Extend the DOLA Payroll Allowance

Forum Post: https://forum.inverse.finance/t/2-extend-dola-payroll-allowance/590

Summary

Authorize an additional 296,000 DOLA allowance for the contributor-payroll contract so that all active contributors can continue to receive compensation for the next 60 days while the DAO restructuring is finalized. This follows on from the previous 30-day extension approved 1 month ago.

Context and Problem

• Seasonal payroll model – The DAO traditionally funds contributor payments in fixed “seasons” (e.g., S3 → S4).
• Pause directive – At Nour’s request, working-group heads paused the transition to Season 4 pending a broader restructuring plan.
• Result – The dedicated DOLA allowance on the payroll contract has now depleted, halting payouts entirely.

Contributors deliver ongoing work that underpins core protocol operations, risk management, and development. It is crucial to continue compensation as it otherwise risks talent loss and operational disruption.

Extension Calculation

• Unclaimed payroll (expected at time of proposal execution) = 55,000 DOLA
• Monthly Payroll = 120,500
• Allowance required = 120,500*2 + 55,000 = 296,000 DOLA

On-Chain Actions

• Set DOLA allowance of the payroll contract to 296,000 DOLA