Proposal “DCG-COMP-JAN-MAR24“ (Completed)Back
| Title: | Dash Core Group Compensation January - March |
| Owner: | quantumexplorer |
| Monthly amount: | 5112 DASH (158213 USD) |
| Completed payments: | 3 totaling in 15336 DASH (0 month remaining) |
| Payment start/end: | 2023-12-10 / 2024-03-09 (added on 2023-12-10) |
| Votes: | 593 Yes / 53 No / 2 Abstain |
Proposal description
Dash Core Group December 26th Funding Proposals
DCG is submitting 2 funding proposals for the budget cycle that pays out December 26th:
1) DCG Compensation: 5,112 Dash per month (currently in month 1/3)
2) DCG Supplemental proposal: TBD on amount.
What does this specific proposal fund?
This proposal funds Dash Core Group's ongoing compensation costs - including all developers, administrative, and support staff. This is a multi-month proposal that will cover compensation for January through March 2023.
What is the proposal funding?
As of December 1st, 2023, DCG has 20 paid staff at full time/close to full time associated with the project and 4 part time contributors. In addition, we have 3 volunteers who have decided to work for no compensation and 2 people who has decided to work at minimal compensation. The amount of developers we currently have is given below.
We estimate that our projected run-rate for December will be around $121,000. With this current compensation proposal, we are asking for total funding of $178,906 per month. If this proposal passes we will be receiving more than our base run rate for the first time in the last year.
How will DCG use funds that surpass the projected run rate?
DCG's reserves were effectively empty as of December. The situation leading up to the doubling of the treasury was a difficult time with many contributors deferring part of their compensation for November. The current immediate goal is to make these people whole. Our next goals are to build up a little buffer again and to hire for any critical roles. Currently the only critical hire is 1 infrastructure engineer.
What does DCG's current structure look like?
DCG has evolved to primarily be a tech focused organization that can be grouped into 2 main parts, technology and technology support.
Technology:
Core (no change):
Communication / Business Development / Marketing:
If you have any questions, please direct them to @quantumexplorer at dashcentral to ensure we are notified of your request.
Requested funding is as follows for the January through February budget cycles:
DCG is submitting 2 funding proposals for the budget cycle that pays out December 26th:
1) DCG Compensation: 5,112 Dash per month (currently in month 1/3)
2) DCG Supplemental proposal: TBD on amount.
What does this specific proposal fund?
This proposal funds Dash Core Group's ongoing compensation costs - including all developers, administrative, and support staff. This is a multi-month proposal that will cover compensation for January through March 2023.
What is the proposal funding?
As of December 1st, 2023, DCG has 20 paid staff at full time/close to full time associated with the project and 4 part time contributors. In addition, we have 3 volunteers who have decided to work for no compensation and 2 people who has decided to work at minimal compensation. The amount of developers we currently have is given below.
We estimate that our projected run-rate for December will be around $121,000. With this current compensation proposal, we are asking for total funding of $178,906 per month. If this proposal passes we will be receiving more than our base run rate for the first time in the last year.
How will DCG use funds that surpass the projected run rate?
DCG's reserves were effectively empty as of December. The situation leading up to the doubling of the treasury was a difficult time with many contributors deferring part of their compensation for November. The current immediate goal is to make these people whole. Our next goals are to build up a little buffer again and to hire for any critical roles. Currently the only critical hire is 1 infrastructure engineer.
What does DCG's current structure look like?
DCG has evolved to primarily be a tech focused organization that can be grouped into 2 main parts, technology and technology support.
