Dear community,
I would like to provide a detailed breakdown of the OWS funds distribution in September and make a request for the month of October that equals 3,833 NEAR.
(September report for reference)
The following OWS needs have to be covered on a monthly basis. These include:
- 1. Moderator pay: 6,000 USD
How did we arrive at this figure?
Based on the previous months, Sandbox moderators have been rewarded 800 USD for the commitment of min 10h per week: Community Acknowledgement [July]. That results in 4,800 USD
On top of that, In September we have launched 4 new language channels on the Discord Server: Spanish, Vietnamese, Russian, and for the region of India. To moderate these channels in the native language we onboarded 3 new language coordinators: @FritzWorm @Monish016 @DSkye (=moderators) who will be monthly rewarded 400 USD for the commitment of min 5-7h per week. That adds extra 1,200 USD to the moderator section.
- 2. Rolling rewards (standard tasks available for everyone each month): 30,000 USD
How did we arrive at this figure?
*Note: max amount has been limited to 300 USD per contributor for these tasks in order to allocate more budget to the project-requested tasks: 30,000 USD (in August OWS has approved 77 submissions. In September this number reached 87. Assuming possible growth we assume a max of 100 submissions in October. Capped at 300 USD per contributor gives 30,000 USD. Should engagement grow faster than expected and cause more than 100 submissions, the OWS Treasury funds (=5000N) will cover it.
- 3. Payouts to contributors working on requests of NEAR-based projects: 12,000 USD
How did we arrive at this figure?
As of September, the OWS has shifted its focus from general reward opportunities to more targeted project work that we believe will better support the NEAR ecosystem with more focused actions from the Sandboxers as compared to free-floating initiatives captured by the rolling opportunities. To motivate projects come to us and deploy OWS funds, we raised the amount from 1000 USD to 1500 USD per project/per month. Projects available in September are represented in the infographic below:
To sum up
This three elements sum up to 48,000 USD which should have been OWS initial request for September. From September OWS DAO has 2395N left to be used. 5000N is preserved as Treasure for emergencies. To come to the estimated amount of 48,000 USD, we are requesting an additional of 29,974 USD or 3,833 NEAR (converted by that rate of 18/10/21: 1NEAR= 7,82 USD).
Please let me know if any further clarification is desired.
Best,
Sofia