Mentors’ compensation varies between €150-200 per hour for the mentorship packages. Each speed mentorship event aims to include 10 mentors who receive €150 for their valuable time and expertise. It’s important to note that within the mentorship packages, we have included an overhead margin to cover the necessary support and preparation required by both mentors and our team for each package.
Regarding the timing of our proposal, we made a commitment to our mentors to commence working with founders at the beginning of the year. Delaying the proposal by 45 days until the governance process concludes would mean that, in the best-case scenario, we might secure funding in March. As of now, the initial outline of the Celo Governance Proposal does not specifically address improving accountability measures. Nevertheless, we want to assure the community that we are fully committed to enhancing our accountability.
To further demonstrate our commitment, we have introduced milestone-pending funding through Hex Trust and have involved trusted figures from the Celo ecosystem in our advisory board and as mentors. These steps are aimed at ensuring transparency, accountability, and the responsible use of community funds.