According to Youssef Amrani, AADAO General Manager (GM), he asserts that his base salary ($14.5K USDC per month), total possible compensation structure (base salary retention bonus performance bonus), and his proposed methodology for team and individual bonus allocations utilizing 100,000 ATOM (distributed as 70% performance, 20% retention, 10% StratComm) were all approved by governance through Proposal 865.
This claim can be heard in the provided audio from AADAO's August 30th Strategy Committee meeting.
However, the Oversight Committee strongly disagrees with Youssef's interpretation that the total possible compensation structure for himself and the team had been completely "approved" by governance.
A critical issue for Oversight is that the "Performance and Retention Bonus Protocol" document, which details the bonus distribution and usage, was not directly linked in the text of Proposal 865. Limited surveys conducted by me with voters and validators indicate that:
1. They voted in favor of the *potential* use of 100,000
$ATOM bonus pool, contingent on the team deserving bonuses.
2. They understood the use of the bonus was dependent on Key Performance Indicators (KPIs) shared with and approved by the community.
3. Many were unaware of the Performance & Retention Bonus Protocol document when voting in favor of the proposal.
To clarify what was actually approved by those who voted 'Yes' on Proposal 865, we are seeking community input on these critical questions:
1. Was it explicitly clear that the 100,000
$ATOM bonus allocation for "Performance and Retention Protocol" could be used to supplement monthly salaries?
2. Is it appropriate to use the bonus pool for contributor performance that merely "meets expectations," (average/unexceptional performance) or should it be reserved for performance that "exceeds expectations" or better?
3. Did you interpret a "YES" vote on Proposal 865 as approving all policies within linked documents, such as the "AADAO Performance and Retention Bonus Protocol"?
4. In your opinion, does passing a proposal implicitly ratify all linked documents and their contents, or should such ratifications be more explicit? Additionally, how do we determine if document linkage is sufficient, and where should these links be presented?
We urge community members to join us in the Forum and respond to these questions.
Your input is crucial in understanding the true scope of what was approved through Proposal 865.
For reference, the Performance and Retention Bonus Protocol can be found at the provided link:
docs.google.com/document/d/1…
Forum conversation:
forum.cosmos.network/t/aadao…
AADAO Historic Compensation & Bonus Distribution:
docs.google.com/spreadsheets…
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