Edit: after an outpouring of support from the community telling me I'm a cheap cow, I've decided to up the rate a little: Following an suggestion by smooth, I will keep the basic rate at $30 an hour, but add 0.2 monero per hour on top. This gives me both the fiat indexing I'll need to sustain me, as well as something on top, which both protects donators' monero stash in case of a crash, and provides some upside if it climbs. Thank you everyone, you're the best :)
The new rate is thus: $30 + 0.2 monero per hour, current moneropric.es exchange rate is $43.85, which gives a total of 462 monero for the next three months. That amounts to about $38.6 an hour at current prices.
I finished my previous FFS about a week ago now, and after getting a very positive reaction on IRC, I'm going to leave my day job and work full time on Monero, for the betterment of all, including you donators (thank you!)
Given I'm not going to have my day job salary anymore, I'm going to index the milestone rate to fiat (and also say upfront that a large part of it may be sold for rent and food). Other than that, it'll be a similar thing as the previous FFS, but rolling, and per month, similar
- 3 milestones of a month each
- Each milestone will be X monero, equivalent to $30 an hour for a notional 40 hours a week, as given by moneropric.es on the day the second to last milestons is complete (leaving one milestone's duration to fund the next 3), or today ($45.65) for the first one, so 343 monero for the first 3 months
- this is to start on the 1st of july, through to september
I chose $30 an hour, which is a bit higher than my previous $26 rate, somewhat below other similar FFSes, so should be reasonable on donators. This might need changing later, we will see. I know moneropric.es gives a lower Monero price than the "spot" price, but that's intended
, since I will sell for expenses.
My time will be spent doing more of the same programming to make Monero better that I have done to date. One of the first things to be done will likely be N-1 of N multisig, after luigi1111 is done with the crypto design.