--- ###### tags: `Star Cabin` --- # Caretakers Circle for Regenerative Grants Research: Proposal v1 October 27, 2022 ### Fellowship - Steward: Chalice Stroebe & Travis Wyche - Members: Jon Hillis + 2 other caretakers TBD ### Objective: - Grow the coliving initiative. - Encourage more intentional contributors to join the Cabin community. ### Results: - Evidence to support a novel approach to a sustainable Cabin grants pipeline, delivered as a report. - Documentation to strategize on an intentional knowledge sharing culture for the community of caretakers, disseminated through regular community updates and forum posts. - A regenerative economic/social/cultural primitive that can be migrated to future nodes of the Cabin neighborhood network to ensure their success, demonstrated through %APR to the Cabin DAO treasury. ### Budget - **Requesting $200k USDC** to run the DeFi experiment. - 100% of the USDC principle will be returned to the DAO. - **Total = $24k $CABIN + yields from the experiment** - Compensation = $100/hr @ 3hrs/week per caretaker x 5 caretakers = $4800 (as $CABIN) per caretaker. ### Timeline - Suggested 16 weeks (4 month pilot) minimum to provide meaningful results. - Could be expanded to 6 months+, *or even infinitely if the DAO desires.* - No milestones, just one ongoing experiment/conversation with continuous weekly updates. - Caretakers will meet weekly for 1hr to ideate research, share knowledge, and converge on strategy. - Each member will conduct 2hr independent async research on various topics. - At the end of the pilot, a comprehensive research report and proposed grant strategy design will be delivered to the DAO. --- ## Supplemental Information ### Goal - Articulate a viable web3 stack and DeFi strategy that can be migrated to other neighborhoods. - Craft a manner of socializing and knowledge sharing to set a precedent for culture building across caretakers that can be distributed throughout the network. - Instill caretakers with agency and autonomy through information and resources to conduct their neighborhoods with their own unique idiosyncratic methods. > Give a woman a fish, feed her for day; teach a woman to fish, feed a village for a lifetime. ### Preliminary Stack - Governance - Summon a DAO. Moloch-style DAO managed via the DAOhaus UI. - Setup a shared *minion* (Gnosis Safe with the Caretakers and Cabin core team as signers). - Caretaker goverance is conducted via on-chain proposal flow. - New concepts and WIP research are published via a public forum until an appropriate distribution mechanism is decided by the Cabin DAO community. - Social - Cultivate an awareness of qualitative value alongside the quantitative. - Emphasize conviviality, cooperation, and collaboration as key tenets of successful coordination. - Nurture and demonstrate a practice of self-aware emotional intelligence in gatherings and community design. - Economic - Elaborate and deploy a regenerative DeFi stack strategy (outlined below). - Provide an alternative to the rent extraction model to alleviate money concerns for future neighborhood founders. - Generate yields with existing Cabin DAO treasury to supply the grant pipeline. Grants will distribute yield without diminishing the principle investment. - Prepare to hand off the DeFi yield-farming strategies to future grant recipients to empower them with the tools they need to be self-sustaining and self-sovereign in their local community designs. - Emergent Strategy - Referencing adrienne marie brown: emergence = an organic growth from a collective; strategy = a trajectory for how to proceed, accompannied by a manner of adapating when we encounter the inevitable unexpected frictions. - To serve as a strategic primitive for determining fitness for future neighborhoods, to ensure competence and interdependence of caretakers to nurture their community. ### Core Caretaker Characteristics - We propose a pivot in the Cabin DAO neighborhood caretaker personna. New neighborhood requirements currently consist of: - fast wifi - accomodations for 8+ folx - nature out the door - convenient to an airport - These characteristic cater to a remote/nomadic tech worker motivated by convenience, implicitly extended to the caretaker of that property. We proposed an alternative personna for the future neighborhood caretaker. A fit caretaker should demonstrate: - self-awareness - resilient, agile critical/design thinking - history of practice of emotional intelligence in social groups - understanding of the fundamental networked interrelations of people and place - commitment to sustainability in natural and economic systems ### Preliminary Sketch for a Regen DAO Treasury Strategy - Core idea: **let's design a mechanism that takes money out of our existential equation by creating a regenerative UBI for contributors!** - Work with devs to automate limits at programmed safety thresholds. - Straightforward diversification scheme that adapts to shifting market volatility: - Paranoid Bear: stable position in RAI - 100% LP'd (RAI/DAI) to earn ~7.5% yields - $200k position yields $15k annually - Comfy Crab: lateral position - 50% LP'd (RAI/ETH) to earn ~8.21% yields - 50% LP'd (GTC/ETH) to earn ~ 57% - $200k position yields $8,210 + $57k = $65,210 annually - YOLO Bull: high risk high yield - Tight LP positions (GTC/ETH, etc) to earn 150%+ - $200k position yields $300k annually