not approved

Electing Roles for Terms DAO Agora Effect

₳83,750.00 Requested
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Community Review Results (1 reviewers)
Impact Alignment
Feasibility
Value for money
Solution

We propose an easy way to conduct snapshot-style votes to elect officials, then publish an Agora Proposal to ratify and publish these decisions on-chain.

Problem:

DAOs and tokenized communities on Cardano lack an easy way to elect officials for terms, and publish these credentials on-chain.

Yes Votes:
₳ 37,340,685
No Votes:
Votes Cast:
293

[SOLUTION] Please describe your proposed solution.

We propose a two step solution to allow for flexible elections to be facilitated and documented on-chain.

The first step includes snapshot-style off-chain voting. This type of voting is extremely flexible, and allows for lots of unique election conditions, like rank choice voting, multiple winning outcomes, and bulk elections for multiple positions.

The second step includes ratifying these decisions on-chain via a single Agora proposal. The community is able to confirm the decisions that were made, and opt into the new chosen government.

This results in a highly flexible system that is not constrained to the limitations of Agora, while also publishing the decisions made on-chain in a trustless and decentralized way.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community.

Many projects in Cardano already use some sort of role system, whether it is a constitutional committee, admins, or any other form. These roles often play an important role in governance, like approving proposals before they go to a community-wide vote, or granting permission to propose a specific type of proposal. This project aims to:

  • Decentralize & standardize the election/appointment process.

  • Create a trusted & formal system any project can use to democratically elect members to roles.

  • Enforce terms & future elections

  • Prevent stagnation by enforcing optional terms on roles, limiting the amount of time one user stays in a role without being re-elected.

  • Overall, these outcomes have a positive impact on the Cardano community because they result in projects across the ecosystem being held to democratic standards.

    [CAPABILITY & FEASIBILITY] 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?

Ability to Deliver:

Our team has a proven track record of delivering on proposals within the Cardano ecosystem, as demonstrated by our past participation and successful outcomes in Cardano Project Catalyst. Notably, we have succeeded in delivering on the Clarity DAO Infrastructure proposal passed in fund9. <https://projectcatalyst.io/funds/9/f9-daos-less3-cardano/clarity-dao-infrastructure>

Here's how our team ensures high levels of trust and accountability in project delivery:

Experience and Expertise:

  • Our team members possess extensive experience and expertise in their respective domains, including decentralized governance, smart contract development, UI/UX design, and Cardano ecosystem integration. We have been working in the Cardano governance niche since 2020, and have shipped multiple products that help Cardano communities.
  • We have a deep understanding of the underlying technology and best practices, enabling us to make informed decisions and deliver reliable solutions. Our team includes core contributors to the Agora Protocol and Cardano domain experts who help ensure project delivery.

Transparent Communication:

  • We provide weekly development updates, transparent progress reports, and hold interactive sessions to address questions, gather feedback, and ensure alignment with project goals.

Commitment to Documentation:

  • Our team produces comprehensive documentation, including technical specifications, user guides, and project reports. These are all made public for streamlined user adoption and to make it easy for stakeholders to review and verify the project's progress.

Adherence to Best Practices and Standards:

  • We follow industry best practices, adhere to established standards, and conduct thorough testing and security audits to ensure the reliability and robustness of our solutions.
  • We prioritize the security of DAO treasuries and stake pool operations, implementing safeguards and risk mitigation strategies to protect funds and maintain trust.

Past Success and References:

  • Our successful track record in delivering on previous proposals in Cardano’s Project Catalyst serves as a testament to our ability to fulfill our commitments and achieve desired outcomes.
  • Communities using our platform already can be found here (<https://www.clarity.vote/>), and are a great reference for our past work.

By combining our experience, transparent communication, documentation practices, adherence to standards, and past successes, we are confident in our capability to deliver the proposed project with high levels of trust and accountability.

Validating our Approach is Feasible:

We have conducted initial research into the plausibility of such an Agora proposal. Our team of highly qualified smart contract developers have confirmed this functionality is feasible for Cardano by first facilitating one or more election(s) to elect one or more member(s) to role(s) in an organization. The decision(s) made in this election will be summarized and published on-chain via an Agora Proposal. We are confident this solution is technically possible, and it fits into the existing Agora governance framework and our collaborative off-chain governance tooling.

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

Milestone: Research and Analysis

  • Tasks:
  • Identify technical requirements and challenges (1 week)
  • Analyze result-publishing data structures (1 week)
  • Conduct initial interviews with potential early adopters (1 week)
  • Expected Timeline: 3 Weeks

>Milestone: MVP and Proof of Concept

  • Tasks:
  • Develop an MVP of the Elect Role for Term Effect (2 weeks)
  • Implement testing environment (1 weeks)
  • Expected Timeline: 3 Weeks

>Milestone: Stakeholder Feedback and Engagement

  • Tasks:
  • Conduct follow-up user interviews with to get feedback on MVP (1 week)
  • Iterate on design and implementation based on stakeholder input (1 weeks)
  • Expected Timeline: 2 Weeks

>Milestone: Performance and Scalability Testing

  • Tasks:
  • Simulate various scenarios internally to evaluate performance (1 week)
  • Assess scalability under multiple concurrent election scenarios (1 week)
  • Expected Timeline: 2 Weeks

>Milestone: Pilot Deployment and Evaluation

  • Tasks:
  • Monitor and evaluate the pilot deployment (4 weeks)
  • Gather feedback and identify refinements (1 week)
  • Expected Timeline: 5 Weeks

>Milestone: Finalize Implementation and Documentation

  • Tasks:

  • Implement refinements based on pilot feedback (1 week)

  • Prepare comprehensive documentation and educational resources (1 week)

  • Expected Timeline: 2 Weeks

    [RESOURCES] Who is in the project team and what are their roles?

