PROPOSED: IIP-134: Index Coop Retrospective Airdrop

[StepvhenH]

I’ll be voting against this proposal as written and in this timeframe.

I am voting against this proposal primarily based on the short, and IMO incomplete discussion around this topic. I do not want to make, what I would consider to be, a snap decision on the subject and @edwardk 's argument concerning the future runway of the treasury and his experience with startups is a compelling issue in my view.

However, I cannot overstate how similar in feeling I align with @allan.g and @MrMadila in posts above concerning the perception of incomplete implementation of the original Index 2.0 compensation and community ownership effort. To Allan’s point above, one of the goals laid out in the Community Ownership | DSM post was to eliminate an “in” or “out” dynamic but it feels we have simply increased the in element from 5 to 25:

We have seen the tension created by an “in” or “out” dynamic with full time compensation packages as the only real path to contributor ownership. We must look to promote community ownership in a scalable way that does not create further disharmony.

I can’t put my thoughts into a more well written statement than Allan so I will simply lean on his words as well around my thoughts towards the hard work so many have put in and the team that was hired deservingly, while still having an eye towards a successful future.

@allan.g

I hope that this comment does not come across as embittered or envious because I am genuinely delighted for the core team that was hired, and I’m pleased to see so many key people rewarded for their persistent contributions to the Index Coop. My request is that we don’t forget about the majority of contributors who may have also put in many months of work and are equally committed to our collective success.

I second this request:

@MrMadila

I strongly ask that we do not rush this IIP through and risk prematurely cementing the current confusion, frustration, disappointment, division and feelings of unfairness into the community psyche.

The reason stated by @Matthew_Graham above for pushing this to IIP quickly is so that rewards can begin in February, however if I understand correctly there will be no $index handed out this month or for the next 5 months that can be sold or moved as it is vested for a 6 month period. If we are able to accomplish a lookback for the airdrop of 21 days to Feb 1st, can we not also do a look back of 45 days?

Pushing forward with the DSM + Airdrop topic from a perspective of only priority hire round #1 vs addressing both issues from a holistic point of view as laid out repeatedly in the Index 2.0 posts seems short sighted. If I am correct the most recent information we have on the DSM is in the Hiring round #1 post. As @mel.eth made fairly obvious in last weeks leadership call, there are still many open questions and uncertainty around the DSM mechanics from a priority hire perspective, with almost no concrete information surrounding the inclusion or mechanics for non-priority hire members of the Coop. Even though I would very likely be a yes-vote on DSM for all > bronze contributors and a no-vote on the airdrop, the most critical thing is clarity and completeness for all the many contributors putting in significant time and commitment to the success of the coop. Ambiguity and confusion breeds dissent.

Regardless of this proposal and its outcome, I hope we collectively can address the following discussions with creative solutions in the near future:

• A path towards meaningful ownership for the full spectrum of contributor; including those that may need to come behind us and grow to be critical members of IC’s success. This problem needs a creative solution that may or may not be based on holding more $index token with both its financial and governance benefits together.
• Deciding what is the best use of the treasury we have to accomplish and incentivize the next 18-24 month roadmap that we consider success for IC.