Bankless DAO

Summary:

This proposal seeks to renew DAOStewards as the official meta-governance group of BanklessDAO for Season 9, enabling the BanklessDAO Vault Multsig to delegate eligible governance tokens to DAOStewards upon request. DAOStewards will report back to the DAO at the end of each season and propose to renew the delegation.

Background:

Bankless DAOStewards is a meta-governance group formed in late 2022, with the goal of representing BanklessDAO in the governance of other DAOs. Through effective governance, the reputations of DAOstewards and BanklessDAO grows, which translates into revenue for BanklessDAO and its projects.

Since inception, we have helped BanklessDAO and its projects earn over 130,000 OP via Optimism, claim 701,275 Collab.Land tokens, and have otherwise helped steward $30,000 to DAO-related projects and affiliated contributors via public good projects such as Gitcoin, DAO Drops, and clr.fund.

We hold delegated voting power from both the Vault and the DAO’s contributors, and have actively participated in the governance of multiple DAOs, including Optimism, Arbitrum, Safe, and Uniswap. Our voting rate remains over 80% and we always communicate our voting rationale via our Notion page 1.

Mission & Values Alignment:

DAOStewards have a proven track record of helping BanklessDAO projects earn revenue, thus enabling contributors to be focused on the mission of helping the world #goBankless.

We lead with Bankless, our members are among the most value-aligned contributors in the DAO. In the coming season we will incorporate tlBANK as a requirement for our governors, thus further aligning our relationship with BanklessDAO and its values.

Scope of Work:

In practise this will have the following implications:

If ratified, DAOStewards will receive delegation of all delegatable governance tokens for Season 9.

DAOStewards will regularly report its voting activity and other wins during the weekly Community Calls.

DAOStewards will post a report of its activities at the end of each season and seek renewal of delegation from the DAO.

If the proposal gains consensus on Forum, DAOStewards will receive delegation of all possible governance tokens for S9 and the consequent implementation will be included in the seasonal spec subject to community approval each season

DAOStewards will incorporate tlBANK into its membership and compensation structure.

Financial Implications:

There are no immediate costs associated with this proposal.

Success Metrics or KPIs:

Revenue raised for BanklessDAO and its projects Voting weight

Squad Background:

Current active contributors of DAOStewards include:

Baer.eth : L2 member, Project champion: Bankless wallet, active governor at SAFE, 1inch

Links: L2 member, Project champion: Bankless Card, active governor at SAFE

HiroKennely: L2 member, Project Champion: Bankless Publishing, active governor at Optimism, A

Thinkdecade: L2 member, Project champion: Bankless Africa, Active governor at Optimism, SAF

LiviuC: L2 member, Active governor at Arbitrum

Jengajojo: L2 member, Project Champion: IMN, Global Events, DAOStewards, Governance Dept coordinator, Active governor: SAFE, Optimism, Arbitrum, Gitcoin, 1inch, AAVE, VITA