Summary 

This proposal requests the allocation of 775,000 $AGLD tokens from the AGLD DAO retroactive funding pool to Ashish Shrestha for backpay related to business development services provided over the past year starting May 2024 to now. This compensation recognizes Ashish Shrestha's voluntary contributions and aligns with the funding objectives outlined in AGIP-9.

Abstract

Ashish Shrestha is a Web3 business development specialist with expertise in networking, partnership facilitation, and ecosystem expansion. He has supported the AGLD DAO by attending key conferences, building relationships, and securing partnerships to enhance the Adventure Layer ecosystem. This proposal seeks backpay now that AGIP-9 has unlocked new tokens, enabling fair compensation without relying on prior donations or volunteers.

Background 

The AGLD DAO, governing the Adventure Gold token and the Adventure Layer, has historically relied on community volunteers and donations due to its fair launch nature. Ashish Shrestha began collaborating with AGLD in May 2024, providing pro-bono services including attending conferences (2024-2025) such as Token 2049 in Singapore and Dubai, Korea Blockchain Week, Devconnect Argentina, ETH Bangkok, and others; facilitating partnerships with entities like Berachain, Meteora, Qubit, Neuroverify, and many more; and executing BD strategies to drive integrations and growth. These efforts were unpaid, as token issuance was halted pre-AGIP-9 due to centralization concerns with the multi-sig contract.

AGIP-9, executed in February 2025, minted 15.5 million new $AGLD tokens and allocated 5% (775,000 $AGLD) to retroactive funding for past infrastructure and community work. This pool sustains operations for the next five years and requires separate proposals for distribution. With AGIP-9's successful passage and token transfer to governance, he is submitting this request to claim backpay from the retroactive funding wallet.

Motivation Key results for AGLD DAO: Fairly compensates past contributors, aligning with AGIP-9's emphasis on scaling beyond volunteers. Strengthens partnerships with experienced individuals like Ashish Shrestha for ongoing business development and growth. Enhances treasury efficiency by rewarding proven impact without depleting core reserves.

Key results for AGLD community: 

Boosts morale by recognizing community builders, encouraging more participation. Improves ecosystem adoption through continued support from skilled BD professionals. Sets a precedent for transparent retroactive rewards, fostering trust in governance.

This proposal leverages the newly unlocked tokens from AGIP-9, which addressed prior security issues by transferring contract ownership to Tally. I delayed submission until now to ensure decentralization and avoid any central party influence, as inflation implementation was halted until 2025.

Specification The proposed backpay totals 775,000 $AGLD (approximately 185,000 USD at current market rates), representing compensation for services from May 2024 to present valued at market rates for Web3 business development. This amount is 12.9% of the 775,000 $AGLD retroactive funding pool, leaving ample reserves for other contributors.

Upon approval: 

• Tokens will be transferred from the retroactive funding multi-sig wallet (as specified in AGIP-9 execution: e.g., the address holding 775,000 $AGLD for this category).
• Vesting schedule: None, all $AGLD tokens owed will be sent to wallet address within 5 days of governance approval. 
• Wallet address for receipt: 0x06C92a5A4c313D2601604a03483A28d7d9791E74
• Execution via Tally governance vote, with no additional smart contract changes required.
• This follows AGIP-9's decision-making process, where retroactive funding releases require a separate on-chain proposal. Until governance approves, no tokens will be moved.

Impact 

The execution of this proposal will positively affect key stakeholders: the AGLD DAO, Ashish Shrestha, and the broader Adventure Layer community. It ensures sustainable operations by compensating past work, potentially leading to increased partnerships, integrations, and ecosystem growth. Based on similar retroactive funding in other DAOs (e.g., grants yielding 2-5x ROI in network expansion), this could amplify AGLD's visibility and adoption. Ashish Shrestha's track record includes facilitating partnerships that enhanced connectivity, directly supporting FOCG and AI agent integrations on Adventure Layer.

Risks 

Allocating from the retroactive funding pool involves minimal risks, as the tokens are already minted and earmarked for this purpose under AGIP-9. Potential concerns include minor token dilution and market volatility affecting $AGLD value. These are mitigated by governance oversight and the DAO's control via Tally. No smart contract vulnerabilities are introduced, as this is a simple transfer from an existing multi-sig.

Proposal 

I invite the AGLD DAO to review this proposal, provide feedback on the forum (e.g., Loot-Talk), and vote in favor on Tally. This move honors the fair launch ethos while propelling the Adventure Layer forward. Approving backpay to Ashish Shrestha will incentivize high-quality contributions and demonstrate the DAO's commitment to its builders.

FAQ 

Who is Ashish Shrestha?

Ashish Shrestha is a Web3 business development specialist with expertise in networking, partnership facilitation, conference representation, and ecosystem expansion. I've worked with multiple DAOs, including AGLD, to drive growth and integrations.

Ashish Shrestha Social account - https://x.com/ashishsth7586

What specific services did Ashish Shrestha provide to AGLD? 

Services included attending conferences like Token 2049 in Singapore and Dubai, Korea Blockchain Week, Devconnect Argentina, ETH Bangkok, and more; facilitating partnerships with Berachain, Meteora, Qubit, Neuroverify, and many others; and executing BD strategies—all on a voluntary basis to help during the bear market.

Why request backpay now? 

I waited until AGIP-9's execution in 2025, which unlocked inflation and allocated retroactive funding. Prior to this, centralized control prevented secure token issuance.

What if the proposal fails? 

No tokens are released without approval, per AGIP-9. Ashish Shrestha will continue supporting the community voluntarily if needed, but will need to internally discuss moving forward, since no compensation will be issued for the work and other time focus proves more beneficial.

How does this align with AGIP-9? 

It directly uses the retroactive funding category to "incentivize full-time contributors and support operations," as stated in the proposal.

Who governs the retroactive funding? 

AGLD token holders via Tally votes, ensuring community control.

What's the long-term vision for retroactive funding? 

To sustain AGLD DAO and Adventure Layer for 5+ years, rewarding builders and scaling the ecosystem as per AGIP-9.