Broadly supportive of this KIP.

As stated above, a mechanism to reduce the revenue fraction given certain market thresholds should also be part of this KIP.

As a general DAO thing, it would great to see contributor spend and deliveries made visible to the DAO as a standard practice. Is the backlog open for all to view for example? Apologies if this is already the case.

What is the market conditions change and klima is back to $100 or $1000? Or this proposal assumes that klima value won't go back up? If the is a possibility that the market conditions may change then I will like the proposal to include a value at which if klima reaches, the % of kilma directed towards the treasury will change.
In short I will prefer an adjustable inbuilt function where we determine the upper and lower limits based on different scenarios of market conditions

The DAO is filled with the most productive and thoughtful people I have ever seen in an organization! I support anything that will ensure proper compensation to these selfless individuals, many who actually volunteered before, during, and after Klima launched for several months to build every aspect of KlimaDAO without ever asking for compensation and who didn't receive any compensation until December 2021. One of the biggest indicators of success for an organization is long-term high retention rate of active contributors, so let's ensure we really take care of our DAO contributors so all these rockstars stay put here. Additionally, this may help make space for more amazing talented individuals to join the Klima team, allowing quicker impact, scaling and growth of the our community, treasury, and the DAO.

For context, Olympus does 1 OHM for 1 KLIMA minted for the DAO

This should read

For context, Olympus does 1 OHM for 1 OHM minted for the DAO

Trim the fat. Adopt and increase to 20% increase. Reduce Bonding capacity by half. I don't believe every single one in the DAO is doing major contributions. 83 people is too many. Pretty sure only 20% of the people here are doing the heavy work. The rest are simply there to fleece the DAO or work to leverage and get liquidated.

    Equity based compensation is based on a persons belief in and expectation of future value/price isn’t it? I’m not sure how I feel about adjusting equity compensation based on current price/value.

    I do understand people may need a basic level of “fiat” comp. Can we structure compensation to have one part stable and one part KLIMA in that case?

    Do we collect USDC from the protocols USDC/KLIMA LP?

    This KIP-10 should only be accepted if we reduce the bonding capacity. Otherwise it will further dilute stakers and i am not into that.

    Regarding OHM minting 1:1 , they had 80% dilution in 7months while we have 50% in 3.5 months with 0.1 KLIMA minted for DAO and the only logical explanation to that is - questionable bond capacity.

    As a contributor I would support this (I am also obviously biased), but more importantly, as an investor, I would also like to see this being flexible on the downside and allowing the DAO take to go back to 10% if/when things improve. Hence I'd like to see a clearer methodology and strategy with milestones.

      At this early stage of KlimaDAO's existence, recruiting and retaining top-tier talent should be one of the highest priorities. If we are not able to properly compensate our contributors, development will suffer and put KlimaDAO at a marked disadvantage when we can least afford it. Amending to 30% to fund DAO finances is the minimum that should be done. As the KIP notes, OlympusDAO does 100%.

      I'd like to caution against casting aspersions against the Klimadao contributors. I contribute in several departments and am continually impressed with the surplus of talent and lack of ego I see there. I have seen nothing that makes me think any of them are trying to game allocations. Those who know me know that I would speak my mind if that was the case.

      I will be voting For on this proposal to allow top-tier talent to build KlimaDAO into a world-class organization. We have the potential to be a game changer both in terms of carbon markets and in the nature of work, and this KIP is a necessary step to getting there.

      In general, how are the detergent leads tracking metrics like consistency or impact?

      In tough times, organizations that survive and eventually thrive are the ones that are able to tighten belts and push through challenges. I don't believe it wise to expand payroll at a time when market outlook is tough, we have been unable to secure new investor interest and have so far not shown much in the way of visible progress - same old website, same old talking points, very little in the way of concrete results. Based on observations current investors can barely keep up with bonding as it is. The hard work of contributors is extremely appreciated but this should be put on the back-burner until there are signs of progress that are visible to those that aren't able to see 'behind the scenes' on the contributor server. Speaking as someone with experience running an organization that profited in every single year of the more than 10+ in operation, this does not appear to be the ideal time to increase costs.

        All for fair compensation but I am strongly in favor of a vesting period would mitigate the potential selling pressure created by this.

        ShredTheGnar You say "so far not shown much in the way of visible progress" and I don't disagree, but have you considered this may be related to a lack of funding?

        I am helping to process applications for the DAO and can tell you we have a giant pool of talent just itching to pitch in.

        I think this next month, you'll really start seeing some of the hard work our existing contributors are putting in. And I think this is exactly the moment we need to bring on more talent and work harder. We have the first mover advantage for now, but ReFi is a rapidly evolving space with some heavily funded projects. Let's keep KlimaDAO in the lead.

            Could you include in the table above the department name? E.g. marketing department has 83 contributors with an avg allocation of $3,425 per contributor. Is there any special reason why the department name was excluded?

            Ultimately the DAO (us) want to understand the distribution of contributors across departments. Thank you.

              FluctusLux Agree, the Software Development department of TechInsights Inc. in Canada has 66 members excluding department leads and the department maintains 4 platforms that produce millions of CAD dollars to the company per year. Nonetheless, there is no point in the comparison between an IRL company and a DAO so use my comment merely as an example of how much inflated may sound 83 less than part-time contributors in one single department for a common person (me).

              In conclusion, I agree with the KIP, though I would enjoy having a more detailed description and efforts being made so far (or in progress) per department. Basic information.

              What do you think @json and @tigerlily ?

                ShredTheGnar In tough times, organizations that survive and eventually thrive are the ones that are able to tighten belts and push through challenges. I don't believe it wise to expand payroll at a time when market outlook is tough, we have been unable to secure new investor interest and have so far not shown much in the way of visible progress - same old website, same old talking points, very little in the way of concrete results.

                I agree here.

                sirthus I think this next month, you'll really start seeing some of the hard work our existing contributors are putting in.

                Then let us see those hard work first before expanding payroll capacity. Talk is cheap. Show results.

                That being said, I still agree to expanding the amount of KLIMA minted, up to 20%.

                    Joaquin It's 83 contributors across 7 departments, namely Engineering, Policy, Ops, Partnerships, Marketing, Creative and Community. From my understanding, it's meant to see it as a collective as a DAO rather than individual departments.

                        I think this is a good idea, as long we treat this as a temporary measure and we trend down to the 10% DAO fee as we grow larger.

                        KlimaDAO is very much akin to a startup right now, meaning we must expend capital in the short term to capture the majority of potential growth for the long term. I'm fine with going even higher.

                        for reference with dilution, since the amount in the DAO is uncirculated, it is unbacked until it is sent out of the DAO wallet (i.e it would be burnt first)

                        reikuman Thank you for the replay. I got confused with the table showing the # of contributors, the table displaying the compensation payments distributed in the last 4 months, right?

                        So 87 contributors across 7 departments are more or less 12 contributors per department. Good, now I can see clearly that the numbers are low and we should invest more in the contributors to secure Klima's goals. I support the initiative.