From my understanding, the current proposal is WIP, as there is a focus being given to other budget proposals that have received more attention (Gas refund, POL, Staking, etc). However, I wanted to give out a couple of my own thoughts on things that might have to be considered on this budget implementation, and I would love to hear the thoughts of everyone else:
- Evangelist role
In its current state, everyone is free to label themselves as evangelists, which makes the role pretty much impossible to budget. Because of this, I think there’s going to be a need to reform its role entirely.
Personally, I think the best solution would be to split the role into two roles, with different levels of strictness:
- A less strict ‘Influencer’ role: This role would be for people that seek to increase the outreach of Paraswap as much as possible, even if they are not directly involved in the DAO’s day-to-day running. This role could be compensated by giving them an even bigger cut of the referral link split for a whitelisted address. This would not even require a new audit, just for us to send the slippage initially allocated to Paraswap, and its compensation would be directly proportional to how effective their referral link is.
- A ‘community manager’ role, with stricter criteria. I’m still not sure on what duties this new role would have, all I know is that these people are expected to better represent the DAO, so a stricter selection process could be necessary.
- PSP Lock for compensation?
To avoid contributors dumping their rewards as soon as they receive them, I think some sort of lock mechanism is necessary. Something reasonable, like a 2 month lock that can be unlocked early with positive price movements, makes sense to me.
- Gas refund NFT compensation for long-term members?
Finally, wanted to throw an ‘out-there’ idea! To reward long-standing members (I’d say 3 month minimum for the lowest rank), we could give unique NFTs to users. This would help people remain motivated to remain in the DAO in the long term, and would reward protocol usage even after they are not DAO members.