0xd8936e60…debfsent to0x6552c8fb…ada1·#24,436,404·0xc0580229…31c215
Proposal hasn't followed the guildelines of the RARI Foundation, therefor hasn't followed the established governance processes. We also do not know who this person is.
0x6552…ada1
All memos sent from and to 0x6552…ada1.
0x3ab46f4f…75absent to0x6552c8fb…ada1·#24,405,913·0x51b5a9b6…436152
RRC-55: Reduce Sell Fee to 1.5% to Enhance User-Friendliness
To improve the protocol's accessibility and user experience, this proposal suggests lowering the sell fee to 1.5%. Lowering the fee will make our platform more competitive and attractive to users. Your support for this change is appreciated. Please vote in favor if you agree with this improvement!
0x057928bc…4048sent to0x6552c8fb…ada1·#23,855,793·0x22e27137…4ca976
It removes a major technical barrier, making the protocol fully accessible to the huge and growing community of users with smart contract wallets.
0xe2238254…028asent to0x6552c8fb…ada1·#23,840,737·0x72d330ac…3e00c2
# RRC-54: Rarible ExchangeV2 Account Abstraction Support
**Author:** Vadim Fadeev - Rarible
**Reviewer:** Anna Riabokon - Rari Foundation
***
## 1. Abstract
This proposal upgrades the **Rarible ExchangeV2** order validation logic to fully support **Account Abstraction (AA)** and **smart contract wallets** while remaining backward compatible with existing EOAs and signatures.
The new implementation:
* Uses EIP-712 typed data (`"Exchange", "2"`) for deterministic order hashing.
* Adds robust **EIP-1271** signature verification for contract-based accounts (AA wallets, Safes, etc.).
* Retains standard ECDSA validation for EOAs.
* Avoids incorrect assumptions based on `EXTCODESIZE`: AA wallets are contracts and therefore have **non-zero code size**, but must still be treated as valid signers when compliant with EIP-1271.
This change is implemented via an upgrade of the ExchangeV2 order validation component and executed on-chain through Tally’s executable proposal mechanism.
***
## 2. Motivation
### 2.1 Account Abstraction Compatibility
Modern users increasingly interact through **smart contract wallets / AA accounts** (e.g. Safe, AA frameworks, modular wallets). These are deployed as contracts, so `EXTCODESIZE` (and equivalents) returns **non-zero**, even when they function as primary user wallets.
Legacy patterns that interpret “contract = invalid user” or require `EXTCODESIZE == 0` for signature validity break AA flows.
This upgrade:
* Explicitly supports contract-based accounts as order makers.
* Verifies their signatures using **EIP-1271** (`isValidSignature`) instead of rejecting or misclassifying them.
* Ensures AA users can seamlessly create, sign, and execute orders on Rarible Protocol.
### 2.2 Security & Correctness
* Uses structured **EIP-712** hashing via `EIP712Upgradeable` for robust domain separation.
* Separates EOAs and contracts using standard introspection, but does **not** rely on `EXTCODESIZE == 0` as a trust signal.
* Prevents false negatives for valid AA wallets and reduces attack surface caused by ad hoc signature handling.
### 2.3 Ecosystem Alignment
* Aligns Rarible ExchangeV2 with ecosystem standards around:
* **EIP-1271** for contract wallet signatures.
* Account abstraction–friendly infra across major wallets and bundlers.
* Simplifies integrations for partners that already support AA and contract wallets.
***
## 3. Rationale
The Rarible Protocol must remain compatible with:
* EOAs signing EIP-712 orders.
* Smart contract wallets implementing **EIP-1271**.
* Future AA patterns that standardize contract-based authentication.
The proposed model:
* Uses a **single canonical EIP-712 hash** (`LibOrder.hash` + `_hashTypedDataV4`) as the message to verify.
* For contracts: calls `isValidSignature` and expects the magic value `0x1626ba7e`.
* For EOAs: uses ECDSA recovery and strict equality to `order.maker`.
* Ensures `order.maker != address(0)` on all accepted paths.
* Does **not** assume that non-zero code size implies invalidity; instead, it implies **EIP-1271 verification is required**.
This keeps the design simple, auditable, and compatible with both existing users and AA-native flows.
***
## 4. Specifications
### 4.1 Validation Logic (High-Level)
Given `order` (`LibOrder.Order`) and `signature`:
1. Compute:
* `hash = LibOrder.hash(order)`
* `typedHash = _hashTypedDataV4(hash)`
2. If `order.salt == 0` and `order.maker != address(0)`:
* Require `msg.sender == order.maker`.
* No off-chain signature check required (gas-efficient path).
3. Otherwise, if `msg.sender != order.maker`:
* If `order.maker` is a contract:
* Call `IERC1271(order.maker).isValidSignature(typedHash, signature)`.
* Require returned value equals `0x1626ba7e` (MAGICVALUE).
* If the call reverts or returns anything else, revert with a clear error.
* If `order.maker` is not a contract:
* Recover signer from `typedHash` using ECDSA.
* Require recovered signer equals `order.maker`.
4. In all valid flows:
* Require `order.maker != address(0)`.
5. Maintain storage gap for upgradeable compatibility.
### 4.2 Reference Implementation Snippet
```solidity
// SPDX-License-Identifier: MIT
pragma solidity 0.7.6;
import "./libraries/LibOrder.sol";
import "@rarible/lib-signature/contracts/IERC1271.sol";
import "@rarible/lib-signature/contracts/LibSignature.sol";
import "@openzeppelin/contracts-upgradeable/utils/AddressUpgradeable.sol";
import "@openzeppelin/contracts-upgradeable/utils/ContextUpgradeable.sol";
import "@openzeppelin/contracts-upgradeable/drafts/EIP712Upgradeable.sol";
abstract contract OrderValidator is Initializable, ContextUpgradeable, EIP712Upgradeable {
using LibSignature for bytes32;
using AddressUpgradeable for address;
bytes4 constant internal MAGICVALUE = 0x1626ba7e;
function __OrderValidator_init_unchained() internal initializer {
__EIP712_init_unchained("Exchange", "2");
}
function validate(LibOrder.Order memory order, bytes memory signature) internal view {
if (order.salt == 0) {
if (order.maker != address(0)) {
require(_msgSender() == order.maker, "maker is not tx sender");
}
} else {
if (_msgSender() != order.maker) {
bytes32 hash = LibOrder.hash(order);
bytes32 typedHash = _hashTypedDataV4(hash);
if (order.maker.isContract()) {
bool isValid = false;
// AA / smart contract wallet: EIP-1271
try IERC1271(order.maker).isValidSignature(typedHash, signature) returns (bytes4 result) {
isValid = (result == MAGICVALUE);
} catch {
isValid = false;
}
require(isValid, "contract order signature verification error");
require(order.maker != address(0), "no maker");
} else {
// EOA: ECDSA
address signer = typedHash.recover(signature);
require(signer == order.maker, "order signature verification error");
require(order.maker != address(0), "no maker");
}
}
}
}
uint256[50] private __gap;
}
```
**Note:** For AA wallets and smart contract wallets, `EXTCODESIZE(order.maker)` (or `order.maker.code.length`) is **non-zero**, which is expected and supported. These accounts are validated exclusively via **EIP-1271**, not rejected because they are contracts.
***
## 5. Steps to Implement
1. **Specification & Feedback**
* Publish this proposal to the **RARI DAO forum** for comments from the community, wallet teams, and integrators.
2. **Testing & Audit**
* Extend test suite to cover:
* EOAs with valid/invalid signatures.
* EIP-1271-compliant wallets (e.g. Safe).
* AA flows where maker is a contract with non-zero code size.
* Optionally commission an external review focused on the new validation path.
3. **On-Chain Proposal**
* Deploy an upgrade contract or use existing upgrade mechanisms.
* Create a **Tally** proposal with executable calldata to:
* Upgrade ExchangeV2 implementation to the new `OrderValidator` logic.
4. **Governance Process**
* Voting period (~5 days, per DAO rules).
* Cooldown/veto period (~2 days), if applicable.
5. **Execution**
* Upon approval, execute the upgrade via Tally.
* New validation logic becomes effective for all new orders.
* Communicate upgrade details to integrators and ecosystem partners.
***
## 6. Summary
This proposal upgrades **Rarible ExchangeV2** to be **Account Abstraction–ready** by:
* Supporting **EIP-1271** signatures for smart contract wallets.
* Preserving EOA support via ECDSA + EIP-712.
* Correctly handling the fact that AA wallets are contracts with **non-zero** `EXTCODESIZE`, and must be validated via contract-based logic instead of being implicitly disqualified.
The change is minimal in scope, high in impact, and fully aligned with the evolving Ethereum wallet landscape, ensuring Rarible remains a secure, modern, and AA-compatible protocol.
0x0543688e…472bsent to0x6552c8fb…ada1·#23,801,555·0xacad1b9f…cb0d03
I like the fact that the mechanism strengthens the DAO’s financial sustainability while directly aligning user incentives with DAO growth. More incentives maybe more engagement.
0xe2238254…028asent to0x6552c8fb…ada1·#23,784,948·0x02e0cf66…68ad80
# RRC-53: Set Rarible ExchangeV2 Protocol Fee Proposal executed
**Author**: Anna Riabokon (Rari Foundation), Rarible Team
**Reviewer:** Stable Lab
## 1. Abstract
This proposal updates the Rarible ExchangeV2 protocol fee parameters: set the seller fee at 200 bps (2%), the buyer fee at 0 bps, and route all fees to a dedicated recipient wallet. Collected fees will be swapped into RARI and distributed back to users through RARI claims on [rarible.com](http://rarible.com/) based on the points they’ve collected. This mechanism strengthens the DAO’s financial sustainability while directly aligning user incentives with DAO growth.
***
## 2. Motivation
* **DAO sustainability:** Creates a consistent revenue stream to support long-term DAO financial stability.
* **User experience:** Aligns fee structure with other supported networks, ensuring consistent pricing across chains.
* **Operational efficiency**: Simplifies reward accounting and reduces costs for integrations.
* **Lower gas costs**: Fewer order parameters and payout steps reduce mainnet execution overhead.
* **Strengthened Tokenomics & Treasury Impact: F**ee redistribution into RARI strengthens tokenomics by creating a self-reinforcing cycle: more activity → more fees → more rewards → increased engagement. While the system redistributes RARI to users, it indirectly supports the DAO by deepening ecosystem token demand and governance participation (AInvest).
***
## 3. Rationale
* The Rarible Protocol supports **flexible fee structures**, allowing separate control over seller and buyer protocol fees.
* The 200 bps seller / 0 bps buyer setup is a simple, widely accepted model, making it easy to implement without requiring structural changes.
***
## 4. Specifications
* **Protocol fee (seller)**: 200 bps (i.e., 2%)
* **Protocol fee (buyer)**: 0 bps
* **Fee recipient**: 0xb6EC1d227D5486D344705663F700d90d947d7548
* **Execution mechanism**: via Tally’s executable code feature to upgrade contracts on-chain (similar to prior fee proposals) [tally.xyz+2tally.xyz+2](https://www.tally.xyz/gov/rari-foundation?utm_source=chatgpt.com)[RARI Foundation+2tally.xyz+2](https://forum.rari.foundation/t/rrc-xx-implementing-a-rari-protocol-fee/1980?utm_source=chatgpt.com).
