Introducing more accountability to the GnosisDAO
Since its formation in late 2020 the GnosisDAO has been growing rapidly. In the past two years more than 70 GIPs had been submitted covering many different topics, teams and stakeholders. Since the xDai merge the number of submitted GIPs per month have increased at an even higher pace. As a result, it is difficult for stakeholders to keep up with the growing coverage and complexity of the Gnosis Forum. Additionally, information is limited regarding what happened after a GIP passed. DAOs are intended to be transparent in its operations and decision-making processes. In a DAO, all proposals and votes are recorded on the blockchain, which allows anyone to view them and track the progress of the DAO. However, this transparency ends in most cases once the snapshot was taken and funds were transferred to the teams that authored the GIP. In the past two years 45 GIPs passed successfully. Yet, what happened afterward and the status of those projects are largely unknown. Moving forward, the GnosisDAO should make sure that transparency is maintained after the funds are transferred by requiring that the community is informed about the progress and results of the GIPs in a formal manner.
What steps are planned to make it easier to navigate through the GnosisForum and keep track of the developments that are happening within the GnosisDAO ecosystem?
The first step will be to give the forum a new and more structured appearance. Categories and topics will be reorganized, governance resources will be updated and added. Lastly, the forum will get a fresh new design.
To improve transparency teams that authored GIPs should provide updates about their work. This applies to previous as well as future proposals. The following template shall be used as a guide to communicate the status of a GIP.
Additionally, the community can ask questions that should be addressed in the updates. In the coming days teams of passed GIPs will be asked to provide updates. Watch out for your favorite GIP to learn what has happened since their snapshot passed.
What other steps are planned to improve the overall experience and transparency within the GnosisDAO?
For a better overview a GIP dashboard will be introduced, summarizing main aspects of the different GIPs and navigation the community through the proposals.
The GIP templates will be updated to tailor better the different kinds of GIPs (e.g. meta, funding, partnership, maintenance etc.). Also those templates will ask to set milestones for bigger projects and funding requests. Bigger funding requests shall be fractionalized according to those milestones and funds will be allocated once the milestones were set.
For some projects streaming funds rather than an upfront payment are more reasonable. Here, we are already looking into different protocols for money streaming.
Furthermore, we would like to invite the GnosisDAO community to give feedback on the planned steps and also ask you to give input on other measures you would like to see in order to track the further developments of the GnosisDAO.
With those new measurements the aim is to inform all GnosisDAO stakeholders about the GIPs from proposal ideation to project finalization.