Authors; @jengajojo
Editors: @ernest_of_gaia @Icedcool @links
Affiliation: None
Funds requested: 249,500 BANK + rewards program
Department wallet: TBD
SUMMARY
Department Description
The Governance Department stewards the governance conversation in BanklessDAO. The goals of the Department are:
- Governance ops
- Ensure that all governance operations abide by consensus on snapshot or forum
- Ensure that once proposals pass, that the constitution is updated
- Ensures that proposal templates are up to date and easily accessible
- Ensures that the dao governance processes are clearly stated
- Ensures that membership rights and benefits are clearly stated
- Ensure that the DAO operations follow the constitution
- Transition the Handbook to be formatted as a Constitution
- Ensure the updating of the constitution
- Assist Units in the dao with understanding the Constitution
- Ensure smooth process flow
- Governance strategy
- Sense the governance bottlenecks in the DAO and suggest changes
- Adapt the governance process for faster execution, sybil resistance and resistance to governance attacks
- Assist the DAO in identifying it’s north star
Past activities
The DAOStewards project held regular governance meetings in the amphitheatre on mondays to collect feedback from the community on the state of governance and possible solutions to address some of the challenges in this area. Governance Department is an idea which came out of these conversations
MISSION & VALUE ALIGNMENT
The design space of governance is answering these two questions:
- Who makes decisions?
- How are these decisions made?
Good governance helps assure the DAO that decisions are made in a way which generates engagement and ownership over those decisions from the highest number of contributors. No org can hope to succeed long term without good governance. We will use these resources [one, two] as inspiration while building the department
FINANCIAL IMPLICATIONS
Budget Breakdown
Role holders: 149,500
Bounties 100,000
Governance Rewards Program [Poll Below]
Compensation Breakdown
Role | Calculation | Budget |
---|---|---|
Department Lead: | 7000 BANK/ week x 13 weeks | 91000 |
Admin | 2000 BANK/week x 13 weeks | 26000 |
Rewards Program Manager | 1500 BANK/week x 13 weeks | 19500 |
Accountant | 1000 BANK/week x 13 weeks | 13000 |
Bounties | 100,000 |
SEASONAL KPI
Factor KPI | Success | Metric |
---|---|---|
Governance updates | # number of proposals | #≥1 |
Governance rewards | # number of unique participants | #≥10 |
FURTHER DEPARTMENT CHANNELS
Department Notion Page: TBD
Working agreement: TBD
Poll/grid capturing the guild affiliation of active community of outgoing season: TBD
Any other organisational information of interest:
Role Descriptions:
- Department Lead
- Ensure that the department fulfils its overall mandate towards the DAO
- Allow individual contributors to stay up to speed at a higher frequency than async updates.
- Moderate discord channels in order to: Minimise silos and Encourage collaboration.
- Co-Represent the department during DAO Community Calls
- Welcome & direct new members.
- Facilitate weekly department meetings, moderating meeting flow & agenda
- Coordinate all activities in the Governance Department
- Admin
- Own end to end notion and discord administration
- Create agenda template and record meeting notes
- Accountant
- Create the seasonal budget
- Create and record all Tx according the accounting principles followed within the DAO
- Rewards Program Manager:
- Work with the department to ideate and test different strategies for governance mining rewards
- Suggest a program outline for the next season based on
POLL
1. How much BANK shall we allocate towards a Governance Rewards Program in S7?
- 250,000 BANK
- 500,000 BANK
- 750,000 BANK
- 1,000,000 BANK
0 voters
2. Which tools would you advise we use for the rewards program?
- Thrive Coin for active commenters and proposers
- Coordinpe for all governance participants on forum
- Fixed rewards per forum post or comment
- Rank contributors by engagement of their forum posts
- Other options [comment below]
0 voters
NEXT STEPS
- Create department channels and notion page
- Elect role holders
- Design and deploy a governance rewards program
POLL
Do you accept the formation of a governance department and funding it with the ask as outlined in this proposal?
- Yes
- No
0 voters