Request for Feedback - Interim Governance Framework

Governance
1

Requesting comments: Interim Governance Framework

Voting on a BanklessDAO Proposals

Proposals are required for:

  • All requests for BANK/Treasury funds except for the following
  • Changes to any governance or any other ratified framework.

Voting Eligibility Criteria

  • BanklessDAO members
  • Bankless DAO Junior members

Member:

1 wallet address that Holds all of the following

  • Holds 35K BANK (or an NFT that represents 35K BANK)
  • Has agreed to the code of conduct
  • Shows proof of Banklessness (Holds a Season Pass or Bankless Badge)
  • Holds 1 of the following Inner Circle Partner Citizen NFT
    • Verified Chippi
    • DAOpunks
    • ?Pooly
    • LIST

Junior Member:

1 wallet address that

  • Holds a Proof of Banklessness (Holds 1 Bankless Boarding Pass)
  • Has agreed to the code of conduct
  • Shows proof of being a Bankless Citizen (Holds a Season Pass or Bankless Badge)
  • A Partner Nation NFT
    • UniswapDAO
    • ArbitrumDAO
    • OPDAO
    • Aavegochi
    • ZKSync
    • ENS
    • Decentraland
    • Lido
    • LIST

What counts as a vote:

1 vote from 1 eligible wallet address

How are votes counted:

1 vote is counted as 1 vote

How long is the voting period:

14 - 28 days

How are voting results calculated?

Majority >51%

What is voted on:

  • Requests to Change the BanklessDao Governance Framework (RFc)
  • Requests for BANK distribution (RFb)

How will a vote be announced?

A minimum of 72 hours in advance through all relevant announcement channels and social media channels

What happens with the results?

The results are calculated, announced and any changes from the results are made (see expected impact area of proposal)

Requests for Changes

The following covers request for Change the BanklessDao Governance Framework (RFc) and Requests BANK distribution (RFb)

(Post cannot be edited)

(Post should not contain links)

Purpose: To signal community sentiment on a proposal

Title: “RF(c OR b) - [Your Title Here]”

Timeframe: Minimum 7 days ; Maximum 14 days

Posted to:

Each Proposal gets its own thread within specific category that it is applying:

  • Governance
  • Grants Committee

Questions: (should be the same as the ones that gained support in the RFF Phase).

Multiple choice: (choose 1)

Yes

No

abstain (but it count towards majority)

Poll Type:

1 vote = 1 vote

RFC: Request for Change - Governance

Proposals requesting a change to the current Governance Document(s)

(USE THIS AS A TEMPLATE)

Title:

Authors:

Date Created:

Date Posted:

Expected impact areas:

SUMMARY

In a few bullet points or sentences, summarize the change this proposal looks to bring to the Governance Document(s)

SCOPE

Why is this change needed?

What problem will this proposal solve?

List specific examples of the problem

SPECIFICATION

How will this proposal solve the problem?

How long will it take to solve the problem?

SUCCESS METRICS

Has the problem been solved?

CURRENT VERSION: Wording now

PROPOSED CHANGE: Wording of proposal is passed?

AFFECTED CHANNELS: What areas will be changed if this proposal passes?

  • Please note it is your responsibility to make sure these changes are implemented

ACTION ITEMS IF PROPOSAL PASSES

List next steps if proposal passes

NEXT STEPS

  1. [fill out a ___ form] using the RFC template.

  2. The Governance Dept will create a thread for this proposal within the #governance-channel and tag the writers on this.

  3. Phase 1: Request for feedback (RFF)

  4. Create a post in your channel using the RFC template.

  5. Attach a poll

  6. Phase 2: Request for BANK (RFC)

  7. Create a post in your channel using the RFC template.

  8. Attach a poll

  9. Grants Committee Review

Phase 1 Request for feedback - Request to Change Governance (RFFc)

Purpose: To bring education and awareness of the proposal to the community and provide the opportunity to gather and apply feedback about the proposal.

