This discussion aims to figure out how to pay for the development of Reputation & Roles Grant Proposal and how to distribute the earned OP tokens after the 1 year lockup.
Proposal
ATX DAO will pay contributors a total of $12,500 for the development of the project.
Jacob Homanics will act as the lead developer on the project, thus he will be paid a monthly stipend of $1800 for 5 months for a total of $9000.
Jesse Patterson will immediately receive $750 for his current contributions to the project. $1000 will be reserved* for him to be paid out at an hourly rate of $70/hr for his continued efforts towards the project.
$1750 will be reserved* for other contributors, developers, marketing strategists, etc at an hourly rate of $70/hr for their efforts towards the project.
*Any reserved amounts will return to the DAO’s treasury at the completion of the critical milestones.
At the end of the 12 month lock up ATX DAO will sell all OP tokens to recoup the costs towards development of the project. If the value of 25k OP is greater than $12,500 USD then ATX DAO will split the profits with the contributors, however if the amount is lower than $12,500 USD then ATX DAO will keep all the proceeds of the sale.
Critical Milestone Roadmap & Estimations
The roadmap can be found by scrolling through the proposal.
Expected Number Of Hours To Complete Critical Milestones
Code Migration To Monorepo - 50 hrs
Initial Builder Deployment/Integrations - 75 hrs
Stable Builder Deployment/Integrations - 75 hrs
Gitbook Documentation - 50 hrs
Deploy Final Version of ATX DAO’s Smart Contracts - 20 hrs
Deployment & Integrations of Hats Protocol & Rep - 40 hrs
Deploy Reward Faucet/Website - 40 hrs
Workshop 1: 10 hr
Workshop 2: 5 hr
Workshop 3: 5 hr
