Budgeting and Contributor Rewards workflows

This page documents the on-chain budgeting and rewards flows between DAO voting members, project managers and contributors.

The design suggested below aims to complement the Sweat Token UX workflows.

Budgeting Projects

Hiring Contributors

There are several reasons for using NFT to uniquely record on chain the service provided by a contributor:

1. It gives the contributor ability to build an on-chain, censorship resistant professional portfolio and reputation based on work accomplishments.
2. It provides the DAO with ability to build on-chain reputation for working with contributors.
3. It provides valuable accountability data about spending of DAO tokens. This data is useful for DAO-wide governance and accountability but it can also be useful for legal reference and tax related bookkeeping.

Note: Project is of type SweatEquityProject.

Note: Contract to hire a contributor can be based on LexLocker and use LexArbitration for dispute resolution.