While I do not know the final equilibrium, the drafts I have seen of proposed delegate compensation detail a fair maximum compensation (~48,000/year maximum) – but less than I would like to have for my efforts.
Rather than try to shape the total delegate compensation process to fit my own needs and idiosyncratic involvement with Maker, I will instead try to return for one-time supplemental compensation when both I and the community feel I have delivered value to the DAO.
I am requesting a one-time lump sum of 50,000 DAI outside of any delegate compensation that may or may not be forthcoming in the future. Payment should be made to the same address I use for SourceCred.
10,000 DAI earmarked to be the retainer for legal counsel. This is the amount quoted to me by several high-quality law firms, and I have a specific firm selected, if they will accept me as a client and still have no conflicting current clients.
20,000 DAI earmarked to purchase MKR on the open market within 7 days of receipt. Field Technologies, Inc (my company, and the owner of the delegation contract and through which I conduct all MakerDAO activities) holds less than 5 MKR. I hold no crypto assets outside of Field Technologies, Inc.
2500 DAI earmarked for taxes on the 20,000 DAI to purchase MKR. My effective tax rate is typically around 13%.
17,500 DAI as supplemental income to (partially) offset forgone income from less time spent as a cultural resources consultant (archaeology).
This is a proposed one-time, non-recurring payment. It is, however, my intention to return from time to time (perhaps annually or semi-annually) to see if the DAO believes my activities deserve additional compensation. This periodic revisiting of past performance also seems more appropriate than a forward-looking schedule, as I am neither an employee of the DAO nor guaranteed to maintain this position. It is not in lieu of any other form of compensation allocated by the DAO.
Address for DAI: 0xBde950A3588C680fee26A7cFC7A34aE97EB45B8C
I feel I have delivered value to Maker above and beyond what is reflected in my SourceCred, and have a clear path to continue to do so. Also, the first item is a fairly urgent need for me to continue to participate in this space. I have invested deeply in MakerDAO, and hope that MakerDAO can, in turn, modestly invest in me.
This poll will close in two weeks.