
The Accountant Quits Podcast Episode 39 | Robin Ji from Liquifi on Token Based Compensation
In order to allow you to hire and retain the best talent to build your web3 company, having a sound token based compensation is crucial.
Resorting yourself to manually distributing and sending tokens is a painful process, and using excel spreadsheets runs the risk of making transfer mistakes or missing payments.
Token-based compensation is a new and powerful form of incentive alignment and is inherently different from traditional stock options compensation.
To help us understand token based compensation, I spoke with Robin Ji, the CEO and co-founder of Liquifi.
Liquifi is a platform that allows you to automate token distributions and track vesting schedules, and will save yourself time in managing your crypto payroll operations.
Topics covered;
- Robin’s story into blockchain and how Liquifi started (2:44)
- Differences between token based compensation and traditional equity (8:03)
- Designing a token compensation plan (11:34)
- Should all web3 projects have a token? (14:15)
- Should every DAO have a token? (18:00)
- Join web3CFOclub and network with high profile web3 CFOs (18:51)
- Benchmarks for token allocations for team, treasury & community (21:27)
- Token allocation strategy for the community (22:52)
- Token allocation strategy for the investors (25:17)
- What is Liquifi and overview of features (26:51)
- Onboarding process at Liquifi (29:23)
- Pricing structure of Liquifi (31:04)
- Difference between vesting & streaming tokens (32:17)
- How to manage token performance with token lock-ups (35:26)
- Main challenge for adoption is understanding token’s utility (37:10)
- Upcoming features/milestones of Liquifi (39:00)
Brought to you by
Web3CFOclub - A community of web3 CFOs sharing best practices around web3 financial operations
👉 Join now for in person events and grow your network at theaccountantquits.com/web3cfo/
Follow The Accountant Quits:
- LinkedIN: linkedin.com/company/the-accountant-quits
- Twitter: twitter.com/accountantquits
Follow Liquifi:
- Twitter: twitter.com/liquifi_finance
Follow Robin Ji:
- Twitter: twitter.com/robindavidji
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Website
For show notes and past guests, please visit theaccountantquits.com/podcast/
