Giveth Core Team Compensation - August 2022

Proposal Information

Proposal description:

For August 2022, contributors were paid in xDAI by Griff. This is a proposal requesting reimbursement.

Proposal Rationale:

Griff is a GIV maxi, and to facilitate the payments of stable tokens to our contributors while we still build a better treasury management system, he pays people in xDai and asks for reimbursement here. Hopefully this process will cause upward pressure on the GIV price as our contributors use xDai to buy GIV, instead of the opposite, where our contributors get paid in GIV and then sell the GIV to pay bills.

Also, while we sort out a streamlined process for payments, we believe this is the efficient way of paying people on time and without delay. Should there be better alternatives, your suggestions and feedback would be greatly appreciated.

Team Information

For this month, we paid 40 Giveth contributors. Details of the paid contributors are as follows:

With Role Proposals: Griff, Mateo, Lauren, Ashley, Amin, Mohammad Ranjbar, Moenick, Carlos, Kay (not paid for August and September), Suga, Alireza, Melody, Cherik, Ramin, Claire, Pavle, Nikola, Cotabe, Giantkin, Santi, Mitch, Marko, Rodri, Mo, Heather, Freshelle, Ahmad, Tossyne, Yass, Moe Shehab, Nico, Jake

Under Trial Period or with pending Role Proposals: Toraif, Chadfi, Corinna (August to be paid together with September pay), Freiheit (Simone), Sym, Katya, Franco, Almond, Maryam

Very part time / project-based contributors (may not need Role Proposals):

Name Number of Hours for the month Contribution/role/task
Brodhisattva 8 Security
Vitor 2 (1) Fix on the GIV circulating supply API (used on coingecko) (2) Setup of tokenlog for Giveth Roadmap
Fabio (pending - Jun, Jul, Aug to include next month if there’s any)

Funding Information

Amount of GIV requested: $94,501.62 worth of GIV

Please note that adjustments were made this month for overpayment/estimate of some contributors last month.

Ethereum address where funds shall be transferred: 0x839395e20bbB182fa440d08F850E6c7A8f6F0780

The amount requested will be from nrGIV in GIV tokens at the spot price when the vote is created.

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Approve Giveth Core Team Compensation (August 2022) Payment

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The proposal is now up for voting here!

94,501.62 - DAI requested
GIV price - 0.040521643301185
Block number - 24347778
94501.62 ÷ 0.040521643301185
2,332,127.03881721 GIV requested