This is dave (fluidDrop on keybase and daotalk). I’ve been following DXdao for quite some time and have been actively joining the calls and following discussions on Keybase for the past month. During this time the treasury and accounting aspect of DXdao has been a topic often brought up. I, hereby, submit my worker proposal to work on treasury transparency and accounting.
I had a couple of calls with @powers_chris, and we came up with some initial things for me to work on as part of my 2-week trial.
4th March 2021 - 18th March 2021
18th March 2021 - 18th May 2021 (contingent on the trial period)
- Treasury transparency
- Treasury accounting
- Treasury time-series - getting data about the treasury over the past ~6 months
- Get an overview of funding per product (working backwards from ETH TXs)
- Develop and maintain some treasury reporting (i.e. financial accounting / reporting in traditional terms)
- Q1 Treasury Report
- Financial reporting for buyback use
For the trial period, the Q1 treasury report will not be completed as the quarter will not be over yet, but I plan on gathering data and developing a solid framework for reporting flows of capital.
I believe these responsibilities will change and evolve over time as new ways of using capital come along (i.e. DXventures / providing liquidity to products) as well as funds being distributed over new chains (i.e. xDAI). I also think there is an opportunity to organize and present this data for community members with less familiarity with DXdao. I also think the accounting structure should make it easier to create forward-looking budget projections. Other future responsibilities may include accounting for revenue from DXdao products and investments and establishing a more granular overview of the treasury, i.e. liquid vs illiquid funds (buyback reserve).
50% time commitment - Level 3 Experience
Trial period (50%):
Base Salary: $750
Contingent on successful trial period, following two months (80%):
Base Salary: $2400, 50% to be paid at the beginning of the work period and 50% to be paid at the conclusion of the work period
In an effort to retain some pseudo anonymity I’d rather not share personally identifying links. I know a couple of DXdao workers IRL - who can, eventually, vouch for my experience.