893 REP
4680 USDC (MME Lawyer fees)

3 Likes