Amended Proposal: Flex Dapps Collaboration

On behalf of Flex Dapps, we are recommending the following proposal to the DAO (replacing the previous proposal floated on Discourse, with a few amendments). If DAO members are in favour of the recommendation, the proposal can be pushed to Snapshot to commence voting. The proposal must be then passed and pushed on-chain for engagement.

This proposal is a recommendation which is open to suggestions for any changes that members see fit. Members are able convey such suggestions in the comments thread below. If a change is deemed worthy by the DAO, the proposal can be updated before it is pushed for voting.

Summary
Flex Apps Pty Ltd (Flex Dapps) offers its services to the Tracer DAO (DAO) in order to work with the DAO on the development of a Keeper Liquidations Bot implementation, and a front-end for Tracer governance.

Remuneration
For the provision of these services, the following remuneration package is proposed to the DAO:

30,000 USDC immediately, to fund the development of the components; and

2,000,000 TCR Tokens (0.2% of supply), vesting linearly over 3 years.

Deliverables
If engaged by this DAO proposal to provide the services described in this Offer to the DAO, Flex Dapps will commit to provide the following deliverables:

A Liquidations Keeper Bot for the Tracer ecosystem;
Interfaces with the Tracer perpetual swaps marketplace to liquidate under-margin positions.
Configured via a CLI.
Corresponding test suite.

A governance front-end for the Tracer DAO;

In line with existing style guide and provided designs.
Functionality to parse current and past proposals, vote on current proposals, and create new proposals.

Commitments
If Flex Dapps is engaged to provide the Deliverables, it will:

For the first 6 months of its engagement, not:

Vote in relation to a Proposal using those TCR tokens received in connection with this Proposal; or
Commence an on-chain Proposal.

Flex Dapps will give the Tracer DAO right of first refusal to buy back TCR at the market price, should Flex Dapps decide to sell any TCR tokens.

Variation and Termination
Flex Dapps acknowledges that, if engaged, its engagement can be varied by future proposals.

Flex Dapps expects that any engagement will be terminated if they fail to deliver in accordance with the deliverables specified above.

Conflicts of Interest
In the context of the Tracer Project, conflicts of interest include:

Existing Service Providers who are Related Parties; and
Existing (vested and unvested) holdings of TCR tokens.

Flex Dapps wishes to declare the following conflicts of interest:

No conflicts of interest to declare.

Interpretation
Unless otherwise defined in this offer, all terms beginning with a capital letter which are defined in the Participation Agreement have the same meaning unless the context otherwise requires.

If this offer is accepted as a proposal under the Participation Agreement, Flex Dapps may more formally document aspects of that proposal.

Copyright Waiver
Copyright and related rights are waived pursuant to CC0.

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This is actually very palatable now - great work!

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I’m glad this is palatable for you Mark!

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Can you provide a sample of your front end work. Whats the amount of effort (roughly) in terms of labor hours for developing the liquidation bot.

current frontend gov.tracer.finance is 90% flex work.

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As per @patrick.lionsmane 's message, the site at gov.tracer.finance is the governance front-end referenced in the proposal. For more examples of our work, checkout our CV at www.flexdapps.com.

Refer to the correspondence below our original proposal for details regarding the amount of effort required to develop both components:

IMO the proposal looks great, good to see that negotiated items are included.

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Agreed, I am still a little queasy about the 2mil Tracer tokens, as I am afraid of selling tracer short since no one really knows the value. Alas, I reserve my thoughts and agree with the big brains here. all in all, great read and nice to see some fair negotiations.

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If DAO members are in favour of the proposal, it can be pushed through to Snapshot to commence voting.

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