Absolutely agree about being accountable and having clear defined roles. Not agreeing with voting for every position since it should be based on that persons aptitude for the role and not a vote in which popularity of candidates plays a huge factor and also, I don’t think that stakeholders with more YFI are necessarily better at judging a person’s skillset than those that have little.
The core team should propose the candidate(s) and then they should be voted on like done here.
My 2 centavos…
Im not trying to be rude. I just happen to think these numbers are large as someone who makes far less with plenty of work experience and expertise in my field.
What exactly does Klim, Franklin, and Trac do to warrant such a pay rate?
Why wouldnt we pay Banteg and Andre real salaries closer to $12k per month. We want them comfy, not scraping by.
I am against paying blue kirby.
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Doesn’t the founders of curve have a lot of money now like 100s of millions? 
I think the team that has worked on this deserves to be paid handsomely, even Kirby. He made memes and marketing and has clearly spent alot of time helping yfi grow. I would be up for minting 1k to 3k more yfi for the team even! Tho vested or something.
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But to me the team is Andre and Banteg. Everyone else was supporting roles like cogs in a wheel replaceable with any salaried laborer. Again not trying to be rude but why are we paying them so much? I honestly dont know what, for example, Klim does other than overmods telegram and the forum
I do think devs should be paid like double or triple what others are paid and Andre like 5x, I do think marketing should get a good bit too. Note I’m not speculating on price ie how much they should get paid just how they should be paid relative to other members of the team.
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All for this idea.
Wouldn’t it be interesting to incentivize the core team like we do with the strategy makers.
Allocate a percentage of the profits that flows into the the treasury to the core team for them to decide how to split the pot between themselves ( e.g. fixed ratio with monthly variable based on contribution). They themselves are the best to be able to estimate how much each role contributed till now and contributes in the future and how to divide that . This way their incentives scale with the yearn ecosystem. With this system the only concern and yip voting for YFI holders will be increases in core team profit allocation% if they want to bring in new core members. If they change/increase/decrease core team without it having an effect on the profit allocation no reason for the YFI holders to interfere.
I think you are confusing the amount of communication with the amount of work, tons of people are working on yearn behind the scenes every day. It has received millions worth of pro bono work, not every piece of which sounds exciting enough to be tweeted.
We’ve been shipping so much stuff that I’ve been wearing the additional comms hat for the last few weeks to not overwhelm Andre with it and to bridge the gap between devs and the audience. As @tracheopteryx noted, every one of us has been juggling a lot of hats which seem to have crystallized into more formal roles only a short while ago.
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Shouldn’t we than just first define the roles we need and accordingly find the right people to fit these roles. It looks like this proposal does it the other way around.
I think assign a core 2 person team with writing the strategy for yfi and accordingly define the positions that are needed. Then find the right persons is a sound process. This project is not the boys scout were just everybody is assigned in a role who is doing something.
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I’m all for! Let’s move forwards folks!
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I see what youre saying and then I’m all for Trac getting paid too. I am not confusing anything really, as Im genuinely asking what is it Klim and Franklin do?
Still against marketing getting paid we dont need to market yet imo
Klim will be doing cat herding and governance facilitation most likely, so I can finally pass the baton to someone and focus more on the research and dev work. He’s been really active and really helpful on the forum. One of his most notable contributions to Yearn is Dune dashboards, which also need updating.
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It’s great to see a diversity of opinion here and community members putting in the effort to get this right.
In my experience, the best results are achieved when a trusted leader is given the freedom to build a team and is simply measured against a set of objectively defined metrics.
Just for the sake of a rough early stage startup analogy, Andre/Artem/Klim would be the CEO/COO here, and should be empowered to build a team as they see fit without us micromanaging team assignments. The team then works to increase the fees going to governance stakers.
It doesn’t make sense to me to be nitpicking individual team member amounts. These are all effectively rounding errors when considering what has already been built and what yearn can possibly become with a motivated team running it.
Andre will be the de facto public face of yearn and is very likely swamped. So as a gesture, I would increase the amounts going to Artem/Klim by maybe 50% if they accept, to make it explicit that either one or both of them will be leading this team together with Andre.
Also I find it strange that Artem has been fully trusted so far to coordinate and deploy contracts that have gotten us to 1B TVL. But that his opinions about the capabilities of his execution team are being second guessed.
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Good points. Correction: Andre has been deploying the contracts, I’m merely a messenger. The devs being swamped is indeed a huge problem.
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twitter accounts as requested:
Artem (Ops): https://twitter.com/bantg
Klim (Klim): https://twitter.com/milkyklim
Tracheopteryx (Docs/Ops): https://twitter.com/tracheopteryx
Franklin (Docs/Ops): https://twitter.com/DeFiGod1
Blue Kirby (Comms): https://twitter.com/learn2yearn
Andre (Dev00): https://twitter.com/AndreCronjeTech
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The compensation for Andre has been a stop-gap to help him cover some of his expenses and time, it is nowhere near his market rate or true contribution to the project. It is also somewhat of a formal benchmark, should anyone get paid more than Andre? He has repeatedly indicated he won’t take a salary. The other salaries go to compensating people who have been working behind the scenes and spending essentially all of their time on the project.
In an effort to both compensate people for the work they are doing, while also trying to use as much funds for critical parts of the protocol (gas costs, security, dev work, audits) we are trying to strike a balance between effectively bootstrapping the protocol and also covering expenses.
I imagine that in the future when we can get to a more stable place Andre and other key devs or anyone who is getting compensated below market will get a retroactive adjustment. Of course pending a governance approval.
At the end of the day I think people are going to have issues with some individuals not getting paid enough, and some getting paid too much. Definitely want to keep all options open, but at the same time it is very hard to quantify exactly all contributors and keep everyone happy. Many people are wearing multiple hats. It is a very much collaborative effort.
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I think putting someone on salary over offering bounties may not make sense. Im not saying it doesnt i just think its actually worth discussing approaches available and whats best for both parties.
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You make some great points and I agree 100%. Empowering the main team/leaders to make personnel decisions based on what they know they need more help with and what people have done so far seems like the right call to me
We are going to be formalizing a competitive bug bounty program for developers to help identify potential vulnerabilities. Most of the security expenses previously presented are for third-party auditors, or ones that are already working in-house.
Having both in-house full time auditors, third party auditors (on engagement basis), and an on-going, competitive bug bounty I think will be an optimal approach.
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thanks man! I appreciate you saying that
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I’m all for paying people for work!!!