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Volatility ProtocolVolatility Protocolby0x67084D7FE5e1f7d0E76299b795877B51f8cfC3100x6708…C310

Should the DAO create and distribute POAPs?

Voting ended over 4 years agoSucceeded

Overview

In an effort to drive community engagement as well as implement a low risk test of the DAOs governance mechanics as they are built we want to issue POAPs. The DAO will create and distribute collectable POAPs to key members of the community.

What Can the POAP Do?

The POAP is just a cool way to gamify participation (e.g. its an NFT badge for taking part in this process). However, they could be used by the DAO in other ways in the future. Other use cases are outside the scope of this proposal.

Creation of The POAPs

We will create a multi-sig Gnosis safe. Three Volatility Group members and three community members will be signers. Community members were selected informally in Discord on the community call. They are:

  • Tap.eth
  • Nakamomo(Ɛ, 3)
  • KΞVIN

There will need to be 4 signatures to approve anything. Volatility Group will fund the safe. The exact amount will be discussed on a community call. This safe will be in charge of the following:

  • Create and fund bounties on Gitcoin for POAP art. Bounties will be open for 1 week. Anyone can submit art. Winning art will be selected by the community with a vote.
  • Create and mint POAPs.

Minting and Redeeming a POAP

POAPs will be minted on xDAI and can be claimed by whitelisted wallets. The user claiming the POAP will need to pay for gas. As described in Creation of POAPs above we will try and subsidize minting.

Starting POAP Categories

POAPS will be given out for the following (more categories can always be added later):

  • Founding Participant - Contributing in the Discord, Forum, and/or on a Community Call. The Community needs to find a way to safely whitelist wallets (Perhaps we use collab.land?).

  • Governance - Participating in a governance vote prior to August 25th 2021.

  • Liquidity Provider - Providing liquidity on Sushi or Uniswap and staking those tokens. Tokens must be staked for a minimum of 2 months.

  • Staker - Staking VOL tokens for a minimum of 4 months.

  • Miso OG - Any address that participated in the MISO sale.

Voting

If you vote YES then all of the above will be implemented.

If you vote NO then the above will not be implemented.

Off-Chain Vote

YES
1.44M 99.5%
NO
6.58K 0.5%
Download mobile app to vote

Timeline

Aug 25, 2021Proposal created
Aug 25, 2021Proposal vote started
Aug 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated