world economic DAO forum || DT Weekly #31
the latest in DAO governance woes, world economic forum is giving DAO energy, meme of the week
hello again friends
welcome back to the DAO talk weekly newsletter, your one stop shop for everything DAOs.
check out the audio version of DAO talk below ⬇️⬇️⬇️
let’s get into the juicy DAO week that was!
🍌a cautionary tale in building resilient governance
tl;dr: elected banklessDAO official(s) rugged community by impersonating other members & allocating themselves $BANK (bDAO’s native token). this wasn’t a coordinape error or hack & 0xtomahawk has reiterated their love of coordinape as a funding mechanism (we agree), but a faulty governance process susceptible to sybil attacks. the DAO is already working on a fix.
check out the full internal incident report from the DAO here
🪟refining proposal processes & increasing transparency
punk4156 of nounsDAO fame with a fire thread on shifting DAO attention to proposals before they go on-chain.
“but that’s less transparent & where shady backdoor sh*t happens.” we agree. as 4156 says, we need more scrutiny at the pre-proposal off-chain level and luckily we have just the article for you ⬇️⬇️⬇️
expecting members to vote on every proposal is naive & simply doesn’t scale. so what’s the solution? check out “How to run a DAO on-chain without voting on everything” on mirror by tally CTO, Raf Solari
🏦 seeding DAO governance with juicebox funding mechanisms & Tally
note: there is no “tally DAO contract”, ellie means DAOs using open zeppelin’s governor contract to enable governance on Tally (confused? we gotchu: checkout this doc on OZ’s governor)
DAO talk studios is pumped to see users exploring innovative ways to seed DAO governance. juicebox enables users to crowdfund treasuries in a super easy, on-chain fashion. why not take it to the next level & spin up a DAO w/ functioning on-chain governance from that treasury? (more on this soon👀)
world economic forum releases DAO toolkit
the world economic forum (yes, that one. the big one. the one that your normie friends know) released an epic report/toolkit on DAOs. it’s giving validation and we love it 💌
⚖️ the governance token paradox
what’s DAO talk without some mention of governance financialization?!?
chase brining the DAO twitter heat as usual! check out the replies & jump into the convo.
🤌 meme of the week
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see ya next week!
your friendly neighborhood DAO talk bois