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#token compensation

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Paying Employees and Advisors in Crypto Tokens: What Companies Need to Know
Coins•

Paying Employees and Advisors in Crypto Tokens: What Companies Need to Know

Key Highlights Token-based compensation must clearly define allocations, establish separate timelines for vesting versus delivery, and explicitly account for project delays or launch contingencies. Employers must adhere to federal wage mandates, worker classification rules, and securities exemptions such as SEC Rule 701 before granting token incentives to employees or advisors. Tax treatment hinges on IRS ...

bOSMO Bug Depletes Collateral Backing, Prompting Compensation Plan for Token Holders
Coins•

bOSMO Bug Depletes Collateral Backing, Prompting Compensation Plan for Token Holders

Key Highlights A single redemption transaction burned 776,000 bOSMO and initiated the unbonding of roughly 1.3 million OSMO to prevent continuous, overpaid contract drains. Affected token holders captured in the block 72,237,940 snapshot will receive automatic compensation at a rate of 1.1174 OSMO per bOSMO once unbonding concludes around late October. Liquidity providers face ongoing ...