Proposal: Solution to Improve DAO Governance Efficiency

Ideas
1
  1. Motivation:

I believe API3 DAO is very serious about the its Governance Process and involving community in making key decisions as evidently by the amount of work has go into this document (API3 Governance Process)

I’m a co-founder of Syncvote. I believe our tool can add tangible value to the implementation of API3 DAO’s governance process without any changes to the current setup. The goal is to let admins and members focus on making decisions instead of getting lost in tech stuff.

  1. Problem Now:

I see 3 existing problems in implementing API3 DAO governance process:

  1. The proposer must remember all the technical details of the governance process to avoid making mistakes.

  2. The proposer has to bounce around different platforms, such as API3, for each step of the process.

  3. Any solution that could potentially consolidate everything into one platform for consistency and ease of navigation would require the DAO to abandon its current setup and adopt a new one.

  4. How We Solve It:

Syncvote is a chrome extension that can provide a unified front-end for any DAO member that wants to make a proposal to API3 DAO. It acts like a central hub, no more bouncing between different platforms. Members can kick off and handle proposals, watch progress, and move through stages – all in one interface.

Why Syncvote will fit nicely into the current API3 DAO practice:

  1. Non-invasive, there isn’t any new platform to familiarize with, just open the extension and click “start new proposal” to start.

  2. The extension works with all the platforms DAO has been using, so you don’t need to make any changes to your current setup.

  3. It’s free, our goal is to eventually put every DAO to operate completely on-chain, so until API3 DAO decides to write data on-chain; it won’t cost you anything.

My co-founder’s created this video to illustrate how the plugin works for a DAO: Syncvote Demo

  1. Next Steps to Implement:

To implement this transformative solution for API3 DAO, we propose the following steps:

  1. After the proposal has been passed, I will convert the API3 DAO Governance Process into a format compatible with Syncvote. An administrator/coreteam member can help me to follow-up and also check its accuracy.
  2. After that, API3 DAO will start announcing to community members on forum, announcement channels on discord and twitter API3 that they can start using Syncvote extension to make new proposals from then on.

In conclusion, I see this as a straightforward implementation that helps to smooth governance experience for API3 DAO community members. I would be grateful if API3 DAO adopts Syncvote.

Thank you for reading my post. I would like to have your feedback on this topic.

Godwin.

2

Thanks but I don’t think this would be a good fit for the DAO, as the API3 DAO already exists on-chain and uses a single platform for posting proposals. It’s simple enough already in that it starts in the forum and then goes to the DAO dashboard

2 Likes
3

Thank Mihav for the feedback.

I have read through some discussions (sorry that I cant include link in the answer). It seems that governance now requires many steps, and sometimes have to follow the rules. I think there would be a need for a DAO tool to make the governance friendly to all.

I would love to have some of your comments on the topic. The proposal aims to make the governance process be something easy for every community member to take part in.
Do you think the governance process now is easy enough for everyone to cast a vote or raise a voice?

1 Like
4

Yes, the process is simple enough now for people to do either of those. I can’t think of any way it can be made simpler than it currently is for those two

1 Like