* **Distribution:** Collected ETH fees are swapped into RARI and made claimable by users.
***
## 5. Steps to Implement
1. **Community feedback:** Publish draft on the RARI DAO forum for input.
2. **On-chain submission:** Deploy executable proposal on Tally to update fee parameters.
3. **Voting:** Delegates vote (~5 days standard window).
4. **Cooldown:** Standard veto period (~2 days).
5. **Execution:** If approved, Tally executes the contract upgrade and routes fees to the designated recipient.
***
## 6. Summary
This proposal sets the **Rarible ExchangeV2 fee structure** at a **2% seller fee** and a **0% buyer fee**, with all fees swapped into RARI and redistributed through the rewards program. The change strengthens DAO sustainability, improves user experience, reduces gas and operational costs, and reinforces RARI tokenomics by creating a cycle of activity, rewards, and governance participation.
0x057928bc…4048sent to0x6552c8fb…ada1·#23,584,865·0xee3a2177…1fdd6f
This model creates a powerful and direct alignment between the platform's users and the health of the RARI token. The people who generate the most activity are the ones who directly benefit from the rewards, which is the foundation of a healthy and engaged community.
0xe2238254…028asent to0x6552c8fb…ada1·#23,567,925·0xa5f67911…7f1b29
# RRC-52: Set Rarible ExchangeV2 Protocol Fee
**Author**: Anna Riabokon (Rari Foundation), Rarible Team
**Reviewer:** Stable Lab
## 1. Abstract
This proposal updates the Rarible ExchangeV2 protocol fee parameters: set the seller fee at 200 bps (2%), the buyer fee at 0 bps, and route all fees to a dedicated recipient wallet. Collected fees will be swapped into RARI and distributed back to users through RARI claims on [rarible.com](http://rarible.com/) based on the points they’ve collected. This mechanism strengthens the DAO’s financial sustainability while directly aligning user incentives with DAO growth.
***
## 2. Motivation
* **DAO sustainability:** Creates a consistent revenue stream to support long-term DAO financial stability.
* **User experience:** Aligns fee structure with other supported networks, ensuring consistent pricing across chains.
* **Operational efficiency**: Simplifies reward accounting and reduces costs for integrations.
* **Lower gas costs**: Fewer order parameters and payout steps reduce mainnet execution overhead.
* **Strengthened Tokenomics & Treasury Impact: F**ee redistribution into RARI strengthens tokenomics by creating a self-reinforcing cycle: more activity → more fees → more rewards → increased engagement. While the system redistributes RARI to users, it indirectly supports the DAO by deepening ecosystem token demand and governance participation (AInvest).
***
## 3. Rationale
* The Rarible Protocol supports **flexible fee structures**, allowing separate control over seller and buyer protocol fees.
* The 200 bps seller / 0 bps buyer setup is a simple, widely accepted model, making it easy to implement without requiring structural changes.
***
## 4. Specifications
* **Protocol fee (seller)**: 200 bps (i.e., 2%)
* **Protocol fee (buyer)**: 0 bps
* **Fee recipient**: 0xb6EC1d227D5486D344705663F700d90d947d7548
* **Execution mechanism**: via Tally’s executable code feature to upgrade contracts on-chain (similar to prior fee proposals) [tally.xyz+2tally.xyz+2](https://www.tally.xyz/gov/rari-foundation?utm_source=chatgpt.com)[RARI Foundation+2tally.xyz+2](https://forum.rari.foundation/t/rrc-xx-implementing-a-rari-protocol-fee/1980?utm_source=chatgpt.com).
* **Distribution:** Collected ETH fees are swapped into RARI and made claimable by users.
***
## 5. Steps to Implement
1. **Community feedback:** Publish draft on the RARI DAO forum for input.
2. **On-chain submission:** Deploy executable proposal on Tally to update fee parameters.
3. **Voting:** Delegates vote (~5 days standard window).
4. **Cooldown:** Standard veto period (~2 days).
5. **Execution:** If approved, Tally executes the contract upgrade and routes fees to the designated recipient.
***
## 6. Summary
This proposal sets the **Rarible ExchangeV2 fee structure** at a **2% seller fee** and a **0% buyer fee**, with all fees swapped into RARI and redistributed through the rewards program. The change strengthens DAO sustainability, improves user experience, reduces gas and operational costs, and reinforces RARI tokenomics by creating a cycle of activity, rewards, and governance participation.
***
0x0543688e…472bsent to0x6552c8fb…ada1·#23,518,398·0x4bf7d44b…c53ac3
I like the fact it’s following a benchmark example of Arbitrum’s. It shows a clear example of success from another DAO on what we’re trying to do.
0x4d32d90d…bbfasent to0x6552c8fb…ada1·#23,503,417·0xcb3095b5…83748a
https://forum.rari.foundation/t/rrc-xx-treasury-management-empowerment-program/2433/5
0x057928bc…4048sent to0x6552c8fb…ada1·#23,491,796·0x821cd038…19c5b1
This is a smart hybrid model that strikes the right balance between agility and accountability. It gives the Foundation the speed needed for effective day-to-day treasury management, while the DAO retains ultimate strategic control through transparent reporting and a powerful annual renewal vote.
0xfe4b8a36…6ba9sent to0x6552c8fb…ada1·#23,484,477·0xcf355cbc…4550db
# RRC-51: Treasury Management Empowerment Program
Author: Anna Riabokon, Rari Foundation
Reviewer: Stable Labs, Campbell Law, Autonomous
## Abstract
RARI DAO was initially established to foster decentralization and community-driven governance for the Rarible ecosystem. However, the current treasury management model under the DAO has limited our ability to swiftly respond to volatile market conditions, causing missed opportunities to effectively support and enhance the RARI token and ecosystem.
Specifically, our treasury structure has resulted in:
* **Delayed financial decision-making:** Due to the inherent procedural delays in DAO governance, critical market-driven decisions have often been missed or delayed.
* **Limited agility in reacting to price movements:** The inability to quickly deploy strategies in response to rapid market shifts has impacted token support and overall liquidity.
* **Suboptimal capital utilization:** The cumbersome nature of the existing governance setup hinders efficient financial management and proactive treasury deployment.
We believe the framework outlined in this proposal offers a stronger foundation for Rari to operate with greater efficiency and effectiveness. By transitioning treasury management to the Foundation while maintaining DAO oversight, we can improve financial agility, strengthen the ecosystem, and position the project for long-term, sustainable growth. This framework will help Rari adapt to changing market conditions and continuously enhance its value to the community.
This proposal is intended to supersede and replace RRC-22 DAO Treasury Diversification Plan. Any remaining balance from that mandate will also be transitioned into the new Treasury Management Empowerment Program, ensuring continuity of strategy and avoiding fragmentation across multiple frameworks.
## Motivation
* **Enhance Agility:** Enable rapid and effective financial decision-making to proactively respond to market volatility.
* **Strengthen Token Support:** Execute strategies that support a resilient and robust market environment for RARI.
* **Accountability and Transparency:** Improved governance through clearly defined roles, responsibilities, and accountability metrics.
## Rationale & Benefits
The market for tokens like RARI is highly volatile, and proactive treasury management is critical to optimizing financial outcomes. By transitioning the treasury to the Foundation, we ensure:
* **Proactive Market Response:** Quick, flexible actions to take advantage of market conditions and opportunities.
* **Increased Token Stability:** Strategic initiatives aimed at fostering a healthy market environment for the token.
* **Enhanced Community Benefit:** Direct financial management improvements translate into tangible benefits for the entire RARI community through sustained token demand and increased buying activity.
* **Partnerships with Ecosystem Partners to Support Treasury Management:** Foundation has the ability to effectively represent token holders interests in connection with contractual and legal processes.
## Benchmark Examples
**Arbitrum DAO Treasury Transition (2025):**
In early 2025, Arbitrum DAO approved transferring 35 million ARB (~$11.6M) to the Arbitrum Foundation under its Stable Treasury Endowment Program (STEP 2.0). The goal was to diversify the treasury into yield-generating real-world assets (e.g., tokenized U.S. Treasuries) through institutional partners like Franklin Templeton and WisdomTree.
Why they did it:
* To professionalize treasury execution
* To reduce reliance on ARB token volatility
* To generate stable yield
* To enable faster, off-chain financial operations
Results:
* \~$11.6M deployed successfully
* Over $450K in interest earned within months
* Full transparency via public reporting
* DAO retained oversight, approving the strategy with ~89% support
This model demonstrates how treasury custody can shift to a Foundation without sacrificing community trust or governance transparency—making it a strong precedent for Rari.
**The Sandbox DAO (SIP-1, May 28 2024):** Allocated treasury assets to the Sandbox Foundation with a clear vesting and governance schedule. Following their May 2024 vote to transition treasury management, The Sandbox experienced price stability and significant growth, achieving a 139% increase year-to-date in 2025, demonstrating renewed investor confidence and strengthened liquidity dynamics.
These examples demonstrate tangible benefits, particularly in terms of token price stabilization and improved market responsiveness.
*Note:* The examples above are used to illustrate design patterns (scoped governance, execution agility, and reporting). They are **not** endorsements of any single model.
## Proposed Structure for RARI DAO
We propose adopting a **hybrid approach**:
**Transfer Treasury Control to RARI Foundation:**
* The Foundation will manage day-to-day operational budgets and treasury functions, ensuring agile capital deployment.
* Foundation governance will be clearly defined, transparent, and reported to the DAO.
**Scoped DAO Governance:**
* DAO retains strategic oversight, setting clear, high-level objectives and governance rules.
* DAO votes on major protocol initiatives, community-driven initiatives, and governance frameworks.
**Accountability:**
* Transparent financial reporting and milestone-based performance reviews shared regularly with DAO members.
* Monthly updates and quarterly reports
* Annual on‑chain renewal vote; if the mandate is not renewed,
## Milestone‑Based Reviews for RARI
## Benefits to the Rari Community
* **Efficiency**: Faster response times on market conditions and reduced operational friction.
* **Clarity**: Well-defined governance and strategic alignment.
* **Impact**: Improved financial performance and accountability through milestone-based tracking.
* **Security**: Enhanced treasury security and resilience.
## Risk Assessment & Mitigation
## **Commitment to Transparency**
Transparency is at the core of this transition. The RARI Foundation will publish **quarterly reports** —all data publicly accessible on‑chain and in the Rari DAO governance forum. Additionally, the Foundation will host open Q\&A sessions after each report. These measures ensure the community can validate every decision, hold the Foundation accountable, and participate in strategy adjustments whenever needed.
## Next Steps
Upon approval, the transition will follow these milestones:
1. Mainnet Treasury funds moved from DAO to Foundation multi‑sig & Audit completed.
2. Treasury resource allocation strategy published (initial vendor/partner onboarding e.g., custodians, ecosystem partners, analytics tools).
3. Regular quarterly reviews and performance reports shared on Rari DAO Forum.
By adopting this proposal, Rari DAO positions itself for strategic clarity, operational efficiency, and sustainable long-term success.
0x0543688e…472bsent to0x6552c8fb…ada1·#23,418,160·0x72022f95…a982af
I like the fee structure; on how it reduces the gas fees, involves users more, and makes active on governance.
