Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Blockchains enable entirely new types of organizations that can operate autonomously without the need for coordination by a central entity.

Aragon launched Vocdoni – a decentralized governance platform for traditional organizations. the first instance of Aragon OpenStack – Aragon Voice – is now live on the ethereum mainnet . On top of this, Aragon partners with Witnet for gasless DAO governance on Discord

Gitcoin launched GTC tokens and their DAO to govern Gitcoin – two key components that enable Gitcoin to decentralize and establish a fair protocol to fund open source development. the AKITA debate on Gitcoin continues. Gitcoin DAO and GTC tokens with Kevin Owocki on Bankless.

In response to the community vote, Uniswap v3 has been deployed to the Arbitrum mainnet. In addition, Uniswap proposal 4 on lowering the proposal submission threshold was passed.

LidoDAO proposes an optimistic vote on the base update.

Index Coop voted on the mandate for risk parameter management, read “Introduction to the INDEX token” and discuss “How DAOs are changing business” with Simon from Index Coop.

PDP 22 and PDP 23 have been successfully passed by the MTA Board of Directors

Kyber DMM extension and liquidity mining on Polygon is in the voting stage.

BadgerDAO will work with Polygon to accelerate the adoption and utility of Bitcoin on its network.

Voters active in BancorDAO have exploded in recent weeks.

Dive into the details of the simulation mechanism in Part 3, The Magic Behind the Commons Simulator.

New Aave ARCs and AIPs discussion.

Active proposals: Gitcoin DAO; KyberDAO; mStable; Akropolis; Index Coop; Synthetix; Yam Finance

New and ongoing discussions. bancorDAO; Compound; Curve; GnosisDAO; LidoDAO; MakerDAO; PieDAO; PoolTogether; Yearn Finance; API3

Legitimizing DAO with Aaron Wright of OpenLaw

The Future of Work: Why Digital Organizations Are the Prospect of a Decentralized Future of Work, by David Hoffman

A History of ‘The DAO Hack’ by Hack

And much more!

Overview
Blockchain technology has fundamentally changed the financial system. However, features such as trustlessness and immutability are not only useful in cryptocurrency applications, but another potential application scenario is governance. Blockchains can enable entirely new types of organizations that can operate autonomously without the need for coordination by a central entity.

“Instead of a sectional structure where a group of people interact personally and are governed by a legal system that controls property, decentralized organizations are governed by a group of people interacting with each other according to protocols specified in code and enforced on the blockchain.” – Vitalik Buterin

Simply put, a DAO is an organization governed by computer code and programs. As such, it has the ability to operate autonomously and does not require a central authority.

Just as DeFi is programmable currency and NFT is programmable media, DAOs are programmable human organizations.

DAO Ecosystem Statistics

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Top DAOs
This rating is currently handled by API3 DAOv1, BarnBridge Governance, and DXdao.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Latest Perspective Ticker.
Main Street Bets: Cities of Ghosts Await Their DAO Revival by Jarrod Dicker, Jonathan Glick, Brian Flynn and Tal Shachar, writing on trends, analysis, lies and articles on statistics.

DAOs Ready for the Next Crypto Winter With Treasury Diversification by Brady Dale on CoinDesk

David Hoffman’s “The Future of Work: Why Digital Organizations Are the Future of Decentralized Future Work” on Bankless

Ernesto Frontera’s “The DAO” hacking history in Alexandria

How Pet3r Pan developed a decentralized community on Medium, a 1kx network

PartyDAO is the future of startups, writes Jamie Wilkinson on Jamie Dub’s blog

EIP1271 Message Signing with a DAO by Isaac Patka on Medium

DAO refactoring for open definition media based on fair compensation mechanisms, reputation and efficiency

Legitimizing DAOs with Aaron Wright of OpenLaw In this episode of the Unstoppable Podcast, the hosts talk with Aaron Wright, co-founder of OpenLaw and other projects like The LAO and Flamingo DAO, and a professor of law at Cardozo Law School.

How DAO is changing business with Simon from Index Coop. In this episode, the hosts talk with Simon from Index Coop, a DAO focused on building and managing cryptocurrency indices. in this fascinating discussion, we delve into the benefits of DAOs, what they offer over traditional companies, and Simon’s own experience using Index Coop.

Gitcoin DAO and $GTC token with Kevin Owocki on Bankless: Come learn all about Gitcoin DAO, GTC issuance, and administrator responsibility.

Stateless Podcast – Episode 6: Governance 2.0 and Yearn with Tracheopteryx. Tracheopteryx and Commodore dive into Yearn’s DAO, how it’s organized, and how Yearn is balancing decentralization and efficiency in its operations balance decentralization and efficiency. If you don’t know much about how Yearn works, this is a great introduction to help build a knowledge base.

