GWG Delegate Accelerator (Phase 1)

GWG Delegate Accelerator (Phase 1)

:rocket::rocket: Program Overview

The ApeCoin DAO Governance Working Group (GWG) is pleased to announce the Delegate Accelerator Program. This initiative aims to onboard and integrate diverse communities into the ApeCoin ecosystem by offering delegated APE voting rights to expand active and functional delegations, further decentralize voting power, provide education and training for efficient and effective delegation operations, and implement incentive models to reward communities for their growth and contributions.

The ApeCoin DAO faces the challenge of expanding delegations beyond the initial BAYC/MAYC communities, who received airdropped ApeCoin, and launch partners, such as Animoca. To address this, the GWG will proactively share the value proposition of becoming an ApeCoin Delegation and offer incentives to encourage new delegations, even for those communities that need to purchase ApeCoin to participate.

The Delegation Program is envisioned to become integral to the new ApeCoin Charter, where new innovations in Governance, such as On-Chain Voting using Tally on ApeChain, are being explored, following best practices from leading global DAOs.

:rocket::rocket: Becoming a Delegation

Why become an ApeCoin Delegation?

  • Increase your influence: Bring in more people to ask for votes from your community, and potentially gain new supporters or members who purchase your project’s NFT.
  • Gain visibility: Get your community noticed among Tier A holders and communities in the NFT and Web3 space.
  • Encourage participation: More members may delegate to your community, showing broad participation.
  • Enhance governance: Communities with more voters are likely to receive more matched funds, increasing the weight of their vote within the ApeCoin community.
  • Pass proposals: Actively participating communities are more likely to get proposals passed in the upcoming small grants UMA program.
  • Save time and enhance projects: If you hold APE and are a large holder in a community, delegation can save you time voting while still allowing you to override votes on issues you care deeply about.
  • Collaborate: Benefit from potential collaborations with accepted AIP projects.

Benefits for the ApeCoin DAO

  • Increased DAO participation through more active and functional delegations.
  • Improved public perception of ApeCoin as the Coin of Culture.
  • Broader exposure for approved AIP authors.
  • More discussions in communities and on social media about ApeCoin.
  • Increased delegation voter transparency.
  • More sources of talent as potential contractors to Working Groups.

:rocket::rocket: Program Structure

Objectives

  • Enable communities to actively participate in ApeCoin governance by enhancing their influence and voting power through the program’s matching fund.
  • Provide comprehensive education and support for operating a delegation.
  • Incentivize activity with access to Bespoke Cross-Community Grants.

Key Activities

  • Education & Training
  • Matching Funds
  • Incentive Program

Program Incentives

Participants have the opportunity to unlock incentives that will benefit their own delegations.

Phase 1: Pilot

  • APE delegated to your community: Up to 50,000 APE.
  • APE rewards to be given to your community: Up to 2,000 APE per month.
  • Dedicated Program Coordinator: Assistance to help you set up quickly.
  • Better access to AIP authors.
Level Number of Delegations Initial Matching Amount
Platinum 0 50,000 APE
Gold 2 35,000 APE
Silver 2 25,000 APE
Bronze 1 15,000 APE

Every 2 weeks, the APE allocation can be increased or decreased based on performance. If a community is allocated 50,000 APE, it will reach the platinum category. The GWG Delegate Accelerator management will decide allocations internally.

Future Phases

  • Phase 2: Systemic Development
  • Phase 3: Scaling Up
  • Phase 4: AI Delegation

:rocket::rocket: Program Operations

Eligibility Criteria

Core Criteria (not all required, but the more criteria met, the higher the selection ranking):

  • Alignment with ApeCoin’s guiding values.
  • Community activity as reflected by engagement metrics (e.g., Twitter following, Discord activity).
  • Historic trading volume on OpenSea (for NFT projects).
  • Ownership of ApeCoin in their treasury (not 100% necessary, but a bonus).
  • Community participation in Thankape.

Does the community have?

  • An anchor delegator in their community with sufficient APE delegated.
  • A volunteer from the community willing to set up and manage their Snapshot.
  • Buy-in from the project owner.
  • Buy-in from community representatives.

Expectations for Participating Delegations

Participating delegations must set up the following for their community & the ApeCoin DAO:

  • A Gnosis SAFE Multi-sig wallet with ENS for Voting.
  • A Gnosis SAFE Multi-sig wallet with ENS for hosting Snapshot.
  • Transparent voting on AIPs on a Snapshot Space that mirrors the ApeCoin DAO Snapshot Space.
  • A Discord channel dedicated to ApeCoin DAO activity.
  • A Community X Space that allows AIP Authors to discuss their proposals for the DAO.

:point_right: How To Apply :point_left:

Communities interested in participating can fill out the GWG Delegate Accelerator Application Form.
This document serves as both an informational resource and an open invitation for communities to join and benefit from these programs.

For questions or clarifications, direct them in the replies to this Forum post, or reach out to the GWG.

