GCP Council Salary Updates, Ops Improvements, and Transparency Cadence

[CastleCapital]

Hi @Djinn,

Regarding the proposed changes, here’s our perspective:

Item 1: Increasing GCP member compensation
Comparing the GCP Council’s compensation to ARDC or OAT is fundamentally flawed because the responsibilities aren’t the same. While both are referred to as “councils,” their scopes differ significantly.

OAT Responsibilities

@Entropy

Key Responsibilities
• Operational Support
• Advice on OpCo’s operational development.
• Review proposals for the DAO, by the OpCo team, related to the continuation of the OpCo & its operations.
• Strategic Coordination
• Actively engage with DAO-approved entities such as the Arbitrum Foundation, the Gaming Catalyst Fund, and other initiatives that may emerge in the future.
• Actively engage with key stakeholders and facilitators in the Arbitrum ecosystem including Offchain Labs, Entropy Advisors, and others that have a significant stake in the success of Arbitrum.
• Actively liaise with contributors and proposers; ensure the DAO stays informed regarding operations.
• Accountability
• Hold OpCo accountable to its stated mandate and ensure all activities it undertakes are in the best interest of the DAO.
• Assist in the preparation, review, and approval of reports and updates to stakeholders.
• Design relevant key performance indicators to set OpCo’s north star in terms of what it means to be successful.
• Hiring, Termination, & Authorization
• Collaborate with the Arbitrum Foundation to recruit essential staff to the entity.
• Review deals proposed by OpCo with third parties (such as service providers) and indicate approval or disapproval.
• Greenlight salaries, larger spends, budgets, and other other operational finances.
• Recommend the hiring and termination of personnel and service providers during the course of normal business for OpCo.

GCP Responsibilities

@rickjohanson

Primary responsibilities of the GCP Council:
• As a Council Member, you’ll leverage your deep industry knowledge and financial expertise to guide the program’s strategic direction and ensure the utmost transparency to the Arbitrum DAO.
• Collaborate with the GCP team to evaluate game projects, partnerships, and proposals, identifying their potential and risks.
• Offer insightful recommendations, valuable introductions, and work with the team to develop risk mitigation strategies, strengthening the overall success of the program.
• Participate in shaping the long-term vision of GCP, keeping it aligned with emerging trends and the overall goals of the Arbitrum ecosystem.
• Help craft an investment thesis and portfolio strategy for future proposals, shaping investment and grant decisions for a thriving Arbitrum games ecosystem.
• Provide oversight and recommendations on GCP team member nominations and performance, fostering a strong and dynamic team environment.
• Serve as one of the main liaisons between the DAO and the GCP initiative.

From the above, it’s clear these roles don’t match up one-to-one. We do agree with @pedrob that compensation should reflect the actual scope of work. If GCP Council members are investing more hours than anticipated, we’d like more detail on just how many hours each member is contributing weekly.

@Djinn

However, on launching the program, we have received feedback from both delegates and Council members that more involvement would benefit the DAO. An example of this has been hiring. While it would have been nice to have the team manage all hiring, the Council wanted to make sure that senior hires were aligned with DAO interests - which means more time investment from the Council across a few workflows.
For the investment committee seat, we underestimated the amount of projects that would apply, and the current deal flow requires more meetings / reviews of due diligence materials. Each grant / investment requires a detailed memo, term review, and meetings to decide on the outcome - and we simply need more of our investment committee Council members time.

We appreciate @tamara’s call for a clearer breakdown and would recommend using the structure she has proposed. A visual representation (e.g., in Excel) of those responsibilities, initial, actual, and additional would provide much-needed clarity for all delegates.:

@tamara

1. Increasing comp
   What would help for decision making in my opinion is a clear breakdown as follows:
   • Initial responsibilities (aka what we thought the Council has to work on)
   • Actual responsibilities (aka what they are actually doing on a monthly basis)
   • Additional responsibilities (aka what they will be doing on top if this proposal passes)
   The above neatly formatted i an Excel would be a nice visual

Item 2: AF to send ARB instead of USDC to GCP
We have no concerns about this change.

Item 3: Change to the cadence of transparency reports from quarterly to bi-annually
We’re fine with this, provided the DAO still receives regular updates in the forum.

It might make sense to separate the compensation request into its own proposal for a proper discussion and not hold back the other requested changes. If there’s an actual increase in workload, asking for more compensation is fair—so long as it’s proportional to the additional responsibilities.

Thank you!