The Pilot League initiative passed the Temperature Check and we now can move on to build the Committee’s team members.
The initial idea was discussed in this post, and the set parameters have been formalized and voted by the community here.
The Pilot League has been the first iteration of Idle Leagues, a self-directed, global, and increasingly decentralized organization. We then unveiled our plan for a nested subDAOs structure embodying different departments (communications, development, legal) one month later.
We are excited to take this initiative forward and implement this initial component to facilitate community governance and start to incrementally build an organizational structure for the Idle community. We are keen to see applications from our community (and any DeFi builder or founder is definitely welcomed) and collaborate with project managers and supervisors.
Treasury specs:
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Mandate Budget: 7,500 $IDLE tokens + salaries and bonuses (between $44.4k and $128.4k in stablecoins/$ETH/$IDLE);
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Mandate Duration: 3 months since members’ election via snapshot poll;
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Budget Management: 3-of-5 MultiSig wallet. One key per member (Supervisors and Project Managers).
Open roles:
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2 full-time project managers (part-time possible)
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3 Supervisors
Project Manager (PM)
Responsibilities:
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Analyze and propose grants/bounties and candidates to Supervisors or Governance, plan and publish reward distribution;
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Carry on business development activities with integrators and partners
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Participate in Forum discussions and engage with the community;
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Publish periodic reports regarding Committee’s activity.
Monthly Compensation:
Role | Fixed salary | Bonus |
---|---|---|
Senior PM level 2 | $8-9k | 200 $IDLE |
Senior PM level 1 | $6-7k | 150 $IDLE |
Mid-level PM | $4-5k | 100 $IDLE |
Junior PM | $2-3k | 50 $IDLE |
Contributors would receive their fixed salary according to the following composition: 50% in ETH/stablecoins, 50% in unlocked $IDLE.
The $IDLE bonus would be accessible with a 3-month linear unlock only if the contributor continues to work in the next mandate.
Seniority Guidelines:
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Senior PM level 2: 10+ years in web2 industries or 5+ in crypto, and 3+ years of working provable experience in DeFi.
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Senior PM level 1: 7 years in web2 industries or 3 in crypto, and 1-2 years of working provable experience in DeFi.
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Mid-level PM: 3-5 years in web2 industries or 2-3 in crypto, and up to 1 year of working provable experience in DeFi.
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Junior PM: less than 3 years in web2 industries or less than 2 in crypto, and up to 6 months in DeFi.
In general, these guidelines help candidates to better position themselves and give Leagues’ members a starting point for shaping out the compensation plan and workflow.
Yet, experience and area of expertise have marginal importance when building complex projects from scratch, particularly in an experimental space like DeFi.
What does matter is a burning desire to learn more, constantly improve yourself, and solve tricky problems on a daily basis. We are looking for people from finance, marketing, business, and product development. However, as we took an incrementally growing structure for Idle Leagues, you can assure yourself that whatever you contribute (in terms of an engineer or otherwise) is always heard and discussed.
Selected applicants will enter a 3-week sprint phase, where they would receive the midpoint compensation for their seniority level. After this bootstrap sprint, Supervisors will define the final compensation package. In this timeframe, SVs have the right to upgrade/downgrade if it’s clear that the proposed seniority level is not matched.
Supervisor
Responsibilities:
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Approve/refuse candidates proposed by the PM;
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Provide feedback to the PM about planned initiatives;
Preferred areas of expertise:
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Financial modeling and analysis;
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Community engagement and marketing;
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Product management
Monthly Compensation:
$650 + 15 $IDLE
Contributors would receive their fixed salary according to the following composition: 50% in ETH/stablecoins, 50% in unlocked $IDLE.
The $IDLE bonus would be accessible with a 3-month linear unlock only if the contributor continues to work in the next mandate.
How to apply
Reply below this post with the following information.
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Role and Seniority levels: Choose only one role to apply for and specify related seniority level;
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Introduction: Briefly introduce yourself and your working experience. Applicants can stay anonymous, but a portfolio of past activities is necessary to evaluate the skills of the applicant;
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Motivation: What makes you a good profile for this position?
Deadline: Applications will be open until 2021-04-30T14:00:00Z.
The window can be extended by 7 days more to collect more applications.