StableLab supports this proposal as it will add cutting-edge innovation to the Rari governance structure, increasing governance participation while incentivizing users to migrate and bridge RARI from the old contract in Ethereum to the new one in Rari Chain. The stRARI liquid token will also allow for composable uses for the token, creating potential synergies with further programs.
As a member of the current Security Council, StableLab would vote abstain on this proposal. However, since Quorum is unlikely to pass without our vote, we will vote For once all community concerns have been addressed and there is sufficient consensus about the proposal. We recognize the necessity and diligence of the existing Security Council and support the continuation of the council for the proposed 12-month term. However, we believe that the ultimate form of security lies in a strong governance participation and our stance is that over time, there should be a progressive shift from a security council structure to a more decentralized governance security model.
StableLab believes this proposal will serve as a good test for the DAO to examine the benefits of working groups. We also believe this particular working group will create substantial value for the DAO by ensuring all governance documentation is up to date, hosting any extra community calls needed, and providing research into how RARI DAO can increase participation. StableLab would usually vote abstain on proposals that provide us payment. However, in the current state of RARI governance, StableLab has to vote "For" in order for any vote to pass quorum. Since this vote already has over 80% for votes, StableLab will also vote for in order to allow the proposal to meet quorum. This necessity for StabeLab to vote for highlights the need for the DAO to focus on increasing governance participation which we believe this working group will help solve.
# RRC-32: [Updated] Trial run a Governance Working Group
# Abstract
This proposal advocates for the establishment of a 3 month trial of a Governance Working Group (GWG) within RARI DAO with the main goal of increasing the execution power of the DAO. The GWG will play a crucial role in moderating discourse, resolving disputes, maintain tooling and documentation and ultimately a training and testing ground for delegate led governance
# Motivation
Governance today is primarily funded by the [RARI foundations operational budget](https://www.tally.xyz/gov/rari-foundation/proposal/53632667310254745488298418746891909878296828371361014234476145432189572109732) and facilitated through service providers & a community lead. While this approach offers a decent starting ground, the ideal state for the governance of the DAO is when it’s run by it’s delegates and funded directly by the DAO. In order to reach this state, the DAO should experiment by giving an increasing amount of responsibilities to delegates over time, test results and iterate. The WG framework offers a great playground to test such initiatives and ultimately plan and deploy a progressive decentralisation strategy.
# Rationale
The formation of the GWG is rooted in the acknowledgment of the dynamic nature of decentralized governance & the imperative to adapt and evolve accordingly. By consolidating expertise and dedicating resources to governance-related tasks, RARI DAO can mitigate risks, optimise resource allocation & enhance overall community participation. The GWG will serve as a catalyst for positive change, driving innovation, efficiency & inclusivity in the governance processes of RARI DAO.
# Specification
## Goals
### Governance Participation
* Propose updates, incentives & metrics-based strategies to maintain and grow active governance participants
### Governance Operations
* Develop, maintain, and regularly update governance onboarding process to facilitate the seamless integration of new members into the DAO.
* Maintain, research & upgrade governance tooling to facilitate smooth governance operations
### Governance Documentation
* Establish, monitor, and enforce governance documentation, and explore developing a constitution, bylaws, and a code of conduct.
* Continuously update governance documentation to reflect evolving community needs and best practices.
### Moderation & Dispute Resolution
* Proactively moderate discourse to filter out offensive, poorly defined, or spammy proposals.
* Serve as mediators to assist in resolving disputes and conflicts within the community.