Title: “RFF - [Your Title Here]”

Timeframe: Minimum 7 days ; Maximum 14 days

Posted to:

Each Proposal gets its own thread within specific category that it is applying:

  • Governance
  • Grants Committee

Poll Type:

1 vote = 1 vote

Questions:

Multiple choice: (choose 1)

yes

no

abstain (but it count towards majority)

Phase 2

Request for change BanklessDAO Governance Documents (RFc)

(Post cannot be edited)(Post should not contain links)

Purpose: To signal community sentiment on a proposal

Title: “RFc - [Your Title Here]”

Timeframe: Minimum 7 days ; Maximum 14 days

Posted to:

Each Proposal gets its own thread within specific category that it is applying:

  • Governance

Questions: (should be the same as the ones that gained support in the RFF Phase).

Multiple choice: (choose 1)

Yes

No

abstain (but it count towards majority)

Poll Type:

1 vote = 1 vote

Request for BANK (RFb)

Proposals requesting a BANK will be reviewed and voted on by the BanklessDAO Grants Committee if majority vote is in favor of the proposal.

(USE THIS AS A TEMPLATE)

Authors:

Editors:

Date: include year, month, day

BANK: amount of BANK requested

Project Wallet Address:

Eth:

Polygon:

OP:

Arb:

Safe addresses:

Summary

Sum up this proposal in a few bullet points or sentences.

BACKGROUND

Tell us the background and origination of this proposal.

  • How did it start?
  • Why are you making this proposal?
  • What problem or opportunity does this proposal target?
  • What are the driving factors behind why you think this is a good idea?

MISSION & VALUES ALIGNMENT

  • What is your mission, vision and values?
  • How does this project help the DAO achieve its mission and align with the Bankless values?

SCOPE OF WORK

What is within scope for this proposal?

SPECIFICATION

Explain the project in detail. The more exact numbers and implementation details, the more likely the proposal will be approved. Include squad details such as

  • Roles (e.g. Dev, Project Manager).
    • Rights of the role holder
    • Responsibilities of the role holder

IMPLICATIONS

This is where the squad can request rewards for their expected contributions to the project, including any work done to scope the project and create the proposal.

  • Include details about distribution requirements.
  • Include a detailed breakdown that explains how the BANK will be distributed.

BRAND

Tell us about your brand

  • What is your brand?
  • What does your brand represent?
  • What do you see for the future of your brand?
  • What NFT best describes your brand?

Bankless NAME/BRAND USAGE

If using the Bankless name, explain in detail what that looks like.

  • Include how you will use the Bankless name/brand

  • Where you will use the Bankless name/brand

  • How you will represent the Bankless name/brand

  • How long will you use the Bankless name/brand for

  • How you will give back to the Bankless community for using the Bankless name/brand

  • Please note that if using the Bankless name/brand we ask that you limit other partnerships to one’s that Bankless currently is partnered with or require an audit of the potential partnership.

SUCCESS METRICS OR KPIS

  • What does success look like?
  • What is the timeline needed to succeed?
  • How will you measure success?
  • How can success be monitored?

SQUAD BACKGROUND AND BIOS

Tell us about you and your squad!

  • What do you do?
  • What projects have you worked on?
  • Are you associated with other Guilds or DAO or organizations?
  • What NFT would best describe you?

LINKS

Notion, discord server, Website, Twitter, Linktree, zapper

ACTION ITEMS IF PROPOSAL PASSES

List next steps if proposal passes

NEXT STEPS

  1. [fill out a ___ form] using the RFb template.

  2. The Grants Committee will create a thread for this proposal within the #grants-committee channel and tag the writers on this.

  3. Phase 1: Request for feedback (RFf)

  4. Create a post in your channel using the RFb template.

  5. Attach a poll

  6. Phase 2: Request for BANK (RFb)

  7. Create a post in your channel using the RFb template.

  8. Attach a poll

  9. Grants Committee Review

Phase 1 Request for feedback (RFf)

Purpose: To bring education and awareness of the proposal to the community and provide the opportunity to gather and apply feedback about the proposal.

