Giveth Core Team Compensation - May 2022

Proposal Information

Proposal description:

For May 2022, contributors were paid in xDAI (some in GIV) 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 42 Giveth contributors. As we implemented the Updated Contributor Organization (HR) Process in May, I have included in this list those who are from General Magic. We will no longer have a separate post for General Magic.

Details of the paid contributors are as follows:

With Role Proposals: Griff, Mateo, Lauren, Ashley, Amin, Mohammad Ranjbar, Moenick, Ramin, Cherik, Carlos, Kay, Suga, Melody, Nikola, Cotabe, Alireza, Giantkin, Mitch, Marko, Rodri, Mo, Heather, Freshelle, Ahmad, Tossyne, Yass, Moe Shehab

Without Role Proposals: Pavle, Claire, Pedro

Under Trial Period: Chadfi, Santi, Toraif, Todd, bends, Miyo, Nico

Very part time contributors (may not need Role Proposals):

Name Number of Hours for May Contribution/role/task
decentralizedJ 3 GIVeconomy Research
Brodhisattva 5 Security
Vitor 2 Tokenlog support
Fabio 18 GIVpower development
Stee 2 Twitter consultation

Funding Information

Amount of GIV requested: $103,794.79 worth of GIV

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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Voting is now up in Aragon.

103,794.79 - DAI requested
GIVprice - 0.0537761096610921
blocknumber - 22905917
103,794.79 ÷ 0.0537761096610921
1,930,128.27915845 GIV requested