Hey all -
I want to communicate a general concern I have, sorta a theme that applies to multiple workstream proposals that I’m watching unfold.
It “feels” that budgets for some of these workstreams are substantially too high. They are generally coming in as expensive or more expensive than formal departments currently cost at ShapeShift (sometimes with additional roles/salaries that ShapeShift doesn’t even have today). I understand why this is happening, but I’d like to influence us toward more conservative numbers.
On an optics level, I would recommend to workstream leaders that you undershoot costs in your early proposals, and overdeliver. Show your work at clearly good bargain prices. All of you as ShapeShift employees received large token grants paying out to you monthly. If you’re also adding a full time salary at your current level or higher, it is not a good look. I just need to express that.
On a more important level - you all are owners of this project now, and I want to encourage you to think and act like owners. Your best chance at financial success is the strength of the DAO. The higher the salaries for workstreams, the lower the success of the DAO. This tension is real and needs to be weighed carefully. It’s the tension that every entrepreneur feels, but most employees never understand.
You’re all entrepreneurs now. If you’re optimizing for short-term salary today, you are doing it wrong.
As a steward of this project into its decentralized form, I will be imposing financial discipline through my voting. I hope others join me in this. If a proposal feels rich, I’m going to vote against it.
Everyone involved in this project should be looking for ways to cut costs generally and be efficient with resources. These are YOUR resources, and the resources of the community around you. Let’s build a culture of thrift, because the payout of us succeeding long term with this is vastly more important than marginal comfort today.
For those proposing workstreams which can be considered expensive, please consider significant reductions in costs and consider proving your value to the community before asking for financial comfort. You all are entrepreneurs now, so figuring this out is your responsibility and burden.
Of course, I’m not the CEO of the DAO. I’m but one participant, and I’m always open to debate and differences of opinion. It feels weird airing these comments in a public forum, but that’s what this is now, and we’re all learning how to DAO well
Thank you for hearing me out fellow foxes.