Episode 183 of Zero Knowledge. Discussing CowSwap and DAO technology with Martin Köppelmann of Gnosis: Anna and Tarun chat with Martin Köppelmann, CEO of Gnosis. The company is known for championing the prediction market, but Gnosis has now moved to making critical infrastructure products. Martin talks about this shift and explains Gnosis’ current offerings, which include a unique DEX called CowSwap and a number of products for managing DAO finances and governance.

Framework
Aragon

Aragon introduces Vocdoni – a decentralized governance platform for traditional organizations. the Vocdoni digital voting protocol introduces an unparalleled layer of security, trust and efficiency to the standard guarantees of the governance process enjoyed by associations, cooperatives, unions, companies and municipal councils. It provides a simple way for traditional organizations to take advantage of some tools that until now were only available to digital native organizations: fully transparent but anonymous voting, direct communication between the organization and its social base, and a set of membership and financial management solutions.

You can try it out for yourself on vocdoni.app. In this first version, Vocdoni will offer the following features.

The creation of sovereign entities where you and a designated administrator are the only users able to manage the organization.

Create unlimited polling programs for all your governance needs through an easy to use and intuitive interface.

Instantly enable voting rights for each voting process you create.

Configure voting programs with multiple options, including real-time and encrypted, time-locked results.

Configure the voting process to start and end at preset times, both programmatically and manually.

Guarantee voting confidentiality between voting participants and external third parties.

Customize the voting experience by embedding your campaign live on the landing page of the poll and attaching supplementary resources (e.g. quizzes, reports, documents, etc.) to be made available during the voting process.

Aragon’s vision for Vocdoni is to drive its development beyond digital voting as a mechanism to constrain participation and release signals.

The first instance of Aragon OpenStack – Aragon Voice – is now running on the ethereum mainnet.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Aragon Voice is a key component of Web 3.0’s voting infrastructure, driving unstoppable decentralized governance at zero voting cost. For the first time ever, anyone with an Ethernet address can design and implement On-Chain Proposals for their ERC20 project, where voting costs no gas and is recorded as metadata to Ether and IPFS, or use Signaling Proposals with a centralized backend, but on our custom voting count blockchain Vochain is universally verifiable. Only the creator of the On-Chain Proposal needs to pay the cost of gas to deploy the information to the main network.

Aragon Partners with Witnet for Gas-Free DAO Management on Discord.

The Association has announced a partnership with the Witnet decentralized prophecy machine to provide off-chain “optimistic” voting for DAOs via Discord. Any Aragon DAO will be able to provide any Discord channel member with a non-feeling, binding vote on DAO operations, using only emoji reactions.

The Aragon Association will sponsor the Gitcoin grant program in 2021.

Aragon Association will sponsor GR10 and GR11 of Gitcoin’s new decentralized governance (dGov) category – the upcoming two-round Gitcoin grant program, launching on June 16.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

The common stack (The common stack)
The Common Stack Reviews

Sprint 16 Companion Planting Basil and tomatoes, carrots and onions, radishes and spinach – planting certain plants together helps deter pests and increases productivity. Commons and Token Works Commons have a mutually beneficial relationship, just like these companion plants.

The magic behind the Commons Simulator – Part 3: The Closest Look. In the third part of Deep Dive, we will delve into the details of the simulation mechanism and learn about the inner workings of the Commons Simulator. The purpose of the Public Simulator is to inspire and empower the community to design their own economies using open source simulation tools.

(It is recommended to read part one and part two of the series to really enjoy the feeling of having your mind blown while fragmenting.)

Background

The Commons Simulator is a community project funded entirely by Gitcoin Grants and run by the dDev team at The Commons Simulator. It blends art and simulation into a mysterious sci-fi future where you can travel through time and space with cadCAD, a complex systems simulator that predicts the future.

Check out two of the latest DAO discussions.

DAO Discussion 1: Does DAO improve or weaken collaboration and coordination? Interested in new ways to collaborate and coordinate?DAOs are described as the next frontier of human organization, but is this true?What exactly are DAOs? What role might they play in our future, how does the reality of DAO differ from the theory, and what does DAO mean for you and the work you do? The panel explored the question: Do DAOs provide us with better collaboration and coordination? What does this mean for our work, our organizations, and the world?

DAO Discussion 2: Does DAO offer us a new way to govern the commons, and can DAO be an important tool for governing the commons? What does this mean for the way we organize and manage our shared resources?

Exploring Polycentric Governance in the Web3 Ecosystem Workshop.

