Forum Posts for RRC-XX Tokenomics Working Group Proposal

RRC-XX Tokenomics Working Group Proposal

jengajojo - GWG Mods

May 22, 2024, 9:33 a.m.

The latest version of this proposal can be found here Abstract This proposal aims to establish a Tokenomics Working Group (TokWG) within the RARI DAO for a period of three months. The ‘TokWG’ will operate for three months, with the primary goal of researching and recommending a set of tokenomics strategies to enhance the economic sustainability and growth of the RARI DAO ecosystem Motivation Effective tokenomics is critical for the long-term success and sustainability of any crypto product. With the rapid growth of the crypto space as well as the DAO, it is imperative to revisit and refine our tokenomics model to ensure it aligns with the community’s goals and fosters sustainable growth. Establishing a dedicated TokWG will provide the necessary focus and expertise to develop innovative and effective tokenomics solutions. Rationale Forming a TokWG will enable a concentrated effort on improving RARI’s tokenomics. By leveraging the collective expertise within our community and external advisors, we can create well-researched and tailored tokenomics strategies. This focused approach increases the likelihood of developing successful solutions that drive value for our ecosystem. Key Terms Tokenomics: The economic model governing the creation, distribution, and value of tokens within an ecosystem Specification Goals Conduct comprehensive research on current tokenomics models & identify best practices. Develop and propose a set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions, outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them. Timeline Month 1 : Group formation and initial research Month 2 : Identification of potential tokenomics models & development and refinement of solutions Month 3 : Finalisation of recommendations, detailed documentation, and presentation to the DAO. KPIs #number of researched solution #depth & detail of the proposed solutions #ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Clear documentation & actionable recommendations for future implementation Multi-sig policies Assuming a 5 member squad, the multi-sig will be structured as 3 out of 5 10 % of the compensation will be sent at the start of the project 40 % of the compensation will be sent upon delivery of the first draft of the tokenomics solutions All remaining compensation will be sent upon submission of recommendation Roles & responsibilities of each member Project Lead/Steward: @jengajojo Oversees the group, coordinates tasks, and ensures milestones are met. Research Analysts: [Open Positions] Conduct in-depth research on tokenomics models and trends. Foundation representative: @addie Works with the RARI foundation to coordinate efforts and resources Scribe:[Open Position] Prepares detailed documentation of the recommended solutions. Budget Role Quantitiy Compensation (RARI) Steward 1 2500 Research Analyst 2 5000 Foundation representative 1 0 Scribe 1 2000 Buffer 500 Total ask 10000 Next Steps: Collect feedback from the community Signal your interest for open positions by commenting below

Likes: 6 Replies: 3

coffee-crusher - No Role

May 23, 2024, 10:06 p.m.

jengajojo: it is imperative to revisit and refine our tokenomics model to ensure it aligns wit… jengajojo: it is imperative to revisit and refine our tokenomics model to ensure it aligns with the community’s goals and fosters sustainable growth. Establishing a dedicated TokWG will provide the necessary focus and expertise to develop innovative and effective tokenomics solutions. Hi @jengajojo , I like the concept of this working group. Can you provide some clarification of the purpose of what the problem that this TokWG is trying to solve? What I understand from your abstract, is that this TokWG is a 3 month research and recommendations working group to determine if RARI’s current tokenomics strategy is still aligned to our DAO’s needs, and to identify and discover alternate tokenomic strategies with recommendations. Is that correct?

Likes: 0 Replies: 1

coffee-crusher - No Role

May 23, 2024, 10:11 p.m.

Gm, @jengajojo , I would also like to signal my interest in being considered for the Scribe role fo… Gm, @jengajojo , I would also like to signal my interest in being considered for the Scribe role for this TokWG. Thanks!

Likes: 1 Replies: 0

jengajojo - GWG Mods

May 24, 2024, 5:40 a.m.

Thanks for expressing interest in the scribe role, we’d be glad to have you on board. As for the pu… Thanks for expressing interest in the scribe role, we’d be glad to have you on board. As for the purpose/problem, the WG helps the DAO progressively decentralize by providing a time & resource limited testing ground for community led research & suggestion on upgrades to the RARI ecosystem’s tokenomics coffee-crusher: to determine if RARI’s current tokenomics strategy is still aligned to our DAO’s needs, and to identify and discover alternate tokenomic strategies with recommendations. This is a good way to describe it too!