Technology:
- CTO Samuel Westrich - quantumexplorer (making this proposal)
Core (no change):
- Lead C++ Software Engineer
- Lead C++ Software Engineer
- Senior C++ Software Engineer
- Senior C++ Software Engineer
- C++ Software Engineer (on leave till January)
- Lead Android Software Engineer and Principal Developer
- Sr. Android Software Engineer
- Android Software Engineer (Part time)
- Sr. iOS Software Engineer
- Sr. iOS Software Engineer
- Sr. Go Software Engineer
- Lead Rust/JS Software Engineer
- Senior Rust Software Engineer
- Rust/JS Software Engineer
- Rust Software Engineer
- Rust Software Engineer (at half time till Platform release)
- Sr. Rust/JS Software Engineer
- Lead Tech Research Engineer
- Tech Research Engineer
Communication / Business Development / Marketing:
- Head of Business Development / Marketing
- Communication Officer
- Business Development Manager
- Business Development Manager (very part time (1h/week) )
- Lead Technical Content Developer
- Technical Content Developer
- HR Specialist
- Lead Infrastructure Engineer (we will be looking for a replacement in January)
- Infrastructure Engineer
- Lead SM / Project Manager
- SM / Project Manager (part time)
- Head of Product
- QA Engineer
- Lead Support Engineer
- Support Engineer
- Web Developer
If you have any questions, please direct them to @quantumexplorer at dashcentral to ensure we are notified of your request.
Requested funding is as follows for the January through February budget cycles:
- 5,111.66 Dash for core team compensation per month ($178,906 USD @ $35.00 per Dash)
- 0.33 Dash / per month proposal reimbursement
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Discussion: Should we fund this proposal?
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Investors are exhausted and waiting for profit!
The indicator of your work is the capitalization and price of DASH.
> The indicator of your work is the capitalization and price of DASH.
Which is demonstrably false, eg $PEPE, $BONK, $SILLY and many others, this space simply does not value hard work, instead it is a semi-legal casino where people try to make that 1000x return, though most lose everything trying.
How much on core dev?
How much on platform dev?
How much on support?
CORE (5 persons) 25% - 1278 Dash/month - 255 Dash(or 8415 USD) average monthly salary per person
PLATFORM (7 persons) 33% - 1687 Dash/month - 241 Dash(or 7953 USD) average monthly salary per person
MOBILE (4 persons) 22% - 1124 Dash/month - 281 Dash(or 9273 USD) average monthly salary per person
SUPPORT (14 persons) 20% - 1022 Dash/month - 73 Dash(or 2409 USD) average monthly salary per person
So is the above correct?
Also you are dividing 5,112 Dash between these people when I said: "We estimate that our projected run-rate for December will be around $121,000. With this current compensation proposal, we are asking for total funding of $178,906 per month."
Average dev compensation is very roughly equal between teams. I do not make more than senior devs either.
Could you please post the table of the accurate calculation, similar to the above table.
Or even better, a table like this:
https://www.dash.org/forum/index.php?threads/dcg-q4-2022-financial-statements.53533/#post-237283
Over the past few months in particular, the teams at DCG have been tremendously generous and dedicated by deferring and taking reduced pay; they need to be made whole.
DCG IS NOT A PRIVATE COMPANY!!!
IT IS A DASH PUBLIC SECTOR COMPANY, THUS ALL SALARIES SHOULD BE DISCLOSED!!!!
And don’t start anything else, but direct all the money to marketing and powerful advertising.
You vampires have sucked up the entire budget and will endlessly demand money
for meaningless developments that do not attract new investors.
Investors are very upset that the constantly empty treasury negatively affects the value of DASH
and there is nothing to run powerful advertising on!
Get the number of coins at the rate of $1000 per 1 DASH, that's fair!
You claim $156,666 and receive 156.66 DASH !!!
Maybe then you will start to think about the state of the treasury and the global and professional advertising of DASH, which will cause a commensurate increase in price.
1) Every month 157189 USD from the budget ?
2) How will your work affect the price of DASH coin ?
That is disappointing to see.
How close to completion is that update ?
Will v20.1 activate the Platform features or will activation of Platform features get postponed to v21 ?
Untill i get a more clear picture of the status and substance of Dash Core v20.1, i will vote option 'abstain'.
https://www.youtube.com/watch?v=_7-XT-d5vEo&t=1926s
timestamp 30:13 - 31:18
mn_rr feature now looks to be placed somewhere between v20.1.x and v21
and yet does not seem to be specifically a part of v20.1.x