[TEMP CHECK] TokenLogic Proposal

Governance
19

Hi Everyone,

Thank you for participating in the discussion. It is great to see many contributors commenting on the proposal.

Based upon the feedback above, we have amended our propsal to cater for the emergence of a potential RFP process in the future. To this end, we have made the following adjustment:

Upfront Transfer: 210,000 0 GHO
Stream: 140,000 350,000 GHO

This is a 60/40 0/100 split of upfront/streamed.

If the RFP process is to adopted our reward stream will be cancelled or amended in line with any future work scope. This provides the DAO with the following:

  • Maximum flexibility going forward
  • Avoids any delay to existing work scopes
  • Recognises our ongoing contribution to Aave

We welcome other contributors to the Aave ecosystem, and are happy to implement proposals put forward by other teams. We have invested time, funds and effort in developing the skills necessary to implement changes to Aave Protocol. We firmly believe all of the DAOs funds shall remain controlled by the DAO via the on-chain governance process wherever possible.

In response to some feedback, we can share the following details about the team supporting this proposal:

@DeFiJesus - Solidity Developer
@agentmak - Frontend Developer
@scottincrypto - Backend Developer
@Dydymoon - Strategist
@MatthewGraham - Strategist
Accounting Team (currently reviewing legal contracts)

We also intend to onboard an additional developer to provide more capacity and redundancy within the team. When fully resourced, the team will be around 4.5, or more, FTE. We also use a graphics designer to support the frontend design which is included in the FTE count due to its adhoc nature.

We intend to move forward with our proposal as we are actively contributing to the Aave Protocol, Safety Module modelling, Treasury Management and GHO adoption. We would like to highlight that we are flexible and will work to accommodate the outcome of any RFP process by way of amending the payment stream to reflect any progressions within the DAO.

The below highlights work that is live on various governance forums:

There were also a couple GHO specific integrations announced and there are others soon to be announced as well.

Due to recent personal changes within the Aave Community, TokenLogic is being added to many GHO discussions. TokenLogic is becoming the focal point for GHO integrations.

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