DAOs #
Created: Aug 18, 2020 6:32 PM
- DAO Canvas (Business Plan to determine how a DAO should be made)
Note: We want to make a for profit DAO this relies on taxing or some form of monetization to people in or not in the DAO who are using a service provided by the DAO, this could be a tool, knowledge, etc.
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For Profit relies on funding coming in to the DAO and to a central bank where it then distributed or kept by the DAO
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Components
- Central DAO register( Allows voting , adding etc )
- Contract in control of voting
- What do people vote with? We need token.
- A bank in the form of a contract
- upgradeability? dtl
- wrappers
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Governance
Links: #
Governance Database
Govbase Governance Tool Database
Proof of Attendance- Quadratic Voting?
- Normal voting?
- Time based voting
Voting Categories
- Add Member
- Vote for changes
- manual updates
For Profit DAO #
Examples: #
The LAO
MetaCartel Ventures
Model Example #
An example of a for-profit dao and some the requirements needed.
- Money to pay developers
- Open participation in providing liquidity and earning yield
- long term upsides for founders
Steps: #
- Compile group of parties prior to dao launch , and launch dao with them as members
- Require deposits and issue shares as see fit
- Scope product and get quotes from developers
- Dao picks dev and approves proposal to pay for work, could be funds from treasury, shares, etc.
- Product is build and launched. The liquidity pool are only made from the DAO to start. This guarantees the early yield but is also a safety measure
- A predetermined time or event marks the removal of the liquidity pool contribution limits
- All non-DAO contributions are issued with a small tax.
Notes: #
Taxes incentives long term liquidity, immediately deposition and withdrawing would net a loss. Timing is everything, careful planning is needed to make sure that good traction is got before the liquidity pool is open that way there is a “moat” of sorts against a forked 0-taxed version.