FIP-89-Adopt Commonwealth.im for Frax Governance Forum
Author George Beall
Summary The purpose of this proposal is to adopt Commonwealth as the governance forum and voting interface for the Frax community. Commonwealth offers a fully crypto-native forum, voting interface (polls, Snapshot, and on-chain governance), and chat all in one product. Commonwealth is free to use and will soon be fully-decentralized.
Details About Commonwealth Commonwealth is an all-in-one platform for decentralized communities to run themselves. We eliminate the need for multiple governance products / DAO tools. We offer fully crypto native discussion, chat, polling, onchain governance, Snapshot support, and member analytics / profiles. We power over 700+ DAOs including dYdX, Redacted Cartel, Axie Infinity, Osmosis, Stargate, Element Finance, Spiritswap, and soon Olympus. Commonwealth has raised $23.2M from Dragonfly, Parafi, Polychain, Framework, Hashed, Nascent, Spark, Balaji, Stani, and others.
Goal To migrate the current Frax forum to Commonwealth and integrate your Snapshot / governance.
The Problem Currently the Frax governance community is highly fragmented (Telegram, Discord, Discourse, Snapshot, on-chain voting) and has little transparency into the discussion / voting activity.
Create a new account for Discourse with an email (non-sybil resistant, non-spam resistant) Create other web2 accounts (Telegram, Discord) Missing the link between forum discussions, chat, and voting Need to now use 3-5 platforms for every DAO a member is a part of The Solution Integrating Commonwealth is incredibly easy, the user journey would look like this:
Import the Frax Discourse to Commonwealth (maintains all content and profiles) Link Frax governance and Snapshot (creates bidirectional governance interfaces) Community owned and run For users, using Commonwealth is simple:
Link your wallet via Metamask or Wallet Connect Join the Frax forum Link the same email you used for Discourse to claim your old account Begin discussing, chatting, creating proposals, and voting in one space for all of your communities Benefits to the Frax Community To summarize, below are the key benefits for the end users:
Simplified user journey to interact with the Frax community Totally free to use Fully crypto native experience In-app crowdfunding (soon) DAO tool app store (soon) Team Dillon Chen - Founder / CEO - prev. VC at General Catalyst & Dorm Room Fund, founder at Source Wifi
George Beall - Head of Business - prev. cofounder of Everipedia, growth at Walmart eCommerce
Jake Naviasky - Head of Engineering - prev. Bloomberg, Carnegie Mellon
Zak Hap - Head of Product - prev. DeFi founder, Columbia
Aden Bailey - Head of Design - prev. Cooper Union design professor
12 others!
Proposal FOR: Migrate Discourse forum to Commonwealth
Adopt Commonwealth platform moving forward
AGAINST: Do nothing
Resources Website: commonwealth.im 5
Docs: https://docs.commonwealth.im/commonwealth/ 1
Twitter: https://twitter.com/hicommonwealth 1
Frax Community: https://commonwealth.im/frax 3
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x947B...7D0277 | 25.784M | 0.8% for Adopt Commonwealth.im, 99.3% for Do Nothing |
 0x10c1...8a86dE | 4.091M | 100% for Do Nothing |
 0xb557...7837C3 | 2.056M | 100% for Do Nothing |
 0x8df9...144385 | 462,776 | 100% for Do Nothing |
 0x52ea...F887DC | 301,476 | 100% for Do Nothing |
VOTE POWER
Proposal Status
- Tue June 14 2022, 10:50 pmVoting Period Starts
- Sun June 19 2022, 10:50 pmEnd Voting Period
Current Results
1-Do Nothing
32.654M
2-Adopt Commonwealth.im
371,931.143