P-002 ACCEPTED: Funding of Tezos Domains Core Team in 2023

Voting period

7 days


X Request for action


This proposal provides funding for developing and operating the Tezos Domains project for the core team for 2023. The Core Team behind Tezos Domains has spent significant resources on the project in 2023 and respectfully requests funding to cover the accrued expenses in 2023 per Article II of the Tezos Domains DAO constitution.


The Core Team behind Tezos Domains is a group of dedicated professionals who developed Tezos Domains and have been managing the development, operations, and maintenance since the project’s inception. The development of the project has been possible with the support of the Tezos Foundation. The last grant payment was in 2022.


During 2023, we launched Tezos Domains DAO, including the TED token. We have transferred the entire project’s treasury, including the proceeds from the IDO, under the DAO ownership.

Treasury Breakdown

  • The cumulative revenue from Tezos Domains as of 31th of October amounts to 791,674 tez.
  • We only used the treasury to pay for expenses related to community management and legal fees associated with setting up a DAO. The core team’s development and operations costs for 2023 were not covered by the treasury. The treasury expenses as of now are $65,790.
  • After accounting for the IDO proceeds and our hedging of a portion of the treasury at the beginning of this year, our treasury’s total value stands at 994,607 tez ($737,899) at the current exchange rate.

Core Team 2023 Budget Summary

Calendar Year 2023
January to October
       Compensation $334,303.00
       IT (Infra, Subscriptions) $22,526.49
November to December
       Compensation $24,000.00
       IT (Infra, Subscriptions) $4,505.30
       Contingency (15%) $5,030.35
Expenses $390,365.13

Responsibilities of the Core Team in 2023

Development of New Features

We have introduced new features requested by the community:

  • Bulk secondary market operations (canceling offers and withdrawing buy offers),
  • New user experience for domain registration in bulk
  • Other secondary market improvements, such as activity feed and viewing listing on domain details
  • Automatically sending notification about domains via Mailchain

Majority of our focus was on the launch of the TED token and the Tezos Domains DAO:

  • Creating a fair system for token distribution in the airdrop. Both automatic and manual countermeasures against airdrop exploitation (Sybil prevention) were used requiring a deep analysis of historical blockchain transactions.
  • Designing and developing a delegation feature with historization of voting power. Our TEDv token contract has been adopted by Homebase for new DAOs thanks to its functionality unique on Tezos.
  • Developing a token vesting contract supporting unlimited amount of claims (enabled by a custom Merkle tree implementation), auxiliary vesting tools, and integration with the app.
  • Creating a new reward distribution system (Governance pool) including associated smart contract, indexing, and UI development, all tied to the new voting token (TEDv).
  • Working with Inference who delivered an independent security audit of all smart contracts we developed this year.
  • Close collaborative efforts with the Homebase team, facilitating delegated voting on their platform.
  • Engaging with exchanges, market makers, and the Tezos Foundation to ensure a smooth and successful token launch.

As always, all newly developed code has been made open-source so the whole ecosystem can benefit.

Operations and Maintenance

  • Ensuring high availability of all key services including:
    • Public Tezos Domains API and Indexer used by the app and other projects in the Tezos ecosystem
    • The Tezos Domains App and Website
    • The Tezos Domains e-mail and Mailchain notification service
    • Our in-house Tezos nodes (public RPC nodes, private archive nodes)
    • .xyz DNS registration Oracle
    • Content server for the decentralized web feature using the tez.page domain
  • Ensuring compatibility with new protocol upgrades
  • Continuous bug fixes, maintenance, and dependency updates for the Tezos Domains app and the public client libraries.

Marketing and Communication

  • Close collaboration with an external marketing agency promoting Tezos Domains and TED token launch.
  • We appeared on various blockchain and Tezos related talk shows to promote Tezos Domains and the TED token, broadening our reach and impact
  • Cultivating project awareness through strategic partnerships and integrations.

Roadmap: What’s Next in 2023

We are planning new additional features to be implemented in the rest of 2023:

  • List of favorite domains
  • Leaderboard of public delegates
  • More supporting features for delegates (people delegating to you)
  • Other UI improvements driven by community feedback
  • Tezos protocol upgrades as needed

Funding Forecast: 2024

For the year 2024, we expect expenses to be around $139k. Budget for 2024 will be proposed separately, with payments to be divided quarterly. The projected ongoing revenue is $188k based on the last 3 months of domain registration fees. New significant feature development can be funded with separate grants based on community interest.