Likes: 2 Replies: 2

Sixty - No Role

May 24, 2024, 8:19 a.m.

Hey @jengajojo, is there any information about the original tokenomic model/distribution of the RAR… Hey @jengajojo, is there any information about the original tokenomic model/distribution of the RARI token? jengajojo: Research Analysts: [Open Positions] Conduct in-depth research on tokenomics models and trends. Are there any specific qualifications or expertise required for the Research Analyst role? I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Maple Finance fundamental report 1

Likes: 1 Replies: 3

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addie: Hi @Sixty! We have some tokenomics info linked in the RARI DAO docs here: DAO Constitution | RARI DAO knowledge base
coffee-crusher: Sixty: dels of various projects before, so it would be great if I could take this role. @Sixty , you would be an incredibly strong candidate for the Research analyst role for this WK, as I know of your outstanding work at Push DAO.
jengajojo: Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

addie - This user is a moderator, GWG Mods

May 24, 2024, 10:01 a.m.

Hi @Sixty! We have some tokenomics info linked in the RARI DAO docs here: DAO Constitution | RARI D… Hi @Sixty! We have some tokenomics info linked in the RARI DAO docs here: DAO Constitution | RARI DAO knowledge base 4

Likes: 2 Replies: 0

Jaf - No Role

May 24, 2024, 10:43 a.m.

Thanks for presenting this proposal, @jengajojo At first glance, I like the structure of the WG and… Thanks for presenting this proposal, @jengajojo At first glance, I like the structure of the WG and the initial outcomes. Providing recommendations to the DAO is very valuable, but IMO this is one of those things that gotta be put in action to see ROI. My concern right now is that 3 months is a short time and I do see this as an ongoing need for the DAO. Also, would love to see scheduled open sessions and publicly available documentation to discuss RARInomics and the WG findings with the community. Default to public :slight_smile: Looking forward to discuss more in detail in the next Proposal review call.

Likes: 3 Replies: 2

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coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Regarding the 3 months, I agree, but I’m thinking that the completion of this WK would include next steps (and implementation) in a “2nd season” of the WK, maybe even with different participants and additional roles?
jengajojo: Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

coffee-crusher - No Role

May 24, 2024, 2:46 p.m.

jengajojo: the purpose/problem, the WG helps the DAO progressively decentralize by providing a… jengajojo: the purpose/problem, the WG helps the DAO progressively decentralize by providing a time & resource limited testing ground for community led research & suggestion on upgrades to the RARI ecosystem’s tokenomics Thanks for confirming my understanding of the work group. It will be a very interesting project, and thank you also for acceptance of my scribe submission, I’m very thankful!

Likes: 2 Replies: 0

coffee-crusher - No Role

May 24, 2024, 2:50 p.m.

Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a f… Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Regarding the 3 months, I agree, but I’m thinking that the completion of this WK would include next steps (and implementation) in a “ 2 nd season” of the WK, maybe even with different participants and additional roles?

Likes: 1 Replies: 2

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Sixty: Yes, a bi-monthly update would make sense since the working group will be in a research and analysis phase for the first iteration. Depending on the options scoped in the first iteration, we could make a recommendation to the rest of the DAO or a vote between the most feasible options.
jengajojo: Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

coffee-crusher - No Role

May 24, 2024, 2:53 p.m.

Sixty: dels of various projects before, so it would be great if I could take this role. @Six… Sixty: dels of various projects before, so it would be great if I could take this role. @Sixty , you would be an incredibly strong candidate for the Research analyst role for this WK, as I know of your outstanding work at Push DAO.

Likes: 1 Replies: 0

Sixty - No Role

May 24, 2024, 8:38 p.m.

Yes, a bi-monthly update would make sense since the working group will be in a research and analysi… Yes, a bi-monthly update would make sense since the working group will be in a research and analysis phase for the first iteration. Depending on the options scoped in the first iteration, we could make a recommendation to the rest of the DAO or a vote between the most feasible options.

Likes: 2 Replies: 0

bitblondy - No Role

May 25, 2024, 7:13 a.m.

Thanks for the proposal. I agree with the previous comments to be transparent about the workflow / … Thanks for the proposal. I agree with the previous comments to be transparent about the workflow / public documentation. I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points.