0x057928bc…4048sent to0x6552c8fb…ada1·#23,413,062·0x3ad3986d…78ad32
This proposal creates a powerful and sustainable flywheel for the ecosystem. Using protocol fees to buy RARI on the market and then rewarding active users directly connects platform success with community benefit, creating a healthy, self-reinforcing cycle of activity and value.
0xe2238254…028asent to0x6552c8fb…ada1·#23,396,877·0x12339032…0a76a1
# RRC-50: Set Rarible ExchangeV2 Protocol Fee
**Author**: Anna Riabokon (Rari Foundation), Rarible Team
**Reviewer:** Stable Lab
## 1. Abstract
This proposal updates the Rarible ExchangeV2 protocol fee parameters: set the seller fee at 200 bps (2%), the buyer fee at 0 bps, and route all fees to a dedicated recipient wallet. Collected fees will be swapped into RARI and distributed back to users through RARI claims on [rarible.com](http://rarible.com/) based on the points they’ve collected. This mechanism strengthens the DAO’s financial sustainability while directly aligning user incentives with DAO growth.
***
## 2. Motivation
* **DAO sustainability:** Creates a consistent revenue stream to support long-term DAO financial stability.
* **User experience:** Aligns fee structure with other supported networks, ensuring consistent pricing across chains.
* **Operational efficiency**: Simplifies reward accounting and reduces costs for integrations.
* **Lower gas costs**: Fewer order parameters and payout steps reduce mainnet execution overhead.
* **Strengthened Tokenomics & Treasury Impact: F**ee redistribution into RARI strengthens tokenomics by creating a self-reinforcing cycle: more activity → more fees → more rewards → increased engagement. While the system redistributes RARI to users, it indirectly supports the DAO by deepening ecosystem token demand and governance participation (AInvest).
***
## 3. Rationale
* The Rarible Protocol supports **flexible fee structures**, allowing separate control over seller and buyer protocol fees.
* The 200 bps seller / 0 bps buyer setup is a simple, widely accepted model, making it easy to implement without requiring structural changes.
***
## 4. Specifications
* **Protocol fee (seller)**: 200 bps (i.e., 2%)
* **Protocol fee (buyer)**: 0 bps
* **Fee recipient**: 0xb6EC1d227D5486D344705663F700d90d947d7548
* **Execution mechanism**: via Tally’s executable code feature to upgrade contracts on-chain (similar to prior fee proposals) [tally.xyz+2tally.xyz+2](https://www.tally.xyz/gov/rari-foundation?utm_source=chatgpt.com)[RARI Foundation+2tally.xyz+2](https://forum.rari.foundation/t/rrc-xx-implementing-a-rari-protocol-fee/1980?utm_source=chatgpt.com).
* **Distribution:** Collected ETH fees are swapped into RARI and made claimable by users.
***
## 5. Steps to Implement
1. **Community feedback:** Publish draft on the RARI DAO forum for input.
2. **On-chain submission:** Deploy executable proposal on Tally to update fee parameters.
3. **Voting:** Delegates vote (~5 days standard window).
4. **Cooldown:** Standard veto period (~2 days).
5. **Execution:** If approved, Tally executes the contract upgrade and routes fees to the designated recipient.
***
## 6. Summary
This proposal sets the **Rarible ExchangeV2 fee structure** at a **2% seller fee** and a **0% buyer fee**, with all fees swapped into RARI and redistributed through the rewards program. The change strengthens DAO sustainability, improves user experience, reduces gas and operational costs, and reinforces RARI tokenomics by creating a cycle of activity, rewards, and governance participation.
0xe2238254…028asent to0x6552c8fb…ada1·#23,182,956·0xe5438e35…c0f1b4
Proposal to set Rarible ExchangeV2 protocol fee to seller 200 bps and buyer 0 bps with recipient 0x053F171c0D0Cc9d76247D4d1CdDb280bf1131390
0x5c713dc4…c49asent to0x6552c8fb…ada1·#23,117,855·0x70cc67cc…64c41d
I want contribute
0x057928bc…4048sent to0x6552c8fb…ada1·#23,026,605·0xad4b94f8…89a8c8
This is a smart investment in building high-trust relationships, not just attending a workshop. The connections and collaborations that can emerge from this accelerator are far more valuable for long-term growth than a traditional marketing spend.
0x057928bc…4048sent to0x6552c8fb…ada1·#22,962,383·0x562e5654…bf1089
The new fixed-reward model is a smart adjustment. It brings much-needed predictability for delegates and protects the DAO's treasury, all while keeping the incentive to participate strong and fair.
0x34c2871c…e2d5sent to0x6552c8fb…ada1·#22,956,965·0x1a14775a…d5b9c0
This is a logical amendment and I support this direction.
0x9c3a5131…5c40sent to0x6552c8fb…ada1·#22,876,244·0x4745ee51…0c2570
i support RARI DAO
0x34c2871c…e2d5sent to0x6552c8fb…ada1·#22,872,697·0x3b759079…bf6722
Thanks for the report. Looking forward to this programs success soon on v2.
0x34c2871c…e2d5sent to0x6552c8fb…ada1·#22,604,014·0x8dd45d82…f8c9e0
I believe this realignment will be a good step for the DAO.
0x52358cb8…12b0sent to0x6552c8fb…ada1·#22,596,615·0x46045f78…0f54e8
# # RRC-44: Response to Current Crypto Markets & DAO Strategic Workshop
[](#abstract-1)
Authors: Alex Salnikov, Jana Be
### Abstract
This proposal summarizes discussions held during the [Strategic Workshop](https://miro.com/app/board/uXjVLqz3LVk=/) and subsequent conversations with Delegates and key ecosystem stakeholders. It outlines a focused strategy for the RARI Foundation, reflecting current market conditions, DAO treasury size, and near-term growth opportunities.
### [](#rationale-2)Rationale
Given evolving crypto market dynamics, the RARI Foundation aims to sharpen its impact by concentrating on core functions and strategic partnerships. This strategy leverages brand associations, product marketing, and token infrastructure to onboard new communities to RARI technology more effectively.
### [](#motivation-3)Motivation
To accelerate growth and long-term sustainability of the RARI ecosystem, the Foundation proposes to:
* Realign with Rarible as the primary user of the DAO’s decentralized infrastructure
* Streamline operations by reducing headcount
* Accelerate protocol adoption by deploying in emerging ecosystems and driving onboarding via the Rarible marketplace
* Increase ecosystem visibility through enhanced marketing, including a KOL/ambassador program
* Promote token utility and awareness to increase engagement and adoption
### [](#specifications-4)Specifications
#### [](#h-1-user-acquisition-strategy-5)1. User Acquisition Strategy
Instead of distributing RARI rewards via community marketplaces as intended in [RRC-7](https://www.tally.xyz/gov/rari-foundation/proposal/7307548080751092969791489416623929150536548881968665204587516804204594051651), the Foundation proposes redirecting these rewards to user acquisition through [Rarible.com](http://Rarible.com), in collaboration with the Rarible team. This incentive program will span multiple chains and target marketplace liquidity through bids, listings, and mint incentives, prioritizing chain dominance (i.e., becoming the leading marketplace on a given chain).
This structure aligns with upcoming Rarible product updates and builds on the spirit of RRC-7, while optimizing for impact and coordination.
#### [](#h-2-strategic-investment-via-grants-fund-reallocation-6)2. Strategic Investment via Grants Fund Reallocation
The Foundation proposes reallocating 85% of the existing [Grants Fund](https://app.safe.global/transactions/history?safe=eth:0x7e5d47577bd646aF4a89b7223B50428EB460a4dd) to the [Strategic Partnerships Wallet](https://app.safe.global/transactions/history?safe=eth:0x1145CEE4C4E46e08c523a0eD39620Fb71857EfF0), where it will be used for high-impact, transparent strategic investments, reported under the EGF framework. Examples include:
* Discounted OTC token deals with high-signal institutions (VCs, angels, KOLs)
* Co-marketing campaigns with CEXs
* Paid partnerships with token-awareness platforms such as CoinMarketCap, CoinGecko, or DexScreener
The remaining 15% of the Grants Fund will be allocated to the [Creator Fund](https://mainnet.explorer.rarichain.org/address/0x90BeDbEf93120bf7E4AcDdd6171053c3A12903F0).
#### [](#h-3-creator-fund-7)3. Creator Fund
The Creator Fund, first announced at the RARI Chain launch, is funded by sequencer revenue and targets creators launching collections on Rarible. It supports ecosystem KPIs like GMV and mints, excluding volume without platform fees. The proposed reallocation of 15% of the Grants Fund will supplement this fund, alongside redirecting all future sequencer revenue into it.
This fund functions as the RARI chain-based subtreasury of the DAO and sole destination of the DAO’s sequencer revenue, replacing the [prior sequencer revenue split](https://www.tally.xyz/gov/rari-foundation/proposal/44203710317981942897240823604280195834171085228739087426904099729704378022462) of DAO revenue across two destinations.
#### [](#h-4-treasury-and-operational-budget-management-8)4. Treasury and Operational Budget Management
Due to market volatility, the Foundation paused RARI token sales. No RARI allocated in [RRC-37](https://www.tally.xyz/gov/rari-foundation/proposal/95938545438560098900391350085397277610347869757397101439467293665510540397773) (the 2025 operations budget) has been sold. Instead, operations are being funded from earlier cash reserves.
The Foundation proposes rolling over the 2024 operational surplus into 2025 to avoid submitting an additional funding proposal. This maintains financial prudence and reduces the burden on delegates. Transparency reporting for 2024 operations is available for reference.
### [](#kpis-9)KPIs
To assess the success of this strategic shift, the Foundation proposes the following metrics:
* Treasury Management: Total USD value of all funds under Foundation and DAO mandate
* Supporting Rarible: Gross marketplace GMV and number of paid mints (mints with platform fee)
* Token Awareness:
* ±2% liquidity on exchanges (indirect KPI)
* Organic trading volume (indirect KPI)
* Number of unique tokenholders
### [](#steps-to-implement-10)Steps to Implement
1. DAO Approval: Formal ratification of strategic direction and fund reallocations
2. Initiative Execution: Launch of incentives, marketing campaigns, and protocol deployments
3. Treasury Actions:
* Reallocate 85% of Grants Fund to Strategic Partnerships
* Allocate 15% of Grants Fund to Creator Fund
* Redirect sequencer revenue to Creator Fund
* Retain 2024 surplus as 2025 operational buffer
### [](#timeline-11)Timeline
* Week 1–2: DAO review and approval
* Week 3–6: Begin incentive rollouts, partner campaigns, and fund movement
* Ongoing: Monitor performance and adapt based on KPIs and market conditions
### [](#costs-12)Costs
No direct new costs; all actions utilize existing resources and reserves.
0x34c2871c…e2d5sent to0x6552c8fb…ada1·#22,501,258·0x72c54c5e…fd8a04
Growth is key. Let's keep motivating new holders to be onboarded.
0xbe3f8203…ab4dsent to0x6552c8fb…ada1·#22,443,061·0x25fda5c0…017510
# RRC-42: Q1 2025 RARI DAO Delegate Incentive Program Report
Authors: Jaris James
### Abstract
This proposal requests approval for the disbursement of Q1 2025 rewards under the RRC-40 Delegate Incentive Program. The program aims to reward RARI DAO delegates for active onchain participation, rationale posting, and proposal authorship. This proposal includes a transparent point-based breakdown of qualifying delegates, final payout calculations in RARI based on the spot price at disbursal time, and allocation of the admin fee for managing the program.
