We believe that we need a handful of people to make a full-time commitment to Krause House to rapidly achieve our mission. This was outlined in the original Mirror post & has been strongly advised to us by advisors + peers from popular DAOs. The intention is to ensure we have a core group of contributors with high context, talent, & responsibility for the success of Krause House. A core function of these full-time contributors will be to spin up & scale fundamental systems within Krause House with the intention of establishing long-term decentralized systems. Any full time contributor is not only beholden to their fellow full-time contributors, but the broader community at any time as well.
Set aside a monthly budget of $42,501 USDC + 17,500 $KRAUSE to fund an initial set of full-time contributors. Budgets and responsibilities for each contributor are outlined below, and will be paid monthly, starting immediately after proposal passing. Contributors can be fired at any point by the DAO through proposal, at which point future payments will cease.
Members of this team must retain 100% of their existing $KRAUSE balances for 2 years or until no longer being compensated as a full-time contributor.
Monthly
| Name | Style | $USDC | $KRAUSE |
|---|---|---|---|
| Commodore | Fixed | 16,667 | 0 |
| Flex Chapman | Fixed | 16,667 | 0 |
| Mario Lopes | Fixed | 9,167 | 7,500 |
| Eli | Hybrid / Dynamic | 0 | 10,000 |
| Total | 42,501 | 17,500 |
Krause House is scaling rapidly. Bounties & project compensation works well for certain types of work, but does not fit as well with things like operations or emergent opportunities / problems. Additionally, managing bounties and less active contributors is a significant resource spend. Having a set of full-time contributors insures the DAO against stagnation, and allows for a much richer level of commitment and context. Additionally, now that the treasury has a material amount of funds, continuity and stability over a longer time horizon is an important component of our ability to achieve our mission. We’ve consulted with our most trusted advisors & the group is unanimous in wanting a core full-time team pursuing the mission of Krause House.
This list of contributors consists of X highly active contributors, 2 of which (Flex Chapman and Commodore) summoned the DAO. The 2 others (Mario Lopes and eli_) began contributing to Krause House in July without pay and have taken it upon themselves to build and maintain core systems of onboarding and governance design. Throughout this time, this team participated in Seed Club and led the launch of Krause House’s crowdfund. These Jerry’s have defined and demonstrated consistent alignment with Krause House’s core values.
We propose 4 months (effectively 2 seasons) to give us enough time to deliver against large milestones and also some stability with our work lives. We think it’s important for the community to have the option to cancel this arrangement quickly in the event it’s not working for Krause House. The community at any time can issue a proposal to remove one or all from the team. Assuming this arrangement is working well for the community, the intention will be to renew this arrangement.
Each full-time contributor can decide between 2 compensation structures:
Fixed
Paid at an agreed upon salary amount in a stablecoin. The salary amount will be generally market rate. The full-time contributor cannot earn additional compensation by participating in projects within Krause House.
Hybrid / Dynamic
A base salary (50% of market) would be paid in a stablecoin. The full-time contributor would be able to participate in compensation within other projects that are approved by the community via Snapshot.
Each of these contributors is required to hold their entire existing $KRAUSE balance in order to receive payment. Payments will be made monthly. In order to be eligible for the payment, the recipient's wallet address must still be holding the required amount of tokens to meet the obligation of 100% existing $KRAUSE tokens are being held. To be specific, “existing $KRAUSE” is defined as the quantity the team member received from the KH Community Airdrop allocation. To be extra clear, if the team member is earning $KRAUSE as part of their monthly compensation — those tokens_are not_ subjected to being locked. In the event a team member is removed from the team, their tokens are fully unlocked effective immediately.
This compensation structure is meant to be an experiment that we’ll continue to assess & improve over time.
This team will hold a monthly review with the Stewardship Team to make sure the workflows are being successfully delivered against.
Below, we’ll outline our current best understanding of the systems we’ll be spinning up & operating during this time period. Over time, we’ll continue to modify these systems & the ways to track success for each. In the event the community has any issue with how the systems are being managed or tracked, the community can bring forth a proposal to remove the member from responsibility of the system and/or reducing their compensation.
Overview
Provide leadership & continuity for Krause House DAO by working to build scalable systems & processes for the “infrastructure” of KH’s operations.
Systems to be scoped & scaled:
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DAO Operations
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Communications
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Legal
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Finance
- Accounting
- Payroll / Payments
- Vendor Relations
- Multi-Sig Signer
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Governance Structure
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Knowledge
- Sharing
- Gathering
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DAO Operations (Responsibility)
Goal: Engage materially important issues & opportunities that arise for the DAO on all known + unknown fronts.
System Development
- Develop a process to delegate emergent problems & opportunities to teams / individuals that are best suited to handle on a case-by-case basis.
DAO Operations (Communications)
Goal: Keeping Krause House ticket holders informed.
System Development
- Develop a process for who, what, when, & how weekly communications are delivered.
- Accountability process for ensuring the communications are delivered.
- Develop a process for who, what, & how Season Kick-Offs are delivered.
- Accountability process for ensuring Season Kick-Offs are delivered.
DAO Operations (Legal)
Goal: Krause House’s legal strategy is well understood & executed where appropriate.
System Development
- Develop a process to determine who should be involved with legal discussions.
- Develop a process for communicating legal strategy, risk, & changes to the community.
- Develop a process to share knowledge from a legal team to relevant teams.
DAO Operations (Finances)
Goal: All financial obligations are managed & executed.
System Development
- Develop a process to track financial obligations & expenditures.
- Develop a system to provide error free payment handling.
- Develop a process for accounting and/or tax obligations.