Likes: 3 Replies: 1

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jengajojo: Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

forexus - No Role

May 26, 2024, 10:44 a.m.

jengajojo: Conduct comprehensive research on current tokenomics models & identify best practic… jengajojo: Conduct comprehensive research on current tokenomics models & identify best practices. Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens?

Likes: 1 Replies: 1

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jengajojo: Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

jengajojo - GWG Mods

May 28, 2024, 5:45 a.m.

Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various … Thank you for the feedback everyone. Sixty: I have researched the tokenomic models of various projects before, so it would be great if I could take this role. Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Jaf: 3 months is a short time and I do see this as an ongoing need for the DAO. I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? coffee-crusher: Maybe a bi-monthly updates in both in the proposal review calls, as well as posting updating on a forum post would provide community visibility? Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? bitblondy: I think and important part is the presentation of the results (even if the current strategy still is a good way to go), ans writing down recommendations / action points Definitely. Producing public documentation is a key deliverable of this WG. forexus: Do you have a few examples of tokenomics models you plan to investigate? And will you be looking to a specific niche within crypto, or specifically to DAO tokens? The TokWG is free to venture into topics which it identifies as optimal for the DAO. Off the top of my head here are some potential areas the WG could look into. Assessing the effectiveness of incentivizing liquidity provision through rewards in native tokens to enhance market depth and liquidity. Incentivizing token holders to stake their tokens, thereby securing the network and earning rewards Models that utilize bonding curves to dynamically adjust token price based on supply and demand Deflationary models where tokens are burned to reduce supply & potentially minting new tokens under specific conditions to maintain a balance Mechanisms where a portion of the DAO’s revenue is distributed back to token holders, aligning incentives & promoting long-term holding Models which increase the utility of the token in the RARI chain or products built on top of it My suggestion is to focus on investigating models that can enhance the economic sustainability & growth the DAO. However as mentioned before such decisions should be made by the WG after further research on the topic.

Likes: 2 Replies: 2

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Jaf: jengajojo: Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? With the idea that this hopefully becomes (after some iterations) a formal ongoing workstream for the DAO, I’d say the communications need to be more frequent, ideally bi-weekly. We have limited time during Community Calls and waiting a month or two to discuss progress can be bad. This can be a very reduced report in the forum with bullet points. And again, it’s important having the documentation & research that this WG is producing publicly available. jengajojo: I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? To kick things off, let’s stick to the 3-month plan. As we make progress, we can propose continuing the working group for another season or even discuss converting it into something that runs for longer seasons
Sixty: jengajojo: Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Hey @jengajojo, I will be there! The proposal review call will be on the RARI DAO Discord later today, correct? jengajojo: Based on your feedback to continue with the 3 month framework, it’s best to not overpromise for the first iteration. Hence I’d like to reduce the scope to: Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1: Group formation and initial research Month 2: Identification of potential tokenomics models, development & gathering solutions Month 3: Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates depth & detail of the proposed solutions ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Draft proposal with clear documentation & actionable recommendations I am also seconding the scope of this first iteration of the TokWG, considering the WG is only meant to operate for 3 months. We can hit all the promised KPIs in the recommended timeline. Jaf: I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs. Having personally worked with @Jaf, I can attest to his excellent eye for detail and diligent and in-depth research in any topic he sets out to study.

Jaf - No Role

May 28, 2024, 12:15 p.m.

jengajojo: Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think… jengajojo: Thanks for the suggestion @coffee-crusher and @Sixty for seconding it. Do you think this is sufficient @Jaf ? With the idea that this hopefully becomes (after some iterations) a formal ongoing workstream for the DAO, I’d say the communications need to be more frequent, ideally bi-weekly. We have limited time during Community Calls and waiting a month or two to discuss progress can be bad. This can be a very reduced report in the forum with bullet points. And again, it’s important having the documentation & research that this WG is producing publicly available. jengajojo: I agree with this @Jaf The challange is that in the WG framework we specified 3 months as the max duration of a WG budget request. We could either reduce the scope of the first iteration of this WG or extend the max duration of budget for any WG. what do you think? To kick things off, let’s stick to the 3 -month plan. As we make progress, we can propose continuing the working group for another season or even discuss converting it into something that runs for longer seasons

Likes: 3 Replies: 0

jengajojo - GWG Mods

May 29, 2024, 5 p.m.

