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Request for funding: 1Hive Dandelion Orgs #172

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merged 7 commits into from Jul 12, 2019

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@lkngtn
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commented Jun 28, 2019

Request for Nest membership and funding (#168)

Team name: 1Hive

Proof of concept / research whitepaper: Redemptions app, redeem tokens in exchange for a proportional amount of the organization's eligible assets.

Burn rate: $17k/month for 5 months

  • $15k once for audits and bug bounties

We estimate needing approximate 1 month to deliver each app, though we plan to do some development in parallel (e.g. Dandelion Org template and onboarding site)

Legal structure: 1Hive DAO

Team and roadmap

Proposal

We propose breaking the monolithic Moloch DAO concept into the following modular Aragon apps:

  • Redemptions: Allows users to manage a list of eligible assets held within an organizations Vault and allow members of the organization to redeem (burn) organization token in exchange for a proportional amount of the eligible assets.
  • Token Request: Allows users to propose minting tokens in exchange for a payment to the organization, subject to the approval of existing members.
  • Lock: Allows an organization to require users to lock a configure amount of tokens for a configurable amount of time in order to forward an intent.
  • Delay: Allows an organization to require a configurable delay before an action may be executed.
  • Dissent Oracle: Enhances the voting app to implement an ACL Oracle which allows an organization to configure permissions that restrict actions to only members which have recently voted Yes.

These applications can be combined with the existing Vault, Finance, and Token Manager apps to create an organization template based on the fundamental mechanism and game theory used in Moloch. But unlike Moloch, this organization could easily be extended by incorporating the task management and issue prioritization capability of Autark's Projects and Dot Voting apps or implement streaming payments via Aragon One's upcoming Payroll app.

0xGabi added some commits Jun 28, 2019

@LouisGrx

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commented Jul 4, 2019

Hello team,

Thanks for this RFF! A few remaining questions:

Multiple team members here are already involved in different teams in the ecosystem. We consider that current engagements in the Aragon ecosystem are a priority and at least shouldn’t be affected by this new endeavour.

  • We are okay for @lkngtn from A1 to be involved in the project provided that A1’s roadmap is not affected by this new project.
  • For @0xGabi from Mesh, the work on the aragonCLI should be a priority. The aragonCLI is a major tool used by all devs, and Mesh is the only team consistently working on maintenance and enhancements. We have to make sure that this new project will not harm @0xGabi’s involvement in the Mesh team. Having a back-up plan to hire another developer if @0xGabi cannot sustain his engagement seems reasonable.
  • In the case of @willjgriff, as he is already engaged in another RFF we’d like to have the opinion of his partner @chrishobcroft.

Let's clarify those points, otherwise everything everything looks fine to us.

Thanks!

@willjgriff

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commented Jul 4, 2019

I've updated my commitment to this project to 1-5 hours/week so as not to over commit and illustrate my priority being on the EmpowerTheDao project.

@chrishobcroft

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commented Jul 4, 2019

I've updated my commitment to this project to 1-5 hours/week so as not to over commit and illustrate my priority being on the EmpowerTheDao project.

Thank you for this update @willjgriff.

@LouisGrx - if both of these projects are funded, I believe that Will's participation on both projects can be managed between myself and @lkngtn without putting either project at risk.

@0xGabi

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commented Jul 4, 2019

@LouisGrx Thanks for the feedback, you pointed really valid concerns, I also updated my committed to 5 hours a week to be sure that my main focus will be on the aragonCLI maintenance.

At the same time, we believe that the cross-pollination between members and different teams helps coordination and collaboration efficiency. And we are aware of the overlap and have planned accordingly to ensure that we are able to make good on all of our individual commitments.

@LouisGrx

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commented Jul 10, 2019

Hey there,

Given the clarifications provided by the team above and the respective adjustments made to the proposal, we are approving this RFF.

We are very excited to see the deliverables on mainnet and hopefully see them leveraged all over the Aragon Network of DAOs!

We'll be in touch for the next steps.

Congratulations to the team behind the 1Hive Dandelion Orgs proposal.

@LouisGrx LouisGrx merged commit 3a3dfcf into aragon:master Jul 12, 2019

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