RFC: Proposal for mandate for Governance & Coordination Group

[annamehr]

Thanks for detailed explanation of Governance & Coordination group. I think it will be helpful and valuable to have a clear documentation on the governance process and support for proposers of RFC & CPs.

• How many members are planned to be part of the GCG group in the Centrifuge DAO (short-term and long-term) and how are they compensated? I understood that for now it’s @Rhano and @ImdioR.
• How and when can memberships in GCG be changed or renewed?

I found a good example on transparent communication on the formation of the group by the Credit Group proposal. It outlined the membership structure, compensation and how membership positions can be renewed. Maybe you can add this part to your proposal as well?

@thespaceacatjr

Credit Group formation

I would suggest that members of the Credit Group work on an ad-hoc basis for a minimum term of 6 months, with the ability for membership positions to be renewed subject to approval via governance. Applications are open and can be submitted as set out below.

Given the levels of expertise required, I would propose members receive $100-500/hr in the form of a treasury grant subject to governance approval. Payment could be based on success metrics (level of participation, number of reviews completed, etc).

I would estimate that the starting budget could initially be roughly $12,500 per quarter - this covers 5 members (to start) working 40 hours at an average of $250 per hour, along with a small contingency budget for additional expenses. Member compensation could be based on the specific skills provided so individual members may earn more or less than $250 per hour.