## Timeline
During the course of the trial period, tasks will be progressively allocated to delegates incharge of operations from the foundation to the DAO. A final report on the feasibility of this approach will be written and published at the end of the trial period
## KPIs
* host any additional community calls needed outside of the 2 monthly foundation calls and create a plan to smoothly transition some governance responsibility from the foundation to the WG
* review and update all governance documents
* provide a research report into how other DAOs have increase governance participation and/or improved governance structures
## MoS
Positive feedback from foundation & delegates about DAO led Governance operations
## Multi-sig policies
* Assuming a 4 member squad, the multi-sig will be structured as 3 out of 4
* 50% compensation will be paid after 2 months
* 50% compensation will be paid upon submission of a report to the DAO at the end of the trial period
* Any leftover funds can be claimed as bonus by the squad upon fulfilling the goals stated in this proposal
* Multi-sig address: 0x2a39B257d4D62e212a1b6CdB07e54661293b04F2
## Roles & responsibilities of each member
**Steward/Operations Lead:** [@jengajojo](https://forum.rari.foundation/u/jengajojo)
Oversees the group, coordinates tasks, leads allocation and execution of operations and ensures milestones are met
**Advisor:** StableLab/[@Matt\_Stablelab](https://forum.rari.foundation/u/matt_stablelab)
Appointed by the foundation as advises on all things governance
**Foundation representative:** [@addie](https://forum.rari.foundation/u/addie)
Appointed by the foundation to lead & deliver parts of governance operations
**Scribe & Ops Co-lead:** [@winverse](https://forum.rari.foundation/u/winverse)
Prepares detailed documentation and assists in governance operations whenever needed
# Budget
| **Role** | **Compensation (RARI)** | | |
| :-----------------------: | :---------------------: | - | :- |
| Steward & Ops Lead | 4000 | | |
| | | | |
| Advisor | 1000 | | |
| Foundation representative | | | |
| Scribe & Ops Co-lead | 4000 | | |
| Buffer | 1000 | | |
| **Total** | **10000** | | |
| | | | |
As we are a part of this proposed working group we will abstain from voting. While we think this wg could provide important insights for how to improve governance in the DAO and would be happy to be a part of it, we will leave it up to the other delegates to decide if they feel this wg should be funded
StableLab is very supportive of this proposal. Governance on Eth mainnet can be very costly and be a barrier for those wishing to participate in governance especially in the absence of delegate rewards. Working closely with the Arbitrum ecosystem we are a major supporter of Arbitrum and think it would be a great place to host governance due to the low costs, high speeds, and high reliability of Arbitrum. We believe this could increase voter turnout for RARI DAO and help to keep the DAO safe
StableLab supports this initiative to onboard Latin American Artists to the Rarible Ecosystem. This is a rapidly growing demographic of web3 users and we believe this highly targeted campaign could have tremendous impact in adding users to Rarible at a relatively low cost.
# RRC-31: Trial run a Governance Working Group
# Abstract
This proposal advocates for the establishment of a 3 month trial of a Governance Working Group (GWG) within RARI DAO with the main goal of increasing the execution power of the DAO. The GWG will play a crucial role in moderating discourse, resolving disputes, maintain tooling and documentation and ultimately a training and testing ground for delegate led governance
# Motivation
Governance today is primarily funded by the [RARI foundations operational budget](https://www.tally.xyz/gov/rari-foundation/proposal/53632667310254745488298418746891909878296828371361014234476145432189572109732) and facilitated through service providers & a community lead. While this approach offers a decent starting ground, the ideal state for the governance of the DAO is when it’s run by it’s delegates and funded directly by the DAO. In order to reach this state, the DAO should experiment by giving an increasing amount of responsibilities to delegates over time, test results and iterate. The WG framework offers a great playground to test such initiatives and ultimately plan and deploy a progressive decentralisation strategy.
# Rationale
The formation of the GWG is rooted in the acknowledgment of the dynamic nature of decentralized governance & the imperative to adapt and evolve accordingly. By consolidating expertise and dedicating resources to governance-related tasks, RARI DAO can mitigate risks, optimise resource allocation & enhance overall community participation. The GWG will serve as a catalyst for positive change, driving innovation, efficiency & inclusivity in the governance processes of RARI DAO.
# Specification
## Goals
1. Governance Participation
* Propose and implement updates, incentives & metrics-based strategies to maintain and grow active governance participants
* Identify methods to increase high-quality participation in RARI DAO governance, and provide recommendations for fine-tuning governance processes toward efficacy & inclusivity
1. Governance Operations
* Develop, maintain, and regularly update governance onboarding process to facilitate the seamless integration of new members into the DAO.
* Maintain, research & upgrade governance tooling to facilitate smooth governance operations
1. Governance Documentation
* Establish, monitor, and enforce governance documentation, and explore developing a constitution, bylaws, and a code of conduct.
* Continuously update governance documentation to reflect evolving community needs and best practices.
1. Moderation & Dispute Resolution
* Proactively moderate discourse to filter out offensive, poorly defined, or spammy proposals.
