I just read a short article about Andre on Decrypt (https://decrypt.co/37995/exclusive-yfi-andre-cronje-broke-quitting-defi)and it breaks my heart to read that Andre, his hard work enabled this amazing project, doesn’t feel appreciated and is broke. I know we are working on a new economic model that includes funds and compensation for Andre and that’s great. But in the meantime let’s show our love and appreciation for Andre by donating 1% of our YFI holdings to him. Considering the amount of money most people made I don’t think this is a lot to ask.
It accomplishes two things: 1. Andre gets his first payday. 2. By voluntary giving up a piece of our share, we show Andre we care and appreciate his hard work.
I know this is a crazy proposal and I don’t know what’s the best way to approach this…but Andre if you read this, tell me how you’d like to receive it and I will gladly send 1% of my YFI to you.
It does seem a bit silly to rush through something for Andre when inflation was put off due to wanting further time for research. I would be happy to contribute personally and I am sure as a community we could raise enough to help solve these problems without resorting to a rushed change in the protocol.
Also I presume decrypt is a reliable source here but I didn’t see anything to back it up on twitter. Am I missing a something?
A one time donation is noble; however, I’d like to really think about a longer-term solution as well.
^ This post, written by Andre, talked about having operational expenses paid out of system rewards. I support this 100%.
I also think we should think about paying Andre a percentage of these rewards as a salary or bonus moving forward, for as long as he is gainfully working as a developer on the effort. This would align our interests as token holders with his.
If that percentage is not enough early on, we can vote to offer an additional subsidy until it gets to a palatable and sustainable level.