:point_right: The GWG Delegate Accelerator Notion Site :point_left:

Information and updates in relation to the Program and its participants can be found in the GWG Delegate Accelerator Notion Site: https://gwgdelegateaccelerator.notion.site/.

Further information can be found here including:

  • Meeting and Workshops overview
  • Educational Materials
  • Delegate Performance Metrics
  • Project Team details
  • Program Participant information

10 Likes

Well put together.

And with the baked-in education and incentive resources – this makes for the perfect pilot program to scale into something with a much broader impact at ApeCoin DAO.

AC

4 Likes

We greatly appreciate the initiative and program! :apecoin:

BOTB is excited about the opportunity to engage more deeply and play a larger role in Apecoin DAO as a delegate.

2 Likes

Thanks so much for the opportunity. As a member of BOTB delegation, and looking at ways to grow holdership and bring Trippie holders into the fold as a potential small delegation, I love this initiative. Let’s grow ApeCoin!

2 Likes

The Mutant Cartel Emissary is looking into this. Thanks for putting it together!

2 Likes

Thanks for putting this together! I would like to apply to create a delegation of academics, students and scholars so that group can also attract new uers to the DAO. However, looking at the online form it seems that I would already need to have a community webpage and community X account. Does this mean that only existing communities can apply for this delegate accelerator?

2 Likes

UPDATE ON THE GWG DELEGATE ACCELERATOR

AIP-408 OKR6 regarding the GWG Delegate Accelerator

OKR6: Launch GWG Delegate Accelerator and onboard a minimum five new communities

OBJECTIVE: Rotate a minimum of five new communities by providing access to APE as a (delegated) governance token

  • KR.1: Execute an outreach strategy and conduct needs assessments with at least six non-traditional communities.
  • KR.2: Identify at least three suitable communities by the end of June.
  • KR.3: Create and provide necessary support materials and other resources to educate new communities on ApeCoin and ApeCoin DAO
  • KR.4: Establish and monitor key metrics to measure the engagement of onboarded communities to present an impact report before the end of September. Pay particularly close attention to changes in APE holdings, including retention after their access cycle has closed.

Large Number of Applications

  1. The Delegate Accelerator Program received an impressive total of 21 applications, showcasing a diverse and vibrant range of communities eager to participate in ApeCoin DAO governance.
    These applications spanned various sectors and interest groups, demonstrating the broad appeal and potential impact of the program across different facets of the Web3 ecosystem. The applicant pool included NFT communities, public good initiatives, regional BAYC/MAYC communities, university blockchain clubs, dApp and platform-based communities, IRL event groups, and AI-based delegations.
    This diverse applicant pool demonstrates the broad appeal of the Delegate Accelerator Program and indicates its potential to enhance ApeCoin DAO governance. The variety of perspectives, expertise, and experiences represented by these applicants is expected to contribute significantly to the decision-making processes within the DAO.

Delegated Funds more than 10x the Impact!

  1. Delegated 169,000 APE across 14 Delegations, catalyzing significant governance participation.
    This initiative resulted in 993,000 APE voting for the first time from nine new delegations in the initial September cycle. The program’s impact grew rapidly, with the total voting power of all 14 Delegate Accelerator participants reaching 2 Million APE by September 20, demonstrating the program’s effectiveness in mobilizing previously inactive tokens and introducing new voices into ApeCoin DAO governance.

Massive Knowledge Growth in the Community

  1. Created and launched the comprehensive GWG Delegate Accelerator Hub, a centralized platform designed to support and empower new delegations. This innovative hub serves as a one-stop resource center, offering:

    • Detailed program specifications, including eligibility criteria, application processes, and timeline
    • In-depth educational resources covering ApeCoin DAO governance, delegation responsibilities, and best practices
    • Step-by-step guides for setting up delegation infrastructures
    • Regular updates on program progress and delegate achievements
    • A dedicated forum for delegates to connect, share experiences, and collaborate

    Access the full range of resources and information at our Delegate Accelerator database:
    Delegate Accelerator Notion Page

Live Training Sessions

  1. Hosted 2 hands-on educational workshops focused on essential delegation best practices, with more sessions to come.
    These interactive sessions covered crucial topics such as Multi-sig wallet setup, ensuring secure and collaborative management of delegated funds, and Snapshot Space set-up, enabling effective participation in decentralized governance. These workshops provided participants with practical knowledge and skills necessary for successful delegation within the ApeCoin ecosystem, empowering them to engage more effectively in the DAO’s decision-making processes.

