DAO proposals, votes, and results

As of December 2021, all DAO business is conducted on the unsigned_algorithms Discord server. Following are all DAO proposals, votes, and results, sorted by most recent first.

Proposal #00003

Proposal #00003 (Passed)

Voting for #00003 – Marketplace % and Split (big thank you to @The Blockhead | ADA BLOCKS for the structure)

Who can vote and when does it end?
1. Make sure you are registered. Only registered holders of unsigned_algorithms are entitled to vote! Find the registration form here: https://unsig.info/the-unsigned-dao/

YOU ONLY NEED TO REGISTER ONCE! IF YOU HAVE ALREADY REGISTERED, PLEASE CONTINUE WITH YOUR VOTE!

2. You must have owned an unsig (in your registered wallet) 48 hours before now December 25th / 1300 UTC yes we will check

3. Majority Vote Wins. If more than 50% of all votes reject the proposal, it is rejected. If less than 50% of all votes reject the proposal.

4. Voting ends after 48hrs December 29th / 1300 UTC We’ll make three separate vote to make it easier below. (edited)

Vote 1: What should the total fee amount be?

Vote 2: Who pays the fees?

Vote 3: What percentage of fees goes to the unsigned_dao_treasury and what percentage (if any) goes to artist royalties?
Format:
DAO % :: Artist %. Actual fee amount received by each would be rounded to the nearest 0.25% depending on the result of Q1

Results

https://discordapp.com/channels/843043397526093885/902957910278176800/925767970020552816

Follow up

Fee decisions have been provided to GimbaLabs as a functional requirement of marketplace development.

Proposal #00002

Proposal #00002 (Passed)

Voting #00002 on proposal #00002 managed by @rivenbark

What?
unsig smart contract marketplace

First step to have a MVP dedicated marketplace for unsigs: WIP document here: https://docs.google.com/document/d/1zggkZE2Gz9mIhVlFTcj3EdSWuXc1TAsPLKpTSNcxMmU/edit

To be executed by GimbaLabs: https://www.youtube.com/watch?v=F1HyohE4o3w

Why?
Create a dedicated, smart contract enabled marketplace for unsigs. This provides a value today for people to buy & sell unsigs in a trusted and secure manner. Provides the foundation for futher unsig-related marketplace activity.

How much?
5,000 ADA. 2,500 to be paid up front to Gimbalabs 2,500 to be paid when work completed.

How long?
Payment to Gimablabs will be paid 2,500 ADA upfront at the direction of @monad.alexander to be processed by the custodian of the treasury (@monad.alexander ) right after voting. 2,500 ADA will be paid when the work completes by the treasury (custodians at the time of payment)

Who can vote and when does it end?

1. Make sure you are registered. Only registered holders of unsigned_algorithms are entitled to vote! Find the registration form here: https://docs.google.com/forms/d/12VbyC1MhJhw3q2Ki1i_mlCOG5Ncxe7g_6yIHBm42-lE/viewform?edit_requested=true [deprecated]

YOU ONLY NEED TO REGISTER ONCE! IF YOU HAVE ALREADY REGISTERED, PLEASE CONTINUE WITH YOUR VOTE!

2. You must have owned an unsig (in your registered wallet) 48 hours before now November 05th / 2230 UTC – yes we will check

3. Majority Vote Wins. If more than 50% of all votes reject the proposal, it is rejected. If less than 50% of all votes reject the proposal.

4. Voting ends after 48hrs November 09th / 2230 UTC (edited)

Results

https://discordapp.com/channels/843043397526093885/880801020660305990/907855286755270696

Follow up

Payment was made to the GimbaLabs pool pledge wallet here:

addr1qxhcfs7ssp5wuvehxm7l2s9gpqxj5yc6ezguhl5zmj2mks8rkguk9nh40nys7rdnquvcsccxu93q7d76ajjxnnn02pvqdlvyam

Transaction #:

742352b020c08d5800b99c30049d27627961b27985294c0fe5f270aa9d1c465e
Proposal #00001

Proposal #00001 (Passed)

This is voting #00001 on the proposal #00001 by @ada_boy⬛

What?
Pay @Mar5man for 007 Bot work up to date. Please visti botto get an extensive overview of the capabilities of 007 if you haven’t already.

Why?
The 007 Bot has become a unique and integral part of the discord, providing great information about unsigs. @Mar5man constantly improves 007’s functions and usability. @Mar5man has not received any reimbursement for the work on 007 so far.

