BasketDAO Advisory Panel

Assemble a team of DeFi veterans of various expertise and reach to build an ecosystem of index-related products

BasketDAO
2 min readApr 14, 2021

Advisor

An advisor either:

  • is a recognized authority in a relevant topic who we can talk to and bounce ideas off
  • is well-connected enough make these said arrangements

Topics include but not limited to:

  • Tokenomics
  • Governance
  • Growth (biz-dev & partnerships)
  • Future products
  • Community management

Compensation

Advisors will receive a signing bonus of 20 BASK, streamed over 2 weeks. Each advisor will also receive compensation as protocol reaches certain milestones:

  • TVL $250M on DefiLlama — 75 BASK
  • TVL $500M on DefiLlama — 200 BASK
  • $BASK Price $2500 on Sushiswap — 75 BASK
  • $BASK Price $5000 on Sushiswap — 150 BASK

The milestone is considered reached when the target is observed for at least 1 month. Should all milestones be reached, each advisor would receive minimum $2.5M total compensation.

Sponsored by yours truly — BasketDAO Treasury 😘

The team has been hard at work bootstrapping the initial liquidity for our first product to validate our assumptions about this market. This has been a success, we will now move to solidify our position in this market and produce the ecosystem it’s asking for.

We’re in a few talks already, and we’re open to a few more.

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