Summary
This proposal opens up the application window to new members for the next Treasury League during Mandate #3.
Treasury League specs:
- Mandate Duration: 3 months since membersā election via snapshot poll;
- Budget Management: N-of-M MultiSig wallet (depending on final Leagues members after applications). One key per member (Advisors and Contributors).
Immediately available roles:
- 1 full-time Contributor for finance and accounting and business development
Or
- 1 part-time Contributor for finance and accounting
- 1 part-time Contributor for business development
Areas of Responsibility:
-
Business development: integrations and partner relationships;
-
Leaguesā finance and accounting: budgeting and financial forecasting, reporting and analysis, payments and salaries
Monthly Compensation:
Role | Fixed salary | Bonus |
---|---|---|
Senior-level 2 | $8-9k | 300 $IDLE |
Senior-level 1 | $6-7k | 225 $IDLE |
Mid-level | $4-5k | 150 $IDLE |
Junior | $2-3k | 100 $IDLE |
The compensations listed here are calculated as Full-time compensations, consider calculating them depending on the available role (e.g. if the available role is part-time, consider half of the compensation).
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 Opyn Vesting Option with strike price = 20% * current price
at the time of issuance (in other words, 80% discount of the market price at the time of issuance). The option will be vested for 3 months, and after which contributors will have 3 additional months for the exercise. The option will be issued at the end of the next mandate, after communityās positive vote for team reconfirmation.
Seniority Guidelines:
- Senior level 2: 10+ years in web2 industries or 10+ years in TradFi or 5+ in crypto, and 3+ years of working provable experience in DeFi.
- Senior level 1: 7 years in web2 industries or 7 years in TradFi or 3 in crypto, and 1-2 years of working provable experience in DeFi.
- Mid-level: 3-5 years in web2 industries or 3-5 years in TradFi or 2-3 in crypto, and up to 1 year of working provable experience in DeFi.
- Junior: less than 3 years in web2 industries or TradFi 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 Leaguesā 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. 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 2-week sprint phase, where they would receive the midpoint compensation for their seniority level. After this bootstrap sprint, current Leagues members will define the final compensation package. In this timeframe, current Leagues members have the right to upgrade/downgrade if itās clear that the proposed seniority level is not matched.
Open applications
Although we are looking for someone to cover a specific role currently available for this League, we encourage anyone interested in working with Idle Leagues to submit a spontaneous application, even if they donāt see their preferred role or position in the post.
We appreciate anyone interested in working in the Idle ecosystem: current Leagues members will review all applications received to evaluate them with the community.
Open applications - Areas of Responsibility:
-
Ecosystem development (community grants, hackathons, education, research)
-
Token economy (Tokenomics and token use cases, CEX and DEX)
-
DAO architecture and facilitation (Leagues relationships, structure, improvements)
Advisors
Responsibilities:
- Serve as a sounding board off of which Leagues members can bounce new ideas
- Intervene in conflicts between Leagues members when necessary
- Be knowledgeable of policies that may impact the organizationās decisions, programs, etc.
- Provide continuity and stability as Leagues structure and responsibilities changes
- Provide an outside view or perspective
- Provide Leagues with DeFi and community connections
Preferred areas of expertise:
-
Business development (integrations and partner relationships)
-
Ecosystem development (community grants, hackathons, education)
-
Leagues finance and accounting (budgeting, reporting, payments, salaries)
-
Token economy (Tokenomics and token use cases, CEX and DEX)
-
DAO architecture and facilitation (Leagues relationships, structure, improvements)
Advisors - Monthly Compensation:
$650 + 25 $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 Opyn Vesting Option with strike price = 20% * current price
at the time of issuance (in other words, 80% discount of the market price at the time of issuance). The option will be vested for 3 months, and after which contributors will have 3 additional months for the exercise. The option will be issued at the end of the next mandate, after communityās positive vote for team reconfirmation.
How to apply
Reply below this post with the following information.
- Role and Seniority levels: Choose only one role to apply for and specify related seniority level;
- 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;
- Areas of responsibility: Highlight what areas you are interested to work on (required: you must select at least two areas of responsibility);
- Motivation: What makes you a good profile for this position?
Deadline: Applications will be open until 2021-08-17T13:00:00Z .
The window can be extended by 7 days more to collect more applications if needed.