Please refer to the full proposal text on the SafeDAO forum. Some parts may have been removed to fit within the character limit on Snapshot.
Title:
[SEP 32] [OBRA] Continuation of Governance Accessibility and Participation Enhancement at SafeDAO - StableLab
Authors:
@Nneoma_StableLab
Created:
2024-06-17
Abstract
StableLab proposes a comprehensive strategy to boost governance participation within SafeDAO, focusing on regular governance updates and interactive community engagement initiatives.
Aligned strategy: Which pre-approved strategy is this initiative driving forward?
[Strategy 5] Increase governance participation.
Funding request: What resources are being requested from SafeDAO in USDC?
24,000 USDC.
We aim to engage with SafeDAO on a “Seasonal Fee” basis. The fee specified above will cover the entirety of Season 3 (Sprint 1-4).
If applicable, upfront funding: Indicate if upfront funding is needed. Refer to 'Payout’ under Get funding from SafeDAO for lump sum payment options
Not applicable.
Relation to budget: State the requested funding as a percentage of the total initiative budget (e.g. if you ask for 50k for Strategy 1: 25%)
The funding request represents 16% of the total initiative budget.
Metrics and KPIs: Which metrics and KPIs will the initiative be measured against?
The proposed initiative will impact the following KPIs:
- Amount of individual voters: By making SafeDAO governance more accessible through frequent updates, summaries, and digests, we aim to increase the number of individual voters who feel empowered and informed enough to contribute to decision-making processes in the DAO.
- Growth in high-quality governance proposals: Increased community input and awareness will result in more high-quality governance proposals.
- Reduction in abstention rates: Demonstrating enhanced community commitment and understanding through decreased abstention rates in SafeDAO votes.
Initiative Description: What is the initiative about?
Our grant proposal focuses on continuing our goal to optimize SafeDAO's governance process. By addressing challenges such as fragmented information, low stakeholder engagement, and opaque processes, we aim to boost community trust and encourage broader participation. Our approach involves enhancing community updates, increasing their frequency and detail, and fostering discussions within SafeDAO forums. With the token transferability event now complete, we expect new governance participants, making it essential to keep the community well-informed for effective decision-making. As delegates with sufficient voting power, we are also committed to supporting SafeDAO workstreams with various ad-hoc tasks and ensuring that the community remains informed and engaged throughout the process.
Current status: Does the offering (product/service) already exist or is the funding used to create it?
StableLab currently contributes to SafeDAO governance with regular community updates and engagement activities over Seasons 1 & 2 and has received great feedback from the community. You can find the Community Updates in our dedicated SafeDAO forum thread, along with the relevant supporting engagement in Safe Discord channels and StableLab’s Twitter and Newsletter. Moreover, you can find other community engagement activities conducted by StableLab, such as the “Delegate Roles and Responsibilities” Twitter Space.
Governance Metrics from SGP Wave 1 engagement
- Objective: Increase active participation of SAFE available for voting through updates, education, and community activations.
- Metric Tracked: Share of SAFE available for voting that is actively participating, showcased on Dune and Curia dashboards.
- Results:
- Post-SEP 6 (SGP Wave 1) implementation, observed a 10% increase in the share of SAFE voting on SEPs, reaching up to 15% SAFE available for voting in active participation.
- Increase in voting power per SEP, despite a decrease in unique voting addresses.
- Indication of successful delegation awareness, suggesting more active participation through delegation.
- Positive feedback from the community, especially from new entrants to the DAO, suggesting that frequent updates and digests on governance activity help to ease the onboarding process of new participants.
- Successful completion of all milestones set forth in our first OBRA engagement, as verified by CES and SEF.
Conclusion: Efforts have led to enhanced engagement and informed participation in SafeDAO governance, with a notable increase in voting activity, and positive feedback from the community
Risks: What risks does the initiative entail?
Primary risks involve the potential for engagement fatigue or information overload in the community, which we plan to mitigate through targeted and concise communication.
Timeline and milestones: Provide a detailed timeline or roadmap, including key milestones
| Sprint/Deliverable |
Hours Allocated |
Cost (USDC) |
Description |
| S3 Sprint 1 |
40 |
$5,000 |
Weekly and Monthly Digests: Updates and summaries for June, with an emphasis on facilitating community input and feedback on proposals. |
| S3 Sprint 2 |
60 |
$7,000 |
Weekly and Monthly Digests: Updates and summaries for July, with an emphasis on facilitating community input and feedback on proposals. Live discussion 1. |
| S3 Sprint 3 |
40 |
$5,000 |
Weekly and Monthly Digests: Updates and summaries for August, with an emphasis on facilitating community input and feedback on proposals. |
| S3 Sprint 4 |
60 |
$7,000 |
Weekly and Monthly Digests: Final Season and Sprint updates for September, including summaries and detailed governance insights. Live discussion 2. |
| Total |
200 |
$24,000 |
Comprehensive engagement and governance support across all sprints, including Snapshot proposal upload, proposal review calls, strategy meetings with Governance Workstream, and more. |
Expected deliverables by end of Season 3
- Weekly Updates and Summaries: ~24
- Monthly digests: 4
- Twitter Spaces/Live discussion: 2
Initiative lead: Who is the accountable initiative lead? (individual or organization)
Nneoma Kanu (StableLab) - An experienced SafeDAO Delegate with a background in decentralized governance, technical documentation, project management, and community stewardship.
Team: How many individuals in total will be working on this initiative and what role do they have? Please provide a brief background of the team members, highlighting their relevant experience and expertise
The initiative will be led by Nneoma Kanu, supported by a dedicated team proficient in DAO governance operations and community engagement.
Additional support/resources: Are there any resources (non-financial) requested from the Safe Ecosystem Foundation or the core contributors?
Regular syncs with the SafeDAO Governance Workstream for strategic alignment, scheduling of live discussions, and prioritizing community needs.