Title: “RFf - [Your Title Here]”
Timeframe: Minimum 7 days ; Maximum 14 days
Posted to:
Each Proposal gets its own thread within specific category that it is applying:

  • Governance
  • Grants Committee
    Poll Type:
    1 vote = 1 vote
    Questions:
    Multiple choice: (choose 1)
    yes
    no
    abstain (but it count towards majority)

Phase 2

Request for BANK (RFb)

(Post cannot be edited)
(Post should not contain links)
Purpose: To signal community sentiment on a proposal
Title: RFb - [Your Title Here]
Timeframe: Minimum 7 days ; Maximum 14 days
Posted to:
Each Proposal gets its own thread within specific category that it is applying:

  • Grants Committee
    Questions: (should be the same as the ones that gained support in the RFF Phase).
    Multiple choice: (choose 1)
    Yes
    No
    abstain (but it count towards majority)

Poll Type:
1 vote = 1 vote

  • temp check - Do you agree to adopt this interim Governance Framework?
  • yes
  • no
  • abstain

0 voters

2

  • Why is the title of this post Request for Comments yet there is a poll which asks for agreement to adopt the framework?

  • Why does the poll include this an option? I assume it is meant to be the question. It’s not valid the way it is.

temp check - Do you agree to adopt this interim Governance Framework?

  • Why is there no rationale provided for the proposed interim governance framework?

  • What is your rationale for the proposed interim governance framework?

  • If this interim framework is adopted, how long would you anticipate it being in place?

  • What governance strategy would be pursued following the adoption of an interim framework?

  • Why have you not sought any feedback or collaboration with other DAO contributors in proposing this framework?

  • Why are members separated into two categories if both have equal voting rights?

  • Does the Season Pass refer to the planned pass associated with tlBANK? If so, why is there a need to specify Junior members? Are you suggesting that people who do not hold the BANK token can vote on DAO proposals?

  • How did you choose the Inner Circle Partners and Partner Nations?

  • What code of conduct would the wallet address need to agree to?

  • How would you verify that the code of conduct has been agreed to?

  • What is a Bankless Boarding Pass?

  • Does Bankless Badge refer to the Bankless HQ subscriber badge, or something else?

  • What “BanklessDAO Governance Documents” would be changed as a result of a successful RFc?

  • Do you really expect that people will understand this framework without any contextual supporting information from you?

I voted NO and I urge other bDAO members to do the same.

11 Likes
3

This is a rather confusing post. As far as I know, and correct me if I’m wrong, this seems more like a temp check. We use Discord to contuct temp checks, and it would be much easier to get ongoing feedback there using a Google doc.

The initiative seems well intentioned, and I can see value, but as @Trewkat shows, there are a number of points that need clarification. The poll is also confusing… it seems to have the title of the poll as one of the options?

The most confusing part is that you’ve titled it “Request for Comments…” then gone on to list various types of RFx templates, of which Request for Comments isn’t one.

Overall, I love your initiative and drive, but think this would be better placed in the Discord governance channels until we have clarity on all of the issues raised by Kat.

1 Like
4

I hear what you are saying. This is requesting comments/asking for feedback. Temp checks were done in the server, but that switched somewhere along the lines and are now being done on the forum. I have updated the title

5

OK I had no idea the feedback process was taking place on here now.

In that case I’d recommend using a more generalised and open poll for the feedback stage.

  • I agree and would vote yes
  • I agree, but needs amendment - comments below
  • I don’t agree - comments below
  • I suggest something different - comments below
6

Just to be clear, feedback isn’t some sort of governed, gated process. You can gather consensus however you like.

Consensus building usually happens in iterations. You show a few people your work, get feedback, make changes, show a few more people, and repeat. The forum is one of many ways to gather consensus.

