October 13, 2021

DAO Call. incomplete

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​​If you are unable to join, an audio recording and a discussion thread will be placed in Discord under DAO Calls.

Please participate in the discussions – on the call or in the thread.

‌ Weekly DAO Call, October 13, 2021

Discussion thread and audio link for the DAO calls is: https://discord.com/channels/519860537891487745/876965243455164446/892802998600888371 (you will need to join the specific thread)

Team in Attendance: Rochelle

Members in Attendance: @ce, Alan, Bree, splottingham, (4 listeners)

Roles:

Public Name

Discord Handle

Call Moderator

Bree

@Bree#5042

Recorder

Bree

Audio Recording

Rochelle Effect.AI

@RoRoRocket#3090

Proposal Tracker

splottingham

@femyeda#3546

ANNOUNCEMENTS:

Rochelle is putting out an appeal for Discord users to contribute to boosting the server through Nitro.

Rochelle has made badges for Discord members based on their primary role. These are pretty cool.

Noman has made updates to the DAO Dashboard. Check them out!

Thanks to Jesse for providing some support in TG.

PROPOSALS:

Pancake Swap LP Reward Farm (funding - 2/4) https://dao.effect.network/proposals/77 Status: Active Vote: Yes

3.1M/74K Y/N

DAO Call Recorder for September 2021 https://dao.effect.network/proposals/76 Status: Active Vote: Yes

Weekly DAO Call Recordings https://dao.effect.network/proposals/73 Status: Closed, executed

Task creation funded by unused DAO funds https://dao.effect.network/proposals/74 Status: Closed, Accepted

Continuation of the EFX Pancake Swap LP Reward Farm https://dao.effect.network/proposals/75 Status: Closed, Executed

QUESTIONS/DISCUSSIONS FOR/WITH TEAM:

LIQUIDITY INCENTIVIZATION/VOLUME:

  • Is there an exact date on when the new MC will be active?

  • Is there a marketing plan in place to push the farm to improve the use of the farm?

    • Is there a marketing campaign that the DAO could initiate?

      • Should we try to create a marketing sub-committee?

HACK-A-THON:

  • Any updates?

HIGH GUARD:

OPEN DISCUSSION:

  • P74. Task creation: Intent of author: Lets find some ways to use DAO funds to get tasks up so that visitors to the platform can see a project with a real use case. First time I visited the platform back in 2019 there were tons of tasks. I went on to do tasks, bought more EFX, staked, earned NFX, joined DAO, added liquidity and farmed etc... None of that would of happened if I had found nothing on that first visit.

    • The SDK will be available soon. These tasks should be DAO initiatives. Let’s brainstorm.

Other?

OLD DISCUSSIONS (tabled)

  • Bree will have the mascot proposal ready for the next cycle.

    • Any suggestions for a prize amount would be helpful.

    • The little robot concept is done, a humanoid android type figure is being worked on. These will be provided as samples and set as a challenge to others to improve or come up with better concepts.

    • Concept art will be the end goal – so quality of finished product will not be the focus.

  • GitBook

!! Bree remains appreciative for someone to be willing to help out with creating some of these point-form guides.

    • The community centre page has been updated into tables. https://effect-dao-docs.gitbook.io/effectdaocc/

      • There are step-by-step guides needed.

        • How to become a DAO Guardian/Member

        • How to join the DAO Discord

        • How to participate in DAO discussions

        • How to access the DAO call recordings

        • How to understand EP, Stake Age, NFX

        • Why Stake in the DAO vs. Why Stake in the Farm or contribute liquidity to PCS or Orion Protocol

        • Other?

    • Rod E suggests making little videos to visually support these guides.

      • He may be open to helping out in creating the videos if the text is pre-written.

  • Is it better to build one or two liquidity pairs on one platform PCS, or to diversify platforms?

      • Some more thought on this may be warranted.

      • We want to attract as many people to EFX as possible, without sacrificing too much spread and not getting anywhere.

  • Discuss further with team about incorporating worker pay in perpetuity of trained algorithms.

Potential Proposals:

  • Renew the MasterChef

  • Create a proposal to have a competition for a memeable mascot

  • Confidence vote in current HG membership, with conditions set to allow for removals and additions

  • Giving the HG general Treasurer responsibilities

  • Funds for the MasterChef contract over the next few cycles.

  • How to become a guardian guide

  • Using Effect Captions to update community made guide videos. Especially videos with lasting relevance. Could be used to promote Effect Captions.

    • Would need to include the quoted price points in the proposal

    • What languages would be prudent to put into the closed captions

      • English only would be about $20

  • Timeline

  • Proposals to the Foundation:

    • DAO created NFTs

    • Hack-a-thon expenses

Tasks:

  1. Stage Channel

  2. Add a link to the team written DAO Chapters

  3. Research non-profit models

    1. Create a responsibility map

    2. Create a workgroup to plan this out.

  4. Clean up the Community Center Gitbook page

  5. Listen to July 14th audio regarding future Foundation management

  6. Create a visibility list

  7. Create a mascot; create income NFTs for the DAO

  8. Vigor inquiry

  9. Time zone proposal

  10. Dashboard updates:

    1. Reward calculator (P30)

    2. Timeline

    3. Token Flow Map (team should be working on this as per AMA discussions) Noman is looking into

    4. Filter system (DJ is considering working on this) Noman is looking into

    5. Roadmap for DAO goals and benchmarks (by Foundation).

  11. Ambassador TEAM google Drive

    1. Discuss decentralized options or to create an interface to access IFPS storage

  12. GitBook:

    1. Guide on how to become a guardian

Recorder: Rochelle

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