How much? The paid amount is determined by emoji-voting. If you approve, chose a number between 1️⃣ and ? each representing the amount of THOUSAND ADA paid (e.g.: selecting 6️⃣ means you approve a payment of 6000 / six-thousand ADA). If you reject the proposal, please choose ⛔️.

How long?
Payment to @Mar5man will be processed by the custodian of the treasury ( @monad.alexander ) right after voting.

VOTING

Who can vote and when does it end?

1. Make sure you are registered. Only registered holders of unsigned_algorithms are entitled to vote! Find the registration form here: https://docs.google.com/forms/d/12VbyC1MhJhw3q2Ki1i_mlCOG5Ncxe7g_6yIHBm42-lE/viewform?edit_requested=true [deprecated]

YOU ONLY NEED TO REGISTER ONCE! IF YOU HAVE ALREADY REGISTERED, PLEASE CONTINUE WITH YOUR VOTE!

2. You must have owned an unsig (in your registered wallet) 48 hours before now November 04th / 2000 UTC – yes we will check

3. Majority Vote Wins. If more than 50% of all votes reject the proposal, it is rejected. If less than 50% of all votes reject the proposal, it is accepted the paid amount is calculated by the following method: Each votable value is multiplied by the percentage of overall valid votes allocated to it. Those are added up. Example: 10% vote for 2000 ADA and 90% for 9000 ADA funding. The paid amount is: 2000×0.1 + 9000×0.9 = 8300 ADA

4. Voting ends after 48hrs November 06th / 2000 UTC

Results

https://discordapp.com/channels/843043397526093885/880801020660305990/907347721457926195

Follow up

An agreement was made between @Mar5man and @monad.alexander to delay payment until after the 007 code has been released as open source. As of Dec 30, 2021, payment has not been made.

Proposal #00000

Proposal #00000 (Passed)

PROPOSAL #00000 by @ada_boy⬛

What?
I propose to use the following template and code of practice for future proposals made in the unsigned_DAO:

1) Template: Each proposal should be of the following structure:

Proposal #xxxxx by username – in ascending order
What? – a short description of the proposal with its main goals
Why? – justification of the proposal, gives reasons to have it executed, focus should be on the benefits for the unsigned_DAO or unsigned_algorithms in general
How much? – amount of ADA needed to fully execute the proposal
How long? – give and estimated time-frame until the proposal could be executed

If a proposal is found to be beneficial for the unsigned_DAO and / or unsigned_algorithms it is put forth into dao_voting and additional information on the voting process are provided by the voting host.

2) Code of Practice

Proposals and projects that seek funding from the unsigned_DAO should follow these rules:

a) First and foremost proposals shall have the benefits for all holders of unsigned_algorithm in mind. Every proposal shall seek to add value to the unsigned_algorithm space.
b) Proposals that seek to develop / code must make the source code available to the public for future updates
c) Proposals must not ask for funding beyond the available treasury balance.
d) Proposals must declare additional funding from third parties / entities (i.e. Catalyst or other DAOs) to avoid conflicting interests.
e) If a proposal gets funded by the unsigned_DAO it has to give a weekly status report of the progress until the funded project (part) is finished and implemented.
f) Proposals must state the schedule of payments (“All upfront”, “Weekly splits”…) with rationale.

Why?
It’s necessary for a well-working organisation to have a set of rules and to manage different proposals.

How much?
0 ADA

How long?
Implementation right after voting (edited)

Who can vote and when does it end?

1. Make sure you are registered. Only registered holders of unsigned_algorithms are entitled to vote! Find the registration form here: https://docs.google.com/forms/d/12VbyC1MhJhw3q2Ki1i_mlCOG5Ncxe7g_6yIHBm42-lE/viewform?edit_requested=true [deprecated]

2. You must have owned an unsig (in your registered wallet) 48 hours before now October 31th / 1700 UTC – yes we will check

3. Majority Vote Wins. If you approve the proposal, react with the ✅ emoji. If you reject the proposal, react with the ⛔️ emoji. Both emojis will be provided initially by the voting host @ada_boy⬛.

4. Voting ends after 24hrs November 1st / 1700 UTC

Results

https://discordapp.com/channels/843043397526093885/902957910278176800/904807023072403576

Follow up

Format has been adopted for subsequent proposals.