PUSH Weekly Governance Call Recap Thread

Governance Call - 12th January 2024

GM Push Fam! :bell:
Back again for our weekly recap, this week the governance call was mostly focused on developments with Push Grants Program v3 and and the co-creation of the Business Development SubDAO.

  • @SixtyKeys provided a high-level overview of the Push Grants Program v3, including that this will be the first iteration of a Push Grants program that is run by the community. For anyone interested in being part of the future Grants Council, there will be two positions up for grabs, a Grants Program Lead, and a Grants Program Evaluator. Any community member can participate in an open nomination process for the Grants Council. And there will be a single election on the Push Snapshot Space for both positions once the proposal passes. The election will be conducted using weighted choice voting, allowing voters to select multiple candidates, and split their voting power across them.

@MrJaf followed up by highlighting some important aspects of Push Grants Programs:

  • Starting off with how grantees come to Push through both IRL and virtual hackathons, and grantees are usually teams building their first project and teams that are more experienced.
  • Every Grant has to show a clear Return on Investment for Push protocol, which is important to note for any future Grants Council members. The goal is to onboard more users to use our app, so grantees need to show how they will achieve this.
  • Push Grants are milestone based and they are usually distributed in two phases, an installment upfront and after the completion of agreed-upon milestones. Milestones make it easier to track progress and allow Push to assess the work being done by grantees.
  • Grantees also have access to support from the Push team when needed, and they are welcome to present their projects to the community during the weekly Demo Thursdays call.

The next topic discussed was the Business Development SubDAO:

  • Just a reminder to everyone reading, the Business Development SubDAO is still in the co-creation phase, and input from all community members is taken into consideration.

  • The SubDAO aims to reward collaboration efforts championed by Push community members using a tier-based system, with higher tiers (more valuable to Push) receiving a higher reward (exact numbers are still in discussion).
    Screenshot 2024-01-12 at 22.08.48

  • Push Ambassadors will get a reward multiplier for their collaboration efforts, which we hope will incentivize them to be very active in the program. Grantees are also welcome to contribute to the proposed SubDAO as we expect their network will be invaluable in BD efforts.

  • @Kene_StableLab dropped some alpha on how to best approach a collaboration for all those who will participate in the program. The strategy involves understanding how a given DAO or protocol wishes to interact with its user base, and understanding how to engage different communities (Discord, Forums, etc.). Once you have a good understanding of how a protocol wishes to interact with its users, you can speak with the people who are directly involved with the engagement of users. And create a strategy that integrates with the strategy the protocol already has for interacting with their users. And just like that, you’ve initiated a collaboration for the BD SubDAO. :rocket:

As always, thank you to everyone who joins our weekly governance call. Every Wednesday @ 3PM UTC, on the Push Discord (Push Stage channel). Please join us for all the latest developments of Push DAO, and new opportunities for contribution. :bell: :purple_heart:

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