Author: jengajojo
Date created: 17 Feb, 2023
Date posted: 20 Feb, 2023
Funds requested: 800,000 BANK
SUMMARY
Department Description
Mandate:
- Steward the governance conversation in BanklessDAO
- Update and maintain governance docs and constitution
Scope of work:
Based on a prioritisation exercise which was conducted we identified the following action items for S7:
- Update governance docs
- Revamp constitution
- Kickstart governance incentives
- Conduct micro experiments in guilds and projects
As well as long term goals which are:
- Clarify the mission of BanklessDAO
- Upgrade and maintain Governance tools
- Identify and implement a framework for mitigating governance attacks
- Maintain governance docs and constitution
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. The Governance Department is an idea which came out of these conversations. We have been running weekly meetings
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
Title | BANK |
---|---|
Role holders | 130,000 |
S7 WorkGroup Comp | 400,000 |
Long term work group comp | 100,000 |
Governance Rewards Program | 100,000 |
Bounties and misc | 70,000 |
Compensation Breakdown
Title | Calculation | BANK |
---|---|---|
Department Lead | 7000 BANK/ week x 13 weeks | 91000 |
Admin | 2000 BANK/week x 13 weeks | 26000 |
Accountant | 1000 BANK/week x 13 weeks | 13000 |
S7 WG | 100,000 BANK/WG x 4 WGs | 400,000 |
Long term WGs | 100,000 | |
Bounties | 70,000 |
SEASONAL KPI
Factor KPI | Success | Metric |
---|---|---|
Governance updates | # number of proposals which pass quorum | #≥1 |
Governance rewards | # number of unique participants | #≥10 |
FURTHER DEPARTMENT CHANNELS
Department Notion Page: here
Any other organisational information of interest:
Role Descriptions:
Disclaimer: all actions are limited to Gov Dept category in the server
- Department Coordinator
- Assist 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 in the governance category
- Co-Represent the department during DAO Community Calls
- Welcome & direct new members in the department
- Facilitate weekly department meetings, moderating meeting flow & agenda
- Coordinate all activities in the Governance Department
- Admin
- Oversee end to end notion and discord administration for the department
- 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
Roles selection:
For the first iteration of the Governance Department, roles are filled using a sesh poll. Here is link for the selection
NEXT STEPS
- Test governance rewards program with thrivecoin
- Continue weekly syncs and sub-groups to tackle governance challenges
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