### Motivation
The Delegate Incentive Program was launched to ensure the sustainability and quality of RARI DAO governance. It rewards delegates who demonstrate consistent voting behavior, provide rationale, and contribute to shaping the DAO’s future. This payout proposal ensures trust in the program and incentivizes meaningful participation.
### Rationale
The program aligns with RARI DAO’s goals by reinforcing transparency, decentralization, and consistent engagement. The incentive structure encourages thoughtful governance participation and empowers delegates to contribute long-term. Publishing a clear rewards breakdown also strengthens community trust in how governance rewards are administered.
### Key Terms
* veRARI: Voting-escrowed RARI
* RRC-40: The passed proposal establishing the Delegate Incentive Program
* Rationale: Delegate explanation of vote posted on the forum
* Point System: Scoring method that determines payouts
### Specifications
* Program Admin: daospace
* Pricing Mechanism: Spot price of $RARI at time of disbursal
* Reward System: Based on onchain voting, rationale writing, and proposal authorship
* Admin Fee: $500/month in RARI
### Point System Overview
Rewards were distributed based on a total of 2,061 points earned across all eligible delegates. The Q1 reward pool was $30,000 in RARI, making the price per point:
### $14.56 per point
(Rounded to the nearest cent)
**Note:** The current spot price of $RARI at the time of proposal submission is **$1.16** (as of May 7, 2025). This price is used to convert the USD value of rewards into RARI for disbursement.
### Steps to Implement
1. Publish the Q1 report and proposal to the forum
2. Open a 5-day review period for community feedback
3. Submit proposal to Tally for DAO vote
4. Upon passing, disburse RARI to eligible wallets
### Timeline
* April 1–30, 2025: Grace period to complete rationale threads
* May 1, 2025: Final report published on forum
* May 4, 2025: Payment Proposal posted on forum
### Overall Cost
* Q1 Delegate Rewards Pool: $30,010 in RARI
* Admin Fee (daospace): $1,500 in RARI
TOTAL COST: $31,510 in RARI
Note: Final rewards totaled $30,010 due to rounding in the Proposal Author Bonus. The 200 bonus points allocated for proposal authors did not divide evenly among 3 co-authors (Sixty, Cr1st0f, Bitblondy), resulting in a minor $10 overage.
***
### Full Report & Payout Breakdown
Note: Final dollar payouts were rounded up or down to the nearest dollar for cleaner disbursement amounts.
***
1. Delegate: [@bitblondy](https://forum.rari.foundation/u/bitblondy)
Wallet: 0x4d32d90d6535bd4e7eabaa27ee72932cb214bbfa
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/0x4d32d90d6535bd4e7eabaa27ee72932cb214bbfa)
* RRC-36: Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑36, 37, 38, 39, 40):](https://forum.rari.foundation/t/bitblondy-delegate-thread/2280/2)
→ Voter Points: 100
→ Rationale Points: 100
→ Proposal Author Bonus: 67
→ Total Points: 267
Payout: $3,888 in RARI
* 3,351.72 RARI
\============================================================
1. Delegate: [@Firefly808](https://forum.rari.foundation/u/firefly808)
Wallet: 0xbe3f82034778fbf474060f7d4a032f592559ab4d
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/firefly808.eth)
* RRC-36: Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑36, 37, 38, 39, 40):](https://forum.rari.foundation/t/firefly808-delegate-thread/2308/2)
→ Voter Points: 100
→ Rationale Points: 100
→ Total Points: 200
Payout: $2,912 in RARI
* 2,510.34 RARI
\============================================================
1. Delegate: [@forexus](https://forum.rari.foundation/u/forexus)
Wallet: 0xd8936e602e38dfee5d6466865068b94b1943debf
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/forexus.eth)
* RRC-36: Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC 38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑36, 37, 38, 39, 40):](https://forum.rari.foundation/t/forexus-delegate-thread/2283/2)
→ Voter Points : 100
→ Rationale Points: 100
→ Total Points : 200
Payout: $2,912 in RARI
* 2,510.34 RARI
\============================================================
1. Delegate: [@coffee-crusher](https://forum.rari.foundation/u/coffee-crusher)
Wallet: 0x836dd1fb00dcd93b4ce205aac02173f01192b916
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/0x836dd1fb00dcd93b4ce205aac02173f01192b916) (Technical Issues, See Rationales Below)
* RRC-36 Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales: (RRC‑36, 37, 38, 39, 40):](https://forum.rari.foundation/t/coffee-crusher-delegate-thread/2288/2)
→ Voter Points: 100
→ Rationale Points: 100
→ Total Points: 200
Payout: $2,912 in RARI
* 2,510.34 RARI
\============================================================
1. Delegate: [@PGov](https://forum.rari.foundation/u/pgov)
Wallet: 0x3fb19771947072629c8eee7995a2ef23b72d4c8a
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/0x3fb19771947072629c8eee7995a2ef23b72d4c8a)
* RRC-36 Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑36, 37, 38, 39, 40):](https://forum.rari.foundation/t/pgov-delegate-thread/2287/2)
→ Voter Points : 100
→ Rationale Points: 100
→ Total Points : 200
Payout: $2,912 in RARI
* 2,510.34 RARI
\============================================================
1. Delegate: [@cr1st0f](https://forum.rari.foundation/u/cr1st0f)
Wallet: 0xfa773d02eb76ad8c7585d36c87707b9fe13d766d
Votes: 3
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/0xfa773d02eb76ad8c7585d36c87707b9fe13d766d)
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑37, 38, 40):](https://forum.rari.foundation/t/cr1st0f-delegate-communication-thread/2048/3)
→ Voter Points: 60
→ Rationale Points: 60
→ Proposal Author Bonus: 67
→ Total Points: 187
Payout: $2,723 in RARI
* 2,347.41 RARI
\============================================================
1. Delegate: [@Sixty](https://forum.rari.foundation/u/sixty)
Wallet: 0xc2971fe806ce4438da09e21fc7be7fb121cf7e13
Votes: 3
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/sixtykeys.eth)
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑37, 38, 40):](https://forum.rari.foundation/t/sixty-delegate-thread/2292/2)
→ Voter Points: 60
→ Rationale Points: 60
→ Proposal Author Bonus: 67
→ Total Points: 187
Payout: $2,723 in RARI
* 2,347.41 RARI
\============================================================
1. Delegate: [@lionmsee](https://forum.rari.foundation/u/lionmsee)
Wallet: 0x326301483aaa7366960877fa18b019e9c2d53e5d
Votes: 5
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/lionm.eth)
* RRC-36 Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC 38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑37, 38, 39, 40):](https://forum.rari.foundation/t/lionmsee-delegate-thread/2291/2)
→ Voter Points : 100
→ Rationale Points: 80
→ Total Points : 180
Payout: $2,621 in RARI
* 2,259.48 RARI
\============================================================
1. Delegate: [@DAOplomats](https://forum.rari.foundation/u/daoplomats)
Wallet: 0xE9Bd00FF8856aF96203d5994F3D73144619A4680 - (Requested a new wallet for payout)
Votes: 4
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/0x5762f3074605df17aebe3f5bc8fc7f8702aca752)
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑37, 38, 39, 40):](https://forum.rari.foundation/t/daoplomats-delegate-thread/2157/2)
→ Voter Points: 80
→ Rationale Points: 80
→ Total Points: 160
Payout: $2,330 in RARI
* 2,008.62 RARI
\============================================================
1. Delegate: [@Jaf](https://forum.rari.foundation/u/jaf)
Wallet: 0xca85c622d4c61047f96e352cb919695486a193e6
Votes: 4
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/mrjaf.eth)
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-38: Updating and Migrating Delegate Launchpad Program to RARI chain
* RRC-39: Multichain Primary & Secondary Protocol Fees
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑37, 38, 39, 40):](https://forum.rari.foundation/t/jaf-delegate-thread/2290/2)
→ Voter Points : 80
→ Rationale Points: 80
→ Total Points : 160
Payout: $2,330 in RARI
* 2,008.62 RARI
\============================================================
1. Delegate: jarisjames
Wallet: 0xb04e6891e584f2884ad2ee90b6545ba44f843c4a
Votes: 3
[Proposals Voted On:](https://www.tally.xyz/gov/rari-foundation/delegate/jarisjames.eth)
* RRC-36: Rumble.exchange - DAO Support Proposal
* RRC-37: RARI Foundation 2025 Operational Budget
* RRC-40: RARI DAO Delegate Incentive Program
[Rationales (RRC‑36, 37, 40):](https://forum.rari.foundation/t/jaris-james-delegate-thread/2299/2)
→ Voter Points: 60
→ Rationale Points: 60
→ Total Points: 120
Payout: $1,747 in RARI
* 1,506.03 RARI
\============================================================
Admin Fee: 1,500 USD in RARI (500 USD/Month)
* 1,293.10 RARI
Daospace wallet: 0xd3EDA7aB6Ed6a1836EAB644D86E7f76ABAd75172
***
### Amendment Note:
As per the [amendment](https://forum.rari.foundation/t/seeking-clarification-on-delegate-incentive-program-eligibility-price-calculations/2307/14) outlined in the April 10, 2025 forum post and agreed upon by community consensus:
* A grace period was honored through April 30, 2025 for rationale thread submissions.
* The price used for this payout will follow the amended guidance: Spot price of $RARI at time of disbursal.
Thank you for your support and participation in shaping RARI DAO’s governance future.
0x7230fe07…eaf4sent to0x6552c8fb…ada1·#22,248,641·0xd4e43105…a4ea2b
The proposed method for secondary fee collection looks good. I am pleased with the timeline stated for the collection of fees into the DAO's treasury as well.
ps: I am voting without vp because I can't seem to delegate to myself here on tally.
0x836dd1fb…b916sent to0x6552c8fb…ada1·#22,217,914·0x7134c217…9979a9
I’m in support of this proposal, as it provides the process on how to capture for the DAO treasury, currently missed “money left on the table”.
0xa439a408…a77asent to0x6552c8fb…ada1·#22,213,746·0xe1a003b6…8a47cb
# RRC 41: Response to RRC 39 - Proposed Mechanics of Secondary Fee Collection
Authors: Eugene Nacu, Jana Bertram, Alex Salnikov
## [](#abstract-1)Abstract
This proposal responds to [RRC 39](https://www.tally.xyz/gov/rari-foundation/proposal/102492744419805214253529798326396687684022669491137583762418006180386413791366), where the RARI DAO requested the RARI Foundation to manage secondary fee collection manually while the DAO implements multichain on-chain governance. This document outlines the mechanics of the proposed fee collection system and its implementation steps.
## [](#rationale-2)Rationale
The DAO requires an interim solution to ensure secondary fees are collected efficiently across multiple ecosystems. Since fees are already established on Ethereum, implementing a structured collection mechanism will provide stability and transparency while the DAO finalizes a long-term governance framework.
## [](#motivation-3)Motivation
By implementing this solution, the DAO ensures that fees are properly aggregated and transferred to the treasury, maintaining financial accountability. This also establishes a clear and operational process across multiple chains, mitigating inefficiencies and delays.
