[Temperature Check] Create the Uniswap Foundation

Those number’s are straight from the compensation outlay’s of the UGP .01v and renewal forum discussions here:

https://gov.uniswap.org/t/rfc-uniswap-grants-program-v0-1/9081

We propose the lead be compensated 25 UNI/hr (approximately $100 USD at time of this writing) capped at 30 hours/week. This compensation, along with the quarterly budget, will be allocated to the UGP multisig from the UNI treasury . In keeping with the committee’s commitment to the community, hours and duties will be logged publicly and transparently .

https://gov.uniswap.org/t/temperature-check-reinstating-ugp-v0-2-with-existing-funds/13310

  • Extend the UNI Grants Program for an additional 6 months
  • Utilizing the remaining funds, scaling the grants program up to $8.5M in grants
  • All committee members to be compensated at $150USD/hr as needed for no more than 30 hours/week
  • Due to time constraints, Robert Leshner, Kain Warwick, and Ashleigh Schap are stepping down from the committee, to be replaced by John Palmer, Ariana Fowler, and Callil Capuozzo

I do think the compensation numbers are resonable if these were full time individuals working for the future foundation.

It is very likey that the member’s did not max out hours every week, so I understand your doubtfulness of the annualized number’s ($150/h x 30 a week x 4 weeks x 12 months) I gave.

I am supportive of this foundation proposal. As setting up an offical company would increase the amount of transparency in reporting requirements.