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After reviewing these questions, make sure to check how much flexibility you need from the crowdfunding technology. For CabinDAO we used default Mirror settings: the initial crowdfund participants would receive 1000 $CABIN per 1 ETH, with a fixed total supply. We also chose to allocate 50% of the fund to the CabinDAO treasury. The supply allocated ... See more
CabinDAO • How to DAO 101: Choosing a Tech Stack for CabinDAO
Reward members for ongoing work and activitiesEnter in inter-DAO partnerships by exchanging tokensPotentially conduct a second crowdfundProvide liquidity for the secondary token market if needed (e.g. via Uniswap)
CabinDAO • How to DAO 101: Choosing a Tech Stack for CabinDAO
PHASE 1: Recruit the Community
CabinDAO • How to DAO 101: Choosing a Tech Stack for CabinDAO
Reward Structure: What should we reward, under what terms?
CabinDAO • How to DAO 301: Contributor Rewards
In the DAO space, Cabin has been exploring this concept with their Passports and Stamps, whereby members earn stamps to add to their collection and display in their passports.
Ben Dobbrick • The Otters go Soulbound
Reward Eligibility: Who should we reward?
CabinDAO • How to DAO 301: Contributor Rewards
In our case, CabinDAO assigned 3 executive signatories to the Gnosis Safe account, with a requirement that 2 out of 3 signatories were required for any fund transaction. Each signatory had an individual wallet (Metamask) used to confirm the transaction.
CabinDAO • How to DAO 101: Choosing a Tech Stack for CabinDAO
How much of the supply will be reserved for the DAO treasury?
CabinDAO • How to DAO 101: Choosing a Tech Stack for CabinDAO
We chose Gnosis Safe as our crypto-native treasury platform. Gnosis provided two critical features: The ability to have each distribution of funds approved by multiple team members (a.k.a. Multi-signature), and a central location to preserve a mixture of funds: Ether and the social token.