I would invite the community to read a white paper that I wrote back in December 2021 to consider a framework for analyzing DAO activity and how to determine what deserves the most attention from the SWAT program.
The public can make comments here (as one person already has). I would love to see the rest of the StakeWise community to review this paper, make comments and even challenge the thinking within the paper to make it better.
tl;dr (but I highly encourage you to read the paper) -
| DAO Function | Actual Score | Possible Score |
|---|---|---|
| Token Services | 11 | 15 |
| Governance | 19 | 20 |
| Treasury Management | 9 | 15 |
| Risk Management | 0 | 10 |
| Growth | 6 | 20 |
| Community | 11 | 25 |
| Operations | 3 | 15 |
| Development | 13 | 15 |
| Overall StakeWise DAO score | 72 | 135 |
I belive the paper would benefit from some additional comments / and review. I feel that the StakeWise team has addressed the lowest score (Risk Management) by supplying insurance for the protocol.
I would submit that based on the scores derived from within the framework we would want to focus on Growth, Community and Operations.
This objective review is very much in line with the sentiments already shared by @cryptochrome and @dreth in their previous posts.
Again - ideas are outlined within the framework of the paper, but if it’s tl;dr - I will focus on the primary two: Growth and Community.
Growth
Resources include Bankless, The Defiant, Delphi Digital, The Block, RabbitHole and Zapper.
Education
Summary: Educate customers on the benefits of interacting with the StakeWise Platform.
Score: Idea Conceptualized (1). Currently not aware of any active roadmap. Did get one mention by Bankless recently.
Events
Summary: Host events to make people aware of the StakeWise protocol. The team has hosted two community calls.
Score: In Active Development (3). More could be done in this space, but the core team has done a good start. Probably should start planning Community Call 3 in light of V2 launch and SWAT.
Community
Event Sponsorship
Summary: Participate and sponsor events like ETHGlobal, ETHDenver or NFT parties
Score: Idea Conceptualized (0).
Hackathons
Summary: Sponsor hackathons to grow the StakeWise Protocol.
Score: In Active Development (3). The SWAT team could be leveraged to deploy opportunities to improve the protocol.
Membership
Summary: Use tools like Unlock or Collab.Land to employ membership-based / members-only areas.
Score: Idea Conceptualized (1).
Meme Contests
Summary: Who doesn’t like a good meme? Have a meme contest like colony.io did recently. Have the meme contest on Discord.
Score: On StakeWise Protocol / Product roadmap (2).
Communications / Translations
Summary: Use tools like Discord, Telegram and GitBook to communicate about StakeWise. Support translations of the StakeWise website in multiple languages.
Score: Acceptance of Idea / Feature (5). Active community in Discord and Telegram. GitBook updated to include v2 (Node Operators). New website launch supports localization.
I would also highlight the comments a reviewer made of this paper as well - education and awareness as the top priority. To quote this person - “Liquidity calls on more liquidity”.
To answer the question on what would be the winning selection criteria for these tasks - the goals defined for the tasks selected would need to be SMART.
The SMART in SMART goals stands for Specific, Measurable, Achievable, Relevant, and Time-Bound.
Defining these parameters as they pertain to your goal helps ensure that your objectives are attainable within a certain time frame. This approach eliminates generalities and guesswork, sets a clear timeline, and makes it easier to track progress and identify missed milestones.
To read this framework in detail, please review the source of this idea here: How to write SMART goals (with examples)
I would humbly suggest to whoever is elected to the Bureau that they can use the framework of the paper to get started with the high level metrics and then define detailed KPIs within each metric. The model can be always be refined over time to be “made better”.
Rather than defaulting to complete a task that I know I could complete, my philosophy would be rather, to mentor a SWAT member and teach them how to complete the tasks if they needed help to complete them. It doesn’t do the protocol any good if the knowledge to complete tasks or do the work on the StakeWise protocol remains with a select few. I would rather assist the SWAT member first with the task that the Bureau set. (e.g. Servant leader mindset)
As a last resort however, if needed, I would help to step in to complete the task - but my philosophy would align with the education metric. I feel that the Bureau members should be leaders, and look to mentor others - rather than complete the work. This is how we can make the StakeWise community and protocol grow.
Most important rule: Always treat people with equality and respect.
Source: Ten Simple Rules for avoiding and resolving conflicts with your colleagues - PMC (It has a great framework for conflict resolution).