* Serve as mediators to assist in resolving disputes and conflicts within the community.
## Timeline
During the course of the trial period, tasks will be progressively allocated to delegates incharge of operations from the foundation to the DAO. A final report on the feasibility of this approach will be written and published at the end of the trial period
## KPIs
* of active delegates participating in high quality & in depth discussions
* improvement in quality and depth of discussions
* number of new delegates successfully onboarded
* adherence to established governance documentation and protocols.
## MoS
Positive feedback from foundation & delegates about DAO led Governance operations
## Multi-sig policies
* Assuming a 4 member squad, the multi-sig will be structured as 3 out of 4
* 50% compensation will be paid after 2 months
* 50% compensation will be paid upon submission of a report to the DAO at the end of the trial period
* Any leftover funds will be distributed between members
* Multi-sig address: 0x2a39B257d4D62e212a1b6CdB07e54661293b04F2
## Roles & responsibilities of each member
**Steward/Operations Lead:** [@jengajojo](https://forum.rari.foundation/u/jengajojo)
Oversees the group, coordinates tasks, leads allocation and execution of operations and ensures milestones are met
**Advisor:** StableLab/[@Matt\_Stablelab](https://forum.rari.foundation/u/matt_stablelab)
Appointed by the foundation as advises on all things governance
**Foundation Operator:** [@addie](https://forum.rari.foundation/u/addie)
Appointed by the foundation to lead & deliver parts of governance operations
**Scribe & Ops Co-lead:** [@winverse](https://forum.rari.foundation/u/winverse)
Prepares detailed documentation and assists in governance operations whenever needed
# Budget
| **Role** | **Quantity** | **Compensation (RARI)** |
| ------------------------- | ------------ | ----------------------- |
| Steward & Ops Lead | 1 | 3000 |
| Advisor | 1 | 1000 |
| Foundation representative | 1 | 0 |
| Scribe & Ops Co-lead | 1 | 3000 |
| Buffer | | 1000 |
| **Total** | | **8000** |
StableLab supports the creation of clearer mandates for the grants committee. We believe it is important for have clear goals and structure to a grant program and also support paying contributors who spend their time to select and monitor the grants
# RRC-24 Empowering Latin American Artists Through Art (Corrected Version)
## **📯 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](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.
StableLab was initially supportive of this proposal as we felt it would be a good experiment to test out the new working group model. However, now that there are discussions about a governance focused working group we would rather support that proposal for a wg experiment. We feel tokenomics are an extremely hard topic for a DAO to tackle and a working group focused on this may not yield valuable results. A more direct impact can be made to the RARI ecosystem if our first working group focuses on governance and strengthening the power of the DAO.
# RRC-29: A Clearer Grants Committee Mandate
# Abstract
This proposal aims to define a more transparent structure for the [Grants Committee](https://forum.rari.foundation/t/follow-up-to-rrc-12-rari-foundation-grants-committee-selection/1742) and ultimately for the Ecosystem Growth Fund.
# Motivation
Taking into account what could be called an initial GC pilot which we are about to wrap up, the need to define comprehensive strategies and focus areas with grantees is required. There is also the need to communicate clearer GC responsibilities, compensation, and better community involvement in GC activities.
More specifically, this will better help us drive development and usage, cultivating enthusiastic users and talented builders that will help shape the future of the Rarible protocol and chain, fostering a sustainable creator economy.
# Rationale
GC needs a set of guiding principles to steer us forward. The first grant sprint helped us define and set up good structures early on but also opened our eyes to areas where we could do things better both internally and externally.
# Key Terms
GC: Grants Committee
RFP: Request for Proposal
# Specification
The current structure focuses on having two community members and two Foundation member on the committee. One member acts as the grant’s lead responsible for coordination; the other committee members assume evaluator roles, overseeing the grant application evaluation process and supporting grantees, helping them meet and exceed their milestones.
In the initial set-up of the GC, responsibilities were not spelled out, and no real KPI was set to be tracked as a deliverable for the working group. However, after sprint one of the Ecosystem Fund, we are outlining some responsibilities and suggesting some KPIs so the community can easily track the progress of the GC.
## GC Responsibilities
* The Committee will self-determine how they reach consensus on grant applications from the intake form as well as the recommendations from the GC Lead.