DAO Operations (Escalated Support)
Goal: Take care of anyone in a situation requiring a material cost to the DAO.
System Development
- Develop a process for escalated support issues touching NFTs, tokens, or lost ETH.
- Develop a transparent & efficient process to resolve these issues in a satisfactory way for the DAO.
Flex
Key Responsibilities:
Provide leadership & continuity for Krause House DAO by achieving quality growth
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DAO Operations
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Communications
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Finance
- Treasury Diversification
- Vendor Relations
- Multi-sig Signer
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Product and Services
- DAO Tooling
- OSS
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Growth
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Partnerships
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Multimedia
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Community Development
- AMAs
- Live Shows
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Knowledge
- Sharing
- Gathering
- Educational Resources
DAO Operations (Responsibility)
Goal: Engage materially important issues & opportunities that arise for the DAO on all known + unknown fronts.
System Development
- Develop a process to delegate emergent problems & opportunities to teams / individuals that are best suited to handle on a case-by-case basis.
DAO Operations (Communications)
Goal: Keeping Krause House ticket holders informed.
System Development
- Develop a process for keeping community members informed on current projects and initiatives
- Accountability process for ensuring those communications are delivered
DAO Product and Services
Goal: Help develop digital product strategy for Krause House and it’s interdependent SubDAOs.
System Development
- Develop a process for assembling and managing product teams
- Develop a process for determining a digital product strategy with team leads
- Develop a process of researching, creating, and testing how each part of a sports team can be decentralized.
DAO Growth
Goal: Facilitate growth opportunities that will further awareness and legitimacy for The Krause House
System Development
- Develop a process to build and retain relationships with current and prospective partners
- Develop a process to enable cross-DAO synergies with prominent or value-aligned DAOs
mario lopes
Overview:
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Provide community leadership and provide continuity for the Krause House DAO by working to build a scalable community and brand.
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DAO Operations
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Communications
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Finance
- Treasury Diversification
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Project Management
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Knowledge
- Sharing
- Gathering
- Educational Resources
- Onboarding web3 natives and new-to-web3
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Growth
- Partnerships
- Multimedia
- Marketing
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Community
- Onboarding
- Podcast
- Newsletter
- Digital & IRL Social Events
Systems & Performance
DAO Treasury
Goal: Help build a mix of treasury diversification and treasury activities that enable the treasury to withstand a bear market while still providing growth opportunities.
System Development:
- Develop treasury building strategies through DAO owned liquidity (via Olympus Pro).
- Develop a line of DAO treasury building services such as DAO2DAO tooling, DAO onboarding services & consulting for relevant KH JVs.
DAO Community
Goal: Foster and grow the Krause House DAO community and keep the community engaged.
System Development:
- Develop a process that allows all levels of member interests & skill sets to contribute to the DAO and help maximize DAO intelligence.
- Develop a process that helps keep the community engaged and informed on a weekly basis.
- Develop a system that allows the DAO to recruit talent to fill knowledge and execution gaps.
- Develop a process that allows the DAO to maximize it’s basketball intelligence.
DAO Partnerships
Goal: Facilitate partnership opportunities that will lead to wider brand awareness and legitimacy for The Krause House
System Development:
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Develop a system for the DAO to track, follow up, and close, inbound and outbound leads that are inline with the DAO partnerships roadmap.
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Develop a process that enable cross-DAO synergies with prominent or value-aligned DAOs.
DAO Marketing (Communications)
Goal: Help keep the general public informed and grow awareness of the Krause House brand.
System Development:
- Develop a system for managing the Krause House Discord, Twitter and Instagram accounts and marketing externally.
- Develop a system for marketing events and opportunities internally within the DAO.
- Develop a process for assembling and managing marketing teams
eli_
Key System Responsibilities:
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DAO Infrastructure Systems/Product Design
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Help design/facilitate development of smart-contract infrastructure where needed. This could include new compensation and governance primitives (i.e. commitment staking / decentralized vesting), auction mechanisms for more social entry into Krause House, subDAO infrastructure required for placing team bids.
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Design and PM dashboards for fan owners to participate in governance of their team.
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Host a DAO / mechanism design study group to draw inspiration from the other engineers and DAOs in the space. Ongoing prototyping of new smart contract primitives.
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Host Open Sessions with the rest of the DAO to share updates, gather feedback, and ensure alignment with the community as a whole.
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PM Discord bots to serve Krause House’s Discord experience and connect it to our token / NFT experiences (like governance).
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Recruit a core technical team (~2 Solidity, ~2 Frontend, ~2 Designers)
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Maintain a research / ideation repository.
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Lead cross-chain / L2 strategy.
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Governance Systems
- Lead Governance 2.0 (constrained delegation) systems design and implementation with Commodore.
- Ensure the community understands current governance structures, and that governance fits the needs/desires/priorities of the community.
- Stay up to date on ecosystem governance experiments to inform our decision making.
- Design governance systems for subDAOs that will own/operate our franchises, as well as the relationship between these subDAOs and Krause House itself.
- Iterate on governance UX for best in class governance experience and accessibility, iteratively increasing accessibility towards less web3-friendly folks.
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General Stewardship / Admin
- Diverse admin duties where and when they are needed, such as multisig management, hosting town halls, and pushing forward strategy and new initiatives.
- Safeguard our vibe and ensure all systems, processes, and decisions reflect our core values.
- Recruit talent that can advance the interests of Krause House and help newcomers push new initiatives forward.
- Generally advance the interests of the community across organization as a whole / informal cultural leadership.
- Generally, whatever it takes to make Krause House elite…WAGBAT.