SCP-221: Tokenomics Workstream Renewal (Sept 1 to Dec 31, 2026)

SCP-221: Tokenomics Workstream Renewal (Sept 1 to Dec 31, 2026)

Summary

Renew the Tokenomics Workstream for four months, September 1 through December 31, 2026, with PTT staying on as Workstream Leader and DFC Leader.

The ask is $1,000/month in FOX for compensation and $500/month in FOX for DAO and tokenomics expenses, at roughly 3-5 hours per week. Still 100% FOX, still zero stablecoin burn.

Abstract

This proposal restructures the Tokenomics Workstream til the end of 2026 at 3-5 hours/week with 100% FOX compensation, creating maximum alignment between workstream leader success and DAO success.

The proposal maintains core Tokenomics functions across three pillars: Treasury Management (multisig coordination, dashboard maintenance, revenue recognition), Leadership & DAO Meetings (DFC leadership, weekly meetings, vote coordination, cross-workstream collaboration), and Tokenomics (data analytics, FOX data stewardship, partnership evaluation, modeling).

Motivation

The work has gotten smaller. DFC still needs a chair, multisig still needs someone driving execution, and revenue recognition still needs to happen on a cadence. Beyond that, most of what SCP-209 funded is done, paused, or no longer something the DAO is asking for. Research, modeling, partnership evaluation, and analytics build-out have all quieted down, and they should stay quiet until revenue supports them.

Workstream budgets renew on staggered timelines we all inherited, which makes it hard to see total committed spend at any one moment and make encompassing financial decisions as a DAO. A December 31 end date fixes that for Tokenomics. One four month bridge, then everyone is on the same calendar.

I’ve been contributing to the DAO since November 2021 and have worked with every workstream. My background is in finance and accounting, and my position hasn’t changed: the DAO should be cost basis driven and working toward revenue positive, including maintenance mode stewardship if revenue doesn’t improve.

Specification

Term: September 1, 2026 through December 31, 2026 (4 months). Anything past that needs a new proposal, reviewed alongside all other workstream budgets.

Sheets Link: tokenomics budget, Google Sheets

This is an 83% reduction from the previous approved budget.

Time Commitment

Average 3-5 hours per week, down from estimated 20 under SCP-209.

  • DFC and DFC-related items, 2-3 hrs/week: running DFC meetings, agendas, minutes, action item tracking, multisig coordination and execution follow-through, revenue recognition coordination

  • Leadership and required DAO meetings, 1-2 hrs/week: leadership meetings, required governance participation, cross-workstream coordination on DFC or treasury matters

These are averages and will move inside the 3-5 range depending on multisig volume and the governance calendar. This isn’t a projection. It’s what the last few months have actually looked like.

KPIs

  1. Multisig Execution. Communication and follow-up to multisig within 24 hours of a DFC-approved vote, with the transaction started and finished within 7 days of that notification.

  2. DFC Leadership. Weekly DFC meetings held and recorded, async during holidays. Agendas and minutes published, action items tracked to closure.

  3. Revenue Recognition. Collect and convert at least 50% of monthly revenue from protocol EOAs into stables or blue chips, pushing past that where possible. Reported monthly. This is up from the 30% as we have most of this already.

Scope

Staying: DFC leadership and meeting coordination, multisig operations and execution, revenue recognition and conversion, required leadership and governance meetings, treasury continuity.

Scaled back: dashboards and analytics (only as needed for DFC reporting, no new build-out), FOX data on CoinGecko and CMC (corrected as needed, not proactively monitored), cross-workstream 1:1s (as needed, not standing).

Benefits

  • Budget cycle alignment. Everyone renews together in January 2027, so the DAO gets one consolidated view of spend.

  • 83% lower monthly ask. From $9,000/month down to up to $1,500/month.

  • Track record of underspending. About $31,000 actual against roughly $55,000 authorized over the last six months.

  • Still zero stablecoin burn. 100% FOX keeps the runway intact.

  • No transition risk. Same person, same seat, already operating at the reduced level.

  • Short commitment. Four months, so the DAO isn’t locked into anything.

Drawbacks

  • Real capacity loss. At 3-5 hours a week, research, modeling, partnership evaluation, and analytics build-out don’t happen. If the DAO wants any of that before 2027, it needs to be funded separately.

  • Slower data stewardship. FOX supply and tokenomics data on external platforms gets fixed reactively instead of watched proactively.

  • No standalone quarterly check-in. Sustainability reporting rolls into DFC reporting for this window.

  • Another vote in January. That’s the tradeoff for getting everyone on the same cycle.

Vote

For: Approve the four month Tokenomics Workstream renewal (September 1 through December 31, 2026) with PTT as Workstream Leader and DFC Leader, at $1,000/month in FOX compensation and $500/month in FOX for workstream expenses, and align the Tokenomics budget cycle to the calendar year for 2027.

Against: Do not renew the Tokenomics Workstream for the September through December 2026 term.}

For with Changes: Please comment thoughts on forum post.

1 Like

Thanks for proposing the renewal, I’m in support of it.

I understand the desire/necessity of reducing the spend but are you sure that the coordination of bigger changes like the RFOX migration to Ethereum will be possible with this reduced number of hours? Wouldn’t it be better to plan a larger margin and reduce it dynamically as you’ve done in this previous term? To give you more flexibility and allow for imponderables.

@PTT Actually I hadn’t noticed but both Ideation for SCP-219 and this SCP-221 have been set for a 5 days vote when Ideation is supposed to be minimum 7 days:

Really sorry that I didn’t notice it sooner for SCP-219… I guess considering the non-existant opposition we should carry on with the Final vote anyway (you gave 2 more days than the minimum for the Final vote too :sweat_smile: I guess you’ve mixed the durations between Ideation and Final votes)

But maybe SCP-221’s Ideation vote could be reposted with the proper voting period?

the first one was done for 3 days, then i mentioned the 5day, and it was redone for 5 ( 7 total)

i think during …gov? or dfc it was talked about.

dfc i think.

hehe

I try to keep up with it too.

i think we could set a minimum on the snapshot. (but if we did i think its locked to the total?)

i forget now