Please describe your proposed solution
PROJECT OVERVIEW
The role of dRep in project catalyst is rapidly evolving to become an integral part of the governance phase. Its primary objective is to enhance the current voting process. DREPs, or delegator representatives, are community members who have been elected by other community members to represent them in the Project Catalyst governance process, and have the responsibility of advocating for the interests of delegators. dReps are responsible for reviewing and voting on proposals that are submitted to Project Catalyst, and they also play a role in promoting community participation in the governance process. Though novel, Catalyst community still struggles to grasp the concept of the drep role, largely due to the lack of comprehensive education on its significance to the governance phase of Project Catalyst.
Another reason for the lack of awareness of the drep role is the absence of comprehensive education on the topic. There are a few resources available that explains the drep role, but they are scattered and not always easy to find. As a result, many community members are simply unaware of the drep role, or they have a limited understanding of it.
More importantly, with each voting cycle, the number of proposals capturing voters' attention continues to grow. This necessitates an outlook for the dRep role that ensures that every proposal receives equal consideration from voters. Moreover, the influx of proposals can inadvertently lead to overlooked projects with immense potential and opportunities. Introducing liquid democracy into the Cardano space through the catalyst community will not only promote technology integration but also enhance the governance framework of project catalyst.
The responsibility of dreps will not only ensures quality and efficient review and voting of proposals in the governance phase of Project Catalyst, but also to play a vital role in ensuring that the process is fair and transparent. If community members do not understand the drep role, they may not be able to effectively participate in the governance process.
Unfortunately, existing platforms that should offer comprehensive education on the dRep role to the catalyst community are currently insufficient. Therefore, we firmly believe that, like all other roles within the ecosystem, the dRep role also necessitates a dedicated platform for comprehensive education especially in emerging catalyst communities in Africa, where the catalyst community base is gradually increasing. Our proposal aims to address this need by establishing an educational platform to create awareness specifically for the African catalyst community.
To address the lack of awareness of the drep role, our initiative aims to embark on education and training summit, with the aim of creating awareness and more comprehensive education on the topic. This would be a dedicated initiative to serve as an educational resource platform for educating and empowering catalyst community members in Africa to boost the participation of the community in governance phase of project catalyst. This would be helpful to provide more training opportunities for community members so that they can learn about the drep role and how to participate in the governance process.
<u> PROGRAM OUTLINE</u>
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Introduction to the Cardano ecosystem: An overview of the Cardano protocol and its governance mechanisms.
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Understanding DREPs: A deep dive into the role and responsibilities of DREPs in the Cardano ecosystem, their interaction with stake pools, and the impact of their decisions on delegators.