Abstract
The goal of this AIP Idea is to socialize and garner community feedback for the work that WG0 has done so far regarding Working Group structure to operationalize DAO functions. It is a living document for the AIP that WG0 will be putting forth by the end of the WG0 mandate on March 31, 2023. We welcome all ApeCoin DAO members to comment and leave their feedback here, and in the AIP Draft linked below.
Link to full AIP Draft: Phase 1 WG0 AIP - Google Docs
The goal of the AIP is to propose a structure that will operationalize the ApeCoin DAO through autonomous Working Groups, further decentralize key functions of the DAO, and create an infrastructure that allows the DAO to adapt and evolve in the constant pursuit of our mission.
This AIP will include a budget that covers Steward compensation and provides the Working Groups the funds they need to tackle specific tasks each Working Group faces as they go through their initial setup.
Itâs important to note once again that this proposal represents progress over perfection and many of the outstanding questions regarding the structure are meant to be answered by the future Working Groups themselves, with the input of any and all community members who commit their time and energy to support the thoughtful evolution of ApeCoin DAO.
Mission Statement
ApeCoin DAO exists to distribute $APE â empowering our community to build and participate in the future of the Greater Metaverse, today.
Key Terms
- Working Groups: Working Groups are the core operational infrastructure required for the DAO to function.
- Working Group Charter: A document published to the Discourse category for each Working Group, which outlines a Working Groupâs mandate, scope, and reporting requirements.
- Working Group Initiative: A Working Group initiative is a task or project necessary to fulfill a Working Group charter and support the mission of the DAO.
- Workstream: Workstreams are responsible for executing Working Group initiatives.
- Steward: Stewards are community members elected to serve within Working Groups on behalf of the DAO. They have a fiduciary responsibility to the APE Foundation and are contractually obligated to facilitate the will of the DAO.
- Working Group Leads: A Working Group Lead will be selected by the Stewards of each Working Group to serve as the primary point of contact for inter-DAO operations. Including, but not limited to meetings with the ApeCoin Special Council, the DAO Secretary, and other Working Groups.
- Ape Assembly: The Ape Assembly is a governing body of the most highly active governance participants within the ApeCoin Ecosystem. The Ape Assembly is considered a Workstream within the scope of the Governance Working Group.
- DAO Secretary: The Secretary is responsible for managing and facilitating communications between Working Groups, the Special Council, and the DAO, taking meeting minutes with Working Group Stewards as well as assisting with potential coordination issues that may emerge within the DAO.
- Working Group Budget Proposal: A budget proposal submitted to the DAO by the Lead of each Working Group in order to fund the execution of their charter.
- Funding Window: The final 15 days of February and August each calendar year in which Working Group Leads propose Working Group Budget Proposals.
- OKR: Objectives and Key Results. A means of measuring milestones or success.
Working Group Development Tenets
Phased Development
- Operational Decentralization, Community Empowerment
- Autonomous Working Groups
- Paths for community participation
- Fair compensation for work done
- Automation, Redundancy
- Streamlining processes with automation where possible
- Creating redundancy to avoid single points of failure
- Further Decentralization
- The goal of the DAO is to eventually function as a completely decentralized entity
Build in Public
- Discussions 3x weekly until submission of AIP on March 31
- Schedule will be updated and shared Monday, March 13
- ApeCoin Twitter, Twitter Spaces, and WG0 Discord
Working Group Structure
- Four core Working Groups (WGs)
- Metaverse
- Meta-Governance
- Marketing & Communications
- Treasury & Grants
- WGs will be independent and autonomous in the determination and execution of their charters
- WGs will have Fiduciary responsibility to APE Foundation
- Each WGs optimal corporate structure will be determined by its Stewards with legal oversight provided by APE Foundation legal counsel
- All WGs will have three Stewards minimum in order to;
- Mitigate collusion issues
- Meet minimum of 3 signers for multi-sig wallets that hold WG budgets
- Time commitments and/or pay isnât the same for all stewards
Order of Operations
- Phase 1 - Ends March 31, 2023
- Interim solution AIP up for vote
- Interim solution for Discourse Moderation / AIP Administration in place until formation of Operations WG
- Interim solution for Discord Moderation / Community Management in place until formation of Marketing & Communications WG
- WG0 AIP up for vote
- Interim solution AIP up for vote
- Phase 2 - Commences immediately upon approval of AIP
- Election of three Meta-Governance WG Stewards by DAO
- Governance WG Stewards facilitate APE Assembly merit-based invites and confirmation of personhood
- APE Assembly elects remaining Working Group Stewards and DAO Secretary
- Phase 3 - Commences immediately upon election and onboarding of WG Stewards
- WG Stewards choose WG Lead for each WG
- WG Stewards determine each Working Group Charter that must align with the mission statement and guiding values of ApeCoin DAO
- WG Stewards determine initiatives necessary to fulfill each WG Charter
- WG Stewards work with APE Foundation to establish formation of entities necessary to fulfill mandate
- WG Stewards propose budgets necessary to create Workstreams that execute proposed initiatives
- DAO Votes on proposed WG budgets
- Phase 4 - Commences upon approval of WG budgets
- WGs are fully funded and operational
Core Working Groups
This Ape Improvement Proposal requests the DAO Administrators, the Special Council, and the community to begin the work necessary to form these four Working Groups:
- Metaverse Working Group
- Meta-Governance Working Group
- Marketing & Communications Working Group
- Treasury & Grants Working Group
Metaverse Working Group
The Metaverse Working Group is an experimental group of creators and creatives within the ApeCoin ecosystem. This is where our community brainstorms to advance our mission, and serves as both a landing pad for new builders and a launch pad for new initiatives. The Workstreams within this Working Group can either support the work being done in other Working Groups or become stand-alone projects.
