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SharkDAOSharkDAOby0xBd7Dbab9AEb52D6c8d0E80fCeBdE3af4CC86204Ajoshuafisher.eth

SIP 58 - Federation Voting Integration

Voting ended almost 3 years agoSucceeded

TLDR: Deploy Federation Contract and fund it with .5 ETH

Currently we delegate our Nouns to an individual so that the DAO can participate in Nouns governance. But interest has been expressed by the community to allow exercising these rights in a trustless manner.

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Federation was created to solve this problem. https://federation.wtf

Federation is a smart contract and web app that operates as an on-chain delegated voter. A Federation contract can be deployed and external voting rights can be delegated to it.

Members of a community can then vote on the outcome they would like to see for a Nouns proposal using Federation's voting interface. This all happens on-chain. By funding the the contract with .5 ETH we can set up an automatic gas refund for voters.

Other communities in the Nouns ecosystem are also using Federation. Including Gnars and Lil Nouns.

Federation would like to onboard SharkDAO free of charge. This will require deploying a new Federation contract for the DAO and delegating our Nouns to it.

Note:

Using Federation does not come with any risk of asset loss. The contract behaves as an on-chain delegated voter and cannot execute any arbitrary transactions. Federation can only cast votes against other DAO proposals.

For More Info: https://federation.wtf https://twitter.com/0xWiz_ https://github.com/nounish/federation

Off-Chain Vote

FOR
51.16M SHARK93.6%
AGAINST
248.52K SHARK0.5%
ABSTAIN
3.26M SHARK6%
Download mobile app to vote

Timeline

Feb 20, 2023Proposal created
Feb 20, 2023Proposal vote started
Feb 24, 2023Proposal vote ended
Feb 21, 2025Proposal updated