Mirror

Quarterly/biannual performance reviews (see here for a performance review of Aave’s Grants DAO)Weekly working group updates (see here for an example of our work with PoolTogether)Regular budget expense analysis (Aave Grants provides a list of funded and outstanding grants that are updated in real-time) 

Budget funds should be held in a multisigAt least 4/7 signers to avoid any central point of failure

Foundational Approach to S…Many DAOs are trying to onboard more non-technical contributors and scale their communities. No DAO uses the same approach, but it’s undeniable that small working groups empowered by token holders can more effectively scale a DAO than putting every decision to a governance vote.

Constraining funding too much will likely constrain the ability to attract quality contributors. A DAO should strive to create a culture where talent and performance is rewarded.

Community-driven working groups are the most effective way for DAOs to engage their communities, tap into the talent lurking in their social channels, and give community members skin in the game and the resources needed for success. 

Is the working group set up to be temporary or permanent?

The first way working groups help scale governance is by directly removing voting overhead. Specifically, a DAO can empower working groups with the ability to execute, allowing dynamic working groups to move fast and execute without putting every decision to a vote. For example, Yearn’s Governace 2.0 proposal outlines a thoughtful way to delegate e... See more

Stablecoin payments are necessary for cost of living, taxes

Put simply, good working groups reduce coordination costs within DAOs; they catalyze effective action with less bureaucracy.