Firstly, let me say that I love all the things you guys do Definitely some TA talent in there
However, I find it quite difficult to justify almost $20,000 to the management of a relatively small community (for now!)
500N is very high for Telegram management, even when considering the other content which is created. I think the average for a large Community tends to be ~ $800-$1k per month.
Can you please share where these blogs have been posted? Thanks
Additionally, can we please stick to USD denominated funding when making proposals to the CommunitySquad DAO? Thank you!
Thanks for your suggestions and recommendations. Honestly I am still learning a lot so all the suggestions are very much heard. I was hoping to allow everyone a chance to respond to their directed questions before chiming in.
@dacha, I have already agreed on a fixed 350N. I would rather not track my hours and spend time debating the $/hr metrics. I think that is fair and am comfortable with that. As for the balance still in the Merchants account I have yet to move that to my own wallet, zucchini_fries.near. I will move out the funds out today to not confuse this and keep a small reserve for payouts for contest and submissions as I see fit.
@David_NEAR, I think there should be a medium between what was originally agreed upon with first starting the warp-speed guilds and what NEAR core team current proposal. What is a fair $/hr value you are proposing we use for Dollar denominated funding? The average analyst salary is roughly $34/hr as mentioned above. Standard salaried jobs have plenty of benefits such as 401(k), PTO, HSA, ect… that are not provided with crypto. Let us first establish a rate and then I can set clear benchmarks for everyone to uphold moving forward.
How can i apply to be moderator on telegram?
I am in the group and found this article pinned in the chat.
Will love to learn as well as contribute to the community as much as possible.
Thnaks to Zucchini Fries and a special thanks to @Dacha for helping me find and explore new ways to explore in the Near Ecosystem via his message which is a pin now in tg.
Thanks for your interest but right now I do not think we need another moderator, might be different in the future. I would first just start being active and learning more about NEAR ecosystem as your account is relatively new. The more active and longer term Merchants members would have priority if this were an open position.
This isn’t something I agree with, personally. The Warp Speed funding was temporary. That’s not to say we’re not happy to fund you, we (IMO) absolutely are! But, the funding needs to be reviewed.
For sure, but (correct me if I’m wrong of course), trading analysts conduct transactions rather than just perform TA? I’d consider TA, unless formally employed for a company executing trades, more of a personal interest, a la TradingView:
Rather than an hourly rate, I think a monthly funding schedule will be more appropriate. This (the Community Fund) is not being ran like a business, and nor should it be. I propose a reduction from 500N to ~ $1800/mo.
Do note that this is not my decision to make. Would love to hear everyone else’s opinions and happy to discuss further in the call
Thanks. I propose fixed 150N for two analysts. Fair pay for this job. I think a lot of guys in the guild are ready to do this work for N150. Thanks again.
There has been a lack of communication between guilds and Core which is likely the root of the issues here. The funding numbers were derived basically from last months figures and augmented for Yuppies and MansaKeita additional content. After discussions, there clearly needs to be a reduction to match other guilds and community expectations.
There is a distinct difference between ‘analyst’ and and execution trader. Traders are the ones who will make the final execution of the trade but often also do their own analysis. Analysts are generally for researching potential opportunities and is not limited to the trading world. Most of the TA you see are from individuals who post on twitter but it is used in trading firms as well.
Excellent, thank you for being responsive and transparent. We have scheduled a call with you tomorrow via your calendar. Looking forward to it.
For sure, and it’s something we’re aware of. We have a number of initiatives ready to roll out to acquire feedback from Guilds and identify where we can improve.
I would say that in traditional fields of employment, Analysts serve to make money for the company they work for. The Community Squad is more than happy to encourage the work of the Merchant’s Guild because there’s clearly value added to the NEAR Ecosystem.
Ultimately, the Merchant’s Guild community is still small, perhaps it would make sense to tone down the frequency of charting until it grows? I cannot personally justify an $18,000 funding request for what is proposed here.
This is something I’d like to have @Grace involved in, who isn’t available at this evening. Can we work with Grace to get a time which we can all attend?
I see they created a proposal. 73% of all budget they are gonna spend on management.
Initially, @David_NEAR proposed reduce salary for two part-time (3-4 hrs/day) not-certificated analysts to $1800 /month , nevertheless in the final version we see $2500/month .
Propose reduce their part-time salary to $1800/month
Yes I created a proposal with the final amount for the analysts being $2,500. I have been trying to get in touch with @David_NEAR but have not gotten anything on the schedule. It has been quite sometime and with Thanksgiving coming up, I just submitted a propsal.
@David_NEAR Can we please schedule something this week before everyone is off for Thanksgiving?