Hire BoringCrypto (me) as Lead Architect for Sushi

Sushi and me

For the last 4 months I’ve worked pretty much full-time on Sushi. From the exciting start, through the drama, through the migration, through the low times of an ever declining Sushi price to the exciting road ahead we have now.

Some of my contributions to date:

  • Did the first and only test migration on Ropsten testnet
  • Created https://app.boring.finance
  • Identified the problem with SushiMaker and fixed it (serving of USDT was broken)
  • Took over protocol maintenance from SBF and team. Created tools to manage the MasterChef contract through the TimeLock and multi-sig wallet effectively.
  • Championed and organized the Menu of the Week system
  • Proposed and implemented emission reduction schedule
  • Implemented 2/3 lockup (even though I wasn’t a fan of this solution :P)
  • Invented and created BentoBox and the BentoBox Lending solution
  • And I’ve been helping out in the discord and discussing many proposals on the forums, writing some Medium post to inform the community, etc.

Role

While working on BentoBox I’ve developed my vision of where I think we can go as Sushi as I have laid out in this post: https://boringcrypto.medium.com/bentobox-to-launch-and-beyond-d2d5dc2350bd

If the community at a high level backs this vision, then I’d love to turn this vision into reality in the role of Lead Architect for Sushi. This role would involve the following:

  • Setting a roadmap for core Sushi development
  • Vetting the roadmap with the community
  • Delivering on the roadmap together with the core team and many great contributors
  • Helping/guiding any “side projects” to create the best integration with the core Sushi protocol
  • Communicating the planning and progress made and incorporating feedback

In terms of hard skills, my focus will be on:

  • Designing, writing and optimizing the Solidity code
  • Standardizing and optimizing of coding patterns within the full stack

I will NOT be doing the “people management”, such as hiring, firing, etc. These responsibilities lie with 0xMaki and the community. I will work collaboratively with the current core team as well as the many great contributors we have.

Qualifications

  • Coding since 1982. From optimizing assembly for the Pentium dual pipeline, via large enterprise databases, through 3D engines to making embedded systems play the Imperial March.
  • Built a CEX from scratch focused on security and transparency in 2018 (great tech, no users…)
  • Founded, ran and sold a shopping related website (1.5M unique visitors/month)
  • But mostly, you can look at my contributions over the last 4 months to Sushi

Quarterly Performance check

Every quarter I’ll put up a proposal on snapshot to end my role as Lead Architect. If the community is not happy with my performance, this will be an easy way for the community to move in a different direction.

Compensation

First I’d like to point out that with the rising price of SUSHI, I do believe the core team is currently a bit overpaid. Although we have to keep in mind that a large part of this is the reward for believing in Sushi when things weren’t going great and sticking with it and taking a risk. This risk should be rewarded.

Since I’ve been part of this ride since the beginning I feel it’s fair that I would receive compensation in line with the other members of the core team (or the compensation of the core team should be adjusted, which I would support).

Poll

Please vote yes if you:

  • Agree with my vision for Sushi
  • Think I’m the right person to implement this vision
  • Think I should be compensated in line with the other core team members

Just vote no if you disagree with any of these… thanks :slight_smile:

  • Yes, let’s go!
  • No

0 voters

1 Like

Would love to have you on the team! :grin:

I think you are right, the compensation needs to be reviewed but I don’t think we can cut the salary of the early core member. Unless they all decided to do so, which I doubt, this will not be ethical to do so.

I’m still working on the hiring guideline. I would say it’s 70% done.
I hope this will help and officialize everything with you. :relaxed:

5 Likes

Long time sushi community lurker here! How does being compensated as a core team member affect your fees for BentoBox? This seems unaddressed.

9 Likes

I’m happy to reduce my salary by 50% of the fees I receive from BentoBox. Keep in mind that I’ve barely received any compensation for the last 4 months of work (37k SUSHI total, most at a time when it was worth like $0.60. Of that I used 10k SUSHI to pay Keno and Johan for their help on BentoBox). If BentoBox generated enough fees, there will be no need for Sushi to pay me. This was already my plan, but I didn’t want to focus on this too much in the post.

4 Likes

Thanks for addressing this. But I would disagree with “Barely compensated” = 37k SUSHI = ~$103,000 for 4 months of work, which is higher than the annual base USDC salary for I believe most of the developers. Also aren’t Keno and Johan also compensated separately by the treasury already?

I don’t see core team taking fees from the protocol so this complicates this proposal.

4 Likes

The community is the architect lel

1 Like

The majority of it (25k) I received at $0.67 on the 20th of October.

Anyway, it’s not about the money. I’d rather that the entire team gets paid less (I think the salaries should be fixed in USD, but part can be paid in SUSHI).

I’ve been in this with them since the start and I’ve kept SushiSwap technically afloat at the protocol level behind the scenes and turned Sushi from a vampire clone into a protocol that does innovation with the introduction of BentoBox. (And with this I don’t want to take anything away from all the hard work that the core team and the wider community have put in.)

