ApeCoin DAO Salaries: Controversy and Community Reaction

Community Outrage Over Salaries

In a move that raised eyebrows and tempers, leaders of the ApeCoin DAO have found themselves in the hot seat after disclosing their monthly salaries. Ranging from a modest $7,000 for creating an org chart to a jaw-dropping $104,000 for ‘being special’, community members didn’t hold back on social media. One user tweeted, “If only the salaries justified the work, we’d all be millionaires by now!”

The Breakdown of Salaries: What Are They Worth?

Here’s the shocker – according to the newly released chart, jobs at the DAO come with some hefty price tags:

Creating an org chart: $7,000
Managing a forum: $24,000
Supervising everything: $27,000
Being “special”: $104,000

These figures have led to a divided community. While some are nodding off in disbelief, others reason that if these roles are carried out correctly, the sums might be justified. But let’s face it, $100k to moderate a forum? Someone get this person a cape!

Delegation of Duties: A Role with Responsibility?

Responding to the backlash, board member Yat Siu took to Twitter to explain that the compensation reflects the serious responsibilities of their roles. He drew parallels with executives in mid-cap companies, arguing that the risks and liabilities related to managing a multi-billion dollar DAO are substantial. That’s true, but let’s just hope the ‘special council’ isn’t spending all day eating artisanal croissants while the numbers tumble.

Reality Check: Disconnected from the Average Joe?

Comments from community members suggest a growing discontent with perceived disconnect between the DAO’s leadership and everyday users. One member quipped, “How about a reality check? The average US salary isn’t even close!” As critical voices grow louder, it seems many community members believe the council must do more to earn their keep. Perhaps a little context on what is being achieved (or not achieved) would soothe the growing unrest?

The Future of ApeCoin DAO: Will They Adjust?

As the controversy simmers, it’s clear that Dao has some decisions to make about compensation structures. Will they adjust salaries to align better with community expectations or continue on their current path? The clock is ticking, and this could be one of those ‘make it or break it’ moments for the ApeCoin ecosystem. Remember, transparency is key – and by “transparency,” we mean clear responsibilities and performance metrics posted for all to see!