Week 5 has come and gone in the blink of an eye. It’s update time! If you haven’t already, be sure to read the first 4 installments of this 6-week series:

1: ELI5💡DAO: the Latest DAOpunks Grant Recipient

2: Week 2: BUIDL in Progress

3: Week 3: A Deep Dive into Moloch DAO Membership & a Surprise?!?

4. Week 4: A Call for Action(s)

DAO Actions Exploration Part Duex

This week ELI5ers examined DAO resources and actions beyond basic proposals on the DAOhaus platform, including non-ragequitable safe creation, safe-specific proposals, and vote delegation.

Safes

DAOhaus makes connecting multiple Safes (aka Gnosis Safes) to your DAO simple. Upon summoning a DAO, a Gnosis Safe is automatically created for you if a pre-existing Safe is not connect , which is pretty cool. This Safe is ragequitable, meaning if someone burns their shares, they get funds from that Safe proportionate to what they burned. Additional Safes can be created or added and assigned with the ragequitable designation or not, depending on its purpose. An example given to us by the DAOhaus team is having a second non-ragequitable safe for salary funds. You wouldn’t want someone to extract funds from that Safe via ragequitting before making payments.

Creating a Safe from the DAOhaus platform takes seconds, and you can hop directly to the Safe application from your DAOhaus dashboard. We love to see such an easy, functional UI experience.

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Vote Delegation

As DAOs scale, the need for vote delegation quickly becomes a reality, and having that option built into your governance platform is extremely convenient. Kudos to the DAOhaus team for integrating this feature. Throughout testing, ELI5ers saw how easy it is to delegate their power with a simple click of the menu on the Members tab.

What’s better is viewing and understanding who has delegated their power and how the voting power is spread amongst members is straightforward.

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Next week we will begin experimenting with Shamans. What the heck is a Shaman? You’ll have to tune in to find out!

To pivot or not to pivot, that is the question.

Outside of DAOhaus testing, this week has been filled with many questions about workflow for ELI5 DAO. Optimizing workflow is critical for the overall efficiency of any DAO, and we have come to a few inflection points regarding how we operate. Because of our growth and some UI issues within our current tool stack, discussions have started around pivoting to new tools.

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Don’t worry; the irony of this discussion isn’t lost on me! We are a DAO that tests and evaluates tooling, and here we are, trying to figure out what will work best for our DAO’s day-to-day operations. 😅 If nothing else, this again validates the problem we are trying to solve. Specifically, we are looking at trialing the Discord bounty board integration from the Bankless DAO team for our next epoch, updating our contributor levels and our onboarding procedures. Luckily, most of our members are open to trying new things due to the nature of what we do. This makes it easier to leave our comfort zone and forge ahead into unknown territory.

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Photo by Jens Lelie on Unsplash

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Which path will we take? Time will tell, but I know one thing for sure, I wouldn’t want to take this journey with anyone other than my ELI5 family.

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The content is for informational purposes only. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer of a security, token, or application. This is not investment or legal advice. Please do your own research.

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