As DAOs continue to decentralize, they must balance decentralization and the retention of high-quality contributors. Because working groups increase contributor autonomy, DAOs must ensure that their compensation models are fair, transparent, and competitive enough to retain talent.
To achieve this balance, HealthTek DAO will:
- Initially, we will provide a 2-year term for each appointee. Renewable via community voting. Details are listed in Section K. Transition to a fully Decentralized Model.
- Once the Emergence period is over, the terms will be 1 year each.
- Annual review and adjustments to compensation models to ensure they remain competitive and align with the DAO’s needs.
- Foster a culture of recognition and appreciation for contributors, rewarding them for their efforts and encouraging long-term commitment to the organization.
- Implement transparent performance evaluation systems and feedback mechanisms that reflect contributors’ impact and identify areas for growth.
- By prioritizing decentralization and contributor retention, we can create sustainable and thriving ecosystems that attract and retain top talent while maintaining their values of decentralization and democracy.
- Required to KYC/AML and identification.