update 04 04/03/2023
A little psychology lesson to start.
In operant conditioning, positive means you are adding something, and negative means you are taking something away. Reinforcement is designed to increase a behavior, and a punishment is designed to decrease a behavior. When designing incentives it is helpful to understand whether you are aiming to increase or decrease a behavior.
Here is a hot list of links, arising from the last two weeks of discussions in the DAO Thought Leaders Telegram Group where we are chatting about the topic of Rewards, Compensation, & Incentives.
The start of a map for rewards & compensation in web3 organizations by Gaia Dadabit
“Reputable Health partners with Lomads to Empower its Quantified Collective with token-gated community features and benefits” posted by Nishant Bhaskaron LinkedIn
Younergy Crypto Rewards Model (slide 2)
Decisions in DAOs - What Causes the Pain? By RnDAO
Elections and Delegation in a Liquid Democracy? By Sam Schikowitz
EPISODE #173 MESHWORKS OF BEING: Building Community on the DAO with Grace Tachmany of PricelessDAO
The Liability of DAOs and Their Founders Has Been Put to the Test in Court, from Coindesk
Arbitrum Network and its token holders disagree on compensation, via twitter
PoolTogether Research Report: Vibes, Labor, Constituencies, published in Nov of 2021
A few great tips from Karma Pocket of PricelessDAO https://t.me/c/1674876513/301
“From our DAO experience, Paid work compensation is a mix of USDC (cap 30%) and DAO tokens.”
While the community and contributors are learning how to run a DAO, I (Karma Pocket) find two principles useful:
1. Avoid making fatal mistakes. Lowering the chance of a DAO being dead is more important than making it a successful one in the early stage.
2. Make more Reversible decisions. Meaning if outcomes of the decisions are wrong, the community or team can still redo or revisit decisions without much cost.
Don’t forget to mark your calendars if you can make it to the Twitter space this Thursday, April 6th, 10 AM PST https://twitter.com/memebrains/status/1639749387894288385
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