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Where we discuss the org of our own DAC - practical admin, regular rewards, expenses, finances...25 Servers

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8 Jul 2021
@bridge-bot:matrix.orgbridge-bot <JamesF>I had thought it was democratic before, but it seems that I haven't been paying proper attention 🙂 16:21:06
@bridge-bot:matrix.orgbridge-bot <danibelle>lol.. I think, its more of a technocracy - those who participate and earn cred get tokens to represent their reputation, which requires technical skills.. and a computer.. you can't buy rGIV, only earn them via contributing.. and, it doesn't matter in the Aragon DAO how many tokens you have when you vote, only whether enough votes are submitted to pass the proposal.... 16:24:41
@bridge-bot:matrix.orgbridge-bot <JamesF>ok it sounds like it functions as one person one vote? 16:29:38
@bridge-bot:matrix.orgbridge-bot <danibelle>depends.. here's the doc where we collectively selected parameters: https://docs.google.com/document/d/1ry_xqZWs9OGOXkY9iUbX3A4IOAV9Iv5e1mGHcLoj_Y8/edit 16:32:10
@bridge-bot:matrix.orgbridge-bot <willyfox>Agreed, the rDAO is more of a meritocracy than a plutocracy because rGIV can only be earned, not bought. But the GIVgarden will indeed be a plutocracy of GIV token holders, not necessarily ideal, but seemingly the best approach that DAOs have developed so far for distributing ownership to a wide community 21:58:53
@bridge-bot:matrix.orgbridge-bot <JamesF>Ok thanks. So will the GIVgarden replace existing rGIV dao, or they will live side by side? 22:21:28
@bridge-bot:matrix.orgbridge-bot <JamesF>The GIV garden is the conviction voting DAO right? So that’s going to be used for governance decision making now right? 22:22:24
@bridge-bot:matrix.orgbridge-bot <JamesF>There could be merit in having both? The rDao could be used for team decisions using meritocracy, such as managing budget from conviction voting proposals? 22:25:29
@bridge-bot:matrix.orgbridge-bot <JamesF>I know I‘ve been in the wilderness for a while so not questioning anything thing, I’m genuinely curious about this, as I may need to set one up for another project soon. 22:26:38
@bridge-bot:matrix.orgbridge-bot <JamesF>My thanks to you both @willyfox @danibelle 🙏 22:27:32
@bridge-bot:matrix.orgbridge-bot <JamesF>rDAO would be equivalent to organisational structure and gDao equivalent of board of directors 22:28:24
@bridge-bot:matrix.orgbridge-bot <willyfox>of course! looking forward to hearing about the new project. 22:28:48
@bridge-bot:matrix.orgbridge-bot <JamesF>It’s nice to allow people to earn influence IMHO 22:28:52
@bridge-bot:matrix.orgbridge-bot <willyfox>

The GIV garden is the conviction voting DAO right? So that’s going to be used for governance decision making now right?
Yep exactly, not yet live on xDAI, but will be launched alongside GIV
There could be merit in having both? The rDao could be used for team decisions using meritocracy, such as managing budget from conviction voting proposals?
Exactly, we are planning to keep both at least initially. Long term it's possible rGIV DAO could go away if we feel it's no longer necessary and the GIV DAO can handle everything

