RFC - DAO Governance Framework Reference Repo

Governance Radix Community DAO
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Over the Easter Weekend we (I and AI’s) have crafted a complete Governance Framework for a modern DAO based on a combination of your inputs and best practices from other DAO’s. I personally struggled with the bottom-up approach because I did not see the full picture. And this is the goal of this repo. To give you all an understanding of the totality and what it means to be a fully operational Decentralized Autonomous Organization.

As discussed with RAC:
This Governance Reference Repo can be used for learning, discussions and can assist RAC/Community in facilitating the discussion and scoping of the governance documents that will lay the foundation for the Transition. I believe it gives a good structure of the governance areas and how to organize it.

The repo also contains an example of a transition process where RAC carries a temporary larger responsibility than in a fully operational DAO. It does not contain the legal Entity docs. But it contains a document called Legal Wrapper and Representation that bridges the entities together.

To be clear: Nothing is decided and all docs, policies, phases and parameters are suggestions. It’s a starting point!

Why is it so complex? The framework act as protection for any Token Holder and institutional investor. Without this type of framework we will reduce the likelihood of attracting external capital.

Why these complex Working Groups? Answer: The Working Groups structure seems complex but are very key to balance the authority and secure accountability. The structure is important but the size can be anything from a large team to 1 person part time.

The suggested working groups are ….. suggestions.

Start with reading the readme and framework-intro in the supporting Materials folder.

Status from me: I will try to assist explaining the concepts and further develop the framework based on your constructive inputs. The reputation system is yet to be designed. To many variants exist out there. When you guys have decided on a design I can add the needed framework wordings.

The best way you can contribute is by reading, expressing your concerns, suggestions and questions in clear text. I can then run it up against the framework and let it give a validated feedback.
I have also crafted a test script where I can throw in use-cases, events and edge cases and test how it will be executed throughout the DAO.

My next todo is to craft an AI Agent that based on 7-8 descriptive texts can produce a compliant proposal-document ready for community review and voting. Already tested with the Gateway and stokenet proposals. And it looks promising.

I hope you guys find this useful.

-Daffy

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Design our Minimum Viable DAO (MVD)
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Appreciate the hard work that went into putting this all together. It is incredibly detailed at this stage and would be useful as overall governance to adopt after the initial forming of the DAO.

One thing I note, conflicts of interest policy 3.2 Organizational Affiliations and 7. RDX Works and Commercial Entity Relationships. I believe these need some alteration, I would make them more broad based, as noted the Foundation is winding down and transferring assets across to the DAO when formed, RDX Works is in the process of being closed down and has no continuing operations as noted in their annual accounts.

I believe it more prudent and encompassing to include disclosure requirements that state any individual or entity with more than 10% token holding of current supply should be required to disclose this publicly so the community is kept informed. Both if they are employed by the entity or if they hold equity within an entity that obtains voting power/token holdings. This would capture any future entities that bought into the network that would have significant influence and voting power if they suddenly acquired a substantial amount of tokens while still capturing any assets and voting power that still currently reside in the historic entities of the networks development (RDXW/ Foundation) and the transfer of these assets to new entities.

Note: Full transparency, I am currently employed within RDXH group which is the owner of RDXW, not speaking in my capacity as an employee but as a community member for the best interests moving forward.

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Thank you for your inputs.
Good catch. Let me clean it up.

Let me think about your other comments. And thanks for the transparency. There is several new faces on Telegram with little to none history. It’s hard for everyone to know who’s who in this zoo

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Update on the Conflict of Interest is pushed to the repo. Thanks.

Your proposal to require disclosure is radically different compared to what other DAO’s are doing. But is particularly interesting taking into concern the history of Radix and the current marketcap.

One thing is to add it to Conflict of Interest and Code of Conduct but it’s another dimension to actually enforce it throughout the framework where votes need to be invalidated either by RAC or by veto processes.

We are keeping this topic on our minds. And please share your concerns with RAC members directly if you need any sense of urgency on this matter.

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