Validator DAO Term 1 Funding Request

Apologise about the delay on tx transparency to the community. We fought with the multisig for a bit and then I got busy with an event in Austin for A DAO/TexasHarmonauts.

Easynode

JCR

Mars Initiative

Babylonode

https://explorer.harmony.one/tx/0x3229703200f9a6bc12d7a74b5e802bcbf98d72411ac806b19fba41d53cd6e0e7

Maffaz

https://explorer.harmony.one/tx/0x51377f3034a71b2d09a7fc8bce2a78d86d3a9fbec0423a846221efa438973b7a

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Hello,

Now that the multi-sig is working properly, we need to discuss the remaining 387,962.55 ONE in funds that haven’t been paid out.

Babylon is still owed the stipend from pre-election.

We’ve only been paid out 58% of what was approved and requested. How can we move forward with paying out the remaining 42% and Babylon’s stipend that all other VDAO (and one non-vdao) members recieved?

For reference here’s the payments voted on and approved by the community:

babylon:
May - Still owed pre-election/may stipend from Harmony
June 22,606
July 39,397
August 29,698
Sept 17,017
Oct 6,212

Total: 114,930 + May

Mars:
June 45,213
July 39,397
August 29,698
Sept 14,096
Oct 6,212

Total: 134,616

jcr:
June 45,213
July 39,397
August 29,698
Sept 17,803
Oct 6,272

Total: 138,383

easynode:
June 45,213
July 39,397
August 29,698
Sept 16,575
Oct 6,212

Total: 137,095

Maffaz:
June 45,213
July 39,397
August 29,698
Sept 17,787
Oct 6,212

Total: 138,307

Total VDAO1 estimated pay: 663,331

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100% not surprised this does not have a reply…

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Is Harmony going to pay what is owed?

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@lij please do something about this! This is a bad look for Harmony. I see that funding is unpaused, lets start at the roots. If there is a reason to not pay VDAO term1 what they’re owed, it should be said. Enough is enough.

Guys, what a mess! You folks should definitely learn from our good friends from Blu3 DAO on how to get money from Harmony in a speedy manner and without getting the community involved, or even those silly KPIs that make everything boring!

Or maybe our beloved @BiancaGadelha can pop in and give some advice for free from her new shiny MacBook Pro founded with a grant intended to form a DAO about autism? She claims to be a DAO expert after all!

Hope it helps!

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We still need to discuss the remaining 387,962.55 ONE in funds that haven’t been paid out.

Can anyone from the team chime in? Thanks!

Happy 1 year of DAOs on Harmony ONE @HarmonyValidatorDAO! Let’s get this one finished off.

@frwrdslosh @lij

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Not gonna pretend to know who’s in the right or wrong here, but c’mon, this needs to be addressed by the team ASAP. Simply ignoring this isn’t going to make it go away.

A lot of people in other DAOs as well are losing confidence in the Harmony Team keeping their word. It’s pretty much become a running theme now. This is only gonna go on for so long before people hop on a different project (already happening).

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Just want to chime in and let the grant team know how visible issues like these are, and how it drives current and future investors and builders away from our family.

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I know someone from the core team said that the next Validators should take care of it from their budget. That is silly. Why make new term validators pay out of their budget for a term 1 validator DAO budget?

ASAP?

It’s been a year of this nonsense and Harmony still hasn’t paid what they owe

Maybe next year?

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So much as i still have irritation from this cluster of incompetence I would still rather have the vdao supplied with the promised bootstrap funds that will ensure the vdao can be truly decentralised forever.

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We won’t take funds from the VDAO treasury, this is so old it’s simply on Harmony at this point. We also made that clear in all of our posts above.

We’re almost at a year past due at this point but there’s some type of internal bias that keeps this from being completed as agreed upon by Harmony and the community via the approval vote.

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You’re right. I understand. I think that’s the best way forward too.

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@Maffaz :joy:

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Snapshot vote it under the new guidelines and we will support you! Make sure that it lasts 2+ weeks and that it uses the quadratic method!!

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We already had a vote. It was overruled by harmony… even though it was harmony that demanded it…

“We were asked for a vote from the community. Voting ended 5 weeks ago, quorum was passed and it was unanimous.”

https://gov.harmony.one/#/dao-mainnet/proposal/QmXxJLDbJZ3RcuW5g2PuuhgEot3eihkNjiyYUJmU9YUaqs

image

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So…just to get this straight- they asked you guys to hold a community vote, voting results are unanimously in favour for you, then Harmony just disregards the vote they themselves asked you do?

How does this make any sense? Jeez

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Yes, that is part of the saga and your guess is as good as mine as to why.

Over a year and the biggest hurdle for decentralisation is still harmony…

Seems harmony enjoy the pr but fear the lack of control…

Decentralisation is why i joined and worked so hard for the vdao.

A lack of is why I left.

Hopefully this will change as harmony being centralised offers nothing special imo.

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They’d be getting out of this fairly cheap at today’s prices :rofl:.

We’re only in this mess because they didn’t allocate a budget (well they did but it never showed up) and allow us to pay ourselves as the DAOs do today from their treasury.

Instead they held all funds until 5+ months after we finished our terms and then only paid a partial payment of what the vdao vote that finished up 96 validators to 0 approved per HARMONY’s REQUEST!

So, I don’t think we need any more votes or justifications, all the facts are clearly stated above and in the vote. We’re just awaiting the final transfer…

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