Phill, I suggest we keep the expenses to a bare minimum, keep in mind that most of the folks around here mine with a single miner or two, and not so many of them will be willing to contribute, and thus we should keep the fees low enough for the minority of us to cover it, it's not that I wouldn't want to help the guy who missed the block, but we should set our priorities.
So the way I propose for this to go is by:
1- Collect $770 / 0.09
BTC, send this right away to the VPS provider so that we have a pool up and running for a good 6 months.
2- An address for pool funds, no minimum or maximum for that, we don't touch that address unless
a- 5 months passed and we need to re-load the server balance.
b- Someone loses a block gets 50% of whatever that is there.
3- An address used directly for donations to CK if he decides to keep the fees at 2% if he doesn't want to receive donations he may choose to change the pool fees to 5%.
Now to ensure that we always have enough funds for the server and POTENTIAL insurance, those who use the pool for group rentals such as but not limited to willi9974 and ailikun could start a "trend" of say 1% of whatever they collect for each round goes to the pool wallet.
My 2 sats.