## [](#specifications-4)Specifications
The RARI Foundation will manage a multisig wallet in the following ecosystems to collect secondary fees:
ETHEREUM
POLYGON
MANTLE
ARBITRUM
CHILIZ
LIGHTLINK
ZKSYNC
ASTARZKEVM
BASE
RARI
CELO
FIEF
XAI
KROMA
ZKLINK
OASYS
QUAI
SAAKURU
OASIS
PALM
MATCH
FIVIRE
SEI
CAMP
LISK
MOONBEAM
ETHERLINK
ZKCANDY
ALEPHZERO
BERACHAIN
ABSTRACT
SHAPE
TELOS
HEDERAEVM
If additional chains are added to the Rarible Protocol in the future, RARI Foundation shall collect fees on behalf of the DAO here as well.
### [](#fee-collection-process-5)Fee Collection Process
* For secondary sales paid in ETH: Fees will be bridged to the DAO treasury in ETH.
* For secondary sales paid in other tokens: Fees will be swapped for USDC before bridging to the DAO treasury.
* Bridging to the DAO’s treasury will be conducted at a minimum of monthly, at a maximum of quarterly, depending on the volume of the fees collected.
* Foundation will record levels of collected fees as part of quarterly transparency reports.
A diagram outlining the collection mechanism is attached to this proposal.
## [](#steps-to-implement-6)Steps to Implement
1. DAO Approval: The DAO votes to approve the proposed fee collection mechanism.
2. Multisig Deployment: The RARI Foundation deploys multisig wallets on each of the listed chains.
3. Contract Adoption: Rarible adopts the fee collection contracts.
## [](#timeline-7)Timeline
* Week 1-2: DAO discussion and approval process.
* Week 3-4: Deployment of multisig wallets across ecosystems.
* Week 5+: Integration with Rarible and initiation of fee collection.
## [](#costs-8)Costs
* Administrative oversight required for set up and execution as well as operational costs for ongoing maintenance, will be absorbed by the Foundation’s operational budget
* Transaction costs associated with bridging and swaps
This system is ready for immediate implementation pending DAO approval.
0xa439a408…a77asent to0x6552c8fb…ada1·#21,688,655·0xd349e366…1de93f
# RRC 38: Updating and Migrating Delegate Launchpad Program to RARI chain
Author: Janabe
Reviewer: Addigator, StableLab, Governance Working Group
***
### [](#abstract-1)Abstract
This proposal seeks to update the Delegate Launchpad program in alignment with the governance migration to the RARI chain. The updated program will retain its core structure while incorporating adjustments to voting power allocation, cohort participation rules, and the integration of multi-chain governance. These changes aim to ensure the program continues fostering diverse and active participation in the RARI DAO.
***
### [](#motivation-2)Motivation
The Delegate Launchpad program has been instrumental in onboarding new voices into the RARI DAO. With the governance migration to the RARI chain, there is an opportunity to enhance the program’s structure to better align with the evolving ecosystem. This proposal addresses the need for:
* Improved alignment with RARI ecosystem’s governance framework.
* A sustainable approach to delegate participation and development.
* A streamlined transition for existing cohorts during the governance migration.
***
### [](#rationale-3)Rationale
The proposed adjustments are designed to:
1. Reflect the shift from vote-escrowed tokens to the custom L2 token mechanics by removing voting power decay.
2. Incentivize long-term delegate commitment while maintaining opportunities for new participants.
3. Facilitate a smooth migration for active cohorts from Ethereum Mainnet to the RARI chain.
4. Support the integration of the Event Horizon delegation model, enhancing governance efficiency.
***
### [](#specification-4)Specification
1. Program Structure:
* Two cohorts annually, spaced six months apart.
* 15 recipients per cohort, each receiving 2,000 RARI voting power for a period of 6 months.
* Voting power allocation will remain constant over the six-month period without decay.
  2\. Re-admittance and Voting Power Scaling:
* Delegates may apply for multiple cohorts.
* Upon a third acceptance, delegation increases to 5,000 RARI, enabling proposal sponsorship.
1. Program Duration for Individuals:
* Delegates may participate for a maximum of four cohorts (two years).
* After this period, delegates transition to relying on community delegations to promote inclusivity and diversity in the program.
1. Migration to RARI Chain:
* All future Delegate Launchpad cohorts will operate exclusively on the RARI chain.
* Cohort 3 (launched on Ethereum Mainnet in October 2024) will have delegations enabled on both Ethereum Mainnet and the RARI chain for a transitional period. Multi-chain governance mechanisms will ensure seamless coordination.
1. Event Horizon Integration:
* Include the Event Horizon delegation model as part of the governance framework for improved efficiency with a delegation of 2000 RARI.
* This delegation shall exist outside of the Delegate Launchpad program and does not impact the number of openings in each cohort.
***
### [](#steps-to-implement-5)Steps to Implement
1. Proposal Approval:
* Submit the proposal for DAO approval.
* Secure community consensus on the revised structure.
1. Program Adjustments:
* Update Delegate Launchpad documentation to reflect the changes.
* Inform current and prospective delegates of the new rules.
1. Transitional Arrangements for Cohort 3:
* Enable dual delegations for Cohort 3 on Ethereum Mainnet and the RARI chain.
* RARI chain based delegation will remain active for the duration of the Ethereum Mainnet delegation.
1. Launch new cohorts on RARI Chain:
* Establish governance contracts and delegation mechanisms on the RARI chain.
* Initiate Cohort 4 under the new program structure (Apr 2025).
1. Monitor and Evaluate:
* Track the performance and feedback of revised cohorts.
* Present a report on outcomes to the DAO after the first year of implementation.
### [](#costs-6)Costs
N/A
RARI Foundation was entrusted with 90k RARI for the Delegate Launchpad program per [RRC 9](https://www.tally.xyz/gov/rari-foundation/proposal/4998212454959764411677761814601920941258702940035724218302264365950572124990). While these tokens are fully locked and distributed in delegations in Cohort 3, they will become available for Cohort 4 and the Foundation can use RARI from the operational budget for the interim additional delegation Cohort 3 will receive on RARI chain.
### [](#timeline-7)Timeline
Delegations to Cohort 3 on RARI chain will be executed within 2 weeks of the proposal’s passing. The delegates will then be able to start testing RARI chain-based governance.
***
This proposal ensures the Delegate Launchpad program evolves in tandem with the RARI DAO’s governance migration, fostering robust participation and inclusivity across the ecosystem.
0x4d32d90d…bbfasent to0x6552c8fb…ada1·#21,601,693·0xb3374708…99e3a5
See discussion in the forum: https://forum.rari.foundation/t/rrc-xx-rari-foundation-2025-operational-budget/2232/17
0xc2971fe8…7e13sent to0x6552c8fb…ada1·#21,586,844·0xc16ad1a1…9f3ffa
As a newer delegate, but a long-time community member, I do believe that the Foundation has done a pretty great job in 2024.
I am in favor of their planned mandate for 2025, however, I would love to see the DAO continue to step up and take over more responsibility from the Foundation this year.
0xa439a408…a77asent to0x6552c8fb…ada1·#21,574,948·0x5cbf6e56…b1ea9c
# RRC-37: RARI Foundation 2025 Operational Budget
### Authors: JanaBe
Reviewers: Campbell Law, Autonomous
### [](#abstract-2)Abstract
This draft proposal outlines RARI Foundation’s funding needs for 2025, along with laying out high-level objectives of what the team will be focusing on. The budget estimated for 12 months of operations is 2,040,000 USD and it enables continuity of operations and team & vendor growth as it reflects on the RARI ecosystem growth.
### [](#motivation-3)Motivation
The RARI Foundation works on behalf of the RARI DAO and helps it achieve its mission of building decentralized NFT infrastructure to power innovative NFT use cases. In doing so, the Foundation deploys resources that span contractor salaries, vendors, legal, and marketing costs, amongst others, that ensure a smooth continuation of operations and allow for the expansion of the Foundation’s efforts to help grow the RARI ecosystem. The assumption is that the Foundation will continue working with the most skilled and professional contractors in the market, and it is necessary for the Foundation’s success to be able to offer compensation in stable coins or fiat money instead of $RARI in order to be competitive.
### [](#rationale-4)Rationale
The Foundation has been actively expanding the RARI ecosystem in 2024, seizing new growth opportunities.
Most notably, it spearheaded the launch of RARI chain, initiated Treasury diversification, completed the technical decentralization of the Rarible protocol. The Foundation also aided increased governance participation, and embarked on governance upgrade to minimize barriers to participation in the RARI DAO and to enable multichain governance of the Rarible protocol opening paths to multichain revenue.
In doing so, the Foundation proposes a budget that will allow for accomplishing of the following goals:
1.  Governance
* Transition governance to RARI chain as the governance hub
* Support the DAO in efforts to enable RARI token staking for governance
* Design and audit cross-chain revenue collection model
* Adopt Multichain governance (flexible voting governor contract)
* Assist in decommissioning of veRARI and Mainnet DAO
* Transfer ownership of RARI chain to the DAO
* Relaunch the delegate launchpad program & run 2 cohorts
  2\. Ecosystem growth
* Support key ecosystem projects in driving user acquisition that will benefit protocol transaction volumes
* Collaborate with partners in developing growth initiatives and activating RARI ecosystem
* Targeted grant deployment to drive adoption of RARI tech stack
 3\. Marketing
* Raise awareness of RARI ecosystem, and drive acquisition via the usage of owned channels, PR, co-marketing, ambassadors, IRL events, and sponsorships
* Focus on Q1 and Q3 as tentpole moments
4\. Finance
* Execute Treasury diversification strategy per the mandate given
KPIs:
* Fully transition to multichain governance and mainnet DAO decommissioned by end of Q2
* Attract 500k+ RARI for governance
* Aid DAO-approved efforts in increasing 5x monthly active end users and transactions of Rarible Protocol
* Continue promoting RARI chain projects, aiming for incremental 4M+ transactions on RARI chain
Note: the Foundation will publish an end-of-year transparency report that will summarize the results of 2024.
### [](#key-terms-5)Key Terms
Rarible Protocol - multichain indexer and order book with SDK
RARI Chain - royalties enforcing L3 built with Arbitrum Orbit
RARI Ecosystem - applications utilizing the Rarible Protocol and/or the RARI Chain
$RARI - ERC 20 token, used in the RARI DAO governance
### [](#specification-6)Specification
The proposed 2025 budget of 2,040,000 USD reflects the above goals, team, and resource needs. It’s roughly one-third higher than the 2024 operational budget, which reflects on the growing operations and RARI ecosystem.
Salaries 1,030k
Legal costs 170k
Vendors 255k
Marketing 300k
RARI chain 80k
Security audit 150k
Others 55k
Total 2,040k
Specifics:
* Salaries cover 8 FT and 2 PT contributors (FT: 1x Strategy, 2x Growth, 1x Community, 2x Marketing, 1x Tech, 1x Treasury; PT 1x Tech, 1x Design)
* Legal fees include Cayman Island counsel, US counsel, and a paralegal
* Vendor fees include administration costs (Director of the Foundation and the Supervisor of the Foundation, both roles are required for the set up of the Foundation under the Cayman law), professional delegate fees, Security Council compensations, accounting services, engineering vendors
* Marketing costs cover sponsorships, production, marketing agency fees (to be incurred ad hoc as needs arise), and ambassadors
* RARI chain costs include infrastructure vendor fees
* Security audit costs include review of smart contracts related to multichain fee collection for the DAO
* Other costs include travel costs to crypto conferences, and miscellaneous expenses such as office supplies, subscriptions, and event tickets.