* The GC will operate transparently by communicating progress during governance calls and sharing information and feedback in public forums.
* Work in iterations (quarterly) - which will allow us to be flexible in funds usage
* Define minimum and maximum allocation for grantees. This tells what kind of program we’ll be running. i.e small and fast grants, or midsize grants that can span over six months
* The GC will also publish a report on their process, learnings, and outcomes at the end of each cycle (three months).
* Creation of RFPs and marketing content to communicate updates and opportunities to the builders.
* Communicate the information regarding approval/rejection of proposals to the RARI DAO community regularly.
* Discuss program improvements within the team during scheduled meetings.
* Each member of the GC will transparently share Conflict of Interest disclosure with the community whenever necessary.
* Publish the qualified projects for every cycle along with our rationale for supporting them on Forum.
* Continue iterating on grant process.
* If something is not clearly outlined here, the GC has decision-making authority over its operations and may decide to make exceptions for proposers at their discretion.
## GC KPIs
* Number of Applications Received: Total number of grant applications received. This should include both accepted and rejected applications and a brief note explaining the decision.
* Grant Distribution Timeline: Measure the time taken to review, approve, and distribute grants, ensuring a timely turnaround time of no longer than 10 days from application to resolution
* Grant Amount Disbursed: Monitor the total value of grants distributed to successful applicants including distribution across projects, and budget utilization rate.
* User Metrics: Measure the increase in the number of users or active participants in the protocol as a result of funded projects.
## MoS
* Successful review of grantee proposals
* Report submitted to the community at the end of every grant pilot
## Multisig Policies
* Assuming the same four member squad in control of the Ecosystem Grants Fund, the multi-sig will be structured as 3 out of 4.
* multisig address: 0x8099b56FC797731f03dA9074a65bBb5Adf16b09F
# Budget
Of the GC members, two are from the Foundation, and two are from the RARI DAO community. Foundation members either part-time or full-time get compensated from the yearly operations budget. However, the two community members are not compensated.
I am proposing we compensate these two community members in $RARI that gets unlocked at the end of each cycle. More specifically, I suggest 12k $RARI for each member gets locked through Hedgey around the time the operational budget goes live in December then at the start of next year 2025, and going forward, 3k $RARI is unlocked for each member at the end of every cycle (quarterly).
Concerning the current situation where we are already nearing the end of a cycle and with the two community members ([@Jaf](https://forum.rari.foundation/u/jaf) and [@WinVerse](https://forum.rari.foundation/u/winverse)) having already worked for six months, I propose 3k $RARI each for their contributions thus far, and a six-month lockup of 12k $RARI for the remainder of the year. 6k $RARI will get unlocked at the end of the next cycle and if one more cycle is done before the end of the year, the remaining 6k is unlocked. All unused funds will be sent back to the treasury.
There is no separate compensation as multisig signers.
# RRC-26 Tokenomics Working Group Proposal (Corrected Version)
# Abstract
This proposal aims to establish a Tokenomics Working Group (TokWG) within the RARI DAO for a period of three months. The ‘TokWG’ will operate for three months, with the primary goal of researching & proposing the first draft of tokenomics strategies to enhance the economic sustainability and growth of the RARI DAO ecosystem
# Motivation
Effective tokenomics is critical for the long-term success and sustainability of any crypto product. With the rapid growth of the crypto space as well as the DAO, it is imperative to revisit and refine our tokenomics model to ensure it aligns with the community’s goals and fosters sustainable growth. Establishing a dedicated TokWG will provide the necessary focus and expertise to develop innovative and effective tokenomics solutions.
# Rationale
Forming a TokWG will enable a concentrated effort on improving RARI’s tokenomics. By leveraging the collective expertise within our community and external advisors, we can create well-researched and tailored tokenomics strategies. This focused approach increases the likelihood of developing successful solutions that drive value for our ecosystem.
# Key Terms
Tokenomics: The economic model governing the creation, distribution, and value of tokens within an ecosystem
# Specification
### Goals
* Conduct comprehensive research on current tokenomics models & identify best practices.
* Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem.