Thanks for the feedback @Jaf Based on your feedback to continue with the 3 month framework, it’s … Thanks for the feedback @Jaf Based on your feedback to continue with the 3 month framework, it’s best to not overpromise for the first iteration. Hence I’d like to reduce the scope to: Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1 : Group formation and initial research Month 2 : Identification of potential tokenomics models, development & gathering solutions Month 3 : Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates depth & detail of the proposed solutions ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Draft proposal with clear documentation & actionable recommendations for future implementation Also as an FYI, there is room for 1 more analyst to join the squad. Is anyone interested?

Likes: 2 Replies: 2

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Jaf: Thank you very much for taking everyone’s comments in consideration for this proposal @jengajojo. IMO - this is a more secure foundation for something we want to expand into a larger project. I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs.
Sixty: jengajojo: Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Hey @jengajojo, I will be there! The proposal review call will be on the RARI DAO Discord later today, correct? jengajojo: Based on your feedback to continue with the 3 month framework, it’s best to not overpromise for the first iteration. Hence I’d like to reduce the scope to: Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1: Group formation and initial research Month 2: Identification of potential tokenomics models, development & gathering solutions Month 3: Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates depth & detail of the proposed solutions ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Draft proposal with clear documentation & actionable recommendations I am also seconding the scope of this first iteration of the TokWG, considering the WG is only meant to operate for 3 months. We can hit all the promised KPIs in the recommended timeline. Jaf: I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs. Having personally worked with @Jaf, I can attest to his excellent eye for detail and diligent and in-depth research in any topic he sets out to study.

Jaf - No Role

May 31, 2024, 12:11 a.m.

Thank you very much for taking everyone’s comments in consideration for this proposal @jengajojo. I… Thank you very much for taking everyone’s comments in consideration for this proposal @jengajojo. IMO - this is a more secure foundation for something we want to expand into a larger project. I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs.

Likes: 3 Replies: 1

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Sixty: jengajojo: Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Hey @jengajojo, I will be there! The proposal review call will be on the RARI DAO Discord later today, correct? jengajojo: Based on your feedback to continue with the 3 month framework, it’s best to not overpromise for the first iteration. Hence I’d like to reduce the scope to: Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1: Group formation and initial research Month 2: Identification of potential tokenomics models, development & gathering solutions Month 3: Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates depth & detail of the proposed solutions ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Draft proposal with clear documentation & actionable recommendations I am also seconding the scope of this first iteration of the TokWG, considering the WG is only meant to operate for 3 months. We can hit all the promised KPIs in the recommended timeline. Jaf: I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs. Having personally worked with @Jaf, I can attest to his excellent eye for detail and diligent and in-depth research in any topic he sets out to study.

jengajojo - GWG Mods

May 31, 2024, 3:08 a.m.

Thank you @Jaf We’d be happy to have you onboard Based on the work done in the GC and the rationale… Thank you @Jaf We’d be happy to have you onboard Based on the work done in the GC and the rationale stated there 2 , I’d like to up the compensation to match that request. Role Quantitiy Compensation (RARI) Steward 1 3000 Research Analyst 2 6000 Foundation representative 1 0 Scribe 1 3000 Buffer 1000 Total ask 13000

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Sixty - No Role

June 4, 2024, 4:34 a.m.

jengajojo: Glad to hear that @Sixty Please join us in the next proposal review call to tell us… jengajojo: Glad to hear that @Sixty Please join us in the next proposal review call to tell us a bit more about your interests and experience. If there are no objections from other delegates, we’d be happy to have you onboard. Hey @jengajojo, I will be there! The proposal review call will be on the RARI DAO Discord later today, correct? jengajojo: Based on your feedback to continue with the 3 month framework, it’s best to not overpromise for the first iteration. Hence I’d like to reduce the scope to: Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions outlining the required resources and potential impact. Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1 : Group formation and initial research Month 2 : Identification of potential tokenomics models, development & gathering solutions Month 3 : Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates depth & detail of the proposed solutions ease/readiness for implementation MoS Successful community approval & adoption of proposed solutions Draft proposal with clear documentation & actionable recommendations I am also seconding the scope of this first iteration of the TokWG, considering the WG is only meant to operate for 3 months. We can hit all the promised KPIs in the recommended timeline. Jaf: I would also like to express my interest in the Analyst position within the WG. Full disclosure, this would be my first time formally performing this role. However, I have conducted substantial tokenomics research in the past, both during my time as a Core team member with Push and through my participation in other DAOs. Having personally worked with @Jaf, I can attest to his excellent eye for detail and diligent and in-depth research in any topic he sets out to study.

