The high salaries of the ApeCoin DAO management have sparked dissatisfaction within the community, and board member Yat Siu clarified that the compensation design is reasonable
ChainCatcher news, ApeCoin DAO secretary Vulkan posted an organizational chart on Twitter, detailing the salaries of the DAO leadership. The image shows their monthly salaries ranging from $7,000 to $75,000, with one Twitter user describing such salary levels as "crazy" and potentially "burning money."In response, ApeCoin DAO board member and Animoca Brands co-founder Yat Siu tweeted that the compensation paid by ApeCoin DAO was initially designed to correspond with "the responsibilities and obligations of the positions," and at that time, the closest examples found were those of directors in publicly listed companies.Siu stated that due to factors such as risk and responsibility, the salaries of directors vary, with higher compensation in different industries, and pointed out that the cryptocurrency and Web3 industries carry many risks and responsibilities. Siu believes it is somewhat unfair to compare the salaries of ordinary workers with those of positions serving a DAO like ApeCoin, which is valued in the billions. (source link)