# Reflexer DAO Lead Proposal I currently have the pleasure of being considered for the DAO Lead position for our new DAO. As this will ultimately be a community role, we wanted to hear from the community in addition to the Reflexer team. To help you get a feel for what I would be like in the position, I have written a loose proposal for what I plan to do in the role, at least initially. Feel free to comment here, and express any opinions you might have, before we have a vote later this week. ## DAO Proposal ### DAO Set-up Currently, I'm slated to start in the role before the DAO is finalized. As such, my first job will be assisting in setting up the DAO and it's governance structure. The Reflexer team is looking to use the Tally dashboard with the Compound Govenor, as it's the industry standard with verified effectiveness. However, it's been found that the Tally dashboard only supports single token voting, where our community has previously decided to use both FLX and stFLX as voting tokens. I'll work to the best of my ability to get multi-token voting, either through a modified Tally Dashboard or another governance system with verified effectivness. It's important to note that this won't effect our current timetable for establishing the DAO. If I'm unable to find a solution in time, we'll lauch with single token voting and then I'll make it an ongoing goal to find a way to transition to multi-token voting. ### Integrations & Incentives Everyone's favorite part, and what will likely be the bulk of the work in the beginning. It is my opinion, which I've discussed with a few members of the current Reflexer team, that the best use of RAI will be as a stable unit of account for DAOs. As such, most of my focus here will be integrating with DAOs so we become their stable coin of choice, and creating incentives that enable that. I have some experience here, being the person that got MetaGame to use RAI as the stablecoin of choice for their pool. A few DAO's as an example: * MetaFactory * They could probably use a stable coin to support their treasury. It should be RAI. * RaidGuild * Currently use DAI for their payments. * SporkDAO * Responsible for putting on EthDenver, and now starting a VC (Bufficorn Ventures) they're going to need a sizeable treasury secure against volatility. * 1hive * Very active members on Gnosis Chain. Getting their support could help us make significant in-roads on that Chain. #### Multi-Chain One of the core promblems we have with DAO integrations is that many of them have moved off of Main Chain onto other chains where we have limited liquidity. I will propose primarily focusing incentives on L2s and Sidechains to increase liquidty there and win DAO support. * Gnosis Chain * Pitching themselves as the "DAO Chain" we obviously want to be heavily involved here. I've also heard that they are interested in RAI, and have already included RAI on their bridge. We just don't have a good liquidity pool yet. Curve is the obvious option, but having not heard from them I'll look into others as well. Incentivising a pool on 1hive's honeyswap could be a good choice as it would curry additional favor. I'll also talk with Balancer about moving to that chain. Balancer's option to do a three token pool is a great advantage for DAOs; having their token backed by both Eth and RAI. * Optomisim * As has been discussed in the Discord recently, Optomism is a great new oppertunity as we expect their community to be alined with our Ethos. They are also looking to grow, and we can submit proposals for them to incentivise RAI use cases on their chain. * Other Chains * I believe those two chains should be our main focus, but I'd like to see more liquidity on Polygon as Balancer and several key DAOs are hosted there. Pangolin on Avalanche was also a fairly early RAI supporter, so it would be worth looking into further efforts with them as well. I'd also like to see easier methods for moving RAI between chains. There's potential to create and document Keeper style bots that can arb RAI across chains, and I'd also work to make sure RAI is an easy to find and use option on major bridges. #### Spending and Commerce Although I don't think it will be the primary use of RAI, and will be more suited to Friendly Forks, I would like to see more use of RAI for payments. I'll look into integrating with the Coinbase Commerce system (which currently uses DAI and USDC) as well as additional fiat crossovers like Binance. ### Hiring We're currently looking to hire someone for a Buisness Development role, whose sole focus will be integrations; including and beyond the above. I'd also like to hire a Community Manager, and a Technical Specialst/Developer. The Community Manager will be important in helping to mantain an active and engaged commmunity, which will lead to an active and healthy DAO. The RAI community is one of my favorites in the space because it has amazing big-brain active members. Some of the best ideas for RAI have come from our community already, and I'll be needing their advice to guide me and our DAO. We'll also need a Techical Specailst to assist primarly in implementing friendly forks, but also any of the limited day-to-day technical needs. I'm also considering hiring a marketer. I want to wait on this position and see how well we're able to integrate and grow the platform first. It may also be more efficent to make one off payments to firms/contracts rather than hiring someone directly. ### Friendly Forks and the Money God League It is my position that the Money God League is the greatest strength of the RAI/Reflexer platform, and will be key to our long term growth and success. RAI is designed to be incredibly secure and immutable, and so has limitations that are best overcome by the flexible nature of the Money God League. One of my principal focuses would be to look for and cultivate any promising project in this regard. I even have a few ideas of my own that I'd love to see implemented. The RAI/GEB codebase is extremely complicated however, and is why I feel it's so important to have a full time technical expert that can assist with implementations. ### Miscellaneous There are a lot of other ideas that I have for the DAO, that I'd love to see depending on how we evolve both as a DAO and financially. To name a few however: * More Cool Swag * Nothing brings a community together like some dope drip. (I think that's how the kids say it these days) * Grants and Sponsorships * I'd love to see RAI in more high visiblity places, particuarly sponsoring things like conferences. It would be great to get more exposure, and can really win over some DAOs. Depending on how we grow, we may even be able to issue grants to grow the spaces we're heavily integrated in. * MetaVerse * With the growth and focus on MetaVerses recently, it may be interesting to have our own space. I'm not sure if it's a need/interest, but it's something I'd look into. Thank you for reading over this proposal, and I'm excited to hear your thoughs, comments, and ideas!