About the Core Team

The Tezos Domains team has been working together for more than ten years on various large-scale projects. We have been successfully developing and maintaining Tezos Domains since 2020.

Various members of the team have worked on other infrastructure projects in the ecosystem, most recently the selective indexer framework Dappetizer.


Provide funding for expenses incurred in 2023 to the Core Team wallets to be paid 50% in USDT and 50% in XTZ calculated from the going rate at the time of payment:

  • Fund tz1bvQPvmkmYY84XCtr9PQVQGkakp6bkhk2G in XTZ with the equivalent of $195,182 from the on-chain treasury
  • Fund 0xa0e7309662235aA0722A2C99cD8735975ebAd1E6 with 195,182 USDT from an account held by the Tezos Domains Foundation.

This proposal has been created on Homebase after meeting all ACTIVE criteria.

Vote on P-002: Tezos Homebase
Vote Ends: Nov 10, 2023 4:45 PM UTC

Proposal Passing Requirement (Request for action): 50%+ Yes votes, 10%+ TEDv quorum


As requested by the community, here is more information about our team developing tezos domains for this year 2023.

Our team consists of:

  • Founder/Project Lead (Part-time)
  • Tech Lead, Product Lead (Full-time)
  • Backend Developer/Data Analyst (Full-time)
  • Full-Stack Developer (Full-time)

Awesome Team ! LFG Tezos Domains!


As requested by the community, here is more information about our infrastructure costs.

Our infrastructure costs consist of:

  • Nearly 20 servers (redundant instances of core services ensuring high availability for mainnet and ghostnet) ~ $18,5k
    • Tezos Node Archives (Indexers)
    • Tezos Nodes Rolling (RPC)
    • TD Api + Indexer
    • TD Governance Api + Indexer + DB
    • TD Content Server + IPFS Gateway
    • Monitoring (Grafana+promeheus+alerting)
    • Build tools
  • SaaS DBs ~ $1,9k
  • SaaS services on public cloud ~ $200
  • Emailing ~ $150
  • SaaS Networking (Loadbalancer, domains) ~ $500
  • Team collaboration software subscriptions ~ $950
  • Discourse forum subscription ~ $315

Changing proposal to ACTIVE, assigning P-002 and locking original post from further changes.

Voting details have been added to the OP.


Pinging all @Delegates :slight_smile:


Do we have repositories on github ?

1 Like

Just voted. For those who haven’t pls check

New Proposal Tezos Delegators

1 Like

Statement on proposal

I recommend this proposal be voted down for the following reasons:

  • It would empty half the treasury
  • Approximately $100k salary per developer is too high given i) the low activity in the project 2023 ii) the numerous delays (> 1 year) iii) the low grade of compensation/reward awarded to community while awarding team 20% of TED allocation iv) the 20% TED allocation team has already received as compensation for their efforts


  • It is understood team’s work was funded in 2021 and 2022 by a grant from Tezos Foundation (TF) amounting to approximately $400k a year
  • This grant was not given because it was not applied for, for 2023, due to not thinking it would still be ongoing (as per team member in discord)
  • Team was working without compensation from treasury, as per discussion in discord late September this year, and were clearly not expecting to get funds from treasury at that point. It was also evident from the discussion in context of objections to huge team token allocation, that team was counting on IDO to provide some of these funds for their work.
  • The proposal at hand is seen as coming out of the failed application/grant, the disappointing TED token performance (of which team was warned repeatedly by OG members), and as opportunistic because the treasury is the only place in the project where funds are at this time.
  • I want team to have a fair compensation for their work so far as possible with funds available (I think everyone does), but it is not thought the $400k is a fair point of reference for the discussion, as it seems to be set arbitrarily simply from the fact that a similarly sized grant had been given from TF previously.
  • I want to remind the team that those of us who invested heavily into domain names have already lost a lot of funds on this, and I feel there is a low grade of respect towards this from team.

It is recommended proposal be voted down and negotiations entered into with team to receive a more fair compensation given the overall situation. $60k is proposed as a full-time developers salary (averaging based on total amount for 3.5 employees) as point of reference for these negotiations.


Please check https://developers.tezos.domains/ :wink:


Dear all,
Just voted YES, even if I quite agree with Pretoro on the treasury to be preserved… but the team needs encouragement!
Just one point: I don’t see the communications in the What’s Next, which should IMO be part of it.
Cheers from Paris
PS. By the way, pretoro.tez is available :blush:


You can submit a counter proposal with all the changes needed.

Bumping to retain and develop interest

Confirming result for P-002

(note: times shown are EST)