DAO Thoughts & Learnings 23/16

3 things I learned about DAOs this week

  1. Collective Trust Tiers place Optimism users in a category based on their level of participation and involvement in the ecosystem. The more involved the user, the better their access to work, roles, and grants. For example, users that have never worked with the OP Collective are in the Ember Tier - They are only eligible to receive max 100k OP in grants. Those that have a long history of working in the ecosystem (e.g. core devs, partners, employees) and/or a significant track record in the RPGF rounds are in the Phoenix Tier - They can receive up to 1m OP in grants. Over time, Trust Tiers will incorporate Attestations and impact scores.

  2. Believability-weighted decision making argues that the best decisions are made by an idea meritocracy - Opinions of more capable decision makers have a higher weight. Used by Ray Dalio’s firm Bridgewater, the system tracks and measures everyone’s believability. The better your track record and ability to explain your decisions logically, the higher your believability for a given area of decision making. If the equal-weighted average and the believability-weighted votes are at odds, Dalio first tries to resolve the matter via discussion, and if that can’t be done, goes with the results of the believability-weighted vote.

  3. Proposal retrospectives: Once a proposal passes, it gets executed, and then mostly forgotten. Most DAOs hardly ever conduct retrospective assessments of proposals, i.e. did the proposal have the impact we thought it would? Did we make the right decision back then? Introducing proposal retrospectives could help us make better decisions and create transparency around which delegates consistently propose and argue for positive impact proposals.

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