* Provide detailed documentation on the recommended solutions
* Gather community feedback on the proposed solutions to refine & improve them
### Timeline
Month 1: Group formation and initial research
Month 2: Identification of potential tokenomics models, development & gathering solutions
Month 3: Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO.
### KPIs
\#number of researched solution
\#biweekly WG updates
### MoS
* Draft proposal with clear documentation & actionable recommendations
### Multi-sig policies
* Assuming a 5 member squad, the multi-sig will be structured as 3 out of 5
* 10% of the compensation will be sent at the start of the project
* 40% of the compensation will be sent upon delivery of the first draft of the tokenomics solutions
* All remaining compensation will be sent upon submission of recommendation
* Multi-sig address 0xC805b3Cd0686c9F6d406b1BF9ae64fA28FF7E88e
### Roles & responsibilities of each member
**Project Lead/Steward:** [@jengajojo](https://forum.rari.foundation/u/jengajojo)
Oversees the group, coordinates tasks, and ensures milestones are met.
**Research Analysts:** [@Jaf](https://forum.rari.foundation/u/jaf) + [@Sixty](https://forum.rari.foundation/u/sixty)
Conduct in-depth research on tokenomics models and trends.
**Foundation representative:** [@addie](https://forum.rari.foundation/u/addie)
Works with the RARI foundation to coordinate efforts and resources
**Scribe:** [@coffee-crusher](https://forum.rari.foundation/u/coffee-crusher)
Prepares detailed documentation of the recommended solutions.
# Budget
| **Role** | **Quantity** | **Compensation (RARI)** |
| ------------------------- | ------------ | ----------------------- |
| Steward | 1 | 3000 |
| Research Analyst | 2 | 6000 |
| Foundation representative | 1 | 0 |
| Scribe | 1 | 3000 |
| Buffer | | 1000 |
| **Total Ask** | | **13000** |
While StableLab is skeptical of the direct benefits that will be seen from this proposal, we support encouraging community involvement in the DAO. We think this will serve as a good experiment to see if the community can handle responsibilities like this or if the DAO needs to rethink the working group model.
# RRC-26 Tokenomics Working Group Proposal
# Abstract
This proposal aims to establish a Tokenomics Working Group (TokWG) within the RARI DAO for a period of three months. The ‘TokWG’ will operate for three months, with the primary goal of researching & proposing the first draft of tokenomics strategies to enhance the economic sustainability and growth of the RARI DAO ecosystem
# Motivation
Effective tokenomics is critical for the long-term success and sustainability of any crypto product. With the rapid growth of the crypto space as well as the DAO, it is imperative to revisit and refine our tokenomics model to ensure it aligns with the community’s goals and fosters sustainable growth. Establishing a dedicated TokWG will provide the necessary focus and expertise to develop innovative and effective tokenomics solutions.
# Rationale
Forming a TokWG will enable a concentrated effort on improving RARI’s tokenomics. By leveraging the collective expertise within our community and external advisors, we can create well-researched and tailored tokenomics strategies. This focused approach increases the likelihood of developing successful solutions that drive value for our ecosystem.
# Key Terms
Tokenomics: The economic model governing the creation, distribution, and value of tokens within an ecosystem
# Specification
### Goals
* Conduct comprehensive research on current tokenomics models & identify best practices.
* Create a draft proposal for a possible set of tokenomics solutions tailored to the RARI ecosystem.
* Provide detailed documentation on the recommended solutions
* Gather community feedback on the proposed solutions to refine & improve them
### Timeline
Month 1: Group formation and initial research
Month 2: Identification of potential tokenomics models, development & gathering solutions
Month 3: Finalisation of first draft of the recommendations, clear documentation & presentation to the DAO.
### KPIs
\#number of researched solution
\#biweekly WG updates
### MoS
* Draft proposal with clear documentation & actionable recommendations
### Multi-sig policies
* Assuming a 5 member squad, the multi-sig will be structured as 3 out of 5
* 10% of the compensation will be sent at the start of the project
* 40% of the compensation will be sent upon delivery of the first draft of the tokenomics solutions
* All remaining compensation will be sent upon submission of recommendation
* Multi-sig address 0xC805b3Cd0686c9F6d406b1BF9ae64fA28FF7E88e
### Roles & responsibilities of each member
**Project Lead/Steward:** [@jengajojo](https://forum.rari.foundation/u/jengajojo)
Oversees the group, coordinates tasks, and ensures milestones are met.
