Happy to see consensus is forming on a path forward that vests $ENS token distributions. It’s good that stewards are well compensated.
@nick.eth Thanks for putting in the time to expand on the processes that led to (most) Term 4 stewards taking a decision to distribute 40,000 unvested $ENS among themselves as compensation. I’m happy that at least some process was followed for this action.
Agreed. The confusion in this thread reveals that there’s room for improvement in how proposed compensation plans are communicated to the DAO. The forum thread in question had zero replies for months. I don’t believe that’s necessarily because everyone agreed with it, but rather because the context was unclear that the DAO was being asked to give feedback and approve a proposal.
@nick.eth and thanks for the point about the price change in $ENS from Term 4 vs. today. I should have written those ideas with more precision to avoid misunderstandings.
Never said that stewards in general aren’t putting in their 100%. Please check what I wrote:
Private conversations I’ve had with a subset of current stewards at ETHDenver were quite a shock. I was told by some stewards how they didn’t want to lead and instead that they were just going to follow whatever they were told as they didn’t see themselves as smart enough to think for themselves. Other stewards told me that they weren’t going to take responsibility to meaningfully oversee Service Provider performance as they didn’t see it was part of their role & responsibility. I’ve previously asked a related steward to define their responsibilities or metrics for success and they ran from the question with vague statements.
@estmcmxci hope that clarifies. I’ve had multiple stewards look me in the eye and say these things. These are their own words, not mine. I always assume the best in people. For all the stewards who haven’t told me such things, I continue to believe they’re consistently doing their best for ENS. For the stewards who said these things to me, I hope they have a change of heart and improve their approach.