Extend Lodestar Finance to EIP-4824

• This is a DAO proposal by community member Amanwithwings posted on our forums linked below.

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Introduction

Hi all! I'm Aman, reaching out on behalf of DAOstar to discuss Lodestar Finance's adoption of EIP-4824.

This proposal does not involve any transfer of funds or smart contract changes.

The Challenge

The absence of a global DAO interface has held back the ecosystem for a long time. New DAOs, DAO frameworks have zero visibility on aggregators; tooling providers have a hard time integrating with different DAO architectures; there is no comprehensive, self-maintaining registry for DAO data, etc. EIP-4824 solves these issues by providing a method for DAOs to self-publish information irrespective of their architecture or the chain they exist on.

What is EIP-4824?

EIP-4824 allows DAOs to publish their data on-chain through a daoURI, similar to the tokenURI concept in NFTs. It helps access data on DAOs from a single on-chain location managed by the DAO. A daoURI can contain a description of the DAO, URIs to proposals and voters, a contract registry, and any other info the DAO wishes to add.

The standard has already been adopted by Snapshot, Aragon, ShapeShift, Unlock, etc. The DAOstar initiative is funded by the Arbitrum Foundation, Optimism Collective, Ethereum Foundation, ENS DAO, and other projects. The Arbitrum Foundation grant we won recently to assist DAOs in onboarding to EIP-4824 will bear the technical cost of developing a daoURI for Lodestar Finance.

The Request

To align Lodestar DAO with the DAO ecosystem and to take one step closer to interoperability, we request adopting EIP-4824.

Adoption is a simple transaction to deploy a new smart contract and store Lodestar Finance’s daoURI. DAOstar will build a daoURI incorporating feedback from the Lodestar Finance team and community.

In summary, this is an extremely low-risk proposal that’ll take us one step closer to true interoperability within the DAO ecosystem. This proposal does not involve any transfer of funds or changes to Lodestar’s smart contracts.