Admin Best Practices
Simple Rules of Thumb & Considerations
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Simple Rules of Thumb & Considerations
Last updated
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We recommend Circles of at least three members. The closer the team members are, the more accurate the compensation process is.
For larger organizations, we recommend creating more smaller circles.
Work Opaqueness: The larger a Circle is, the less accurate your team member's assessment of each other may be. Members tend to be the MOST familiar with the teammates' work they interact with the most often.
Various Areas of Expertise: Members do not always have experience with the effort required of all disciplines within the organization. For example, A developer may not know the rigor required of a marketer managing an active campaign. Due to this lack of experience, they may tend to under allocate to members of the marketing team.
If you have community members that casually contribute to the DAO and a Core team you would like to incentivize, you could set it up like this.
Acme DAO [Organization]
Community Members [Circle]
Acme Core [Circle]
The community Circle can input contributions and then GIVE each other kudos and tokens. Then, after the Epoch, you can compensate the community for their work.
The core Circle can write notes on current projects and give kudos to hard-working members after your DAO could provide bonuses based on GIVE tokens.
The length you choose will depend on the projects your team is working on and how often you prefer to pay your team.
Recency Bias: Members tend to allocate based on their recent experiences. If your Epochs are too long, members may forget about work completed at the beginning of the Epoch.
Process Fatigue: Every Epoch requires your team to record contributions and allocate to team members. If you have a large circle, a frequent allocation process could lead to burnout.
At the beginning of each Epoch, your Circle will ask you to answer two questions, which will help your colleagues determine how to GIVE to you.
Your statement is public for anyone in the Circle. In addition, the Epoch Statement details your work this month or clarifies the work that the DAO wants to compensate.
Best Practices It's best to summarize your work so that anyone from your team can understand what you did and its impact/goal. Quantify your work where ever possible for better understanding.
Example: Pushed 6 Github issues to allow us to unblock back-end work and resolve bugs impacting the use.
Examples
Created the marketing plan for Coordinape, sent 6,000 tweets, and received 12,000 RTs
Pushed 6 Github issues to allow us to unblock back-end work and resolve bugs impacting the user.
Redesigned the landing page to guide users to the valuable part of our docs easier
The purpose of the Gift Circle is to reward all the ways value is brought to your DAO. Therefore, throughout the Epoch, each member should allocate their GIVE tokens to other members using whatever logic makes sense to them.
Allocating GIVE should ensure that valuable contributions are recognized and compensated as accurately as possible. Before starting an Epoch, you must guide your team on how best to allocate with the organization’s priorities in mind.
Impact: You can allocate to team members who deliver work that positively impacts the betterment of the organization
The best practices for running Coordinape will vary from team to team. But, in general, we find that teams that communicate their goals for Coordinape to their contributors will have a better experience than teams that start Circles without communicating with their users.
So, when communicating to your teams, here are some things to make sure to mention:
Who should be eligible to send and receive GIVE?
Should members compensated via grants or salaries be rewarded?