Proposal - Authorize Compensation for Inverse Finance Core Contributors

SUMMARY

Proposal to create allocation of vested INV tokens for core contributors to Inverse.

BACKGROUND

Inverse Finance is entering a new period of growth as we move towards product-market fit and solidify our position in the DeFi ecosystem. Up until now we have moved forward largely based on the incredible efforts of a handful of motivated, part-time volunteer contributors. In order to accelerate our growth and enhance Inverse's organizational abilities, the time has come to properly incentivize & reward our core contributors in a professional manner.

To attract top talent and align their interests with INV holders and the DAO, Inverse will reward core contributors with vested governance tokens in a way that is comparable to other DeFi projects.

NOTE: Nour's existing vesting contract will be replaced with a new xINV-staked vesting contract of the same amount and duration.

ACTIONS

Governance Token Allocations for Core Contributors (All allocations vesting for 24 months)

• Allocate 1,000 INV tokens to Patb (Head of Growth, salaried, 0xE58ED128325A33afD08e90187dB0640619819413); calculated from 06/11/2021

• Allocate 650 INV tokens to theAlientTourist (Senior Frontend Engineer, salaried, 0x34A7a276eD77c6FE866c75Bbc8d79127c4E14a09); calculated from 01/11/2021

• Allocate 500 INV tokens to Naoufel (Data & Analytics, salaried, 0xFDa9365E2CDf21d72cb0dc4F5FF46F29e4aC59CE); calculated from 04/02/2022

• Allocate 500 INV tokens to BasedXeno (Operations, core contributor, 0xb9f43e250dadf6b61872307396ad1b8beba27bcd); calculated from 01/11/2021

• Allocate 300 INV tokens to CryptoHarry (Treasury Management, salaried, 0x962228a90eac69238c7d1f216d80037e61ea9255), calculated from 04/02/2022

• Allocate 300 INV tokens to N3bs (Treasury Management, core contributor, 0xad4a190d4aea2180b66906537f1fd9700c83842a), calculated from 04/02/2022

• Allocate 100 INV to Akarin (Mod / Social Media, core contributor, 0xD32066c2E31961aDf2A6fd0D57326dFf1e33FC29); calculated from 01/11/2021

• Allocate 100 INV to 99Donuts (Mod / Social Media, core contributor, 0xC8A6fDd2586AF7980776DC610C159A92E9Db11C3), calculated from 01/11/2021

• Allocate 100 INV to Karm (Mod / Growth, core contributor, 0x2723723FDd3Db8ba2D6f0e1B333e90A7E60A0411), calculated from 01/11/2021

• Governance Token Allocations for Project Contributions (Non-vested)

• Allocate 40 INV tokens to Nakamomo (0xbb20d477d4f22d7169ad4c5bd67984362be8bad0) for Inverse Plus project management; no vesting

Terms of Allocation

Vesting is over a period of 24 months from the date of calculation unless otherwise specified

Vesting continues automatically unless the Funding Committee votes to confirm that the core contributor is no longer providing productive input to Inverse Finance, or if the DAO votes to terminate the contributor.