Jeff Emmett, Jessica Zartler, Renzo D’Andrea, and Livia from Commons Stack, Block Science, Token Engineering Commons, and Change the River Deschermayer, shared two frameworks for governance research and design. Decision Space and Voting Space. In these knowledge sharing and interactive sessions, they discussed the importance of deciding how to decide, why cultural frameworks nourish tools, and introduced different types of voting and new Web3 voting tools, including Conviction Voting.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Use CSLove to get free public stack gifts.

Public stacks love seeds of trust, and now they have another way to show it – use CSLove’s airdrop to get a free gift!

Daohaus
Prepare …… Start DAO (the latest DAOhaus newsletter). MetaFactory and BanklessDAO meet HausParty, the latest developments in HAUS, and a look at what’s happening behind the scenes.

Starting June 9, Daohaus will host an open class called OpenHaus where they can discuss as much as they want. It takes place every Wednesday at 2pm EST at the DAOHaus Discord. Open to everyone!

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Moloch

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

The Moloch DAO community is conducting a survey to understand the adoption of L2 and scaling technologies in the ethereum ecosystem. If you are a product owner, technical lead, CEO or CTO of an Ethernet-based application, they would love to hear about your decisions. They want only one submission per product.

Governance
Aave

Congratulations to Aave for reaching the #1 position in TVL!

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

The Aave Protocol (The Aave Protocol) has $21.6 billion in liquidity at the end of Week 23, 2021 – Aave Weekly Report 2021 Week 23 W23.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Aave Grants DAO is sponsoring Hack Money for the ethereum ecosystem. apply for Hack Money by June 14 (https://defi.ethglobal.co)

Also check out the May community call for entries – hosted by Aave Grants DAO.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

New Aave Request for Comments (ARC) Discussion

Add XSGD Backing as Collateral [Product] [Discussion]

Add MLN as a reserve asset [Product] [Discussion]

Add Uniswap V2 DPI-ETH LP to Aave AMM [Product] [Discussion]

Ongoing ARC discussions.

Add support for RAI [Product] [Discussion]

Add LINK Liquidity Mining Bonus [Product] [Discussion]

Add support for NMR [Product] [Discussion]

Disable MKR Borrowing [Product/Strategy] [Discussion]

Add support for BOND (BarnBridge) [Product] [Discussion

Listing Proposal: $LINK on Polygon [Product] [Discussion]

Ongoing Aave Improvement Proposal (AIP) Discussion.

AIP 20: Implementation of Security Incentives [Discussion] – Original Article

AIP 19: Whitelist Curve Mobility Mining Requirements [Discussion] – Original

AIP 18: Quarterly Aavenomics Upgrade for Q2 2021 [Discussion] – Original Article

The latest governance topics on the governance forum (GFF).

Akropolis
Akropolis Weekly Update (June 11th, 2021).

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Ongoing Discussion.

AIP-011: The new $AKRO Staking Tokenomics with Token Burns And Lock is still on the Governance Discussion Board!!! Discussion]

API3 DAO
API3DAO Core Technical Team Development Report.

May 2021 was a particularly productive month regarding DAO development, which also interrupted the DAO & Staking series (1, 2, 3).

The serverless framework dependency in the Airnode deployer has been replaced with Terraform. this will make it easier to port Airnode to other cloud providers and to scale it with additional cloud infrastructure (or add it as a module to existing infrastructure).

Work continues on the dAPI contract. Considering that dAPI is a fairly siloed vertical in terms of implementation and operations, the creation of a dAPI team independent of the core technical team is in the pipeline. This includes having a separate DAO development team and ongoing integration work by members of the business development team, which allows the core technology team to focus more on Airnode, which should lead to increased efficiency.

API3 and Moonbeam bring off-chain APIs to Polkadot.

API3 has been integrated with Moonbeam, a project that simplifies the process of scaling ethereum applications to the Polkadot ecosystem by making APIs effortlessly available to multi-chain applications. Moonbeam provides a complete implementation of Ethereum on Substrate and allows Ethereum developers to minimize changes to existing smart contracts and Moonbeam benefits from lower gas costs than Ethereum, and the cross-chain capabilities of Polkadot.

Partnership with Credmark.

Credmark has built a data platform that allows developers to build, test and publish risk-adjusted financial models. One of the most important requirements for creating these models is the use of highly accurate and reliable data sources, as well as having a variety of different data types. API3 will work with Credmark to provide such data sources and make Credmark’s data available to all supported blockchains through Airnode.

Partnering with Shield Finance.

Shield Finance is a multi-chain DeFi insurance aggregator. Shield Finance will deploy the Market Crash Protection (MCP) contract for API3 and assist API3 in making this functionality available to API3’s community. Once operational, Shield Finance will also explore opportunities to use API3’s dAPIs (data feeds).

