We are building a governance delegation dashboard project inspired by SingularityDAO, our early-stage pilot partner, integrating some of the earliest governance tooling solutions on Cardano. This takes synchronization and standardization across multiple teams, and while doing that, we are going to finalize the vision with additional research, as well as begin preparing the technical foundation for the product.
Gov3 offers improved delegation tools, which will among the strongest drivers for high-quality DAO involvement and thus lead to a healthy overall growth of DAO operations. Gov3 is developing a Delegation dashboard that provides transparency and control mechanisms for governance delegation.
At its core, the Gov3 dashboard provides DAO’s stakeholders with an overview of delegates and their activities. Proposal submission and voting history are just the beginning. Furthermore, it is necessary to map additional context and background information, e.g. verifiable credentials and conflicts of interests. Future developments include functionalities such as the automatic resolution of delegation on defined events as well as the seamless integration with task and compensation management tools.
Immature delegation processes are one of the biggest obstacles to building and safely scaling DAOs. Gov3 creates a crucial tool for DAOs to gain insight into their delegation practices. Building on this, further automation tools are made possible. Thus, Gov3 is an enabler for innovative tool development within the Cardano ecosystem (esp. governance automation such as dispute resolution). This can be driven within Gov3, and also on top or in collaboration.
In line with the reasoning of Management Dashboards, "only visibility brings the right action" — Gov3 can be seen as potentially an essential nucleus for workforce governance tooling within the Cardano ecosystem.
The Gov3 dashboard platform will be used when your DAO needs to make decisions. Your DAO is able to vote entirely on-chain, which means the votes are done and recorded on the blockchain, and then automatically executed transaction or smart contract.
The off-chain voting is able to be cast on the Gov3 platform, since some decisions might not be related to on-chain behavior, such as a leader election, logo decision, or voting for whether to collaborate with another project or not.
A mix of both on-chain and off-chain is important for the DAO platform, different voting has suitable methods.
A DAO proposal can be an idea or a candidate for a specific position proposed by a community or DAO member that wants the DAO to consider. It’s a document describing an idea or specific position, how it will be implemented, and the funding to be executed for this proposal.
With the Gov3 platform, the DAO can decide who can post proposals. Some DAOs allow anyone in the wider community to post a proposal, but some DAOs restrict proposal posting to solely DAO members. In the Gov3 platform, the DAO can decide on different proposal methods.
The hardest part of traditional DAO is the organized proposal, historical proposals are hard to track and organized. The proposal in the gov3 platform will standardize your structure of the proposal, setting the right category, title, and content in order to organize these proposals and be indicators when the DAO members try to search historical records. This provides an easy-to-find proposal structure for DAOs, the DAOs can have organized records by encouraging all the core members to follow the same format.
Before making the decision, ideas about the proposal need to be shared and discussed before going up to vote. To conduct discussions and debates, most DAOs use social media like Twitter and Discord, which might cause fragmentation of information.
If the discussions and votes are held across multiple platforms, it could cause some information to be lost as the voting is going. Transparency and anonymity is an important issue as well. In social media, a member is able to create multiple accounts in order to incite other voters, users might be affected by others.
With the Gov3 platform, DAO members are able to share their thought only if they hold the member proof (NFTs), and without exposing their identity, focus on the proposal discussion.