Request for Comment: yToken Rebalancing Rewrite & Protocol Work Incentivizes

There is a currently a proposal out to set aside 5% of emissions for protocol use. I am in favor of that as there definitely needs to be capital set aside to fund future development.

This early in a project’s life cycle it is too early to completely decentralize so it would be quite prudent for the project to onboard full-time & part time paid contributors. Synthetix set a great model of this with striking a healthy balance between clear leadership, dedicated roles, DAO management of funds, and a mix of community/core team directing project buildout.

The roles required by the project include:

  • Project Management (Project Lead)
  • Partnerships
  • Researcher / Writer (need someone to lead documentation)
  • Communications
  • Front End Engineering
  • Operations
  • APR optimization engineering
  • Anything else supporting Andre’s/project development

Some of these roles can be filled by multiple people or one person fulfilling multiple roles. Also please comment what other roles the project could potentially need.

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