* This proposal uses the 7-day average price of 2.54 USD for RARI (as of Jan 7 using coinmarketcap data) and requests 803,145 RARI for 2,040,000 USD 
Notes:
1. The Director of the Foundation is responsible for the budget. They may opt to delegate day-to-day budget management tasks to the Foundation team.
2. Budget spending shall be monitored by the Foundation’s appointed accountant.
3. Periodic budget spending reports shall be shared with the community quarterly, no later than 45 days after the end of the quarter. The community may request budget updates at any point. In such event, the Foundation shall present the budget status no later than in 15 working days.
4. If there are unspent funds at the end of the budget cycle, the Foundation may propose to keep the amount in an operational reserve. Otherwise, it shall be returned to DAO’s treasury within 90 days of the budget cycle’s end.
5. The Foundation team shall respect the budget allocations as specified in the subtotals. It is understood that variations may occur. However, transfers between the budget groups should not exceed 30%. Budget reallocations larger than 30% will require DAO approval.
6. Should $RARI price deviate from the USDC conversation rate at the date of the proposal submission, the Foundation shall either submit an additional proposal to request funds to cover the exchange loss or report the excess funds at the end of the budgeting cycle.
7. Contributors (Team) are to be paid once a month in USDC unless otherwise agreed in their contracts.
8. Legal and Administrative costs are to be paid upon receiving invoices from the Foundation service providers as per engagement letters or agreements with such entities.
### [](#steps-to-implement-7)Steps to Implement
Upon the budget approval, the full corresponding $RARI amount will be transferred to the Foundation’s operational wallet (0x2a83d2891Ef3df6967E3C2e9b69cCc7aD029736B), the Foundation will convert it to USDC to reduce the exchange rate fluctuation risk and the exchanged amount will be stored on the operational wallet (0x2a83d2891Ef3df6967E3C2e9b69cCc7aD029736B).
The Foundation may opt to halt conversion to USDC, should the exchange rate start falling below the desired conversion rate, and resume when the desired rate is met or if a conversion must be made in order to meet Foundation’s payment obligations. Payments within the approved budget in accordance with signed contracts are to be made by the Foundation administration, who will be responsible for the budget.
0xbe3f8203…ab4dsent to0x6552c8fb…ada1·#21,030,059·0x60e0a489…7a45ce
# RRC-35 DAO Code of Conduct
# **Abstract:**
This proposal introduces a Code of Conduct for RARI DAO delegates and community members to ensure a respectful and productive governance environment. It outlines expectations for delegate behavior and engagement policies, enforced by market forces and moderators respectively, and details consequences for violations.
# **Motivation:**
Implementing this Code of Conduct will help establish a respectful and professional environment within the RARI DAO. It ensures that both delegates and community members engage in meaningful and constructive discussions, aligning with the broader mission of decentralization and community-driven governance.
# **Rationale:**
The proposed Code of Conduct aligns with the mission of RARI DAO by promoting transparent, respectful, and informed decision-making. The expectations for delegates encourage professionalism, accountability, and empathy, which reflect the values of a decentralized autonomous organization focused on the collective good. The engagement policies aim to maintain a healthy community discourse, contributing to the long-term sustainability of the DAO.
# **Key Terms:**
* **Delegation market:** A system where token holders delegate their voting power to trusted individuals, who act as their representatives within the DAO.
* **Conflicts of interest:** Situations where personal interests may compromise the impartiality of a delegate’s decisions.
# **Specifications:**
The Code of Conduct consists of two facets and will be enforced by their own mechanisms:
### **Delegate Expectations (Enforced by the delegation market)**
These are ‘should’ statements which are enforceable by the delegation free market but not directly by any elected or unelected committee. All delegates should abide by these expectations. If a delegate does not abide by these expectations, their delegators should consider re-delegating to a delegate who does abide by them.
* Be informed about the broader crypto ecosystem.
* Act and vote based on what they believe best serves the interests of the DAO.
* Review proposals professionally without bias and abstain if unable to do so.
* Provide constructive, well-researched feedback, avoid personal attacks, unsubstantiated claims, and use designated channels for discussions.
* Avoid conflicts of interest wherever possible and reduce the impact of these when it’s not possible to avoid them.
* Disclose potential conflicts of interest whenever possible.
* Do not vote for their own candidacy in an election. In cases such as multiple-choice voting, delegates may vote for themselves as long as they also vote for at least one other candidate.
* Be respectful of diverse options and demonstrate empathy towards other delegates or community members.
### **Policies for Engagement (Enforced by moderators)**
Using the Forum (Discourse), Discord, and Telegram.
* Treat everyone with respect, avoiding discrimination, harassment, and inappropriate language or behavior, especially in tough conversations.
* Contribute meaningfully to discussions by adding value, providing constructive critiques, and offering evidence for claims.
* Encourage respectful discourse and avoid personal attacks in all interactions.
* Uphold civility, common sense, and a positive attitude in all interactions.
* Stay vigilant against scams and phishing attempts. Reporting suspicious activity is encouraged.
To report a Policies of Engagement violation by any user one may flag the violation using tools provided by the platform on which it has occurred. These should be handled by moderators of various platforms in cooperation with the Foundation. If a delegate does not abide by the rules above, they will:
* Receive a warning, in minor cases.
* Receive a suspension for one month in severe cases.
* After that, a delegate may receive a six-month suspension for repeated violations.
* If a delegate continues to violate the above rules they may face permanent suspension from the DAO. Suspensions will apply to participation in community platforms such as the forum (Discourse), Telegram or Discord, not the DAO as a whole.
# Overall Cost:
There are no direct costs associated with the implementation of this proposal
0xa439a408…a77asent to0x6552c8fb…ada1·#20,837,344·0x23ad02de…ecb230
# RRC-33: Continuation of RARI DAO Security Council
**Abstract**
This RRC-33 proposes to extend the term of the current committee consisting of a DAO-appointed 5-member multi-sig (“Security Council”), which has the ability to perform emergency and non-emergency actions such as urgent upgrades, minor, routine maintenance to the Rarible Protocol, and stoping DAO hack attempts.
**Motivation**
A vital body to mitigate risks associated with decentralization of the Rarible Protocol and RARI chain is the security council. All 5 members of the DAO-appointed multisig expressed desire to continue their engagement and would like to extend their term. This proposal suggests to extend all 5 of them until end of September 2025 (12 months). A functioning Security Council is a mechanism to prevent governance attacks in which an attacker acquires voting power through legitimate means (e.g. buying tokens on the open market) but uses that to manipulate votes to their own benefit - e.i. exploiting the DAO’s treasury or the Protocol via skewing governance or introducing Protocol vulnerabilities.
**Rationale**
All current Security Council members performed their roles diligently and in a timely manner. They are trustworthy and engaged members of the DAO community.
**Specifications**
(A) Proposed Security Council members
The RARI Foundation nominates the following members of the Security Council for a 12-month term:
1. Campbell Law, current Director of the Foundation; wallet address: 0xd9C3EeD65968443F8587Bb068e6530A48dB5d177
2. Andrei Taraschuck, current delegate; wallet address: 0x25Ad94C7768108666BfDB6742aB66b109CA82946
3. StableLab, professional delegates, represented by Mattew Stein; wallet address: Stablelab.eth
4. Jafett Sandi, current delegate of the RARI DAO and grants committee member; wallet address: 0x636e1f9A9Cb926a69441DcE54Aa9e490CFe6D4D6
5. Eugene Nacu, current Tech lead of RARI Foundation; wallet address: 0x978EBcd18c5A0d829C061566AA84227e9618C1A4
The Safe multisig wallet addresses the Security Council uses to perform its functions are:
1. Veto function: eth 0xd35ec9F67Aa082Ae666be1716C79291f1f6e4E0a
(majority threshold: 3/5)
2. Upgrade function: eth 0xa5e4514145463385aEF763Fc8161CB42b92c74f2 (majority threshold: 4/5)
(B) Appointment and Removal
1. The members of the Security Council will serve a term of 12 months. The future members of the council may be appointed via the RRC process or via an on-chain election process if the community decides to establish on-chain elections with a stand-alone proposal.
2. The members of the Security Council must act upon the direction of the director of the RARI Foundation as well as the RARI token-holders pursuant to the RRC. Failure to act in accordance with directions from either the director of the RARI Foundation or the RRC Process constitutes a reason for an ad hoc removal of Security Council members. Such removal shall follow the RRC Process, and one member of the Security Council must remain in place.
3. The number of members on the Security Council may also be expanded or reduced pursuant to the RRC Process, provided that (i) there must be at least 1 member on the Security Council and (ii) at least 1 member of the Security Council must be a director of the RARI Foundation.
(C) Compensation
Security Council members are entitled to compensation of 2,000 USDC per month.
**Steps to Implement**
N/A. All proposed Security Council members are already part of the multi-sig committee.
**Overall Cost**
$120,000 per year, to be covered from the Foundation’s operational budget.
0x1d671d1b…cd2asent to0x6552c8fb…ada1·#20,420,419·0x1535d6ca…b777fa
I am generally in favor of experiments that increase governance participation. Curious to see how this plays out.
0xa439a408…a77asent to0x6552c8fb…ada1·#20,412,857·0x78fc9e62…8c752e
# RRC 30 - Enhancing RARI DAO Governance: Plan for upgrade
This proposal is submitted by the Rari Foundation, as instructed by the RARI DAO given their desire to make RARI DAO governance more accessible and effective.
## Abstract
The RARI DAO seeks to enhance its governance framework by upgrading the RARI token contract and bringing its governance from Ethereum mainnet to the Arbitrum ecosystem. This proposal outlines the implementation of a custom L2 token on Arbitrum, facilitating efficient governance processes while reducing user costs and improving overall accessibility for RARI DAO. This proposal asks to register the custom L2 token and to propose the Arbitrum DAO to implement a custom gateway on Arbitrum native bridge.
## **Motivation**
The RARI DAO is governed by the $RARI token, which, when locked in veRARI, grants voting access. The current token contract and governance hub are on the Ethereum mainnet, making participation in governance costly due to high gas fees for locking, delegating and on-chain voting. The RARI DAO has repeatedly asked to reduce governance fees, which is now possible thanks to the possibility of migrating governance to RARI chain and upgrading core governance contracts, including the token contract.
The current token contract is on Ethereum mainnet and is not upgradable. The RARI DAO wishes to upgrade its governance, a part of which is a token contract upgrade with snapshots and delegations embedded. We will also need to change the mapping on the Arbitrum native bridge router and implement a custom gateway pending a successful Arbitrum DAO vote.
## Rationale
The RARI DAO governance upgrade is designed to make governance more accessible by simplifying the UX, reducing gas fees, enabling new token functions, and allowing for multichain governance. This will allow for higher governance participation and will position the DAO to be able to govern the RARI ecosystem beyond Ethereum Mainnet, which is an imperative given that the Rarible Protocol is a multichain product and that the DAO governs the recently launched RARI chain.
As the RARI token contract is on Ethererum mainnet, and not upgradable, a new custom token contract needs to be deployed. This proposal outlines the plan for a custom L2 token implementation, starting with the Arbitrum ecosystem.