Likes: 2 Replies: 1

jengajojo - GWG Mods

June 4, 2024, 10:03 a.m.

Sixty: The proposal review call will be on the RARI DAO Discord later today, correct? Yes se… Sixty: The proposal review call will be on the RARI DAO Discord later today, correct? Yes ser and thank you for your support and feedback

Likes: 3 Replies: 0

jengajojo - GWG Mods

June 4, 2024, 1 p.m.

Abstract This proposal aims to establish a Tokenomics Working Group (TokWG) within the RARI DAO fo… Abstract This proposal aims to establish a Tokenomics Working Group (TokWG) within the RARI DAO for a period of three months. The ‘TokWG’ will operate for three months, with the primary goal of researching & proposing the first draft of tokenomics strategies to enhance the economic sustainability and growth of the RARI DAO ecosystem Motivation Effective tokenomics is critical for the long-term success and sustainability of any crypto product. With the rapid growth of the crypto space as well as the DAO, it is imperative to revisit and refine our tokenomics model to ensure it aligns with the community’s goals and fosters sustainable growth. Establishing a dedicated TokWG will provide the necessary focus and expertise to develop innovative and effective tokenomics solutions. Rationale Forming a TokWG will enable a concentrated effort on improving RARI’s tokenomics. By leveraging the collective expertise within our community and external advisors, we can create well-researched and tailored tokenomics strategies. This focused approach increases the likelihood of developing successful solutions that drive value for our ecosystem. Key Terms Tokenomics: The economic model governing the creation, distribution, and value of tokens within an ecosystem Specification Goals Conduct comprehensive research on current tokenomics models & identify best practices. Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem. Provide detailed documentation on the recommended solutions Gather community feedback on the proposed solutions to refine & improve them Timeline Month 1 : Group formation and initial research Month 2 : Identification of potential tokenomics models, development & gathering solutions Month 3 : Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO. KPIs #number of researched solution #biweekly WG updates MoS Draft proposal with clear documentation & actionable recommendations Multi-sig policies Assuming a 5 member squad, the multi-sig will be structured as 3 out of 5 10 % of the compensation will be sent at the start of the project 40 % of the compensation will be sent upon delivery of the first draft of the tokenomics solutions All remaining compensation will be sent upon submission of recommendation Multi-sig address 0 xC 805 b 3 Cd 0686 c 9 F 6 d 406 b 1 BF 9 ae 64 fA 28 FF 7 E 88 e Roles & responsibilities of each member Project Lead/Steward: @jengajojo Oversees the group, coordinates tasks, and ensures milestones are met. Research Analysts: @Jaf + @Sixty Conduct in-depth research on tokenomics models and trends. Foundation representative: @addie Works with the RARI foundation to coordinate efforts and resources Scribe: @coffee-crusher Prepares detailed documentation of the recommended solutions. Budget Role Quantitiy Compensation (RARI) Steward 1 3000 Research Analyst 2 6000 Foundation representative 1 0 Scribe 1 3000 Buffer 1000 Total ask 13000

Likes: 3 Replies: 1

Jaf - No Role

June 21, 2024, 12:58 p.m.

This proposal is up for voting until Mon Jun 24 Tally Tally | Rari DAO | RRC- 26 Tokenomics … This proposal is up for voting until Mon Jun 24 Tally Tally | Rari DAO | RRC- 26 Tokenomics Working Group Proposal 4 RRC- 26 Tokenomics Working Group Proposal

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jengajojo - GWG Mods

June 25, 2024, 5:12 a.m.

This proposal has passed onchain vote on tally 3 This proposal has passed onchain vote on tally 3

Likes: 2 Replies: 1

Sixty - No Role

June 26, 2024, 1:21 p.m.

Hey @jengajojo, It’s great to see this proposal has passed; as project lead, what are the next step… Hey @jengajojo, It’s great to see this proposal has passed; as project lead, what are the next steps for coordinating the formation of this working group?

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jengajojo - GWG Mods

June 28, 2024, 4:46 a.m.

The proposal did not include the code for transferring the budgeted tokens to the multi-sig address… The proposal did not include the code for transferring the budgeted tokens to the multi-sig address. The options I see are: Post a new proposal with the execution code -Or- TokWG delivers the output as stated in this post and gets retroactively rewarded by making another post’ @Sixty @Jaf @coffee-crusher What do you all think?

