Bankless DAO
Last updated
Last updated
This research is conducted on Bankless DAO. Our aim is to discover the popular DAO tools they use for their DAO operation, including governance, treasury management and more.
BanklessDAO's mission is to help the world go Bankless. They’re creating a user-friendly onramps for people to discover decentralized financial technologies through education, media, and culture. Some of they’re values are: helping people adopt decentralized finance, promoting collective decision making and decentralized governance.
Before user proposals can get to the final stage, it must pass through this stages:
1.
Bankless DAO governance begins in the Bankless DAO forum. The BANK token-holders must first publish their proposals on the forum to get feedback from the community members. This process is used to eliminate proposals that doesn’t meet the DAO values and standard.
2. Snapshot
BanklessDAO uses an off-chain voting platform known as Snapshot. Snapshot is used by the DAO for decisions related to the governance process, treasury allocation, and organizational structure. Any BANK token holder can vote in a Snapshot poll. The more BANK tokens they hold, the more voting power they have.
BanklessDAO uses the off-chain voting system; Snapshot is the tool used to vote on proposals.
Snapshot is a decentralized governance platform that enables DAOs to easily create and vote on proposals without spending on gas fees! DAOs can use various voting types so they can tailor the voting process to their needs.
Resources:
Boardroom is a governance platform that is designed to help DAO contributors make faster, smarter, and more informed decisions. The Boardroom API is an industry-leading source of governance data, such as delegation stats, vote history, proposal information as well as treasury.
Meanwhile, Boardroom is the source of governance data for BanklessDAO. Every information regarding proposals, number of users that voted, treasury updated can be found on Boardroom.
Resources:
Kleoverse is a DAO tooling app and credentialing platform that helps to maximize the efficiency of developers, community contributors and DAOs. Kleoverse helps in finding jobs, bounties, and organization-finding service just like LinkedIn. This is one of the platform to find job as a web3 developer.
Resources:
Onboarding on Bankless DAO is an easy step to follow, simply use the discord invite and verify that you’re human by answering the Captcha question, you’re in.
The only way you can participate in decision making or have a say in their governance process is by holding the native utility token (BANK). You can buy on various exchanges like Binance.