5 Likes
7

Thanks! I will add that in

8

For anyone interested in following the discussion, the responses to my questions were posted on a different Forum post, here: Audit of the Governance tools and procedures of BanklessDAO: Emergency Protocol - #54 by Sprinklesforwinners

9

Sorry.
Hi @Trewkat
I did my best to answer these

Why is the title of this post Request for Comments yet there is a poll which asks for agreement to adopt the framework?

  1. To also gauge sentiment. And comments on the poll itself. NFThinker gave me a great one.

Why does the poll include this an option? I assume it is meant to be the question. It’s not valid the way it is.

  1. It shouldn’t. I must have done something wrong.

temp check - Do you agree to adopt this interim Governance Framework?

Why is there no rationale provided for the proposed interim governance framework?

  1. I should have referenced my previous post regarding the consolidation of administrative privileges and control over our server, our work and .

What is your rationale for the proposed interim governance framework?

  1. My rationale is a combination of things. Our governance is editable, and has been edited. Until we see what has or hasn’t been changed, it makes sense to me to have something simple in place

If this interim framework is adopted, how long would you anticipate it being in place?

  1. Until there is something that has been voted on to replace it. The governance Dept is working on this (as you know)

What governance strategy would be pursued following the adoption of an interim framework?

  1. I would say decentralized good governance, but if you factor in Bankless then it is more of a decentralized hybrid model.

Why have you not sought any feedback or collaboration with other DAO contributors in proposing this framework?

  1. I am currently asking for feedback.

Why are members separated into two categories if both have equal voting rights?

  1. Right now voting rights are not equal. The more BANK you have the more say that you have. That shouldn’t be the only thing that counts. This adds those other layers in.

Does the Season Pass refer to the planned pass associated with tlBANK?

  1. It can, but doesn’t have to. That is why I incorporate BANK in any form.

If so, why is there a need to specify Junior members? Are you suggesting that people who do not hold the BANK token can vote on DAO proposals?

  1. Yes, just as Guest Pass holders can vote now. But their vote only matters if it is 1 person 1 vote. This way, their vote can be counted for more than that.

How did you choose the Inner Circle Partners and Partner Nations?

  1. I chose the first thing that came to my mind. I was doing it quickly. Feel free to call it whatever you would like.

What code of conduct would the wallet address need to agree to?

  1. I am open to suggestions. I believe the legal Guild is working on one. There is Discords that everyone has already agreed to. Something bDAO specific could be added.

How would you verify that the code of conduct has been agreed to?

  1. It could be written as an article or an NFT. To collect it, you sign the transaction

What is a Bankless Boarding Pass?

  1. Another thing that I thought of - I probably heard something like this before and it sounded right. It doesn’t matter what the name is.

Does Bankless Badge refer to the Bankless HQ subscriber badge, or something else?

  1. Yes it refers to the Bankless HQ badge

What “BanklessDAO Governance Documents” would be changed as a result of a successful RFc?

Do you really expect that people will understand this framework without any contextual supporting information from you?

I am not that great at explaining things. A great explanation would be nice.

11

I’m interested to see which accounts voted for yes and if they are active members or users we already know in the DAO. Otherwise, I wouldn’t trust this results and its highly making me doubtful what’s going on.

@Sprinklesforwinners would you mind providing the backend results for this please? Thanks.

3 Likes
13

Possibly, we could look alternatives to this process for voting.

14

Governator would be a good project to support. It just doesn’t have enough resources to get it to a place we’d hope for it to be.

15

Hi @Steff this was just a request for feedback, so the poll results were just to gauge sentiment.

16

Although the sentiment was overwhelmingly not there and not split as it is now.

17

As a temp check, moving this to general.

18

Thanks @Icedcool . I understand that means that you edited the heading. I am okay with that because It is you. There are 4 admins. 1 I have never heard of before.

19

I also wonder if even though it is a temp check, it should stay. It is a temp check for Governance. I am going to move it back for now. As it is just a temp check.