Governator Project Season 3 Budget Proposal

@jameswmontgomery.eth here is my attempt to synthesize this proposal.

  • The MVP will be a bot on Discord; and ultimately, an application that will be able to accommodate the DAO wherever it should choose to migrate.

  • The app will provide discrete polling, which is useful not least because it will encourage a higher rate of voter participation.

  • The automation component of Governator will facilitate the coordination of the DAO and its members in a way that is reliable and easy to audit at scale.

  • The DAO will be able to customize the voting mechanics of the app.

a single Discord vote is worth 1x votes while a signed NFT membership vote is worth 10x

I believe you suggested the idea of using transferable or non-transferable NFT’s as a sort of Proof-of-Work mechanism. This would allow talented individuals who haven’t met the $BANK threshold to receive a vote weighted 10x that of a Discord vote.

Another interesting idea you mentioned briefly James, was time locked membership thresholds. So a Guest Passer can signal their long term value alignment with the DAO by locking up $BANK tokens. In turn they can participate as full Members with the same perks, privileges and governance rights that would entail.

in combination with quadratic ERC20 voting

I’m thinking this means Full Members may express their preferences in a quadratic vote on-chain. So, if a Member believes strongly in a proposal, they could indicate that by the amount of $BANK they choose to vote with.

The long term vision of the app is to provide the Governator coordination tooling to the broader DAO ecosystem; and, beyond…

Forgive me if I have in any way misrepresented the vision of the Governator project. This is simply my attempt at understanding what it is and what it will be.