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 Review If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes. Website For show notes and past guests, please visit theaccountantquits.com/podcast/