diff --git a/DSPs/013-research-DORG-token-incentives.md b/DSPs/013-research-DORG-token-incentives.md new file mode 100644 index 0000000..3081f11 --- /dev/null +++ b/DSPs/013-research-DORG-token-incentives.md @@ -0,0 +1,97 @@ +# Researching DORG Token Incentives + +**Author(s)**: Remscar (Zachary Nawar) + +## Summary + +It's currently not possible to do anything with `DORG` tokens that builders may have, therefore builders who choose to take payment in the form of `DORG` tokens should be rewarded additional reputation. + +This proposal is to research and determine the best way to additionally reward dOrg `REP` tokens to builders who choose to receive payment in `DORG` tokens. + +## Background + +Currently builders can choose to receive some of their payment in a `DORG` token. +The `DORG` token is currently valued 1:1 with DAI, but cannot be used. +As such the `DORG` token represents an investment of payment back into dOrg with no defined APY (annual percentage yield.) + +Currently 1 `REP` token is awarded for every 1 `DORG` token a builder receives as payment. + +## Why should we fund this? + +Builders at dOrg are choosing to invest their hard earned money back into the internal development and growth of dOrg by receiving `DORG` tokens in place of `DAI` and should be rewarded for these actions. + +Since there is no utility, way to redeem, or way to earn additional returns on `DORG` tokens, currently, the builders who receive `DORG` tokens are for all intents and purposes giving their money to dOrg. + +### Further Explanation + +dOrg currently has two ways of raising cash: + +- Through the 10% cut it takes from client projects (revenue) +- Builders choosing to receive `DORG` tokens instead of `DAI` (debt) + +As the number of client projects increase, so will dOrg's revenue through that method. +However there may be cases where dOrg needs more cash than it gets through revenue. +Exploring how dOrg can raise cash by taking on debt, so that if it needed to do so, helps us be better prepared to make decisions in the future. + +If dOrg found itself in a situation where it needed cash, having plans on how to incentivize builders into investing into dOrg will be helpful. + +### Examples + +Some examples to illustrate how this might play out: + +None of these examples, or the numbers mentioned in the examples, should be considered final, and are merely ideas which need to be more carefully analyzed. + +#### Extra Rep during time window + +dOrg wants to raise $10,000 through issuing `DORG` tokens. +dOrg declares that any builders choosing to take `DORG` tokens instead of `DAI` as payment, for the next 2 weeks, will be granted an extra 50% `REP` tokens. +After 2 weeks, dOrg can either continue or discontinue the additional `REP` token grants. + +#### Limited extra rep per month + +dOrg declares that builders can receive 20% more `REP` tokens on the first 1000 `DORG` tokens they receive in place of `DAI`. +This limit can reset every month. + +#### Rep Pool + +dOrg declares that 5000 bonus `REP` will be proportionally given to all builders who choose to take `DORG` tokens as payment in place of `DAI`. + +This pool is given at the end a month. + +## Outcomes + +There are a few outcomes of this DSP. + +### Research + +Research and explore this statement: + +> How can dOrg incentivize builders into receiving `DORG` tokens instead of `DAI` as payment by giving additional `REP` tokens, so that dOrg can raise funds? + +### Interview + +Interview peers at dOrg both during and after the research process to explore ideas, discuss findings, and better understand what might be the best for dOrg. + +### Sharing + +A session will be held to share findings with dOrg. + +### DSP + +Based on the research findings, and permitting that this is a good idea, another DSP will be put forth to implement a fair incentive. + + +## Cost x Timeframe + +Time: ~3-4 weeks (~10 hours / week) + +| Item | Hours | $/hr | Total +|-|-|-|-| +| Research | 15 | $75 | $1125 +| Interviewing | 8 | $60 | $480 +| Sharing Prep | 2 | $60 | $120 +| Sharing | 1 | $60 | $60 +| DSP Creation | 4 | $75 | $300 +| Totals | 30 | | $2085 + +All payment for this proposal will be in `DORG` tokens.