I wanted to get the ball rolling on community building because strong communities is what gives projects grounded governance and confidence in its longevity.
1. Draft FIP-2 Mission and vision
I’d like us to brainstorm as a community about the mission and vision of Frax. It is important for the success of the project that we are all on the same page about our goals, aspirations, and values as a community and a protocol.
Mission statement: A mission statement is a short statement of why an organization exists, what its overall goal is, identifying the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation.
Vision statement: A vision statement is an inspirational statement of an idealistic emotional future of a company or group. Vision describes the basic human emotion that a founder intends to be experienced by the people the organization interacts with, it grounds the group so it can actualize some existential impact on the world. Example: Apple’s mission is “to bringing the best user experience to its customers through its innovative hardware, software, and services.” And in a manifesto dated 2009, Tim Cook set the vision specified as “We believe that we are on the face of the earth to make great products and that’s not changing.”
I propose that the mission statement and vision statement submissions be put to a vote on snapshot and the winner of each be rewarded a grant of 100 FXS each and an NFT with final version of the mission statement and vision statement on the FRAX logo background.
2. Draft FIP-3 Reward for proposing a successful FIP
Taking the time to make a proposals is costly to individuals or groups - deep thinking, seeking and engaging with feedback and putting social credibility on the line when making a FIP is valuable. Making FIP’s that the community agrees with and passes are vital to the continued existence of the protocol and should be encouraged.
I propose that the authors of each passing FIP (to begin after this and any parallel proposals) be rewarded with a Grant of 100 FXS split between them - currently about $600 USD - noting that this amount can be varied if the price of FXS increases. I propose that Hameed be retroactively rewarded 100 FXS for proposing FIP-1.
3. Draft FIP-4 Governance ambassadors
While rewarding FIP authors is important - having permanent incentives for community representatives to focus on protocol improvements and governance is needed also.
I propose we run a trial for electing 5x governance ambassadors from snapshot (scattershot might be easier Inverse DAO just conducted a similar election using it) who’s role is to listen, think, advocate and propose protocol improvements - each governor will be designated a role on the snapshot, the forum, telegram and discord - they will also be provided an inaugural Governors NFT that is loaded with 150 FXS vested with a 1 year cliff.
Governors will have a public speaking channel on discord and other community members will not be able to view the discussion but will be able to post. They will also have a private channel.
Governors terms will be for 3 months with elections happening in the second last week of the previous term.
4. Draft FIP-5 Community Building committee
Building a strong culture that isn’t just price speculation is very important - we should be establishing a community that fosters a sense of belonging while focusing on building out our protocol and supporting the core team.
To that end I propose that we establish a community building committee with 1 team member and 4 community members with discretionary funding for community building activities - so not every decision has to be approved by the DAO. The discretionary funding should commence at 1000 FXS and the committee can make a proposal for any larger funding required.
Each member of the committee will be designated a role on the forum, telegram and discord - they will also be provided an inaugural Community Building Committee NFT that is loaded with 150 FXS vested with a 1 year cliff.
The committee will have a public speaking channel on discord and other community members will not be able to view the discussion but will be able to post. They will also have a private channel.
The Committee’s terms will be for 3 months with elections happening in the second last week of the previous term.
These are very much draft proposals and I would be very keen for any feedback.