I should preface this by establishing how tokens have been vested to members assigned by the DAO in the past. For the founding members it is expected by social contract alone, that they work for 3 years.
Let’s start off by looking at the publicly available data on founding member allocations:
@bbenligiray - bbenligiray.eth - 7.5MM - worked for 2 years prior
@sashkica - sasa.eth - 1MM - worked for ~6 months prior
@dave - dav3.eth - 820K - worked for 2 years prior
@Kiyo - 0xFB15B18bb56A587D4c87e3f06F51a2d6fF73E19B - 50K - worked for ~2 months prior
The ultimate purpose of this was to incentivize members from the early days, back when there was no funding, to perform with the intent of growing the protocol to the point of ensuring that they attain exponentially larger returns in the future. These allocations are irrevocable, which has the unfortunate downside of anyone being able to walk out at any time and leave the others to do all the hard work and ensure that they passively earn on the side. The only way of remedying this is, as with the case of first party oracles, slashing their reputation going forward. But again, that is entirely subjective.
Now to come to how subsequent DAO contractors were awarded, the tokens were allocated within the range of 50-150K, with business developers and community managers, developers, and team leads, in that order, following the progression of size increase in that range. These tokens were taken from the V1 DAO from the tokens earmarked for incentivizing builders and partners. These tokens are periodically vested, with the possibility of being cut off at any time should the contract be terminated by either the DAO or the contractor. The tokens are not staked however, but I don’t see why this should be the norm.
To come to the subject of this post - Andres Larez (@cypherbadger) - I would like to ask for him to be the recipient of the first token allocation from DAO V2, as there are no more tokens to tap into from V1. He would be given 50,000 API3 tokens, that will be sent to a multi-sig wallet from whose signers will keep it staked in the DAO on his behalf.
Andres has joined us only recently, but has proven himself to be an immense asset for the DAO in such a short span, by taking charge of the Spanish speaking community and going above and beyond his call of duty by pushing the envelope forward during the Bankathon in El Salvador, by networking with several important parties and catering to any developer in need. His networking has helped with cementing API3 as a key player in the burgeoning crypto ecosystem in El Salvador, which he himself has moved to from Venezeula. It was these efforts that brought out such a substantial local developer turnout for the event.
I should add that while these amounts might at first glance seem large, it is standard practice across startups in web2 and web3 to allocate larger amounts at an early stage, so that their employees are incentivized to go beyond their expected calling and add more value to the organization going forward. In this case, 0.05% (less, given inflation) of the overall share of the organization is an adequate and arguably even low amount.
I expect Andres to fully rise to the occasion and shape the course of the API3 DAO moving forward, to the best of his abilities, and so I would like to put forward this proposal.