**Research Analysts:** [@Jaf](https://forum.rari.foundation/u/jaf) + [@Sixty](https://forum.rari.foundation/u/sixty)
Conduct in-depth research on tokenomics models and trends.
**Foundation representative:** [@addie](https://forum.rari.foundation/u/addie)
Works with the RARI foundation to coordinate efforts and resources
**Scribe:** [@coffee-crusher](https://forum.rari.foundation/u/coffee-crusher)
Prepares detailed documentation of the recommended solutions.
# Budget
| **Role** | **Quantitiy** | **Compensation (RARI)** |
| :------------------------ | :-----------: | ----------------------: |
| Steward | 1 | 3000 |
| Research Analyst | 2 | 6000 |
| Foundation representative | 1 | 0 |
| Scribe | 1 | 3000 |
| Buffer | | 1000 |
| **Total ask** | | **13000** |
# RRC-19 Rari Chain Sequencer Revenue Split
# Abstract
The proposal aims to create a plan for what to do with the RARI Chain sequencer revenue that is now being generated. The proposed revenue share is a 50/50 split between the Rari DAO and the Rari Foundation. The DAO’s share would go towards the DAO treasury (35%) and a new sub-treasury called the “Creator Fund” (15%). The foundation’s Share would go towards operational and maintenance costs (30%) and towards repaying the Arbitrum Grant (20%).
# Motivation
With the new Rari Chain now generating sequencer fees the Rari Community needs to decide where these funds should go. Implementing this revenue-sharing model ensures a fair distribution of resources between the RARI DAO and the Foundation, fostering sustainability and growth for both entities. By allocating funds to a creator fund, we support creator innovation within the community, while bolstering the main treasury ensures financial stability for future DAO endeavors. Allocating a portion of the Foundation’s share to pay off the Arbitrum grant will help fulfill the Foundation’s agreement agreement with Arbitrum and allocating funds towards maintenance and operations ensures the continued smooth functioning of the chain.
# Rationale
This proposal aligns with the RARI DAO community’s mission to foster a decentralized and sustainable ecosystem for digital art and collectibles. By sharing revenue between the DAO and the Foundation, we ensure that both entities have the necessary resources to support the growth and development of the RARI ecosystem. The allocation of funds to a creative fund reflects our commitment to nurturing creativity and innovation within the community while directing resources to the main treasury strengthens the financial foundation of the DAO.
# Key Terms (optional)
* RARI Foundation: A Cayman Islands legal entity that represents the DAO IRL. It allows the RARI DAO to have a formal representation, enter into contractual relationships, and utilize the other benefits and protections of a legal entity.
* Creator Fund: A new treasury that would be created and used to fund creators and their initiatives within the RARI community.
* Main Treasury: The primary repository of funds controlled by the RARI DAO for supporting various initiatives and projects.
* Sequencer Fee Revenue: Rewards collected in ETH generated from transactions on the RARI Chain
# Specifications
The RARI DAO and RARI Foundation would split the Sequencer Revenue 50/50 with the funds more specifically being broken down into the following categories.
## DAO’s Share - 50%
### 15% to a Creator Fund
RRC-19 proposes creating a new sub-treasury called the Creator Fund. This treasury would be funded using 15% of all sequencer revenue generated. This treasury will be reserved to fund creative projects and initiatives.
Having a new treasury explicitly for creative initiatives will encourage creatives in the NFT space to join the DAO and create proposals to fund interesting creative projects. This will help attract new members to the DAO and help foster innovative ideas in the Rari Ecosystem.
### 35% to the Treasury:
35% of the Sequencer Fees would go towards the RARI DAO Treasury. This will help sustain the DAO by funding DAO initiatives as well as ensuring the DAO has the funding to continue with operation costs for the foreseeable future.
## Foundation’s Share - 50%
### 30% for maintenance and operations costs:
This portion of sequencer revenue would be used by the RARI foundation to operate, maintain, and improve the RARI Chain. This helps to ensure the Chain remains operational and can continue to return sequencer fees for the RARI Ecosystem.
