Incentive Design & Tooling for DAOs

Is the work highly complex, either in the task itself or the skill required to get it done?

Does the DAO need a mechanism that is decentralized, or is some centralization compatible with your incentives? There are excellent tools when you need incentives to be decentralized, and excellent tools when you can accept a more centralized approach. The answer for a well established DAO is likely to be different from a new one, as are the corres... See more

Does the DAO need a mechanism that is decentralized, or is some centralization compatible with your incentives?

Coordinape is the darling of the ecosystem right now and rightly so - it represents many of the best elements of Web3, decentralization and is a true digital native solution.

Streams are likely to become the salaries of Web3 because they have many of the same unique properties but provide a more digitally native and logical solution. These programmable cash flows can deliver payments block-by-block to contributors or other parties. For this reason, they are a great way to reward long term contributors and break the “mon... See more

We long for the day when Rabbithole or others have perfected the on-chain CV, but until that time, different levels of participation or contribution zones might act as proxies for reputation. 

Tipping might be viewed as absurd in most of the non-US world, but in the context of DAO’s, tipping can be a very valuable and healthy mechanism to help a DAO scale. Tips are often used more like airdrops (care-drops?) and their superpower is that they can reward value creation very rapidly, especially when unplanned but easily identifiable. 

How much time and ability does the team have to oversee administration of the incentive mechanism? For example, bounties are an elegant solution for easily definable tasks with clear success criteria (e.g. Does the code run or not?). But a bounty needs to be defined, advertised, reviewed and rewarded, all of which takes DAO members' time and resour... See more

How much time does it take to do the required activity?