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Incentive Design & Tooling for DAOs
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
Ben Perez • Incentive Design & Tooling for DAOs
Is the work highly complex, either in the task itself or the skill required to get it done?
Ben Perez • Incentive Design & Tooling for DAOs
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
Ben Perez • Incentive Design & Tooling for DAOs
What are the most pertinent values or circumstances of your DAO?
Ben Perez • Incentive Design & Tooling for DAOs
We propose that DAO’s should first ask the following question:
Ben Perez • Incentive Design & Tooling for DAOs
StreamsKey benefit or use cases: Reward ongoing commitment, real time - pay by the block.
Ben Perez • Incentive Design & Tooling for DAOs
Identifying your two or three most important factors can help to answer these questions and increase the speed at which you can identify the tools and incentive mechanisms most likely to help your DAO.
Ben Perez • Incentive Design & Tooling for DAOs
What are my DAO's specific needs? And which incentive mechanisms address them?
Ben Perez • Incentive Design & Tooling for DAOs
Challenges or limitations: Does not make sense for small discrete tasks.
Ben Perez • Incentive Design & Tooling for DAOs
What is your relationship to the contributor to be incentivized?