  • Logan Panchot: Logan is a recent graduate at Stanford University and has been part of the Catalyst community since Fund4. Logan is a deep believer in the potential of decentralized organizations to create a better world. At Clarity, Logan is responsible for business operations, community growth, and client adoption. (<https://www.linkedin.com/in/logan-panchot/>)

  • Justin Schreiner: Justin has a background in Computer Science and is a Plutus Pioneer. At Clarity, Justin is responsible for business operations, talking with users, and leading Product development. (<https://www.linkedin.com/in/justinschreiner/>)

  • Matt Laux: Matt is an engineering graduate from Texas A&M with experience in full-stack development. Matt is responsible for full-stack development on the Clarity web platform. (<https://www.linkedin.com/in/matt-laux/>)

  • Chris Borders: Chris is a lawyer and advisor to blockchain projects. He has over 30 years of experience practicing law. His experience in the blockchain industry began in 2015 when he joined what would become Chainlink. He remained at Chainlink until 2018, eventually serving as their interim General Counsel. Currently, Chris spends most of his time in the Cardano ecosystem, advising other projects including Liqwid, Indigo, and SundaeSwap. (<https://www.linkedin.com/in/christopherjborders/>)

  • Paul Levine: Paul Levine spent the last 30 years shaping the payments industry. Previously, as the President of Planet Payment he directed its US Global eCommerce division. He also served as the President of an Intuit Company and has worked for industry leaders such as ATT Wireless, First Data and Chase. He currently resides in Brickell, Miami where he consults for leading payments and blockchain companies. (<https://www.linkedin.com/in/paul-levine-26b2b28/>)

  • Shannon Wu: Shannon is an investor and entrepreneur in the blockchain space. She love working with and investing in transformative technologies in Defi, Big Data, Blockchain, Automation and AI. She was an early team member of MakerDAO and part of the founding team for Bloom Protocol. For Clarity, Shannon advises on go to market strategy, fundraising, and strategic decision making. (<https://www.linkedin.com/in/shannonwu/>)

    [BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources.

Amount of hours estimated to complete 335 hours.

=========================

Cost per hour $60

=========================

335 x 60 = $20,100

=========================

$20,100 / 0.24 = 83,750 ADA

Total cost of 83,750 ADA (Assuming ADA is $0.24)

================

Milestone: Research and Analysis

  • Identify technical requirements and challenges (20 hours)
  • Analyze result-publishing data structures (20 hours)
  • Conduct initial interviews with potential early adopters (10 hours)

===========================

Milestone: MVP and Proof of Concept

  • Develop an MVP of the Elect Role for Term Effect (50 hours)
  • Implement testing environment (40 hours)

==============================

Milestone: Stakeholder Feedback and Engagement

  • Conduct follow-up user interviews with to get feedback on MVP (10 hours)
  • Iterate on design and implementation based on stakeholder input (40 hours)

===========================

Milestone: Performance and Scalability Testing

  • Simulate various scenarios internally to evaluate performance (40 hours)
  • Assess scalability under multiple concurrent election scenarios (20 hours)

==========================

Milestone: Pilot Deployment and Evaluation

  • Select organizations for pilot deployment (5 hours)
  • Gather feedback and identify refinements (10 hours)

===========================

Milestone: Finalize Implementation and Documentation

  • Implement refinements based on pilot feedback (40 hours)
  • Prepare comprehensive documentation and educational resources (30 hours)

==========================

TOTAL HOURS: 335

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

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

  • This project provides value to the Cardano ecosystem through the following factors:

Enhanced Functionality and Features:

  • Projects on Cardano will have more tools at their disposal to run trusted elections and increase confidence in any organizational officials.

Increased Stakeholder Engagement:

  • By making the election of an organization’s officials a democratic process, organizations on Cardano promote an engaged community which participates in governance at an increased rate.

Strengthened Governance and Decentralization:

  • By decentralizing the appointment of an organization’s officials, communities are able to have more assurance the projects they support are not run by unelected individuals who don’t have the community’s best interest in mind.
  • With increased stakeholder participation and representation, the Cardano ecosystem benefits from a diverse range of perspectives, fostering more balanced and informed governance decisions.

Return on Investment (ROI):

  • This project can produce a return on investment by making communities in Cardano more resilient and decentralized. This benefits the Cardano ecosystem by limiting the effect a bad actor can have on a large protocol. By requiring these important elections to pass community-wide votes, this project can help secure and protect important protocols and dApps on Cardano.

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