Conversation
I am curious: do you think that payout is reasonable?
No employee of any company gets a deal like that.
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I wasn't commenting on the payout, I was commenting on the fact that Scott had just unambiguously lied and that's not ok.
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Yep. I’m not here to comment on that.
As a separate point. I’m curious if you think this is a reasonable proposal?
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In general what % of a project do you think is reasonable to go to founders?
I mean if your answer is '0%, founders shouldn't get rewarded', that's fine, but wanted to check if that's true, or otherwise what % you'd say.
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Sushi has shown the best and worst of crypto and I think Sam / Alameda absolutely saved a project that is net positive to the ecosystem (5 BPS share to dex token holders is appropriate) the grants to Maki are insane. Maybe 10-15k sushi today (3 weeks of work) + 300k 24-36 mo vest
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to be clear what % of the project do you think should go to the founders? Please answer in a percentage.
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I don’t think a static percentage make sense for a project already at this scale where much of it was not built by the founding team, which is why I’m comping it in terms of a generous view on payment to be received for the scope of work + long term alignment. (1/2)
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what do you mean by "much of it was not built by the founding team"?
to the extent SUSHI is at large scale that part _was_ built by the founding team; to the extent it's just Uniswap's work then sushi wouldn't have value.
Much of the underlying uni was leveraged here as a base. I’m not saying sushi team built nothing, but it wasn’t the same lift as building this from scratch. The value adds built on top were very legitimate innovations/additions to the dex model.