The policy and rules of making a proposal
Proposals
Comments
The key question is “would KARA token holders approve this proposal?”. $Kara token holders are a balance of experimental and value-seeking. $Kara voter appetite will depend on the mandate of the proposal, the quantum of funds requested, the maturity of the project, and alternative opportunities available. When making a proposal, stand in the shoes of $Kara voters, or reach out to some known delegated voters for feedback.
The initial setup and funding can be highly experimental with almost no economic relationships defined. For subsequent or larger funding requests there will be expectations for economic terms to be well defined.
There can be different answers for the short-term and long-term solution, and an upgrade path between. We encourage experimentation and iteration with smaller pilot amounts, rather than waiting months to get started.
Terms
Mandate / Manifesto
what is the grand vision? how can this become bigger than Karastar DAO? how can this entity inspire others to create proposals of their own?
why would builders be inspired and incentivized to make more proposals
what is in scope and out of scope?
Synergies
why is this beneficial for Karastar DAO
what are the shared values?
what does it look like to scale up together?
Economic relationships — how are incentives aligned between DAO and builder teams? Are these trackable onchain? is tokenization required?
what is the short-term solution?
what is the long-term solution? (when amounts and ideas get large)
is KarastarDAO allowed to recall capital? what are the terms?
how much is the initial capital request? how will the capital top-up process look like? what are the milestones?
Governance — who makes decisions? how are decision-makers chosen? to what extent are proposals and decisions public or transparent?
what is the short-term solution?
what is the long-term solution?
Options include single decision-maker, permissioned committee, token holder vote, etc.. off-chain vote, onchain vote, unsigned.
Note:
There can be a transition from centralized decision makers to a DAO. Implementing a DAO model immediately may not be the best idea as it limits execution efficiency.
Treasury management — how are funds managed? who are the operators?
what is the short term solution?
what is the long term solution?
Risk management — how do we reduce economic risk across the ecosystem?
what is the short term solution?
what is the long term solution?
Possible solutions include: none, bonding / guarantees, insurance, hedging contracts, capital recall mechanics.
Other commitments and expectations — examples:
regular reporting, updates, posts
helping KarastarDAO ecosystem solve issues
immediate roadmap, first milestone
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