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Proposal Bounties

MakerDAO rewards classes of governance action that result in measurable changes to the way the Maker Protocol or MakerDAO operates.

This page describes how this incentivization mechanism operates.

GovAlpha strongly recommends that you confirm with us before working on a proposal to ensure that it is eligible for bounty payouts.

The Bounty Pool

A pool of 6,000 DAI per month is allocated for distribution amongst the authors of successful MakerDAO governance proposals.

This pool comes out of the GovAlpha Core Unit's budget.

Eligible Proposal Types

Proposals eligible for rewards are:

  • Successful MIP proposals
  • Successful MIP Subproposals
  • Successful Signal Requests

A proposal is considered successful if its on-chain vote meets the success criteria defined in the accompanying on-chain poll text.

Rewards

The maximum reward for each type of successful proposal is denoted below.

  • MIP - 2,000 DAI
  • Subproposal - 1,000 DAI
  • Signal - 500 DAI

The 6,000 DAI reward pool is split between eligible proposals in a given month and may be significantly less depending on the volume of proposals submitted in a given month.

The reward pool for a given month is split between proposals according to the following weights.

  • MIP = 1
  • Subproposal = 1/2
  • Signal = 1/4

Payout Process

Rewards are distributed at the start of each month, covering proposals that concluded in the previous month.

Payouts are consolidated into a CSV file and distributed by GovAlpha from the GovAlpha multi-sig wallet.

GovAlpha produces a short report each month communicating the initiatives and the users rewarded.

Off-chain Proposal Bounty Eligibility

Eligibility

1.1 - Any community member with an account on forum.makerdao.com is eligible to receive off-chain proposal bounty payouts.

1.2 - Community members must opt-in and provide an Ethereum mainnet address in order to receive payouts. This address will be publicly visible.

Eligibility Exceptions

2.1 - Individuals working for/in Core Units are not eligible to receive off-chain proposal bounties.

2.1.1 - This includes Core Unit Facilitators.

2.1.2 - This includes individuals working for Incubating Core Units.

2.2 - Proposals concerning collateral onboarding are not eligible for off-chain proposal bounties.

2.3 - Proposals requesting funds from the Maker Protocol are not eligible for off-chain proposal bounties.

Exclusions

3.1 - GovAlpha Facilitators may exclude any community member from bounty payouts at any time, for any reason.

3.2 - GovAlpha Facilitators must communicate a reason publicly if a given community member is being excluded from off-chain proposal bounty payouts.

Page last reviewed: 2022-08-24
Next review due: 2023-08-24