BlackPool keeps growing on all fronts: TVL, number of verticals, contributor head count
Operational costs … and like any successful project, the DAO has regular expenses to maintain itself.
To ensure transparency, at the end of each quarter the DAO publishes the planned expenditure for the following quarter. This proposal outlines in detail the estimated DAO costs for Q3 2022.
Send funds from the Treasury Multisig to pay for the DAO expenses for July/August/September : Infrastructure, Admin & Tooling, Travel Expenses, Dev/Tech compensation and Contributor rewards.
This proposal seeks approval for the DAO expenses for Q3 2022. Below are added the expected expenditure for the third quarter.
|BlackPool DAO||07/2022||08/2022||09/2022||Q3 costs||Reserve||Budget Q3|
|Hosting (+10% reserve)||13,845||13,845||13,845||41,535||4,154||45,689|
|Dev/Tech compensation (+10% reserve)||13,953||13,953||13,953||41,860||41,860|
|Travel expenses (+10% reserve)||3,900||3,900||3,900||11,700||1,170||12,870|
|Admin (+10% reserve)||8,627||8,627||8,627||25,880||2,588||28,468|
|Tooling (+10% reserve)||7,508||7,508||7,508||22,523||2,252||24,775|
|Subtotal mainnet expenses||47,833||47,833||47,833||143,498||10,164||153,661|
|Contributors (+ 25% reserve)||90,963||90,963||90,963||272,889||68,222||341,111|
|Subtotal Polygon expenses||90,963||90,963||90,963||272,889||68,222||341,111|
|Total BlackPool DAO Q3 expenses*||138,796||138,796||138,796||416,387||78,386||494,773|
Figures in USDC for Mainnet and sdam3CRV* for Polygon*
*** 1 sdam3CRV is worth 1.13 USDC at the time of writing*
IT & Tech Infrastructure:
All IT & Tech infrastructure will be provided as a service by an external partner focused on Administration and maintaining.E.g: AWS, Vercel, Github, and other tools and services needed by the DAO. Thus, this section includes: admin costs, tooling costs and server infrastructure. For all the previous item costs mentioned the budget required is 89,939.00 USDC/Quarter.
Servers infrastructure estimated cost: 13,845 USDC/month
Reserve (10%): 1,385.00 USDC/Quarter
Admin costs: 8,627 USDC/month
Reserve (10%): 863.00 USDC/Month
Tooling costs: 7,508 USDC/month
Reserve (10%): 750.00 USDC/Month
In the third quarter, the DAO will reward various developers and techs working currently on monitoring and improving BlackPool’s products. A compensation of 13,953.00 USDC/month is planned for these contributors.
Total Dev/Tech compensation Q3 budget: 41,860.00 USDC.
In order to promote the DAO, establish and maintain partnerships, business trips are planned in Q3, the expenses allocated to these travels are 11,700.00/Quarter .
- Travel expenses estimated: 3,900.00/month
- Reserve in case of additional fees (10%): 390.00 USDC/month
Total travel expenses Q3 budget: 12,870.00 USDC/Quarter.
The contributors rewards are estimated to 272,889.00 sdam3CRV/Quarter for their work:
- Contributors rewards estimated cost: 90,963 sdam3CRV/month
- Reserve 25% in case of new hires: 22,741 sdam3CRV/month
Total contributors Q3 budget : 341,111 sdam3CRV
DAO estimated cost for Q3 2022: 143,498.00 USDC + 272,889.00 sdam3CRV
Reserve for Q3 2022: 10,164 USDC + 68,222 sdam3CRV
Total DAO estimated cost for Q3 2022 : 153,661 USDC + 341,111 sdam3CRV
- Yes, accept the DAO expenses
- No, reject the DAO expenses