Treasury Work
Who is the proposed retrospective award recipient?
What specific project or work is the retrospective award in recognition of? Please detail what the project or work entailed and the duration over which it took place.
vacalaranja has been the pDAO treasurer outlined in RPIP-10 since November 2022 and has submitted a total of 21 treasury reports to date.
Drafting the treasury report and maintaining spreadsheet updates typically consumes around 2 hours during each rewards period, with additional time dedicated to occasional checks on disbursement accuracy or reaching out to Langers for clarification.
Certain periods presented challenges, notably the initial phase, which demanded more time due to the learning curve and the necessity to establish a new spreadsheet for comprehensive review. This endeavor led to the discovery of minor inconsistencies, resolved over the course of a few months.
Subsequently, difficulties arose after RPIP-10 underwent erroneous percentage value adjustments for the GMC and IMC (08/2023), persisting until their correction (12/2023). During this period, vacalaranja assisted in resolving retrospective payments and meticulously audited transfers, significantly increasing the complexity of bookkeeping tasks.
Furthermore, there were delays in adhering to the schedule for updating pDAO/oDAO shares last month, these delays had a sizable impact on the budget, although they were fixed without significant difficulty by vacalaranja.
Benefit
| Group | Benefits |
|---|---|
| Potential rETH holders | N/A |
| rETH holders | N/A |
| Potential NOs | N/A |
| NOs | Organizations need a treasurer. It is one of the most essential administrative tasks in a DAO that is probably taken for granted a lot of the time. |
| Community | The treasury reports keep the community up to date. |
| RPL holders | N/A |
Costs
How much USD $ is the applicant requesting be awarded to the recipient?
$2,550
Based on the information above, I would estimate vacalaranja spend 3 hours per month. The third hour takes into account the 28-day cycle window (17 months becomes 21 reports), and accounts for periods of time where he has to spend a greater deal of time fixing other issues.
17 months * (3 hours * $50/hr) = $2,550
Is the applicant requesting RPL or LUSD?
RPL
Conflict of Interest
Does the person or persons requesting the retrospective award have any conflicts of interest to disclose? (Please disclose here if you are a member of the GMC or if you have nominated a member of the GMC for this retrospective award).
As the GMC administrator, I oversee a community of exceptionally modest individuals who may not always seek compensation for their contributions. When I submit these applications, it’s important to note that I haven’t been prompted to do so. Rather, I do it because I’ve identified a community member whom I genuinely believe deserves recognition and compensation for their valuable contributions.