[TEMP CHECK] ENS Steward Vesting Proposal

[estmcmxci]

@SpikeWatanabe.eth

not everyone agreed on the amount of compensation in that long thread

I’ll go out on a limb here and say that it was an oversight not to have obtained explicit buy-in from the DAO on compensation plans via a social proposal. In hindsight, I believe the Working Group should have put forth this issue to a vote.

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@nick.eth

EP4.8 was passed November 8, and adds the following requirement to the bylaws:

10.4. The Meta-Governance working group are responsible for defining standards for fair compensation (‘Compensation Guidelines’).

10.5. The Compensation Guidelines shall be defined prior to the Nomination Window for each term and can only take effect for the following term. Summary

Note that it doesn’t require the DAO to approve a proposed compensation plan - an omission I agree should be rectified in the forthcoming bylaws.

I have also suggested including this amendment in the forthcoming bylaws, as well as considering other key feedback points that emerged from the Meta-Governance Funding Request discussion. To avoid a conflict of interest, I have proposed that a nonpartisan individual should execute the compensation guidelines defined by the Meta-Governance Working Group.

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@SpikeWatanabe.eth

This discussion here, is exactly the same, we are talking about disclosing REAL salary of Stewards, it doesn’t matter what is the structure of that compensation - it cannot be opaque. Especially given the fact that ENS is public good. Everyone needs to understand how much Stewards are compensated and for what services.

The Term 4 Meta-Governance Working Group has outlined the full steward compensation, detailing the amount each role receives in USDC. Reading this table, I can discern steward compensation and it is clearly defined.

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IMHO, this proposal should only address the governance distribution, and whether or not to apply vesting to the current term. Therefore, I would suggest that the voting options should be as specific as possible:

• Option 1: Apply vesting to governance distribution for the current term.
• Option 2: Approve governance distribution as per Term 5 guidance.
• Option 3: Abstain