DAOstewards action plan for Collab.land DAO
Author: Baer.eth
DAOstewards guiding principles.
- United we stand: We believe decentralisation is paramount in governing web3. We aim to represent everyday users of web3 and have their unheard voices heard.
- Net positive engagement: We represent a community aiming to empower all parties involved and develop in a positive-sum manner.
- Quality participation: We believe the quality active contributors could help a DAO evolve. We aim to deliver the best quality of work with minimum bureaucracy.
- Bankless: We preach the idea of self-sovereignty and decentralisation.
This post underlined the short to medium-term engagement action plan for DAOstewards for the Collab.Land DAO:
A: Organisational optimisation of the DAO.
- A1: Fosture an agile work environment with the DAO through working groups and Pods.
- A2: Effective decentralisation of ecosystem development: enable a DAO- service provider relationship within the DAO to carry the Collabland message forward without a centralised narrative building.
B: Tokenomics: Collab token
- B1: Build and maintain DAO-owned liquidity for the Collab token and ensure the continued facilitation of Collab tokens in the Defi ecosystem.
- B2: Propose tokenomics changes to the DAO, which brings more tokenholder engagement and governance participation.
Plan of implementation:
To achieve the goals mentioned above, We will propose and maintain working groups within the DAO with a contributor pipeline within the DAO where contributors can join trustlessly - constrained to the DAO constitution - to different Pods and working groups.
B: Tokenomics: Collab token
The COLLAB token currently has a market cap exceeding 1 million, but it faces challenges due to limited liquidity, initially stemming from community airdrops and market conditions. Collab Land DAO’s lack of revenue-generating products and limited demand for COLLAB tokens in the broader ecosystem contribute to its low valuation.
To address this issue, DAOstewards intends to establish an open working group to revamp DAO tokenomics to enhance liquidity. However, this poses a challenge since the DAO treasury lacks assets besides COLLAB for pairing and forming liquidity pools. Advanced strategies, such as single-sided liquidity and Liquidity bootstrapping pools, may offer potential solutions to this problem.