Introduction to DAO Resource Management (1:10:00 – 1:20:00)
How DAOs manage resources:
Centralized vs. decentralized budgeting
Liquid budgets that evolve over time
Key questions for organizations:
What resources do we already have?
What resources do we need?
How do we allocate funds effectively?
Lesson 10: Compensation Models in DAOs (1:20:00 – 1:30:00)
Types of DAO compensation:
Quests: Temporary projects with clear deliverables
Roles: Ongoing commitments with regular payouts
Badges: Recognition tokens that may influence compensation
Flexible compensation strategies:
Balancing cash, tokens, and voting power
Adapting models for global vs. local economies
Considering fairness across different living standards
Case Study – High-Level Compensation Frameworks (1:30:00 – 1:40:00)
The Hiya DAO Model:
Salary bands based on skill, experience, and complexity
Adjusting for regional economic differences
Staking deferred compensation to align incentives
Challenges and considerations:
Global fairness: Addressing wage disparities across countries
Avoiding social migration issues: How high salaries can impact local communities
Balancing transparency and privacy in pay structures
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