Based on feedback here are proposed updates for Working Groups v1.1
- Working Group Leaders are responsible for determining compensation of their contributors. This will begin with a run through alongside the Funding Council for at least the first month.
- Working Group Leaders can choose their own stipend to be INDEX denominated
- Working Group Leaders will include a rough budget (USD denominated, no change here) for contributors during the period of their WG. This is to provide guidance to help the Funding Council budget for the quarter, and will not act as a limit per se.
Most aspects about WG’s will not change. One specific “no change” to call out
- The Funding Council (fka the Treasury Committee) will remain responsible for distributing payment on a monthly basis.
Here are some things we are already working on and are not structural changes
- Improving the process of collecting contributor addresses and contributions
- Involving Working Group leads prior to compensation distribution
Next steps
- Receive feedback and iterate if needed
- Harden into a true/standalone “Working Group v1.1” forum post
A final note
- A future iteration could enable Working Group core contributors to choose their stipend as INDEX denominated.
- Such an iteration is not part proposed changes for v1.1 as it adds non-trivial complexity that will take more time to sort out. Working Groups expire at the end of the month, so time is of the essence.