Hey guys, hope you are all doing great.
So one of our members @taekikz has put forward the option to go to a Moloch DAO format as opposed to a multisig format.
I have been reading up on these over the past few days, and although as it stands currently, i have no idea how to set one up, i do like the idea of it and think we should go to a vote on if we move forward down this path. I am going to put down a few points below and you can make up your mind from there. But to read one of the articles, please see this link: https://daohaus.mirror.xyz/U_JQtheSzdpRFqQwf9Ow3LgLNG0WMZ6ibAyrjWDu_fc
Governance power in Moloch DAOs takes two forms:
Voting rights – how much your voice matters in whether proposals pass or fail.
Economic stake, aka exit rights or “ragequit” – a direct claim on a proportion of the assets in the DAO treasury
Security Properties of Moloch DAOs:
Coordination Properties of Moloch DAOs:
Uniquely Beautiful Properties of Moloch DAOs:
So i ask you all, what path do we take. Moloch or no Moloch?