Announces Partnership with HAI DAMO.

API3 announces a partnership with Hedge Against Inflation DAMO (Decentralized Asset Management Organization). Hedge Against Inflation is a project that aims to minimize the risks associated with the inherent volatility of the cryptocurrency market. API3 will provide API data and dAPIs supporting Airnode to achieve this goal.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

There are no active API3 governance proposals for these weeks.

Badger DAO
BadgerDAO and Polygon partner to bring Bitcoin Crosschain: BadgerDAO will partner with Polygon to accelerate Bitcoin adoption and utility on its network. badgerDAO’s mission is to bring BTC to DeFi, and it wants to make it as easy as possible for users to use their Bitcoin for places where it has big utility. In the past few months, we’ve witnessed Polygon’s explosive growth, with over $7.4 billion worth of assets locked up and $1.3 billion worth of BTC already being utilized in protocols like Aave and Sushiswap. This is a clear indication of the demand for BTC, and together with Polygon, BadgerDAO can help increase this footprint significantly.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

ibBTC and bBadger are now accepted as collateral for Ruler Protocol.

Ruler Protocol now accepts ibBTC and bBadger as collateral for borrowing and lending stablecoins as well as farming (Farming) to earn Ruler and Badger tokens.

Badgers In the Sett: A DAO Treasury Retrospective (Volume 1).

Since its launch in December, Badger DAO has generated over $18.1 million in total revenue at the time of booking ($15.1 million at current prices), with greater than 90% of cumulative revenue driven by the core strategy; in May, DAO generated over $2.8 million in booking revenue across all product lines, including the new Bridge and ibBTC.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Badger Improvement Proposals (BIP).

BIP 59: Month 6 Grants: Distribute Month 6 grants and formally end the monthly contributor framework to transition to a project-based program [Discussion].

Upcoming Events.

DIGG Dojo is open for business every Tuesday from 12:00PM – 1:00PM EST. The next one is on June 15. Enter the DIGG Dojo and join the conversation around the future of DIGG, share your ideas, and help “solve” potential ideas for moving the Resilient Supply Token into the future.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Balancer
Balancer Labs has raised $24.25 million. This new round of capital comes from investors Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital, Kain Warwick and Jordan Momtazi.

The latest issue of Balancer reports.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

There has been no active Balancer governance proposal these past few weeks.

Bancor
How to delegate voting rights in BancorDAO.

Voting proxies allow community members to nominate other community members to vote on their behalf.

Bancor Community Conference Call Summary (June 6, 2021).

Bancor hosts a community conference call with core contributors every Sunday at 1pm UTC in Bancor’s Telegram voice chat.

Ongoing discussions.

Whitelisting NOIA (Syntropy). 150K co-investment and voter incentives (2nd attempt) [discussion

Increase GNO pool fees to 0.5% [Discussion]

Increase co-investment in NMR to 750,000 BNT [Discussion]

Increase co-investment in LRC to 800,000 BNT [Discussion]

Whitelist Chiliz (CHZ) [Discussion]

Introduce standardized fee for small pools based on market cap ranking (0.3%) [Discussion

Whitelist BBS with external IL protection [Discussion]

Whitelist DAPP Network (DAPP) to include 500K co-investment and external IL protection [Discussion

Closed Proposal.

Voting Authorization Guidelines on Snapshots (BIP12 Addendum #2) [Closed June 10: read original proposal

Whitelist Gitcoin (GTC)/250k BNT co-investment [closed Jun 10: read original proposal

Increase co-investment limit for Rarible (RARI) pool to 250k BNT [closed Jun 10: read original proposal]

350K co-investment/1% transaction fee for ICHI pools [closed June 10: read original]

Updates to quorum and supermajority requirements [closed Jun 10: read original proposal]

OPIUM, QUICK and RARI have been whitelisted by BancorDAO.

The BancorDAO has seen an explosion of active voter participation in recent weeks. the DAO is becoming a hotbed of new ideas for on-chain coordination and driving the Bancor ecosystem forward. Please participate at gov.bancor.network.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Compound
There have been no active compound governance proposals in the last few weeks.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

New Discussion.

Permissionless Listing / Isolated Marketplace [Development] [Discussion]

Celo x Compound Financial and Compound Chain [Product/Development] [Discussion]

Project Galaxy – Help build Compound’s first NFT-based loyalty campaign! [idea] [discuss]

Seize all cWBTC legacy collateral and transfer their WBTC to cWBTC2 [idea] [discuss]

TrueUSD Listing Proposal [idea] [discuss]

Compound Branding Grants [Treasury] [View]

Ongoing discussions.