@bridge-bot:matrix.orgbridge-bot <willyfox>ah yes when we first launched rGIV DAO we all had 1111 tokens. Since then, additional rGIV tokens have been issued, and contributors who've been around for multiple issuance rounds have higher token balances 22:33:48
@bridge-bot:matrix.orgbridge-bot <JamesF>I see, is it something like every vote on a proposal earns more or are there other rules defined somewhere I can read? 22:53:07
@bridge-bot:matrix.orgbridge-bot <JamesF>Why is rDAO hosted on 1hive btw? 22:53:51
@bridge-bot:matrix.orgbridge-bot <JamesF>A favour or do they have that as a service too? 22:54:22
@bridge-bot:matrix.orgbridge-bot <willyfox>Here's the spreadsheet that was used for the rGIV distribution. The idea is that rGIV tokens will be distributed quarterly to contributors who have been actively contributing for more than 1 quarter, and each quarter the amount of tokens distributed will increase such that reputation will be diluted each quarter for contributors who cease contributing. https://docs.google.com/spreadsheets/d/1Kp8WqRwDGyORqaDcXpeGR2PnhVTMKlTdU-eDRWeDBN8/edit#gid=1091643654 23:40:42
@bridge-bot:matrix.orgbridge-bot <willyfox>the rDAO is using Aragon's contracts and interface and the GIV DAO will use 1hive's Garden smart contracts and interface (built by 1hive for their own DAO) mainly because the Gardens template is an excellent fit for our needs (with conviction voting, dispute resolution, and an aligned roadmap we can help influence), and also because we have a great relationship with their community where we can help them out by testing everything and they're helping us by building everything 23:46:24
9 Jul 2021
@bridge-bot:matrix.orgbridge-bot <JamesF>Thanks Willy, yeah I'm active in 1hive quite a while bye now, and fully across Gardens as a service, I'm wondering about the rDAO though, and if it's connected to the givDAO in anyway. Essentially thinking of spinning up and rDAO and wondering how to do that, should I talk to Luke, WIllyJG, or was spining up an r 08:29:27
11 Jul 2021
@bridge-bot:matrix.orgbridge-bot <willyfox>While the rDAO isn't programmatically connected to the GIVGarden, in practice it is. One way to think of the rDAO, while not perfect, is that it's the DAO for the core "Giveth" team, and also will hold a portion of the initial GIV supply as a safeguard in the event of a malicious proposal to the GIVGarden. The GIVGarden is the DAO for the Giveth ecosystem, and while the rDAO could possibly go away in the future, the GIVGarden will live on forever. GIV is the transferrable governance token for Giveth, and rGIV is the non-transferrable governance token for the rGIV DAO. 16:35:46
@bridge-bot:matrix.orgbridge-bot <willyfox>hey @gabi! James is interested in spinning up a Garden; are you guys accepting new projects? 16:36:55
@bridge-bot:matrix.orgbridge-bot <gabi>Hi @willyfox, yes we are looking to onboard new projects and learn from their experience. James talked with us on 1Hive but my final impression was that he still not sure if Garden DAO design was a good fit. Happy to schedule a call to clarify any doubts @JamesF 17:30:07
@bridge-bot:matrix.orgbridge-bot <gabi>By the way, we have everything ready to deploy on xDai. We are waiting to finalize the creation wizard, and we will consider Gardens production ready. We aim to have it done in a couple of weeks. 17:33:58
@bridge-bot:matrix.orgbridge-bot <gabi>Anyways I want you to know that it is not a blocker for you, as you can manually deployed. 17:35:42
12 Jul 2021
@bridge-bot:matrix.orgbridge-bot <danibelle>Happy Monday Givethers - Gov call agenda and notes are here for our call in 10 min:
22 Jul 2021
@nausiyanmeow:matrix.org@nausiyanmeow:matrix.org left the room.22:50:22
26 Jul 2021
@bridge-bot:matrix.orgbridge-bot <danibelle>See you in the DAO/Gov Voice Channel for our Givernance Working Group meeting in just a few minutes, agenda for our call is here: https://www.notion.so/giveth/GIVernance-Working-Group-26-Jul-21-5eb4361c7bde44fbba2c1fd100a70e2e 13:57:39
27 Jul 2021
@bridge-bot:matrix.orgbridge-bot <danibelle>Hey Givethers, <@&763161902427275274> .. @HannahJoJo and I are wrestling with some weird inconsistencies on the praise and sourcecred calculations. We found one issue - Discord handles changing!

If you have changed your handle please let us know, and keep this in mind to notify us when you do, so we can update the data formulas :Shrug_1:


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