As a DAO empowering our community to build and participate in the future of the Greater Metaverse, this Workstream is responsible for codifying this very definition of our perpetually connected lives. Initiatives from this Workstream can come from every corner of our global culture. This includes, but is not limited to:
- Business development and outreach to projects and creators;
- Otherside and gaming development;
- Uplifting creators and championing art, media, culture;
- Championing data ownership and identity.
Meta-Governance Working Group
This group is responsible for providing objective governance oversight and support of the management and operation of the ApeCoin DAO as it pertains to our governance processes. This includes, but is not limited to:
- Provide operational support and project management support for the Foundation;
- Acting as the team of moderators, administrators, and lead in Discourse;
- Acting as the team of reviewers to prepare reports and any other supporting documentation necessary;
- Transitioning Core Foundation Service Providers;
- Standardizing Reporting Requirements for Grant Recipients, Special Council, Working Group âLeads / stewards / contractorsâ
- Creating and maintaining policies and procedures as they relate to governance and coordination and any other necessary documentation as needed;
- Taking custody of a budget and approving budgets for other Governance Committees and Workstreams;
- Research and development as it relates to DAO governance tooling, methods, voting structures, coordination and cooperation, decentralization, and meta-governance.
The Governance Working Group will approve budgets for several Committees we expect may begin to form within the DAO. Some examples of these committees may include:
- Compensation Committee - Ratifying pay for contributors
- Education Committee - Hosting web3 webinars and classes
- Social Impact Committee - Spearheading charitable initiatives
The Ape Assembly:
The Ape Assembly is a governing body of the most highly active governance participants within the ApeCoin Ecosystem. The Ape Assembly is considered a Workstream within the scope of the Governance Working Group.
Anyone in the WG0 Discord on or before the time this document is published, will be granted the âAssemblyâ role, and will automatically form the initial Ape Assembly. It will then be the responsibility of the Assembly to determine future criteria for onboarding users to this governing body.
The Ape Assembly formed in order to facilitate elections within a smaller, more contextual governing body. The Ape Assembly sets the criteria for nominations and elections for Working Group Stewards. They also facilitate all DAO wide elections in partnership with the Cayman Administrators.
- The APE Assembly functions as a decentralized board of directors for the DAO
- The operations of the APE Assembly are facilitated by the Governance Working Group Stewards
- Merit-based Selection for members of the APE Assembly
- Membership will be based on participation in Discourse, Voting, and the WG0 Discord.
- Voting will be 1 vote per person
- APE Assembly can decide best way to mitigate voting issues in the future
- Arbitrary path to inclusion for anyone working in the DAO
- Will be a larger group (in the low hundreds of people initially, exact number TBD)
Marketing & Communications Working Group
This group is responsible for fostering a positive and inclusive community within the DAO, including organizing events and activities, managing communication channels, and facilitating collaboration and engagement among members. This includes, but is not limited to:
- Providing first line support, onboarding activities, and outreach in Discourse, Discord, and Twitter;
- Taking custody of a budget and approving budgets for other Marketing & Communications Workstreams;
- Marketing, including providing a presence at relevant IRL and virtual Events;
- Implementing brand guidelines around the usage of the ApeCoin IP & NFT;
- Onboarding and Education, including maintaining user guides and user docs;
- Managing and operating an ApeCoin DAO Discord server and Twitter accounts.
Treasury & Grants Working Group
This group is responsible for taking custody of a portion of the APE Foundation treasury assets and deploying them thoughtfully on-chain. This includes, but is not limited to:
- Active asset management in order to grow AUM/TVL;
- Taking custody of a budget and approving budgets for other Treasury and Grants Workstreams;
- Implementing a soft deployment of an on-chain ApeCoin DAO Treasury,
- Accepting on-chain revenue, to facilitate on-chain grants;
- Implementations of on and off-chain small / medium Grants Programs;
- Standardizing Reporting Requirements for grant recipients;
Note: Include WG0 and legal recommendations for each of the entities required for these Working Groups to legally operate with an APE and USDC budget. - Focus on Tax implications for Stewards, and risk tolerance as a multi-sig holder.
Timeline
Major Initiatives Cadence
- January
- Special Council B Group Onboarding
- February
- Working Group Budget Votes
- March
- April
- May
- Steward A Group Election Vote
- June
- Steward A Group Onboarding
- Special Council A Group Election Vote
- July
- Special Council A Group Onboarding
- August
- Working Group Budget Votes
- September
- October
- November
- Steward B Group Election Vote
- December
- Steward B Group Onboarding
- Special Council B Group Election Vote