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coffee-crusher - No Role

June 28, 2024, 11:08 a.m.

By “not including the code for transferring”, I’m presuming that you mean that this proposal did no… By “not including the code for transferring”, I’m presuming that you mean that this proposal did not include the address of the multisig wallet, or do you mean that it didn’t include the tx address for the transferred budgeted tokens? Of the two options, I prefer option # 1 . Posting a new proposal with the execution code allows for it to be on-chain for future reference, especially when we’re referring to the transparency of the token’s budget.

Likes: 1 Replies: 1

jengajojo - GWG Mods

July 1, 2024, 6:07 a.m.

the post on forum had all the necessary details to schedule token transfer including the address an… the post on forum had all the necessary details to schedule token transfer including the address and the total amount, but the post on tally did not have the code snippet which transfers these tokens upon the proposal being passed.

Likes: 1 Replies: 2

coffee-crusher - No Role

July 1, 2024, 3:28 p.m.

Got it. OK, so I still stand by my option # 1 of a new proposal that includes that as follow up.… Got it. OK, so I still stand by my option # 1 of a new proposal that includes that as follow up. I’m presuming that Option # 1 also require it also to go to Tally?

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Jaf - No Role

July 2, 2024, 5:45 a.m.

IMO its more practical to go with option 2 . Going the proposal route again seems a bit unnecessar… IMO its more practical to go with option 2 . Going the proposal route again seems a bit unnecessary for me. This can be a quick topic for discussion in the gov call.

Likes: 1 Replies: 0

Sixty - No Role

July 2, 2024, 8:28 a.m.

Hey, guys @jengajojo @coffee-crusher @Jaf @addie, I think it would be best to coordinate the next s… Hey, guys @jengajojo @coffee-crusher @Jaf @addie, I think it would be best to coordinate the next steps outside of the forum and share our final decision afterward. It’s important to ensure all of us are aligned before the start of the working group. Could you set up a group chat for coordination @jengajojo.

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addie - This user is a moderator, GWG Mods

July 2, 2024, 9:56 a.m.

gm, @jengajojo and I spoke about a channel for coordination in discord. i created the “:moneybag:│t… gm, @jengajojo and I spoke about a channel for coordination in discord. i created the “:moneybag:│tokenomics” channel under the /DAO section of the server for the working group to use. please let me know if you have any questions or additional requests for the channel. thank you! Screenshot 2024 - 07 - 02 at 9 . 53 . 53 AM 1920 × 1247 70 . 3 KB

Likes: 3 Replies: 1

bitblondy - No Role

Aug. 17, 2024, 10:20 a.m.

How do we proceed with this? As far as I understand, the working group was approved in a proposal, … How do we proceed with this? As far as I understand, the working group was approved in a proposal, but the compensation was missing. And for the corrected one, the proposal was defeated? I’m reading on Tally that @Matt_StableLab’s concern for changing their opinion was mainly, that the governance working group should be the first one. Does the approval of the governance working group now allow for a resubmission of this proposal, or do you have additional concerns?

Likes: 1 Replies: 1

Sixty - No Role

Aug. 20, 2024, 9:58 a.m.

GM GM, I’m Just throwing my 2 cents in here; as a newer participant in this DAO, I’m not sure how… GM GM, I’m Just throwing my 2 cents in here; as a newer participant in this DAO, I’m not sure how exactly to move this particular situation, but I would obviously like to hear more from other members. So as it stands, The initial proposal for a Tokenomics working group passed 1 . This proposal unfortunately did not have the code necessary to move the RARI requested for compensation to the TokWG multisig. A second proposal (a corrected version of the first proposal) was created to address the above issue, this proposal did not reach quorum, and in addition to that, @Matt_StableLab had voted against it despite voting FOR initially. Everyone else who had participated previously had voted the same. The reasoning for @Matt_StableLab, who is the largest RARI delegate, voting against the corrected version was that this working group was redundant due to the creation of a Governance Working Group. The Governance Working Group, however, does not have any mandate or goals to address or research tokenomics, so this is not exactly a strong reason. In addition, @Matt_StableLab is part of the proposed Governance working group, which could be viewed as a conflict of interest. I would recommend a rerun of the corrected version of the proposal, but I would also love to hear from the rest of the community on how best to move forward.

Likes: 3 Replies: 0