I’d like to raise the idea of the DAO forming a governance committee. The primary objective of such a committee would be to implement and uphold standard requirements for sig props and core props.
Examples of proposal requirements:
- What should be the overall format of proposals?
- What details and specifications must be contained in proposals?
- What standard language must be included in all proposals?
- What is the standard for changes that are allowed between a sig prop and core prop?
- What is the exact process for requesting a funds disbursement from the DAO foundation once a core prop has passed?
- What other steps must be taken before posting a core prop?
Why do we need it?
I believe stricter standards and consistent processes are needed for proposals now that the DAO foundation signers are responsible for executing financial transactions based on them. The purpose of stricter standards and consistent processes is to remove ambiguity and ensure credibility.
Secondly, we need someone or some group empowered to post core props. This is currently a task that PC handles for the DAO, which is not going to be true forever. Unless, that is, we open up core props to be a free-for-all, which potentially makes the problem of setting and adhering to standards even worse.
How do we uphold proposal standards?
One potential way to enforce standards is to allow only governance committee members to post core props (today, only PC can do this, if I understand correctly). Core proposals would be submitted to the committee to be reviewed and subsequently published by any member of the committee who is willing to vouch for the proposals clarity and compliance with the DAO’s standards.
The committee should review proposals based only on their adherence to standards and clarity, without regard to the merit of the ideas. Feedback should be provided to the creator of the proposal to advise them of any standards that are not met and areas of ambiguity so that they can make revisions accordingly.
This would effectively require convincing a single committee member that the proposal is clear and in compliance with standards. Some may feel that this bar is too high, others may feel that it is too low. I think it’s an important point to discuss.
How will proposal requirements be set?
A governance committee should be responsible for writing templates and standards, in consultation with the broader community. The committee would propose new standards to be voted on by the DAO before they can take effect.
Who should serve on such a committee?
I would suggest an open election of individual members via weighted vote.
In my mind, objectivity is first and foremost required from someone on this committee. One must be able to judge the proposal only on its adherence to standards set by the DAO, setting aside any personal bias.
Nitpicky detail-oriented types usually handle this type of task well.
Lastly, it might be helpful to have at least one if not several foundation signers on this committee, as they will have insight into any challenges facing the signers when it comes to disbursing funds based on proposal language.
Compensation?
I think a small monthly stipend is in order. Perhaps maybe with a per-proposal bounty or some way to adjust compensation for members that contribute more or less to the process.
What other things could a governance committee do?
These are just ideas - stuff that has come up in discussion that might be useful for somebody to be working on, but it doesn’t necessarily have to be done by this committee:
- Implement processes and tools to streamline workflows from proposal posted through to funds disbursement this chain needs to be impeachable. Sending 100K GHST to the wrong address because of a miscommunication is not an option.
- Conduct a study of other successful DAOs and identify any good ideas we can
stealborrow - Research and propose possible methods of on-chain voting power delegation
- Review any potential changes to voting power calculation and quorom requirements
- Review work for satisfactory completion (could involve bounties to outside contributors with specialized knowledge where necessary)
What should we call it?
Well, I just spit out governance committee to get the discussion going, but I do think words matter, so I’m interested to hear if there are other more suitable names.
Interested to hear what y’all think of the concept.