On behalf of the PRO Delegators’ validator and the Govmos team, we would like to express our strong support for exploring this potential partnership. At the very least, we would fully back a signaling phase with a positive vote on the validator.
We also encourage the community to consider the broader implications of this venture. With the upcoming conclusion of AADAO services, we strongly advocate for the swift establishment of a new grant DAO. This is essential to maintain the critical role of grants in the Hub’s ecosystem and to prevent direct allocations from the community pool without proper review and oversight mechanisms.
At Govmos, we firmly believe that DAOs are indispensable for specific services such as grants and fundraising, just as financial risk management and liquidity planning are for Hydro. In this context, we see a valuable synergy emerging from a grant committee overseeing a community-driven bidding mechanism to allocate funds to the most impactful projects. This would effectively parallel Hydro’s decentralized liquidity allocation system, with Outbid functioning as the equivalent bidding protocol for strategic community grants.
In line with this vision, we recommend the formation of a grant committee tasked with monitoring, whitelisting, securing, and overseeing the Outbid system. This committee should be modeled after the Hydro committee structure, where skilled and vetted individuals ensure effective and transparent operations. Drawing lessons from AADAO’s shortcomings, particularly its lack of oversight and misaligned hierarchical structure, we believe this approach could provide the stability and efficiency needed to build upon its legacy.
To that end, we propose extending @ericontokenomics’ initiative to include the establishment of this specialized grant committee. Members should be carefully selected based on their expertise in grant reviewing, monitoring, and strategic allocation. The community should first define the core competencies required, followed by a proposal to nominate and elect suitable committee members.
While this proposal develops, we reiterate our warm support for the current initiative and express optimism that it signals a step in the right direction for reforming grant allocation and fundraising processes. These areas demand a decentralized framework, yet also require skilled individuals to ensure success. Outbid presents a promising foundation for this system, provided it is coupled with a robust oversight structure inspired by Hydro’s proven model.
We eagerly welcome community feedback on this proposition and remain open to challenges and alternative perspectives to refine and optimize this vision. Should the community align with our suggestion for a grant committee, we propose creating a parallel forum discussion to formalize this idea, ensuring both topics progress in tandem.
Thank you for your time and consideration.
Govmos.
