CalBlockchain

Proposal To Improve Governance Discussion and voting processes with Commonwealth

Voting ended almost 3 years agoSucceeded

Overview

Blockchain at Berkeley is partnering with Commonwealth to migrate Compound governance discussions to the Commonwealth platform. We are excited to support more transparency in the governance process by sponsoring this proposal on Commonwealth's behalf. This proposal aims to outline a plan to improve Compound’s current community governance discussion and voting processes. Adopting Commonwealth as the governance forum for Compound will increase governance discussion, engagement and transparency.

Commonwealth consolidates multiple community tools into one place by offering a fully crypto-native forum and voting interfaces (polls, Snapshot, and on-chain governance) all in one platform. Commonwealth is completely free to use and will soon be fully-decentralized.

We respectfully submit this proposal for your consideration, and we are looking forward to your questions and feedback.

Proposal

Migrate the current Compound governance forum from Discourse to Commonwealth.

Voting Options

In favor:

Migrate to Commonwealth

Against:

Do nothing

About Commonwealth

Commonwealth consolidates forum discussions, snapshot voting and on-chain voting into an all-in-one platform for decentralized communities to run themselves.

We power over 900 DAOs including dYdX 1, Stargate 1, Osmosis, Element Finance 1, Axie Infinity 1, and Redacted Cartel 1. Commonwealth has raised $20M+ from Dragonfly, Parafi, Polychain, Framework, Hashed, Nascent, Spark, Balaji, Stani, and others.

Compound Commonwealth 2 min Feature Walk Thru 5

Commonwealth Key Benefits & Solution

Hosting all community discussions, snapshot votes and on-chain governance on one platform improves access to information and reduced tooling friction
Linking previous forum discussions to their respective proposals improves voter education and transparency, enabling members to make informed decisions, thus increasing voter turnout
Enabling users to access all of their communities via a single interface and the consolidated user dashboard increases participation and allows users to easily stay up to date with current community governance initiatives
Ability to own your community platform for free and stop paying rent to web2 platforms
Robust token gating + wallet login helps prevent spam and social engineering attacks
High-touch customer service to quickly resolve any issues and implement new features, check out our roadmap at the bottom to see what we’re actively pushing
Ability to create separate, but linked subDAOs for more complex org structures

Commonwealth Transition Process

Migrating to Commonwealth takes a few minutes:

Download a back data dump of the Compound Discourse Forum
Commonwealth imports the Compound forum to Commonwealth (maintains all content, profiles and past activity)
Commonwealth integrates the Compound Governor Bravo governance contracts and Snapshot (creates bidirectional governance interfaces)
Community owned and run forum

For users, using Commonwealth is simple:

Link your wallet via Metamask or Wallet Connect
Join the Compound Commonwealth forum
Link the same email you used for Discourse to claim your old account
Begin discussions

Commonwealth Roadmap

Commonwealth is a Web3 platform working to empower Web3 projects.

We’re continuously building key features and workflows based partner feedback to improve DAO engagement, empower DAO growth and increase DAO success.

Upcoming Commonwealth Product Initiatives

Notifications
- We are building out more robust in-app, email, and push notifications. EPNS has already begun deploying governance notifications for Commonwealth activity.
Moderation
- We are enabling more complex community moderation functionality. This includes time-bans, rule logic for community roles, and spam prevention methods.
Common API
- Our soon to be launched API enables other tools and projects to tap into the social data from the Commonwealth platform.
Common App Store
- Roll out an app store offering full composability of DAO tools within a single interface. This will enable DAOs to process payroll, manage their treasury, create POAPs, etc. without needing to flip applications.