not approved
Paideia: DID based DAO membership
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳135,000
Percentage
Received
0.00%
Solution

By attaching DID’s to DAO membership the freedom for a malicious actor is limited further on chain, making a hostile takeover harder to perform.

Problem

DAO’s are vulnerable to hostile takeovers by malicious actors buying significant voting power. Quadratic voting partially solves this but is open to sybille attacks.

Impact Alignment
Feasibility
Value for money

Team

1 member

Paideia: DID based DAO membership

Please describe your proposed solution

In the Aiken contracts created in the previously funded Paideia proposal anyone with governance tokens can become a member of a DAO. In this solution we intend to build further onto these contracts, by making it optional for a DAO to require a DID to be attached to membership. A similar solution for DEX's has been proposed by Sundae Labs and is currently being worked on the Permissioned Pools project.

So allowing a DAO to define what requirements there are on membership giving the DAO greater control on who can become a member without fully limiting it to a whitelist.

Please define the positive impact your project will have on the wider Cardano community

The solution not only counteracts malicious actors, but also opens up for on chain governance where identity is important.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

I have worked on multiple Aiken based projects and other Cardano solutions.

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Fully research DID capabilities on Cardano to improve current knowledge and find best solution that fits our use case.

Deliverable: Report describing DID capabilities and conclusion, will be included in public github repo

Milestone 2: Make a specification for the implementation building on top of the basic Paideia contracts specification.

Deliverable: Full specification of intended implementation, describing validators, actors and transactions. Included in github repo

Milestone 3: Aiken implementation of the specification with working test cases to verify.

Deliverable: Short video explaining the code, any deviations from the specification (due to unforeseen problems) and running test cases + a link to github repo holding the code.

Milestone 4: Example off chain code implementation to run the Aiken contracts on test net.

Deliverable: Link to github repo + links to successful transactions

Final Milestone: Project close out report and video.

Should clearly describe how the deliverables have fulfilled the proposal.

Will be included in the github repo

Please provide a cost breakdown of the proposed work and resources

Milestones:

  1. 20000 ADA 2-4 weeks of work
  2. 30000 ADA 2-4 weeks of work includes budget for external feedback
  3. 50000 ADA 4-8 weeks of work includes budget for external feedback
  4. 25000 ADA 2-4 weeks of work
  5. 10000 ADA 1-2 weeks of work

No dependencies

How does the cost of the project represent value for money for the Cardano ecosystem?

Many organizations hesitate to relinquish control to a DAO because of the mentioned problems. With DID member based DAO's we can attract more DAO usage and in turn improve Cardano adoption. If this can prevent just one hostile takeover of an established DAO the prevented losses will likely exceed the cost of development.

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3m 24s
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    4m 3s
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    3m 48s
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    2m 16s
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    3m 14s
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3m 19s
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4m 59s
    Darlington Kofa
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