[BIP-XXX] Orb Collective SP Offboarding

it is reasonable to expect at least the beginning of a plan to be formed and presented to governance by May 25th

Is it? The majority of the talent in question has only been informed of this impending doom within the last 6 calendar days. Only within the last 3 calendar days did governance signal its intention to halt funding in May instead of July.

So we’re talking about engineers who are only very recently aware of their predicament and need to strategize about where their paychecks are going to be coming from for the foreseeable future. Any hypothetical transition may require sweeping changes to the way they receive those paychecks. It may require spinning up new entities, or switching from FTE to contractor. It may require losing out on benefits such as 401k or healthcare. It may require accepting just three months of runway instead of another year.

Two weeks is not a long time to make such arrangements, or even to make firm decisions as to their feasibility. Some people have families, children, and mortgages. There are careers on the line, and already the DAO SP model is leaving a bad taste.

5 Likes