CIP-19: Karpatkey DAO Proposal to Create a Core Treasury Team

Hi @Error,

Thanks for your interest in our proposal and for the sharp questions. We’ve updated the chart image with the rest of 2022 in the proposal.

Regarding the PFPs, we preferred its aesthetic over pictures. We have nothing to hide, but having an org chart with actual photos felt too Web2. We’re currently 18 people at Karpatkey (some of them like to be anons), and we’re growing our team, since we’re convinced that bear markets are the best moment to build.

With regard to the fees, here are the formulas (we’ve added them to the proposal as well):
Management fee = Weekly portfolio balance * 0.5% / 52
Performance fee = (Weekly liquidity mining rewards - trades slippage - deposit/withdrawal fees) * 10%

We wouldn’t mind charging the performance fee in ETH instead of COW tokens, we proposed charging it in COW to minimise the burden on CowDAO’s finances and as a token of our long term strategic alignment.

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