## Key Terms
RARI token: RARI DAO governance token (<https://etherscan.io/token/0xfca59cd816ab1ead66534d82bc21e7515ce441cf>
RARI DAO: body governing the Rarible Protocol and RARI chain
Custom L2 RARI token: upgraded and simplified RARI token to be used in RARI DAO multichain governance moving forward
Arbitrum ecosystem: Arbitrum One and RARI chain L3
## Specifications
RARI token in question (<https://etherscan.io/token/0xfca59cd816ab1ead66534d82bc21e7515ce441cf>) does not have upgradability nor allows the owner to register in the Arbitrum token bridge router.
As such, a new customer L2 contract with snapshotting and delegation functions needs to be deployed. The proposed upgraded token contract was fully audited and can be found here: 
token: <https://github.com/rarible/protocol-contracts/pull/305>
audit: [https://github.com/pessimistic-io/audits/blob/b14c14f9b5dfac20524fdf82ab4d779f78b2\[…\]%20Bridged%20Token%20Security%20Analysis%20by%20Pessimistic.pdf](https://github.com/pessimistic-io/audits/blob/b14c14f9b5dfac20524fdf82ab4d779f78b2db5e/Rari%20Bridged%20Token%20Security%20Analysis%20by%20Pessimistic.pdf)
Token contract was deployed to Arbitrum Sepolia, RARI testnet (which is on top of Arbitrum Sepolia) and all contracts were tested manually as well.
For this contract to be deployed on Arbitrum One and RARI chain mainnet, a custom L2 token pathway needs to be enabled in the Arbitrum native bridge, for which the RARI Foundation will submit a proposal, pending this proposal being voted in.
For context, there will be several more actions to take place for the governance upgrade to be complete on a technical level:
* custom L2 token implementation
* custom pathway in Arbitrum native bridge
* multichain governor contract upgrade
* current RARI token wrapping contract for mainnet tokens to be usable in the multichain governance
As a result, the L2 RARI tokens, and the wrapped mainnet tokens will be possible to use for RARI DAO governance as they are. The veRARI model will be dropped and all locks will release once as the upgrade is complete.
RARI token holders will then be incentivized to bridge to the RARI chain (new governance hub), at minimum, by offering costless bridging. The RARI chain will in the meantime complete DeFi integrations to ensure there is liquidity and trading options for RARI tokens as they enter the ecosystem.
## **Steps to Implement**
1. upon passing of this proposal, the custom L2 token contract will be deployed on Arbitrum One and RARI chain
2. RARI Foundation will then submit a proposal to the Arbitrum DAO to enable the custom gateway on the native bridge and investigate incentive funding possibilities
3. Once the custom pathway is enabled, further proposals will be submitted to the RARI DAO to complete the governance upgrade (e.g. new governor contract, planned incentives)
4. Full governance migration will be announced during fall '24; exact timing will depend on technical readiness
## Timeline
A custom L2 token contract is ready to deploy upon this proposal's passing.
The Arbitrum proposal is ready to be submitted to the Arbitrum DAO's forum upon this proposal's passing.
## Overall costs
N/A
0x5f37d9a2…5e8dsent to0x6552c8fb…ada1·#20,317,988·0xd8094932…47b9f7
# RRC-27 Proposal: Repurposing Legacy Wallet
## Abstract
This proposal outlines the plan to reclaim unclaimed tokens from the legacy [wallet](https://etherscan.io/address/0xfdff6b56cce39482032b27140252ff4f16432785) and diversify the recovered funds for the growth and sustainability of the RARI ecosystem. A portion of the funds will be repurposed to fuel ecosystem growth activities, while a reserve will be maintained for future claims.
## Rationale
The purpose of this proposal is to optimize the DAO’s financial resources and deploy a new ecosystem growth fund with focus on the RARI chain, in contrast to the fund already deployed for the Rarible Protocol (see [RRC12](https://www.tally.xyz/gov/rari-foundation/proposal/91231757847957673254856060029773188347075977034191281481043953471129775685253)). By reclaiming tokens and reallocating them to ecosystem fund activities, we aim to enhance the sustainability and growth of the DAO, through expansion of the RARI chain ecosystem across DeFi, Infrastructure, GameFi, SocialFi and other important sectors. Finally, the repurposing of funds will increase available capital to invest in high-impact strategic partnerships, such as grants to researchers, developers, strategic partners and others with the aim of increasing activity primarily on the RARI chain and elevating visibility of the utility and governance of RARI token.
## Motivation
The motivation behind this proposal aligns with the core values of the RARI DAO community, emphasizing transparency, democratic decision-making, and prudent financial stewardship. Repurposing unclaimed tokens and diversifying the recovered funds into strategic investments ensures a robust foundation for future growth, while also safeguarding against market volatility and unforeseen circumstances. The RARI Foundation shall administer and manage these funds as part of the RARI Ecosystem Growth Fund.
## Key Terms
* Legacy Wallet: Refers to the wallet containing unclaimed tokens from past airdrops.
* Address: 0xFDfF6b56CcE39482032b27140252FF4F16432785
* Token Reclamation: The process of reclaiming unclaimed tokens from the legacy wallet.
* Ecosystem Growth Fund: Fund dedicated to supporting strategic partnerships, loans, grants, and other initiatives aimed at fostering sustainable development within the RARI ecosystem.
## Specifications
Legacy wallet (0xFDfF6b56CcE39482032b27140252FF4F16432785) contains over 1.1M unclaimed RARI tokens in airdrops and early rewards. The funds are unused but can be repurposed, pending a public announcement and a grace period for the public to claim their tokens.
The remaining funds in the legacy wallet shall then be repurposed to help drive RARI ecosystem growth.
It’s prudent to keep a reserve for potential future claims and distribute remainder across grants, loans, and strategic partnerships .
Suggested distribution:
* 25% reserved for potenital future claim
* 75% reminder distributed across:
* Grants (20%)
* Loans (40%)
* Strategic Partnerships(15%)
The RARI Foundation will be asked to manage the Ecosystem Growth Fund, and to publish quarterly reports. After a period of 12 months, the RARI DAO may request unallocated funds to be returned to the DAO’s main treasury.
## Steps to Implement
1. Upon approval of this proposal, recipients of RARI airdrop or early rewards programs who haven’t claimed their $RARI will have a 30 day grace period to claim their tokens. The claim period will start on the day of the execution. Notice of this claim window will be announced on RARI’s discord, X, Farcaster, newsletter, and website. Claiming can be done on [rari.foundation/claim](https://nam12.safelinks.protection.outlook.com/?url=http%3A%2F%2Frari.foundation%2Fclaim\&data=05%7C02%7CINam%40fenwick.com%7C79faa73f121e417706fd08dc81a8ef7b%7Cc2fc0a3f969f440c8b638105357eca2a%7C0%7C0%7C638527809806277080%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C\&sdata=cWpFx%2F6SQGljr03vCX3KqF4%2F53gZZz0tDxtKvbnbj9o%3D\&reserved=0)
2. After the grace period, the full amount of the recovered Legacy treasury will be sent to the RARI Foundation’s main wallet, eth:0x2a83d2891Ef3df6967E3C2e9b69cCc7aD029736B. These funds will be distributed amongst specific ecosystem growth Multisig wallets as established under RRC 12.
3. The Ecosystem Growth Fund will be repurposed approximately in the following areas: 20% grants, 40% strategic loans, 15% strategic partnerships. The remaining 25% shall be reserved for future claims, ensuring liquidity and responsiveness to community needs.
4. RARI Foundation will publish quarterly reports on the Ecosystem Growth Fund’s activities.
## Timeline
* Announce the token reclamation process, provide a 30-day window for reclaiming tokens which will initiate on the day the proposal is executed.
* Provide regular progress updates to the RARI DAO community throughout the implementation phase of this proposal.
* Repurpose the unclaimed funds at the 30 day mark upon execution.
* Provide transparency and regular updates to the RARI DAO on how the ecosystem fund is reallocating the resources.
## Costs
No costs are associated with this proposal.
## Conclusion
This proposal represents a strategic opportunity for the community to optimize its financial resources and foster sustainable growth. By reclaiming idle, unclaimed tokens and reallocating them to ecosystem fund activities, this proposal will reflect the foundation’s commitment to responsible financial management, transparency, and community engagement.
* Encourage the community to claim their tokens from the legacy wallet within 30 days of the proposal passing.
* Allocate 75% of the remaining tokens to the Rari Ecosystem Fund managed by the Foundation.
* Reserve 25% of the tokens for future claims, maintaining liquidity and responsiveness to community needs.
0x1d671d1b…cd2asent to0x6552c8fb…ada1·#20,212,749·0x9c2c1f82…1b177b
# RRC-24 Empowering Latin American Artists Through Art
## **📯 Abstract**
Empowering Latin American Artists Through Art with Happ3n XYZ and RARIBLE. A Movement for Social Change Art for Impact \[AFI]
## **🎠 Motivation**
This proposal aims to outline a strategy to incorporate Latin American artists into RARIBLE. By targeting this region, we aim to encourage artists to foster cultural exchange and take advantage of Latin America's vibrant artistic community. Through strategic outreach, initiatives on the adoption of RARIBLE and an incubation program where we aim to create a welcoming environment for Latin American artists, teach them the advantages of RARIBLE, its use, display and monetize their work through the sale of their NFTs on RARIBLE and encourage them about using the RARI Chain.
## **🦄 Key Terms**
Happ3n is a hybrid SocialFi + GameFi platform identifying the necessity to organize the chaos of events and content related to Web3 that emerged daily between platforms such as X, Whatsapp, Zoom, Telegram, Discord, Twitch, among others. So we saw an opportunity to bring a **functional solution** for identified users as communities, creators and enthusiasts to create a scalable business model.
Happ3n provides a safe, streamlined space for event promotion and connection. Users can enjoy and stay informed, while event creators gain valuable metrics about their community audiences and get in NFT Art, Rewards, Badges and premium features.
Our 1.0 version is currently active and launched in Sep 2023 in a first phase to the Spanish-speaking market to validate our idea (MVP) since we faithfully believe that there is continuous unexplored growth in those regions of the world.
Despite community onboarding challenges, Happ3n is spearheaded by 2 women committed to expanding Web3 & Tech access through relatable events in Web3 & Tech. It is a project that we bet will be the way to make a bridge between Web2 and Web3. Bringing events to a new wave of people wanting to get into Web3 and not knowing where to do it or what communities they can trust.
Web: <https://happ3n.xyz>
## **💿 Specifications**
[Sohobiit](https://sohobiit.art/) is a renowned figure in the Latin American NFT community, having previously organized experiments to support artists on a smaller scale. ([Link to NFTanda 3.0](https://docs.google.com/document/d/1chZT9cCjpNNS3JnKtw5U5PBRaD9-dim_i_aF9Tcebpg/edit?usp=sharing))
A significant portion of the research aimed at identifying primary centers of artistic activity has already been completed.
Here are some of the statistics observed during previous experiments:
\[**All these are ideas of numbers that can support our case**]
* Chart with active NFT artists per country in LATAM
* Numbers of active traditional artists that have indicated interest in jumping into the crypto scene
* Numbers from the previous “NFTanda”: duration, participants, artwork in #s, participants, buy & sell #s.
