Please describe your proposed solution
One of the main discussion questions in the Cardano constitutional conferences in the regions was to “provide good ideas that have been implemented in decentralized governance models of other blockchains”
Context and problem.
The ETHDAO or ARBDAO has proposed to withdraw the ecosystem fund with a value of hundreds of millions of Dollars or one of the effects that led to the collapse of LUNA-UST with 1 approved governance proposal. without anyone knowing and participating.
CIP-1694 has been implemented since the beginning of 2023 and achieved very good results, but the number of communities participating in official contributions is not much. At least when compared with the number of participants holding ADA through the statistics of the number of ADA stake wallets.
I also encountered this problem, when participating in the sharing and propaganda Cardano Constituation in our community. Most people do not understand what a decentralized governance system must have, what is considered a decentralized governance.
Besides, decentralized governance is extremely complex, different in the size of a project as well as the type of project. For example, the governance of an L1-based blockchain is certainly very different from that of a Dapp.
DAO documents are often only found through the project's own sources and are incompletely reported in the media. There is not a single source that describes, statistics, analyzes, and compares decentralized governance models.
Our solution
Solution 1
1. We will share knowledge about decentralized governance, DAO, and Voltaire regularly in the communities where we are admins or reputable people
Example: Cardano ADA VietNam Facebook group – 48k members
Telegram group – 1050 members
Many telegram groups in Vietnam Cardano community
2. Organize mini-games to encourage the community to use Cardano DAO tool (For exp: summonplatform.io, ClarityDAO, DanogoTempo…)
- A very simple game like we will promote a game that the reward will be Cardano native tokens and the community will vote to choose which token will be the reward.
- This will give the community a taste of how basic decentralized governance works.
- We will collaborate with other projects or communities to join games too
Solution 2
1. We will create a set of documents about typical decentralized governance models in many forms so that the community can learn and increase awareness in the best way.
2. The document will introduce and describe the decentralized governance model of 9 projects. These 9 projects will be divided into 3 sets,
The structure of each set will include
- 2 projects are being developed on Cardano, and 1 project is developing in another ecosystem.
- The articles introduce and analyze each project. (from 1-2 articles, each article has a length of 1000-2000 words)
- Articles comparing projects with each other (1 article is 1000-2000 words in length)
- Short clip introduces a project for the community to understand visually. (whiteboard clip with duration 8-10 minutes)
- Short questions for readers to check their own knowledge. (5 questions for each post)
- Live sharing and answering livestream (1-2 hours per session)
Solution 3
To increase efficiency and spread, we will cooperate with other projects and communities through forms such as:
- Collaborating with other projects to make clips
- Cooperate in posting articles
The impact
- The knowledge in the aggregate and diversity helps the community have a comprehensive view of decentralized governance.
- Once understood, it also means that people will actively participate in decentralized governance.
- Using the DAO tools ( like summonDAO tools, etc.,) will not only help the community get acquainted with on-chain voting but also introduce DAO tools developed on Cardano.
- The mini-games will help evaluate how effective the implementation of DAO tools of decentralized governance is in small communities and the cooperation between communities or projects.