Ryan Sean Adams (RSA) and David Hoffman (David) are jointly proposing a growth consulting and strategic advisory service for Tracer DAO.
Both of us have played an instrumental role in building thriving DeFi communities and propagating core narratives in the space. As advisors, we would apply our community building, media strategy, and narrative building skills to propel the growth of Tracer DAO.
Additionally, we believe Tracer DAO will need connections, allies, and partnerships, both in the DeFi ecosystem and in the traditional world. Our work as Media producers of the Bankless podcast (1 million downloads per month) and the Bankless newsletter (80,000 subscribers) has given us an extensive network of relationships across exchanges, funds, media, and influential individuals. As advisors, we can lend this network to help with introductions and advice.
We believe strongly in a bankless future.
We also believe DeFi needs a strong and capital efficient derivatives market such as those found on centralized exchanges. To date, centralized parties haved dwarfed DeFi perpetuals products by all measures. We believe Tracer DAO has an opportunity to change that by building a decentralized perpetuals primitive that surpasses centralized alternatives and brings us closer to a more bankless future.
For the provision of our diversification efforts and services, we request:
3,500,000 TCR vested on a pro rata basis over 91 weeks, starting on the day that this proposal is executed; and
50% of the above TCR remuneration will be provided to RSA and 50% will be provided to David.
Remuneration to be provided to addresses:
RSA Address (RSA.eth): 0xe9d18dbfd105155eb367fcfef87eaaafd15ea4b2
David Address: 0x9f8D8096489d7d0e1A1051ABa87D34024447b7e3
If we are engaged to provide the services described in this Proposal, we will provide the following:
- 1 hour per week of consultation to the Mycelium team in connection with its development of Tracer;
- Private advisor channel with response to requests for assistance in 48 hours; and
- Regular presence in the Tracer DAO community
- We, RSA and David, acknowledge that, if engaged, our engagement can be varied or terminated by future Proposals. However, this termination is limited to 2,000,000 TCR which relates to my advisory efforts; and
- We expect that any engagement will be terminated if we fail to deliver in accordance with the Deliverables specified above.
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.
We, RSA and David, wish to declare the following conflicts of interest:
- Angel investment in Lyra Finance - RSA.
Any advisory service provided by RSA or David will not provide Tracer DAO any unearned access to Bankless related podcasts or newsletters. Bankless editorial decisions are merit-based only.
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, we, RSA and David, may introduce more formally documented aspects of the Proposal.
Copyright and related rights to this Proposal are waived pursuant to CC0 1 1.
- RSA and David
[Ryan Sean Adams] is a crypto investor, advisor, & co-founder of Bankless. He’s an open finance maximalist who propagates the message of financial sovereignty. His mission is to onboard the first billion people to crypto through memes, media, and education.
[David Hoffman] is an advisor & co-founder of Bankless, a content studio with a newsletter, podcast and YouTube channel focused on education on how to live a life without banks.