We aim to further advance the initial concept of NFTanda in Latin America. Our objective is not only to encourage artists to embrace the RARI Chain to grasp its advantages but also to raise awareness about Rari among non-artists.
A highly significant result of endorsing this grant would be that once the return on investment (ROI) for Rarible is validated, this initiative can evolve into a recurring process that can be replicated in other communities.
Also we gonna use the Happ3n Site Tecnology, RARIBLE site, RARI CHAIN or Some L2 Chain.
## **🍬 Steps to Implement**
Action Plan for Developing an Art Contest called ‘Ronda NFT’ This will be implemented making a smart strategy to get some quick results as a pilot of a possible contest that can be held annually, connecting artists, expanding the RARI brand and rewarding creators as well as updating this art niche with new proposals, artistic and technological trends that emerge.
By implementing these steps, we can establish RARIBLE as a leading destination for artists in Latin America, unlocking new opportunities for cultural exchange, economic empowerment, and creative expression.
We'd also like to emphasize that to fully leverage the potential impact of this campaign, we would greatly appreciate RARI DAO's support in amplifying some of our content and campaigns, either through the grants program or as a DAO initiative.
# 🎬 Timeline
about 3 or 3.5 months
# 🧬 History
Latin America stands out in art for its vast cultural wealth, ranging from pre-Columbian civilizations to contemporary currents, reflecting a unique mix of indigenous, European, African and Asian influences. This cultural diversity translates into a wide range of styles and themes in the region's artwork, providing an enriching and distinctive experience.
Digital platforms like Rarible offer Latin American artists the opportunity to expand their global reach, connecting with a broader audience and participating in an international market. This democratization of access to art, facilitated by technology and social networks, provides new possibilities for the marketing and distribution of digital works, allowing Latin America to contribute significantly to the global artistic landscape in the 21st century.
# **🧙🏻 Overall Cost**
### Explanation of Budget Categories
**✨ Management:** Allocated evenly across three months for planning and coordination efforts between 3 workers
**🍄 Advertising & Graphics:** Consistently funded to maintain continuous promotional activities and design work
**🌈 Art Awards:** Disbursed in the third month to reward top-selling artists.
**🧶 Team Bonuses:** Higher in the third month due to additional compensation of $150 each for the two art curators. This is to reward their efforts and ensure their continued support and participation in the project and ecosystem.
**⛑️ Contingency:** Set aside evenly for unforeseen expenses throughout the project.
### Final Budget & Art Prize Award
> **Total Budget $8.5K**
### 🚀 Regarding the changes that have been proposed in the community calls and comments into RARI forum Foundation, I bring you the final proposal.
##
0xc04d122c…7fd4sent to0x6552c8fb…ada1·#20,142,944·0x65782a27…07ec6c
I support the idea of this WG; it is important as it would give our tokenomics a form of structure
0x3bc71d21…5644sent to0x6552c8fb…ada1·#20,129,421·0x89cd97b5…b39fad
I support this proposal for a tokenomics working group. It allows for the DAO to explore and understand current options for alternative token utility in other projects and identify potential updated uses that will benefit the DAO.
0x6f9bb7e4…8a1dsent to0x6552c8fb…ada1·#20,069,317·0xdac48d34…b14a4e
I think this will reflect poorly on the token and will not provide benefits for grants
0xc04d122c…7fd4sent to0x6552c8fb…ada1·#20,050,724·0x009564f4…0d8f86
as a member of the GC, I am 100% in favor of this proposal
0x3bc71d21…5644sent to0x6552c8fb…ada1·#20,043,501·0xd745c761…3b6378
I support this proposal that will provide incentives to submit and complete successful grant proposals.
0xca85c622…93e6sent to0x6552c8fb…ada1·#20,042,548·0x0652126e…879613
my comments here https://forum.rari.foundation/t/rrc-25-lock-up-revision-for-ecosystem-grants/1967
0xca85c622…93e6sent to0x6552c8fb…ada1·#20,040,510·0x8d355ae6…3b6499
# RRC-25 Lock-up revision for Ecosystem Grants
**Abstract**
This proposal revises the lock-up period for $RARI tokens awarded to grantees of the Ecosystem Grants Program from the RARI Ecosystem Growth Fund. It builds on the previous proposal, [**RRC-12: RARI Ecosystem Growth Fund** 2](https://www.tally.xyz/gov/rari-foundation/proposal/91231757847957673254856060029773188347075977034191281481043953471129775685253?chart=0).
Previously, RRC-12 stated: “The individual grants should take the form of locked RARI that is revocable for a period of 6 months in the following tranches: 50% upon grant approval and 50% upon project delivery. This mechanism aims to ensure the grant recipients deliver their projects in full.”
Based on insights from Sprint #1, the Ecosystem Growth Fund (EGF) Committee proposes these changes:
* Remove the lock-up period for $RARI after full project delivery.
* Allow the EGF Committee to decide on a case-by-case basis if $RARI tokens should be locked until project completion and hitting the last milestone.
**Motivation**
The EGF Committee recommends revising the lock-up period to remove barriers for accessing funds earlier while ensuring projects are delivered fully and on time. Most grants involve short-term projects, making a 6-month wait impractical. This change would also attract more established projects requiring upfront payments.
**Rationale**
The proposal aims to:
1. Attract more mature projects with proven track records to the RARI Ecosystem that require upfront payment.
2. Remove barriers to accessing funds for projects that need the grant to cover development costs.
**Specifications**
From Sprint #1, the EGF Committee noted that most projects do not exceed 2 months. A 6-month lock-up period can cause frustration. Therefore, the Committee suggests granting immediate access to funds upon full project delivery.
Additionally, the Committee proposes that while it is generally reasonable to lock $RARI until project completion, some projects might need a portion of the grant upfront to cover initial costs.
The Committee suggests evaluating on a case-by-case basis whether a project can access a portion of funds after grant approval, this is only for exceptional cases where the project needs to cover development costs.
Maintaining milestones as a part of grants will help protect RARI DAO from potential grants’ mishandling.
**Steps to Implement**
As Sprint #1 of the Ecosystem Grants Program concludes and participants are selected, the results of this proposal will be applied immediately, affecting Sprint #1 applicants. The lock-up period terms will be outlined in grant agreements and managed via [Hedgey Finance 1](https://hedgey.finance/).
**Timeline**
The voting period is advised to conclude by June 10th on Tally, followed by a cooling-down period.
**Overall Cost**
There is no cost associated to implementing the proposal.
0x1d671d1b…cd2asent to0x6552c8fb…ada1·#20,033,787·0xe6eaeb42…78b360
Gas fees add up fast. The more ways we find to incentivize voting, the better.
0xc04d122c…7fd4sent to0x6552c8fb…ada1·#20,000,058·0x27f8da88…b6509e
A well thought out proposal; I am in support
0xca85c622…93e6sent to0x6552c8fb…ada1·#20,000,057·0x45b4afeb…503c3f
Entire discussion here
https://forum.rari.foundation/t/rrc-21-gas-fee-rebate-for-delegates-on-chain-governance/1872/1
0xca85c622…93e6sent to0x6552c8fb…ada1·#20,000,021·0x852122e1…e8a177
# RRC-21 Gas Fee Rebate for Delegates on-chain governance & Gasless voting params
## Summary
Reimburse gas fees spent by DAO delegates when participating in on-chain governance on Tally starting with RRC-12. And establishing the parameters for gasless voting moving forward.
## Abstract
RARI DAO delegates are responsible of promoting new proposals into Tally, voting on-chain, queueing, and executing proposals. These on-chain transactions have significant gas costs measured in ETH. These fees are paid by the wallet sending the transaction, the RARI DAO delegate.
Considering that Tally now offers gasless voting, this proposal aims to establish a Gas Fee rebate mechanism for delegates who have participated in governance on-chain activities on Tally, starting with RRC-12. Furthermore, it seeks to define the parameters for wallets to qualify for gasless voting through Tally in the future.
## Motivation
Gas fees in Ethereum have been costly and prohibitive, especially for delegates. Implementing this proposal aligns with the strategies being executed by RARI DAO to further democratize, incentivize, and remove barriers for existing and new delegates.
## Rationale
The Delegates Launchpad program is a platform for new talent to come to RARI DAO and develop new, exciting ideas to grow the RARI ecosystem. In parallel with this program, RARI DAO has been developing more infrastructure and strategies to foster a more decentralized and sustainable ecosystem for artists, collectors, and builders.
* [**RRC-12: RARI Ecosystem Growth Fund**](https://forum.rari.foundation/t/rrc-12-rari-ecosystem-growth-fund/1697): a fund composed of three parts: Grants Program, Strategic Loans, and Strategic Partnerships.
* [**RRC-19 Rari Chain Sequencer Revenue Split**](https://forum.rari.foundation/t/rrc-19-rari-chain-sequencer-revenue-split/1855): allocating 50% of the RARI Chain Sequencer Revenue as:
* 15% to the Creator Fund to fund creative projects and initiatives
* 35% for DAO Treasury to fund DAO initiatives and fund operational costs.
This proposal aims to remove barriers for delegates and incentivize a more active engagement of the delegate community. Broader participation leads to better decision-making for RARI DAO.
## Specifications
### Who is elegible for Gas fee rebate?
All delegates that have participated in one of the following activities starting with [RRC-12](https://www.tally.xyz/gov/rari-foundation/proposal/91231757847957673254856060029773188347075977034191281481043953471129775685253).
* Promoting a Proposal into RARI DAO Tally
* Voting on-chain on a proposal on RARI DAO Tally
* Queueing a proposal for execution on RARI DAO Tally
* Executing a proposal on RARI DAO Tally
### Retroactive Reimbursement Claiming Process
For the purpose of retroactive reimbursement, a claim period will open 30 days from the proposal passing for delegates that are eligible for Gas fee rebate.
To reduce the administrative burden for RARI, the claiming process should be initiated by Delegates themselves. The option to submit a Gas Rebate Application to RARI via a Form, shall include:
1. The list of transactions associated with the activities mentioned above
2. The corresponding gas fees spent on each transaction
3. Etherscan links detailing the above
Once an application has been submitted to RARI DAO, an appointed Governance Facilitator from the Foundation will review the applications and proceed with gas rebates.
NOTE:
Any gas fees not claimed over the 30 days period mentioned above will be automatically forfeited.
### Eligibility for Gasless Voting on Tally
* Wallet must have at least 300 RARI in delegated voting power
* 10 votes per wallet. We can re-up in Q1 2025, or if there are an unexpectedly large number of proposals later this year.
Notes:
1. RARI Foundation will cover gasless voting from 2024 operational budget by setting $3,000 for gasless voting with Tally
2. Gasless voting does not include submitting proposals. If proposal submission is to be free, there is a concern about spamming governance. Delegates can ask for proposal submission compensation as a fee when posting the proposal instead.
## Steps to Implement:
* After the proposal is approved, the RARI Foundation will collaborate with the Tally team to enable gasless voting for our DAO in Tally.
* A reimbursement form for the aforementioned governance activities will be made available 48hrs from the proposal execution. Immediately after the form is available the 30 days window to claim starts and the foundation will have 15 business days to review the claims and disburse the payment.
## Budget
This proposal will not incur any cost to the DAO in 2024 because the RARI Foundation will allocate the necessary funds for the rest of the year.
1-50 of 142