VDAO Compensation Term 1
Open letter to Harmony Core Team.
The initial Governors for the Validator DAO served from June 1st to October 18th of 2021. During that term these are our accomplishments:
- Facilitated 5 Harmony Improvement Proposals (HIP)
- 3 node binary upgrades
- Validator tooling (EasyNode)
- Validator outreach and participation
- Diverse Validator profile growth from 105 avg to 143 avg (ATH 147)
- Framework and DAO management
- Open communications channels on all platforms
- Medium articles
We were informed the Validator DAO would be both paid and funded for initiatives during our time as Governors. We self funded these measures:
- Validator DAO branding and logo/banner combination
- Memes and all other social media content
- Seeding new validators with our own coins to move them up slots
- Validator Tooling
- Data analytics tooling
- Test nodes
We spent considerable time devoted to this operation. With each vote, node binary upgrade and even just monitoring the network for validators falling out of consensus, we did a significant amount of direct communications with the validator community through email, and direct messaging across multiple platforms. We each spent a considerable amount of time directly assisting new validators troubleshooting and launching their nodes. We advocated for conservation of BLS keys in order for diverse validators to gain election in an environment with a recalcitrant and entrenched senior validator core.
During our time as Validator DAO Governors, we received very little information and almost no support and yet were still able to gain traction and reach a tipping point of participation in protocol governance, decentralization, and security.
We were provided timesheets to fill out and we provided them filled out as requested.
We have not been compensated and do not feel it should be the burden of the latest term of Governors to request funding for retroactively paying us. We feel the new Governors have enough work to keep them fully employed for the given amount of weekly hours and should seek funding for their initiatives and not carry the burden of seeking our compensation.
VDAO term 1