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# 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.
# 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
While the proposal for treasury diversification is well-structured, I believe that we should focus exclusively on on-chain investment solutions. Investing in off-chain traditional finance (trad-fi) contradicts the core principles of our crypto community. We should prioritize on-chain entities that provide transparency, security, and align with the ethos of decentralization. Proposing On-Chain Solutions: Origin Dollar (OUSD) and Ondo Finance I strongly advocate for utilizing on-chain entities such as Origin Dollar (OUSD) and Ondo Finance for our stablecoin investments. Here are the key benefits of these on-chain solutions: 1. Origin Dollar (OUSD): - No Staking, No Lock-ups: OUSD does not require staking or locking up funds, ensuring liquidity and flexibility. - Auto-Compounding: OUSD automatically compounds yields directly into your wallet, optimizing our returns without additional management overhead. - AAA Security Rating from InsurAce: OUSD has received an AAA security rating from InsurAce, reflecting its robust security measures. - On-Chain Transparency: All transactions and holdings with OUSD are fully on-chain, providing transparency and immutability. - 100% Collateralized: OUSD is fully collateralized, ensuring that every dollar is backed by real assets, minimizing risk and enhancing stability. 2. Ondo Finance: - Competitive Yields: Ondo Finance offers yields ranging from 5-10% depending on the specific strategy, providing attractive returns. - On-Chain Transparency: All transactions are fully transparent and can be verified on-chain, ensuring accountability. - Risk Mitigation: Ondo Finance uses diversified strategies to mitigate risk while maximizing returns. Comparison with Off-Chain Solutions: 1. Transparency and Security: - On-chain solutions like OUSD and Ondo provide full transparency and security, with transactions and holdings visible on the blockchain. Off-chain solutions lack this level of transparency and come with additional risks. 2. Liquidity and Flexibility: - On-chain solutions offer greater liquidity and flexibility, with no lock-ups or early liquidation fees. Off-chain investments can be less flexible and involve higher transaction costs. 3. Alignment with Crypto Ethos: - On-chain solutions align with our commitment to decentralization and innovation within the crypto ecosystem. Off-chain investments contradict this ethos and introduce traditional financial risks. Conclusion: While the intention behind RRC-22 is to enhance our financial resilience, I believe we can achieve these goals more effectively through on-chain solutions like Origin Dollar and Ondo Finance. These options ensure we adhere to our core values while optimizing returns and maintaining security. Link to Origin Dollar: For more details on Origin Dollar, please visit [OUSD](https://www.ousd.com/). Let's continue to champion decentralized finance and make choices that reflect the true spirit of our community.
To enhance transparency, I propose that the Security Council should be required to publish a detailed report whenever they exercise their powers, explained in clear and accessible language. This measure will keep the community informed and reinforce trust in the governance process.