Prophecy Machine Infrastructure: Chainlink Proposal [Development] [Discussion]

Polygon/Matic Starport (Starport) [Development] [Discussion

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Curve
Curve released the new non-pegged asset AMM mechanism.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Ongoing Discussion.

Whitelisting the Frax Curve AMO contract [Discussion

CIP#64 – Add a TriCrypto Pool metapool on ethereum [Discussion]

Add a [aUSD, [2Pool]] Metapool on ftm [Discussion].

[CIP#62/63] Multi-chain Metapool to propagate CRVlove on sidechains and L2 [Discussion]

Closed Proposal.

sCIP#39 – Add DAI/USDP/LUSD to d3Pool [closed May 31: read original proposal]

Gitcoin
Gitcoin Introduces Governance Token: Gitcoin has introduced the GTC token and their DAO, which will govern Gitcoin – two key components that enable Gitcoin to decentralize and create a fair protocol to fund open source development.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Gitcoin Considers Akita Holdings: The formation of the Gitcoin DAO has accelerated extremely quickly after Vitalik Buterin suddenly donated large amounts of Akita tokens to Gitcoin Grants.

The community has turned its attention to what to do with these funds. The snapshot proposal AKITA tokens – the way forward – was initiated by seeking “a final decision around the AKITA tokens held by Gitcoin Multisig” and considered seven different proposals put forward by community members.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Defending secondary fundraising in grants in round 10 and beyond.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

ENS joins a coalition of funders to support public goods: ENS has donated 180 ETH to Gitcoin.

Active Proposal.

How can we best move forward to divest our position in AKITA? [Implementation Phase] [Vote]

Implement Akita sales/streams as a Balancer pool (Balancer pool) [Vote].

Breakdown of GR10 match pool [Poll]

Request GTC via ETH address without github login [Poll]

In addition to Grants, there is Future Salaries (an ethereum payroll widget) [Vote

Is pineapple a legal pizza topping? [Vote]

Closed Proposal.

Give GTC more uses [Closed June 10: Read Proposal]

Enforce Governance Standards and Processes [Closed June 5: Read Proposal]

Moving SACKS/ETH LP from Multisig to Governance Timelock [Closed June 6: read proposal]

AKITA Token – The Way Forward [CLOSED JUNE 6: Read Proposal]

Should we liquidate AKITA to ETH? [closed Jun 5: read proposal]

Converting AKITA tokens to ETH? [closed Jun 5: read proposal]

To read more about the different proposals and participate in the decision making, check out the Governance Forum discussion

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Gnosis
The Gnosis client development team has joined Erigon (formerly Turbo-Geth) in releasing the next generation of the ethereum client: while devoting more resources to this effort, Gnosis will deprecate the OpenEthereum legacy codebase and develop a migration path for all existing users.

EulerBeats x Gnosis Safe.

A Case Study in Collective NFT Ownership.

Episode 183 of Zero Knowledge.

Discussing CowSwap and DAO Technologies with Martin Köppelmann of Gnosis: Anna and Tarun chat with Martin Köppelmann, CEO of Gnosis. The company is known for championing the prediction market, but Gnosis has now moved to making critical infrastructure products. Martin talks about this shift and explains Gnosis’ current offerings, which include a unique DEX called CowSwap and a number of products for managing DAO treasuries and governance.

GnosisDAO Improvement Proposals (GIPs)

GIP-10: Adopt a participation protocol [poll]

GIP-11: Enable SafeSnap [Vote]

Ongoing discussion.

Should GnosisDAO upgrade its governance platform? [Discussion]

Gnosis auction and Cowswap tokens [Discussion]

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Index Coop
Introduction of the INDEX token.

Index Coop is a decentralized autonomous organization (DAO) that exists to create and maintain crypto-native structured products built on DeFi asset management primitives, such as Set Protocol. As a DAO, Index Coop is managed by its community members. They collectively propose and vote on new products, the allocation of treasuries, and the future direction of the DAO. This is where INDEX excels.

Index Coop delegates control of parameters to Multisig.

This change was made to avoid future failed votes on key parameter changes. Since its inception last fall, Index Coop has generally seen strong voter participation. However, with the launch of leveraged indices for ETH and BTC, the demands on governance have increased significantly. In the past month, the failure to pass key proposed parameter changes has led the community to reevaluate its governance process.

View from the Bird’s Nest #30.

This newsletter is designed to share our weekly work in the Coop, highlighting the progress of the product, governance, and the index community as a whole.

How DAO is changing business with Simon from Index Coop:.

In this episode of The Unstoppable podcast, the hosts talk with Simon from Index Coop, a DAO focused on building and managing cryptocurrency indices.

Positive proposals.

Decision Gate 2: Bankless BED Index [Product] [Vote]

Closed Proposal.

