☎️ MetaGov Working Group – Weekly Meeting: 9am ET, Tuesday

Agenda and Minutes for Meta-Gov Meeting, March 26th, 2024

Details

Time: Tuesdays at 9am ET (1pm UTC).
Google Meet Link: meet.google.com/ihz-hdvb-bbq

Stewards: @5pence.eth (ENS | Twitter), @avsa.eth (ENS | Twitter), @estmcmxci.eth (ENS | Twitter),

New proposals are broadcast to Telegram

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
  2. General DAO Updates
  3. Safe Permissions Executable
  4. Public Goods Funding
  5. Demo from Aseem on a Paymaster System for Subsidized Voting
  6. Open Discussion

18 Participants in Meeting (See list of participants at end of notes)


1. Weekly Endowment Updates (@karpatkey + @Steakhouse)

  • Preparing a post to share on the forum: analysis of endownment and how it funds the DAO in different scenarios.
    • Will help shape future plans. Want to set monthly transfer from controller to endownment to cover runway.

2. General DAO Updates

Two executables upcoming

  1. Public Goods funding executable vote
  2. Safe Permissions Executable

Working with Tally to make executables gas free. DAO pays fee to Tally, Tally covers gas fees for voters. Hoping to have working by the next vote. Will invite Tally to next call


3. Safe Permissions Executable

  • Permissions change for endownment fees
  • Executable vote upcoming

4. Public Goods Funding

  • Vote passed: Snapshot
  • Executable vote upcoming

5. Demo from Aseem Sood on a Paymaster System for Subsidized Voting

  • Building a fully onchain paymaster. Way for wallets to have others pay for gas
  • Problem: Gas costs friction to onchain voting for DAOs, want a way for DAO to subsidize these costs
  • Solution uses account abstraction with smart wallets
  • No centralized services to maintain, only action is periodically “refilling” the Paymaster
  • Only pays for specific function calls
  • Can limit gas costs: Only pay for gas when gas below a certain threshold
  • Github Repo: GitHub - meliopolis/governance-paymaster

6. Open Discussion

Clarification on MetaGov Funding

  • Vote didn’t reach quorum, different from majority vote
  • Want to propose budget that is more likely to be approved, still have budget for the future, not immediate risk
  • Will conduct another social vote on the issue
  • Break into parts so can get certain parts passed and discuss more contentious issues

Notes by @don.nie


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