Proposal: Allocate 60,000 OSMO from the community pool to a community multisig address to be spent on bootstrapping and managing the Osmosis community support DAO
The DAO will be controlled by a 3-of-5 community multisig. The admins of this multisig will be:
- Michael Barbera (TG @MikeBarb)
- Dennis Kim (TG @SJ_DK)
- Edwin Hartman (TG @DynamicManic)
- Justin M (TG @jm124578)
- Kevin Dizzle (TG @kevindizzle)
Every three months, the DAO will produce a transparency report detailing the use of funds in the previous quarter. The report is expected to state the amount of funds spent in the quarter, and for what purpose they were used. See sample-transparency-report.png included in this gist as an example of what is expected.
Initially, the DAO will assemble a team to manage channels specifically for Osmosis support issues. This team will be responsible for creating and maintaining a Telegram channel specifically for any technical problems or questions that Osmosis users might be having. The DAO will also provide support to Twitter users experiencing difficulty with Osmosis. Furthermore, the DAO will use funds for training new support staff members.
Over time, the DAO will spearhead more community-run initiatives and provide an organized process through which community pool funds can be allocated and dispersed. The DAO will eventually become informal community leadership regarding protocol governance. DAO members can help other community leaders formulate ideas for how to improve Osmosis and collaboratively draft and submit these proposals. In particular, the DAO will assume a leadership role in facilitating regular discussions about updating pool rewards and submitting proposals to this end.
This team will help increase decentralization in Osmosis by putting the community in charge of key operations and distributing OSMO back to community members who help onboard more users through technical support and general education. The DAO will set a precedent not just for Osmosis but the overall DeFi industry. This proposal is the first of its kind among DeFi protocols.
In coming years, the DAO will require additional funds to continue operating. The Osmosis community can allocate new funds to the DAO through future governance proposals.
Hi. I'm Kevin Dizzle (TG and DC @kevindizzle), a member of the five-person multi-signature team that makes up the proposed Community Support DAO. I replace the inimitable Ernest Serwenmøøn (TG @ErnestsM) who's been called to other duties. Who am I?
I'm a lucky man. I've worked as scriptwriter, filmmaker, producer, creative director/copywriter, stand-up comedian and host. I've developed a knack for interacting with diverse community members as a comedy show host and producer in NYC for 6 years. I'm a member of the Producers Guild of America, New Media Council. And during the latest pandemic I created iTunes' #2 Comedy Fiction podcast (S. Africa). I first invested in cryptocurrency in June of 2017.
Fast forward four years. After a few days verbally sparring with a curmudgeon on the Osmosis telegram chat, on 7/3/2021 at 1:34pm, I joined the ION Governance Working Group chat. There I met the other four folks in the multisig. I hit it off with Osmosis team members. Almost immediately I became enthralled with the animated discussion of ideas. I joined the fray. We worked collectively, collaboratively, and sometimes combatively, to find an ideal use for the ION token.
My main goal has been to listen, observe, and contribute to the conversation in constructive ways. I've found a niche in verbally expressing our shared values, working to ensure we're considering the best interests of Osmonauts and the Osmosis Zone. I especially like the challenge of couching our best ideas in easy-to-grasp terms.
I'm invested in Osmosis and believe in its potential to become the biggest and best AMM in the Cosmos ecosystem. I particularly cotton to how it was "designed such that the most efficient solution is reachable through the process of experimentation and rapid iteration by leveraging the wisdom of the crowd."
May we harness that wisdom and go forth. Together, I believe we have the best chance to usher Osmosis toward maximum growth. Peace.
P.S. I recommend checking out the discussion over the past two months here.