IIP-41: Allow investors and contributors to vote with tokens held in OTC vesting contracts [Meta] [Closed June 10: Read Proposal

IIP-47: Upgrade FLI to use Chainlink prophecy machine code [Dev] [Closed June 10: Read Proposal]

[UNISWAP-4] [Closed: June 9: Read the proposal]

IIP-45: Authorization to change FLI parameters [Closed June 5: Read the proposal]

[Yearn] YIP-62: Change of Two Multisig Signers (Multisig Signers) [closed May 28: read the proposal

New and Ongoing Discussions

MVI – Growth Budget Request [Treasury] [Discussion]

IIP-XX – Two Product DPI Intrinsic Productivity [Product] [Discussion]

Proposal to form a meta-governance committee [meta/strategy] [Discussion]

What You Can Do with Your DPI – Extrinsic Productivity [Strategy] [Discussion]

IIP-47: Upgrading FLI to use chained oracles [Development] [Discussion]

2x-FLI Operational Response, Challenges, and Next Steps [Development] [Discussion]

Revised Product Prioritization Framework [Strategy] [Discussion]

Engineering and Product Constraints [Strategy/Development] [Discussion]

Requirements Discussion: Data Economy Index (DATA) [Product] [Discussion

Finance Committee Funding and FAQs [Treasury] [Discussion]

Kleros
Kleros collaborates with Open DeFi DAO and Gnosis Safe.

to create a multi-chain governance framework: Kleros (decentralized arbitration service for disputes in a decentralized economy) + Open DeFi DAO (DAO focused on building multi-chain DeFi) + Gnosis Safe (widely used solution for holding Ethereum-based assets in secure multi-signature smart contracts).

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

With this solution, Open DeFi DAO will be able to run on multiple blockchains simultaneously while enabling governance token holders to participate in governance, regardless of which blockchain platform their tokens are on.

Closure Proposal.

KIP-42 Using Promises and Reveals in the xDai Integrated Court [Closed June 3: Read Proposal]

KIP-41 Using Kleros Courts on xDai [Closed: May 31: Read Proposal]

Ongoing Proposals.

Questions about contract privacy efforts [Discussion]

Discussion: Vouchers for PNK Airdrop Liability [Discussion]

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Kyber DAO
Active Proposals.
KIP-9: Kyber DMM Extension and Mobility Mining on Polygon in Ballot [Vote

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Lido
LidoDAO proposes a positive vote on the basic update.

Future verifier limit increases will be approved by default unless the challenge threshold is met.

Similar to Index Coop, Lido DAO has encountered problems with proposed changes to key parameters. lido maintains diversification and mitigates staking risk by spreading verifier deposits across numerous staking service providers. lido voters are responsible for regularly increasing the maximum verifier limit per provider to accommodate new deposits. However, these regular votes have recently run into difficulties.

LidoDAO’s Aragon Governance Implementation Requirements

At least 5% support for even basic proposals. With many large cryptocurrency investors busy with the BTC conference in Miami this past week, the DAO was unable to reach a quorum, causing the limit update proposal to fail. This in turn delayed the entry of newly deposited Ether into the beacon chain, which will have a marginal negative impact on stETH’s earnings.

Ongoing Discussion.

Diversification of DAO treasury [Discussion]

Curve Proposal: Renewal of 3,750,000 LDO Rewards Program [Discussion]

Lido for Aave – Delphi Digital’s proposal [Discussion]

LIP-3: Easy Track Motion for DAO Routine Operations [Discussion]

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Maker
Maker Maker.

In May 2021, the MakerDAO community added additional Vault types to the Liquidations 2.0 framework, and voted on Oracle updates, core unit budgets, and more.

Maker community call for the next exploration.

Starting with a few initial open initiatives, the community developed projects that expanded to support a growing MakerDAO.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Every community member has the potential to cross the threshold into a new exploration: participation in a fully decentralized MakerDAO. if you are interested in participating in the community, you can.

  1. provide Maker Improvement Proposals (MIPs).
  2. participate in polls.
  3. propose your own “core unit”.
  4. join an existing core unit.
  5. continue to participate freely in the community on the Maker Forum and Rocketchat.

Governance Polls

Upcoming real-world assets (Real-World Assets), parameter changes, and more.

Adding new vault types (Vault Types)

Positive proposals.

Emergency Changes, Prophecy Machine Whitelist, Liquidation 2.0 Activation [Read Proposal

Closed Proposals.

June Core Unit Budget Allocation, Other Changes [Closed June 9: Read Proposal

Ongoing discussions on Maker improvement proposals.

MIP39c2-SP15: Add AmaZix Marketing Core Unit, AMZX-001 [Discussion].

