Click to expand Q&A with @ernestlee
1. Please include a Benefit to ApeCoin Ecosystem section, as specified by the AIP Draft template: Explain how your proposal will benefit the ApeCoin ecosystem. If your AIP is requesting funding, explain in detail the benefit in relation to the amount of funding that you are requesting. This section would be visible to voters on Snapshot.
Transparency in the financial activities of the ApeCoin DAO is vital to informing the DAO members of the information necessary to make informed voting decisions. AIP-553 strengthens DAO governance by establishing clear mechanisms, enhancing decision-making processes, and fostering greater community trust. AIP-553 also promotes transparency and accountability, which are vital for sustaining long-term engagement. And lastly, AIP-553 encourages broader participation in DAO operations, making the ApeCoin ecosystem a model for decentralized governance.
2. Please revise your Team Members section, as specified by the AIP Draft Template and provide description for Lanzer. Include a brief “CV”, and previous experiences in Web2 &/or Web3.
Lanzer: Experienced professional with a background in Web2 and Web3 governance. Host of the SANDDAO Podcast and YouTube channel. With many years of experience, Lanzer brings valuable insight into decentralized operations and ecosystem management.
3. As required by the AIP Draft Template, please add the Reporting Expectations section. For this section, we recommend providing some guidance for the community to consider for reviewing the impact of this proposal in the future. I.E. “The expectation is that this proposal would be implemented by the DAO’s administrative team. The community should regularly review the impact of this proposal. If accepted, the administration and the community should review the impact of the updates after the 3-month period for conflict ends.”
After implementation, the community and administrative team should review the proposal’s impact after 3 months to evaluate its effectiveness. Metrics to consider include the number of proposals reviewed, community participation in governance, and feedback from DAO members.
4. At which point would this proposal be considered “fully implemented?”
The proposal will be fully implemented when:
a. DAO Advocates are elected and operational,
b. Governance processes outlined in AIP-553 are functioning, and
c. The initial 3-month review of the system’s performance has been completed.
5. Would there be any required qualifications for individuals applying for the role of DAO Advocate?
Applicants must meet the following qualifications:
a. Be an active member of the ApeCoinDAO Forum for at least 6 months.
b. Achieve at least Trust Level 2 on the DAO Forum.
c. Demonstrate verifiable historical experience and qualifications relevant to the role.
d. Publicly disclose their full name, first and last, to maintain transparency.
6. For the sake of clarity for the voters, we ask that you include a beginning and end date for the term of office for DAO Advocates. Do you consent for us to update your proposal to include a statement noting that Advocate terms of office would begin on January 1 and end on December 31 of their respective terms? This would mean elections would occur in December, rather than in January as stated in your AIP. If you have alternative dates in mind, please state them here.
Term Lengths as Defined in AIP-553. The first election will result in two members serving 2-year terms and one member serving a 1-year term, ensuring staggered elections for continuity. Subsequent elections will elect all members to 2-year terms. Elections will occur in December of each year with terms beginning on January 1 and ending on December 31 of their respective term lengths.
7. Please outline the expected election process in the event that fewer than three candidates apply to run for the DAO Advocate position.
If fewer than three candidates apply, the election proceeds, and any unfilled positions will be re-opened for applications within 60 days to ensure adequate representation and continuity.
8. “The DAO Advocates shall participate in at least one weekly town hall meeting with the community.” Please provide more detail regarding the format, platform, etc. of these proposed meetings.
Town hall meetings will be held weekly on platforms such as Discord or Twitter Spaces, with recordings or summaries shared in the ApeCoinDAO Forum. Meetings will include updates, moderated discussions, and Question and Answer session to ensure transparency.
9. “The DAO Advocates shall have oversight authority for the Administrative Budget of the Foundation and the Banana Bill. Such oversight authority is intended to be used only to gather the information necessary to report to the DAO Community.”
As the BANANA Bill program is a grant recipient of the DAO, the Foundation is not in the position to grant access or permissions to this budget. Please update your proposal accordingly.
DAO Advocates will assume the current remaining roles of the Special Counsel in regard to AIP-454; the Banana Bill.
10. Do you provide consent to apply updates to the relevant areas of your proposal based on your responses to the questions above?
Yes, we consent to the application of updates as outlined in our responses to ensure alignment with governance principles and clarity for the community.
11. Do you provide consent to share these questions and answers with the community in this forum?
No problem. Please feel free to post.
A DAR package is being worked on and upon completion this AIP will move into Administrative Review. Follow this Topic as further updates will be posted here in the comments.