There is no argument that I would be paid differently than other OGs. So the only reason to pay me less would be that I brought less VALUE to Sushi. If the team or community values me less than other team members, than I’m not interested…

7 Likes

I don’t think the comments above are suggesting whether or not you are equal to core team members. I think everyone would unanimously agree you are. The comments are asking about the BentoBox fee situation and how it relates to a potential salaried team member. I agree having both would be somewhat extractive and confuse the current understandings of grants. Also I thought BentoBox was a fixed grant that you proposed with a bonus fee, I might be behind on the news regarding this new fee.

1 Like

The other option is to backpay me for services rendered and 100% of the fee I make from BentoBox will be deducted from my salary.

Thanks Boring for your decision to be full time dedicated to Sushi. I remember very well that the community was disappointed when it was not possible to have you hired in the past at the beginning. Finally we have this chance.

I fully support the compensation package in line with the core team.
Its clear that your contribution until now demonstrate your competence, dedication, loyalty and synergy with the rest of them. And, from the new revenue/profit stream point of view, your contribution is, at least until now, several times higher than anybody else (core team or contributors or else).

I will never forget that you was considered a core team member by the community during the very difficult times, due to your dedication and availability to fix any issues, propose major improvements, fast delivery of any promise you made, just few months ago. You took immediate excellent actions (detail proposals, corrections, etc ) for the future of Sushiswap and you are the architect already of the 2nd main revenue/profit stream (BentoBox). All this without being a founder or core team. All this in less than one month, as side jobs.

I am sure having you full time will add huge value for all of us, innovative things in the next 6months-1year that I (we) cannot even imagine (who thought about something similar with bentobox -concept-pla-ncode-delivey in 3 months for ex.?).

I do think everybody who followed Sushi from the beginning knows you, read your comments, post, witnesses you fast reaction to help /improve, your strong commitment for efficiency, deadlines and constructive approach.

PS I will like to have also Zippo in the team

Thanks and best wishes,

Edward

4 Likes

Now that I think about this a little more…It’s somewhat strange that the lead architect would receive a fee for a specific product. Wouldn’t this incentivize the architect to only architect around his product? :sweat_smile:

1 Like

Keep up the good work Boring!

2 Likes

I had the absolute pleasure to work closely with Boring on BentoBox.
I appreciate his vision and dedication to place SushiSwap on the landscape of the DeFi ecosystem. What I believe will allow SushiSwap to differentiate itself from the competition is constant innovation.
What differentiates a good from a great developer is the ability to design and envision this future. Nobody could deny this quality for Boring.
Apart from his technical qualification, he is also someone to easily get along with. Someone who hunts for the best solution regardless of whether it was his own or proposed by someone else.

3 Likes

Well, even if that was the case, and it worked, that would mean a huge revenue stream for xSUSHI holders :wink: And if the community isn’t happy, I’ll try to fire myself every 3 months… :wink:

1 Like

Well Joseph brings up a good point. There may be other protocol expansions or innovations or partnerships now or in the future that play to CFMM strengths more that are ignored if the architect has financial incentive to only promote a specific product

1 Like

I agree that it doesn’t make sense to get fees + salary. I think that we can find a good middle ground here as I agree that Boring has been working a lot in the last month on Bento.

1 Like

Boring is the REAL DEAL.

Not only has he been substantially contributing to SushiSwap since day one, but he’s also been on-hand over the entire course to solve problems as they arise and in an efficient manner. That’s without even discussing BentoBox, which alone will bring an enormous amount of additional value to Sushi holders, and strategically position Sushi towards a great 2021. Most importantly he had the courage to do it, publically, while knowing the world is watching. This quality should not be underestimated. He would be a great asset to SushiSwap.

5 Likes

this might be the controversial item on (or actually, not on) this proposal. I’ve seen the bentobox compensation proposal shift multiple times from the beginning, which is normal for any project, but seems more a reflection of character and as Joseph above put it “extractive”. It seems the ask just keeps getting bigger and bigger, this is why I’m a no until this item is resolved. All other points Boring brought up I’m a yes for- he’s more than qualified.

3 Likes

I can tell his proposal and implementation of the emission reduction and 2/3 lockup was very effective to stop sushi price further dumping, not even mentioning the BentoBox yet. He is really passionate about those solutions and working so hard to bring it to production. In my opinion he deserves to be paid for all his contribution. I support the proposal.

2 Likes

I’m a no (for now! You said if there’s anything we have a concern with we pick no) due to bentobox fees which have been left off. Also title? Titles imply hierarchy, while Borings ideas have been great I don’t think SushiSwap should be constrained to a singular vision, the power has always been in the community and to find and onboard other great people like Boring. Nobody currently has a title so not sure why we’re starting now other than “core contributor”. My .02 sushi!

3 Likes