MIP40c3-SPXX: Governance Alpha Core Unit MKR Budget – GOV-001 [Discussion]

MIP40c3-SP19: Growth Core Unit Budget, GRO-001 [Discussion]

MIP55: Special Purpose Fund (SPF️) [Discussion

MIP40c3-SP21: Modify Core Unit Budget – MKT-001 [Discussion]

MIP41c4-SP14: Facilitator Onboarding, Mortgage Engineering Services Core Unit [Discussion]

MIP40c3-SP20: Budget Increase for AmaZix Marketing Core Unit AMZX-001 [Discussion]

MIP53: MKR Compensation Guidelines [Discussion]

MIP54: DssVest [Discussion]

and more!

Governance Portal

Governance Forum

Analytics.

Governance Analytics Dashboard (Governance Analytics Dashboard)

Governance Poll History (Governance Poll History)

Executive Vote History (Executive Vote History)

mStable
Active Proposals.

PDP 24: MTA Award Allocation on Polygon. Proposal to initiate liquidity mining on Polygon

Closed Proposal.

Formation and initial funding of mStable GrantsDAO. This proposal seeks initial funding for mStable GrantsDAO and begins with community recruitment. [Deadline June 4: Read the proposal]

PDP 23: Deposit dollars from the LINK pool into Iron Bank. deposit dollars from the LINK pool into Cream Finance’s Iron Bank to increase LINK pool utilization and APY.[Closed May 28: read proposal]

PDP 22: Reduce swap fees for Bootstrap users. mStable has reduced mStable’s swap fees to 0.02%. All fees from platform swaps will go directly back to users in Save – providing a safer, more profitable, and more usable way to store stable value. [Closed May 28: Read the proposal]

Ongoing Discussion.

Should we consider adding ETH milli-assets (mETH)? Discussion]

Alchemix alUSD/mUSD fPool [Discussion].

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Nexus Mutual
Closed Proposal.

Nexus Mutual is sponsoring. ETH Global’s Hack Money Hackathon [closes May 31: read proposals].

And many more accepted proposals!

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)
Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Synthetix
Synthetix is currently hosting a UI/UX design challenge.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Positive proposals.

l SCCP-123: Remove SNX Inflation Bonus for ETH Shorts [Treasury] [Vote]

l SIP-141: SIP 141: Formalize the role and responsibilities of GrantsDAO [Strategy] [Vote

Closed Proposal.

SCCP-122: Increase Wrappr cap from 175k ETH to 250k ETH [Parameter Change] [Closed June 6: Read Proposal]

SCCP-121: Increase Wrappr cap from 125k ETH to 175k ETH [parameter change] [closed June 4: read proposal]

SIP-133: Add DOGE as an encrypted synthesizer [product] [closed Jun 8: read proposal]

SCCP-120: Reduce SNX inflation bonus for BTC shorts from 16k SNX to 8k SNX [closed Jun 3: read proposal]

SCCP-119: Reduce SNX inflation bonus for ETH shorts from 16k SNX to 8k SNX [closed June 3: read proposal

SCCP-118: Raise Wrappr cap from 100k ETH to 125k ETH [closed June 1: read proposal]

New Proposal.

SIP 145: Coherence of Debt Cache Events [Development] [View]

SIP 146: Add Synthesizer Supply Cap [Parameter Change] [View]

SIP 147: Add sMATIC [Product] [View]

Pie DAO
Closed Proposal.

Should PieDAO create a proposal to vote on retroactive airdrops on Compound? [Closed June 7: Read the proposal]

PIP-58 INFRA Index Creation [closed May 31: read proposal]

Ongoing Discussion.

PIP-47: USD++ migration to PieVault and rebalancing [Discussion]

Treasury Farming Initialization [Discussion]

Pie Working Group.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

PoolTogether 

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Closed Proposals.

PTIP16: C4 Audit + PTIP17: Sponsorship [Treasury] [Closed June 4: Read Proposal]

PTIP-19 Drops 50 POOL/day to LINK pool [Treasury] [View] [Closed June 8, No Quorum: Read Proposal

New and ongoing proposals.

PTIP-20 DinoSwap Launch Partner “Extinction Pool” Farm [Treasury] [Discussion]

Evaluating Changes in POOL Allocation [Treasury/Strategy Department] [Discussion]

Pods of War: Beating Yearn [Strategy] [Discussion]

POOL Allocation [Strategy/Development] [Discussion]

PTIP-18 Using USDC in Treasury to Earn Revenue for PoolTogether Protocol [Treasury] [Discussion]

Missing ~$4 million USD USDC [Strategy] [Discussion]

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Uniswap
Uniswap v3 has been deployed to the Arbitrum master network.

