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  • ⚪Welcome to Coordinape
  • 🔮Social Oracle™️ GIVE
  • How To: Coordinape Gift Circles
    • 🥳Get Started
      • 🤓New Coordinape Admins
        • Setting up your Organization
        • Managing Organization Membership
        • Creating A Circle
        • Uploading an Organization Logo
        • Upload Circle Logo
        • Add Team Members
        • Schedule an Epoch
        • Contributions and Epoch Statements
        • Allocate GIVE
        • Review Distributions
        • Your First Payment
        • 📐Admin Best Practices
      • ✨New Coordinape Members
        • Set Up Your Profile
        • Record Contributions & Opt-in/out
        • Select Your Collaborators(Optional)
        • Allocate GIVE
        • Get Paid
    • 🏠Organizations
    • ⚪Circles
      • Creating a Circle
      • Team Members
    • 📅Epochs
      • Create An Epoch
      • Contributions and Epoch Statements
    • 👐GIVE in Gift Circles
      • Allocating GIVE
      • Reviewing Distributions
    • 💲Compensation
      • 💲Paying Your Team
        • Disperse
        • Gnosis Safe
        • Parcel
    • 🎩Admin
      • Update Circle Settings
      • Update Epoch Settings
      • Update Members
      • Enable Vouching
    • 🧑🤝🧑 Members
      • Member Profile
      • Vouching New Members
  • Info
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      • Gift Circle
      • Who To Gift
      • Vouching System
      • Email Login and Web3 Best Practices
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      • Hedgey
      • Guild
    • CO Token Utility
  • support
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    • Home, Posts and Replies
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    • GIVE
    • CoLinks Mobile Features
    • FAQ
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  • Example
  • Ways to GIVE
  • GIVE Considerations

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  1. How To: Coordinape Gift Circles

GIVE in Gift Circles

Showing generosity through GIVE

PreviousContributions and Epoch StatementsNextAllocating GIVE

Last updated 1 year ago

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GIVE is a token that represents a portion of the budget set for the Circle. Allocation of capital throughout various Epochs will be determined by the amount of GIVE a member receives. Currently, GIVE is a token that lives only on our server. Therefore, a GIVE token will not be sent to your wallet.

At the start of the Epoch, each Circle member receives a certain number of GIVE tokens (Determined by the Circle Admin). Then, members allocate tokens to other members throughout the Epoch to reward them for the value they bring to the Circle.

Example

Over a particular Epoch, Sarina receives 100 GET tokens from other team members (out of 1000 tokens in total).

In this case, if the total Contributor budget is 50,000 USDC, Sarina will receive 5,000 USDC.

Learn more about the Allocation Process.

Ways to GIVE

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 intending to make sure 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.

GIVE Considerations

Impact: You can allocate to team members who deliver work that positively impacts the betterment of the organization

Cooperation: How often does this member show up? Members can allocate to others who show up often and provide valuable feedback.

Effort: You may consider rewarding members who have taken many steps to complete a task or worked through unique challenges.

Passion: Is this member aligned with the mission of the organization? You can consider the level of passion and enthusiasm a member brings to the organization.

Try not to allocate GIVEs based on who is “supposed” to get them or member "hype." Instead, GIVE where you see value happen. GIVE to members that help you.

Allocate GIVE
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Circle Allocation