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BanklessDAO Dashboard

total proposals
80
avg participation
5.77%
total token supply
1B
unique token holders
6,088
met quorum
Met Quorum100%
met support
Met Support76%

Delegates

3
View all
0x1CC214f8E3a9977c0019BaB3EF8103Db50C0CCf9
0x1CC2…CCf9
Trusted by:
0xd03E…CaAc
0xB64943f4F26D837cEEAc96CAE86d1bAB23A3414d
0xB649…414d
Trusted by:
0x5c2B…91b9
icedcool.eth
icedcool.eth
Trusted by:
0x0125…C61a

Proposals

80
View all

Season 9 Seasonal Funding - Late Items

Title: Season 9 Seasonal Funding - Late Items Proposal Champion(s): Links, Paulito Date: Sept 20th, 2023

Summary

For the Season 9 Seasonal funding round, 2 projects and 1 guild missed the initial seasonal funding snapshot. The BanklessDAO Grants Committee requests 1,659,200 BANK to be transferred from the BanklessDAO Vault Multisig (eth:0xf26d1Bb347a59F6C283C53156519cC1B1ABacA51) to the Grants Committee Multisig (eth:0x12BD9048b419838e25046040Dcd297aB16850280) to fund these DAO units for Season 9, as per Section 7.1 of the BanklessDAO Constitution,

Specification

Guild Funding = 459,200 BANK

  • Project Management Guild = 459,200 BANK

Project Funding = 1,200,000 BANK

  • Global Events = 900,000 BANK
  • Making Bank = 300,000 BANK

Grand Total: 1,659,200 BANK

Approve

0votes
0%

Reject

0votes
0%

Abstain

0votes
0%
7 days ago

Tokenomics - Approve DAI Capital Efficiency Strategy

Squad: Treasury Department Date Created: 12.06.2023

TLDR:

BanklessDAO treasury has 14,693.416 DAI sitting idle Deposit DAI in BanklessDAO’s Rari Fuse pool and earn 6.53% APY

BACKGROUND

After migrating DAO liquidity to Uniswap V3 in early 2022 [here 1], the DAO was able to create a Rari Fuse pool to enable BANK holders to borrow against their BANK.

What is Rari Fuse?

Winverse wrote a nice piece about it in the 4th June, 2022 issue of the Weekly Rollup(here), but in short Rari Fuse allowed the DAO to create its own money market. [link]

SPECIFICATION

If approved, the follow transaction will be initiated

BDAO multisig would submit a deposit transaction into the rari fuse contract

The treasury department will monitor this position and submit a proposal to withdraw when it is no longer feasible to earn yield from this strategy.

This proposal grants the Treasury Deptment the right to deposit the aforementioned funds into the Rari pool from, and the right to decide and execute the withdraw of such funds back into the DAO multi-sig when judged to be appropriate and necessary for economic or risk considerations.

Risks and disclosures:

  • As with anything in DeFi, this strategy is vulnerable to smart contract risks
  • The strategy is also vulnerable to loss of value resulting from by high slippage trades triggered by high volatility black swan events
  • The rari front end may go down, although this can be mitigated by interacting with the smart contracts directly. The Treasury Department will monitor this and be prepared to exit.

Approve

0votes
0%

Abstain

0votes
0%

Reject

0votes
0%
9 days ago

Seasonal Meta-governance delegation to DAOStewards.eth

Summary:

This proposal seeks to renew DAOStewards as the official meta-governance group of BanklessDAO for Season 9, enabling the BanklessDAO Vault Multsig to delegate eligible governance tokens to DAOStewards upon request. DAOStewards will report back to the DAO at the end of each season and propose to renew the delegation.

Background:

Bankless DAOStewards is a meta-governance group formed in late 2022, with the goal of representing BanklessDAO in the governance of other DAOs. Through effective governance, the reputations of DAOstewards and BanklessDAO grows, which translates into revenue for BanklessDAO and its projects.

Since inception, we have helped BanklessDAO and its projects earn over 130,000 OP via Optimism, claim 701,275 Collab.Land tokens, and have otherwise helped steward $30,000 to DAO-related projects and affiliated contributors via public good projects such as Gitcoin, DAO Drops, and clr.fund.

We hold delegated voting power from both the Vault and the DAO’s contributors, and have actively participated in the governance of multiple DAOs, including Optimism, Arbitrum, Safe, and Uniswap. Our voting rate remains over 80% and we always communicate our voting rationale via our Notion page 1.

Mission & Values Alignment:

DAOStewards have a proven track record of helping BanklessDAO projects earn revenue, thus enabling contributors to be focused on the mission of helping the world #goBankless.

We lead with Bankless, our members are among the most value-aligned contributors in the DAO. In the coming season we will incorporate tlBANK as a requirement for our governors, thus further aligning our relationship with BanklessDAO and its values.

Scope of Work:

In practise this will have the following implications:

If ratified, DAOStewards will receive delegation of all delegatable governance tokens for Season 9.

DAOStewards will regularly report its voting activity and other wins during the weekly Community Calls.

DAOStewards will post a report of its activities at the end of each season and seek renewal of delegation from the DAO.

If the proposal gains consensus on Forum, DAOStewards will receive delegation of all possible governance tokens for S9 and the consequent implementation will be included in the seasonal spec subject to community approval each season

DAOStewards will incorporate tlBANK into its membership and compensation structure.

Financial Implications:

There are no immediate costs associated with this proposal.

Success Metrics or KPIs:

Revenue raised for BanklessDAO and its projects Voting weight

Squad Background:

Current active contributors of DAOStewards include:

Baer.eth : L2 member, Project champion: Bankless wallet, active governor at SAFE, 1inch

Links: L2 member, Project champion: Bankless Card, active governor at SAFE

HiroKennely: L2 member, Project Champion: Bankless Publishing, active governor at Optimism, A

Thinkdecade: L2 member, Project champion: Bankless Africa, Active governor at Optimism, SAF

LiviuC: L2 member, Active governor at Arbitrum

Jengajojo: L2 member, Project Champion: IMN, Global Events, DAOStewards, Governance Dept coordinator, Active governor: SAFE, Optimism, Arbitrum, Gitcoin, 1inch, AAVE, VITA

Approve

13Mvotes
78%

Abstain

1Mvotes
8%

Reject

2Mvotes
13%
23 days ago

Grants Committee Election for S9 and S10

Title: Grants Committee Election for S9 and S10 Author: raybankless.eth Forum Post: Governance Election: Season 9 - Grants Committee Election Submission

SUMMARY

According to the BanklessDAO Constitution, there are three seats open for the Grants Committee for the next term (Season 9 and Season 10).

Members stepping down

  • raybankless.eth
  • daolexa
  • p8ul.eth

Election:

You can get more information about this election and see all applications here: Governance Election: Season 9 - Grants Committee Election Submission

In summary these are the 2 candidates by their Discord handle:

  • Paulitobankless
  • Ornellaweb3

The voting system is weighted voting. You can distribute your vote to as many candidates as you wish and also choose the weight on it.

Paulitobankless

6Mvotes
36%

Ornellaweb3

11Mvotes
63%
1 month ago

Historical Governance Participation

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