After a few months of relative inactivity, Uniswap governance has begun to see a flurry of activity. This is a welcome change for a protocol that had been criticized for its lack of participation.

The first proposal to break the seal [closed on May 28] was submitted by former Maker developer and community member Andy8052. He advocated launching on Arbitrum to enable Uniswap to better serve users of various EVM-compatible networks. While this may seem like a no-brainer, there are several reasons why this is the case.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Uniswap v3 calculator has been released.

This new tool from Flipside Crypto allows users to enter a bunch of different parameters to calculate different v3 LP results.

Uniswap Proposal #4 Adopted.

A formal Uniswap governance proposal was passed, lowering the proposal submission threshold (the number of UNIs required to make a governance proposal for an address) from 10 million UNIs to 2.5 million.

Closed Proposal.

[UNISWAP-4] Reduces UNI proposal submission threshold to 2.5 million [meta-governance] [closed June 9: read proposal]

IIP-45: Authorize FLI parameter changes [Product/Parameter Changes] [Closed June 5: Read Proposal

Consensus Check – Funding DeFi’s Political Defense [Finance/Strategy] [closed June 6: read proposal

Consensus Check – Donate $50 million worth of UNI to Chris Blec to leave DeFi for good [Treasury] [closed June 5: read proposal]

Managing Systemic Risk to Uniswap Community Finances with KPI Options [Treasury] [Closed June 3: Read Proposal]

Should Uniswap lower the proposal submission threshold? [Meta/Parameter Change] [Closed June 5: Read Proposals]

Funding DeFi’s Political Defense [Treasury Strategies] [closed May 30: read proposal]

Deploying Uniswap v3 on Arbitrum [Strategy/Product] [Closed: May 28: Read Proposal]

Ongoing Discussion.

Funding the political defense of DeFi [Treasury/Strategy] [Discussion 1] [Discussion 2)

Temperature check – should we use the KPI option to manage systemic risk in Uniswap community finances [Product] [Discussion]

Deploying Uniswap V3 on Polygon/Matic [Product] [Discussion]

UNI should become an oracle token [product/strategy] [discuss]

Building a moat for Uniswap. Attracting non-DeFi developers [Marketing] [Discussion]

Deploying Uniswap v3 on the xDai chain [Product] [Discussion]

Funding DeFi’s Political Defense [Treasury/Strategy] [Discussion 1] [Discussion 2]

Deploying Uniswap v3 on Arbitrum [Strategy] [Discussion]

Should Uniswap lower the proposal submission threshold? [Meta/Parameter Change] [Discussion]

Deploying Uniswap V3 on Polygon/Matic [Strategy] [Discussion]

A tool to help people manage Uniswap v3 LPs.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Yam Finance
Active Proposals.

l YIP-72: Delegate $UNI and $INDEX governance vote to get approval to create $UNI KPI option [Vote

Closed Proposals.

l YIP-71: Migrate treasury yUSD to v2 vault [closed June 1: read proposal]

uPUNKS will be the first Yam Synths product focused on NFT:.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Yearn Finance
Read about it in Yearn Finance Newsletter #36.

Yearn Partners have earned $564K

SEBA Bank publishes report on Yearn

Two Hundred Yearn v2 Strategies Deployed

C.R.E.A.M Financial Lists Two yVault Tokens

Robust lower MakerDAO fees favorable for Yearn strategies

Yearn’s vault

Yearn Finance + Chainlink: Team opens native LINK vault

Update on Curve Boosting across DAOs

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Governance Open Thread – An open discussion on how to improve Yearn’s governance.

Under the YIP-41 extension, Yearn has 3 months to transition from multisig to a “multi-DAO” structure or to propose other new governance approaches.

Transition means decentralizing decision making and transaction execution to different groups and mechanisms

Discuss options for decision making, execution, and voting.

Closed proposals.

YIP-62: Replace the two MLP signatories. Proposes to exercise the “replace multiple signers” authority that YFI holders have under Governance 2.0 to replace two well-serving signers and rotate fresh blood to improve signature speed. Closed May 29th]

New and Ongoing Discussions.

Own The Land (Eth) On Which We Operate [Finance] [Discussion]

MISC
l DAO history/timeline.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

l An introduction to DAO.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

l Flamingo DAO’s Natively Digital auction has already happened.

Decentralized Autonomous Organization (DAO) Industry Development Monthly Report (2021.6)

Research Categories: DAO, Aragon, Gitcoin, Uniswap, LidoDAO, Multisig, Open DeFi DAO, BadgerDAO, Polygon

Original Author: Paradigm

Contributors: Demo, DAOctor @DAOrayaki

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/decentralized-autonomous-organization-dao-industry-development-monthly-report-2021-6/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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