Please describe your proposed solution.
Our proposed solution aims to leverage the growing momentum of decentralized autonomous organizations (DAOs) on Cardano, driven by emerging tools like Agora (<https://github.com/Liqwid-Labs/agora>), to further enhance the ecosystem.
While projects like Clarity (<https://www.clarity.vote/>) and Summon (<https://summonplatform.io/>) have already simplified the creation of Agora-based DAOs, the focus is now on advancing the developer ecosystem to push the envelope of what is possible with DAO treasury management.
Agora-based organizations offer the unique ability to execute code automatically after a vote passes, enabling a wide range of treasury effects such as withdrawals, governance parameter updates, asset swaps, and even staking ADA within treasuries.
However, the potential for what DAO treasuries can achieve on behalf of their communities is limitless, and we aim to engage the community in realizing these possibilities.
To achieve this, we propose hosting an open-source DAO treasury effect hackathon. The budget allocated in this proposal will cover the event space and provide the necessary resources to bring together the most talented developers within the Cardano ecosystem. This event will serve as a platform for brainstorming, collaboration, and the development of open-source tools. Our goal is to ensure that Cardano emerges as a robust and innovative ecosystem for the creation, management, and operation of DAOs, solidifying its position at the forefront of decentralized governance and organization management.