Strengthening the Old, Growing the New

  1. Facilitated the establishment and expansion of delegations within the ApeCoin ecosystem.
    The program successfully enabled the launch of 8 new Delegations, introducing fresh perspectives and diverse representation to the governance process. Additionally, it supported the growth and development of 4 existing delegations, enhancing their capabilities and influence within the DAO. This dual approach of fostering new entrants while strengthening established players has significantly broadened the base of active participants in ApeCoin governance, leading to a more robust and inclusive decision-making environment.
Delegation GWG Delegated Voting Power as of 9/23 No of Delegators as of 9/23 X Account Delegate Profile
Apes+ 35000 525999 35 x.com https://delegate.apecoin.com/delegate/0x37aC110aB6B9d7E9628279793446D583C545AB16
BOTB (Bulls & Bears On The Block) 35000 263350 34 x.com https://delegate.apecoin.com/delegate/0xB445CE46a1FEee233Ac3c53D60c9E3057995a1BD
3look 25000 37627 6 x.com https://delegate.apecoin.com/delegate/0x8113Ab38C4369061fdBaFaC2F4cf575265c4bcEa
Boring Security 25000 872553 15 x.com https://delegate.apecoin.com/delegate/0x31Cb36A943A1017F0a977426b516b75533b52623
Mutant Cartel Emissary 15000 29346 6 x.com https://delegate.apecoin.com/delegate/0x12B8Cf573509e735A003c5AaCf73De26bbb8a064
Trippies 2000 2910 10 x.com https://delegate.apecoin.com/delegate/0x36b8105BeBCfb3687FAEA078aA43d0b9afD8F773
AAC 2000 74414 10 https://x.com/ https://delegate.apecoin.com/delegate/0x2a1C77A684426Fe6ceD7a3fCA5878fED76fDd1a3
Banana DAOquiri 2000 2000 1 x.com 0x29615...4cFD • Delegate Profile
Particle Ink 2000 2000 1 x.com https://delegate.apecoin.com/delegate/particle-ink.eth
The Wolves 2000 2001 1 x.com https://delegate.apecoin.com/delegate/0x78D0443f503a8DCD36f8bfB8239C799441Fb2EEF
Mutants Beer 2000 46524 5 x.com https://delegate.apecoin.com/delegate/0x98D79bB9736A35804eF7CD1D3b65d577B20F9bca
Finesse hub 2000 2000 1 x.com https://delegate.apecoin.com/delegate/0xFf9c6561f9350B11B6837cEd714f77A1207EbBD0
French Ape Yacht Club 2000 139332 69 x.com https://delegate.apecoin.com/delegate/0x06870BeB1Fd22C3a00c40DA9B659cEB2c1EA4cA4
DAOpunks 2000 x.com

Growth through understanding Needs

  1. We conducted a Needs Assessment through surveys and interviews to gain insights into the support requirements of delegations.
    This targeted evaluation process helped us gather valuable information about the challenges and resource needs faced by delegations in the ApeCoin DAO ecosystem. The following summary outlines the key findings from our Needs Assessment, highlighting the main areas where delegations are seeking assistance:
    • Growth & Engagement: Communities are looking for ways to increase delegation size and actively involve members in DAO voting and participation.
    • Funding Support: A key ask from delegations is financial backing, either through grants or other forms of support, to develop their projects or enhance their capabilities.
    • Technical Assistance: Many are facing operational hurdles and seek support in developing or adopting tools and platforms that enable decentralized participation more smoothly, especially in voting and coordination activities.

Working on Testing Solutions

  1. Conducted a comprehensive analysis of the delegation process across multiple platforms, identifying key issues and bottlenecks that could potentially hinder effective participation. Subsequently, we proactively reached out to relevant stakeholders and platform developers to address these concerns, fostering collaborative problem-solving and implementing targeted improvements. We are working on not only enhanced the overall user experience for delegates but also streamlined the delegation process, making it more accessible and efficient for both new and existing participants in the ApeCoin DAO governance ecosystem.

Performance Tracking

  1. Established and implemented a comprehensive set of key metrics to evaluate and measure the success of delegations within the ApeCoin DAO ecosystem. These carefully selected metrics encompass various aspects of delegation performance, including but not limited to: voting participation rates, consistency in governance engagement, alignment with stated objectives, and community outreach effectiveness. By defining these crucial indicators, we’ve created a robust framework for assessing delegation effectiveness, facilitating continuous improvement, and ensuring accountability within the Delegate Accelerator program.

  2. Tracking APE holdings growth of participating delegations throughout the program. As of the September 23 snapshot, compared to the beginning of August, the initial 591K APE voting power from participating delegations has now grown to 2M APE, with only 151K of that coming from the Delegate Accelerator itself.

Incoming Phase 2

While the Foundational Phase and Phase 1 focused on launching delegations and establishing best practices, Phase 2 targets existing delegations with larger, more established voting power. This phase will incentivize these larger delegations to actively engage with ApeCoin DAO, fostering conversations with AIP authors, promoting the DAO, and driving ecosystem growth.

Express interest in Phase 2 by filling out this short form.

Any questions please reach out to @shotgun.tobi and @bigbull

2 Likes

It’s been really exciting to see the success for new delegations and growth of those already established. Especially being part of one of the new delegations myself. Starting in the foundational phase, we have had great support from the team, around the clock help, and great information shared in the setup process.

We look forward to working to hit goal metrics and continue to expand holding and awareness of ApeCoin in our Trippies community. Actively participating on the community and supporting those other delegations that have launched in the foundational phase as well.

We our next goal is to be ready for Phase 2.

Cheers!

3 Likes