ProposalsProposal 497

Currents by Propdates

Defeated
For
16
Against
35
Abstain
31
Quorum: 64
Proposed by
0x5504...12AE
, sponsored by
0x7f64...d6d2

Currents by Propdates

TL;DR: Continue funding Onnnnnion and Martin to improve Propdates and build more infrastructure around payments and accountability

Problem

A majority of proposals do not use streams and do not post updates because they have no incentive to do so. In order to increase accountability in the DAO and long-term proposal quality, we need to increase usage of streams and Propdates.

Solution

To solve this, we suggest an upgrade to the current Nouns streaming contracts, which were a fork of Sablier by the Verbs team built in 2022.

We propose Currents, an NFT-based streaming approach, with new features that fit the ecosystem's needs:

  • More streaming strategies: linear, exponential, cliffs, etc..
  • Propdates-required: currents will need an update within the last 30 days to unlock, increasing accountability
  • Transferable: claiming access belong to the NFT, so contributors can transfer to other wallets if needed
  • Onchain Metadata: just a nice touch to have the NFT render the current's data nicely :-)

You can read the technical document here.

In the next three months, we will:

  • Finish the Currents contracts (we've already begun work on them), get them fully tested, and audited.
  • Integrate Currents into Propdates, as well as other Nouns front-ends
  • Continue bringing upgrades and quality of life improvements to Propdates (including new designs). This might include features such as community updates, Prop House updates, personal channels, etc.

Propdates Metrics

  • 80 proposals updated (53 completed)
  • 153 updates
  • 30,000 words
  • 1 update every day on average
  • Check out all of our updates here!

Team

  • Martin (front-end, full-time, 6 ETH / month): built Propdates, Mogu, Payroll
  • Onnnnion (contracts, full-time, 6 ETH / month): built Propdates v2 contracts, designed Currents contracts

We will also contract solidity development and design help with the rest of the funds. We would also like to run a community contest for the art of the Current NFTs. This

Ask

  • 50 ETH streamed over 3 months, not including audit funding