### 20% for paying off the Arbitrum Grant:
RARI received a grant from the Arbitrum Foundation to build the RARI Chain using Artribrum Orbit. This grant needs to be paid back by the RARI Foundation. Using 20% of sequencer fees to repay this grant will allow us to fulfill the agreement with Arbitrum without requiring the use of treasury funds.
# Steps to Implement
* Create a new Creator Fund Treasury Address and give the DAO the power to control these funds.
* The foundation will inform the third party that operates the sequencer to send the rewards to the appropriate addresses.
# Timeline
Once the proposal is passed, the revenue split can be enacted for the next monthly sequencer payment.
# Overall Cost
There is no cost associated with this proposal
# RRC-17: Distribute remainder of Incentives Reward Program budget
Authors: [@Jaf](https://forum.rari.foundation/u/jaf)
Reviewers: [@JanaBe](https://forum.rari.foundation/u/janabe) , [@addie](https://forum.rari.foundation/u/addie) , [@WinVerse](https://forum.rari.foundation/u/winverse) , [@Matt\_StableLab](https://forum.rari.foundation/u/matt_stablelab) , [@jarisjames](https://forum.rari.foundation/u/jarisjames)
## Abstract:
This draft proposal aims to distribute the remaining budget of the Incentives Rewards Program in a proportional manner among those who delegated during the program. This will encourage program participants to feel incentivized to participate in future programs.
## Motivation:
After concluding the program and observing promising results in the primary objective of boosting veRARI delegation and encouraging delegates to actively seek delegation, it is in the Rari DAO’s best interest to ensure participants remain motivated for future programs. Distributing the unallocated surplus of rewards proportionally aims to sustain this level of community engagement.
## Rationale:
Upon finalizing the program and receiving participants feedback, it became apparent that some members of the community had interpreted the rewards differently than intended. To address this, we propose distributing the remainder of the reward budget proportionally to those who delegated during the program.
After the program is concluded, the following results are obtained.
* 81,974.08 locked $RARI during the program
* 45,008.91 veRARI delegated during the program
* 5,661.05 $RARI Rewards distributed throughout the program
Initially, as outlined in [RRC-13](https://forum.rari.foundation/t/rrc-13-delegation-incentives-program/1774), 30,000 $RARI were designated as rewards for delegators, leaving a balance of 24,338.95 $RARI for distribution.
Allocating the remaining 24,338.95 $RARI in this proportional manner is beneficial to make delegators genuinely feel incentivized and aligned with their initial expectations when they delegated.
## Key Terms
Delegate - Someone who votes/participates in governance on behalf of themselves or their delegators.
Delegator - Someone who owns $RARI but does not actively participate in governance. Instead, they entrust their tokens to a delegate. This way, their tokens are still actively being used in governance.
$RARI - Rarible’s ecosystem native token, tradable on major exchanges. When locked, it is turned into veRARI tokens, which can be used in RARI Foundation’s governance.
veRARI: veRARI, or vote-escrowed $RARI, is a token you receive in exchange for locking $RARI (which is done automatically when you claim your reward). This token lets you participate in the governance of the Rarible Protocol and RARI Foundation by voting on proposals submitted to the DAO and grants you RARI Prime status.
## Specifications:
Rewards will be made available for all delegations carried out during the program (Nov 21st - Dec 15 2023) to claim following the pre-established program parameters: rewards automatically locked when claimed and following a 6 months lock + 3 months linear unlock.
## Steps to Implement:
The solution is ready to implement upon proposal passing.
# Creator Economy Working Group Proposal
**Authors**: [@Crown](https://forum.rari.foundation/u/crown), [@jarisjames](https://forum.rari.foundation/u/jarisjames), [@Wednesday](https://forum.rari.foundation/u/wednesday), [@Melasin.eth](https://forum.rari.foundation/u/melasin.eth)
**Abstract**
This proposal outlines a strategic collaboration between the Rari Foundation and OSPN - formerly known as DAOlationships, a community that creates content as a public good. We’re focusing on enhancing community engagement through a decentralized creator economy. The initiative involves launching a hybrid roundtable podcast and Twitter space titled “Beyond PFPs,” utilizing Huddle01 for video format and the Rari Foundation Twitter for live community interaction. This approach aims to explore the diverse applications of Rarible’s open source NFT protocol in an engaging, multimedia format, highlighting real-world NFT use cases.
