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by toast0 1104 days ago
$3.4m of work divided by how many moderators = probably insulting to pay them would be my guess. Sure, the work and value isn't equally distributed.

Send thank you cards, annual gifts, maybe some sort of exclusive-ish discount program (a lot of corporations get employee discounts to large advertisers, maybe you could extend that to moderators at some minimum level of effort)

Maybe some token stock grants, if you can find a way to make that not a giant hassle.