**Motivation**
While NFTs are often seen primarily as digital collectibles or profile pictures, their potential reaches far into various sectors. Our podcast will introduce a range of innovative applications, such as tokenizing real estate deeds on the blockchain as one of many examples. We aim to engage with projects across different industries, suggesting creative ways to use Rarible’s open source NFT protocol. Topics could include digital identity verification, enhancing supply chain transparency, or creating unique digital experiences in art and entertainment. These discussions are designed to broaden the understanding of NFTs, showcasing their versatility and potential impact in numerous fields.
We aim to elevate community engagement and promote Rarible’s open source NFT protocol through innovative content delivery. The “Beyond PFPs” podcast will also serve as a business development tool to inspire guests to create real-world NFT use cases, advancing the space through the Rarible protocol.
**Rationale**
This collaboration aligns with the Rari Foundation’s values, introducing a novel approach to content creation in the Web3 space. It offers an opportunity to showcase real-world applications of NFTs, encouraging guests to develop NFT projects using the Rarible Protocol. This strategy aims to enhance community knowledge while fostering practical innovation in the NFT space.
**Key Terms**
OSPN - Open Source Peoples Network, formerly known as DAOlationships: A Decentralized Creator Economy focused on producing content as a public good.
“Beyond PFPs” Podcast: A multimedia exploration of NFT use cases beyond profile pictures, hosted on various platforms, such as YouTube, Twitter Spaces, Spotify, [Pods 2](https://pods.media/) (web3 alternative to Spotify).
**Specifications**
The podcast will utilize web3 and traditional media platforms, offering a rich, interactive experience. Key elements include:
* Podcast Content Strategy: Development of a comprehensive plan for episode themes, guest interviews, and a publication schedule, focusing on diverse perspectives related to the Rarible Protocol and real-world NFT applications.
* Hybrid Podcast/Twitter Space: Hosting the podcast in a video format on Huddle01, combined with live Twitter Spaces for real-time community engagement.
* YouTube, Spotify, and Pods Integration: Will create a YouTube account for video uploads, a dedicated Spotify account, and utilizing [Pods 2](https://pods.media/) for audio content, ensuring accessibility across various media channels.
* Sponsorship and Revenue Sharing: Actively seeking sponsors for the podcast, so we can become self sustainable, and continue to create content for the Rari Foundation after the duration of this campaign.
* Quality Assurance in Production: Adhering to high production standards for both audio and video content, with regular review sessions for continuous improvement.
* Promotion Strategy: Coordinated promotion across social media, crypto communities, and other relevant channels, leveraging organic sharing and the networks of both Rarible and DAOlationships.
**Steps to Implement**
* Set up necessary channels on platforms like YouTube, Spotify, and Pods.
* Co-create a podcast content plan aligned with the Rari Foundation’s values and focusing on real-world NFT applications.
* Execute podcast production in both video and audio formats.
* Co-promote and share podcast episodes across various channels.
**Timeline**
Start Date: Begin Research/Scheduling in December, and begin producing content in January.
Milestones:
* Create all necessary channels: YouTube, Spotifiy, Pods
* Create the branding for “Beyond PFPs”
* Create the Schedule for the 1st month of the Podcast (4 Episodes)
* Book guests for one episode per week, 4 episodes per month
* Create a Graphic promoting each episode. 1 per week
* Release at least 2 tweets per week from the Rari Foundation & DAOlationships twitter account
* Host 4 episodes per month, 1 per week
* Edit 4 episodes per month, 1 per week
* Upload 1 episode to YouTube, & Spotify per week, 4 per month
Completion Date: 3 Months.
**Overall Cost**
The total cost for this partnership is estimated at 6,000 RARI, covering content creation, social media management, research, video editing, graphic design, operations, and bounties for social listening to assist in landing notable guests.
To ensure accountability and alignment with project milestones, we propose utilizing the grant framework of Hedgey Finance, a free open-source tool for time-locked token distribution. This approach will allocate locked RARI tokens, which can be revoked by the DAO if necessary. Additionally, a condition will be coded into the grant agreement to unlock portions of the RARI tokens as specific milestones are achieved. This method ensures that the funds are used efficiently and in accordance with the progress of the project, providing a transparent and secure way to manage the grant.