---
# System prepended metadata

title: Neokry Residency 3

---

Neokry is currently serving as a Resident Engineer under Builder Proposal #56 and is requesting a 6-month extension.

## Major contributions from the last three months

#### Subgraph
- Developed a [subgraph](https://github.com/ourzora/nouns-builder/tree/main/apps/subgraph) to make data fetching easier for nouns.build and other clients.
- Reduced reliance on zora apis and allowed builder to own our indexing / backend.

#### Client (nouns.build)
- Migrated data layer to subgraph.
- Upgraded to support L2.
- Improved loading speeds and caching.
- [Many bugfixes and minor changes.](https://github.com/ourzora/nouns-builder/releases)

#### Builder Protocol
- Deployed contracts across chosen L2s.
    - Optimism
    - Base
    - Zora
- Developed the [specification](https://github.com/ourzora/nouns-protocol/discussions/111) for our next upgrade named "Bali".
    - Token Claiming
    - Alternate Core Contract Implementations
    - Protocol Rewards
    - Sequential Media Metadata Renderer
    - Collection +
- Finished the majority of [inital implementations](https://github.com/ourzora/nouns-protocol/pulls) for the upgrade.
- Engaged with zora protocol engineers on code reviews prior to audits.

#### Engineering community
- Onboarded a new part time resident [Jord.](https://nouns.build/dao/ethereum/0xdf9b7d26c8fc806b1ae6273684556761ff02d422/vote/64)
- Hosted a weekly product and engineering session with Zaak.
    - Allowed us to onboard new devs, answer questions and present new developments / upgrades to the DAO every week.
- Worked with Zaak on onboarding two more part time residence. (WIP)
    - [Ripe](https://twitter.com/ripe0x): Developing tools around droposals as a sustainible mechanism for dao and protocol funding.
    - [Martin](https://twitter.com/anquetil): Assisting with L1 -> L2 dao migration frontend work.
- Helped iamnick think through product tradeoffs for a music focused client [Fam](https://nouns.build/dao/ethereum/0xdf9b7d26c8fc806b1ae6273684556761ff02d422/vote/67).
- Started the developer open prop house round.
    - This prop house round failed to find traction and will be iterated upon in the coming months likely as an open small grants committee for devs.

## Goals for the next 6 months

#### Client (nouns.build)
- L1 -> L2 DAO migration
    - Work closely with Martin on integrating features needed to allow L1 DAOs to migrate to L2
        - Allow DAO members to "one click deploy" a copy of their DAO to L2.
        - Create a claiming flow that allows L1 DAO members to claim tokens on L2.
- Mixed media DAO artwork
    - Allow folders of mixed media to be used as DAO artwork (images, videos, audio).
    - Support rendering of mixed media DAO artwork on DAO pages
    - Support custom metadata renderers at the subgraph / client level
- Collection +
    - Upgrade the create flow and DAO pages to allow users to create DAOs from current NFT collection ie PFP projects, open editions, generative artworks.

#### Builder Protocol (Bali)
- These are actions needed to deliver the Bali upgrade
- Wrap up all inital implementations
    - Finishing legal discussions surrounding protocol rewards
    - Pending code reviews on custom metadata renderers and new minters
- Engage with auditors to audit the upgrades
    - Currently waiting for quotes from Code4rena, Sherlock and Spearbit 
    - Will present options and reccomendations to the DAO in the coming weeks
- Post audit work
    - Work with auditors to implement solutions to any critical issues
    - Deploy finalized contracts to supported networks
- Setup Builder DAO proxy and Hats tree
    - Allow Builder DAO to manager upgrades and collect fees on L2 with safeguards via Hats protocol.

#### Builder Protocol (Next upgrades)
- These are ideas for the next protocol upgrade and subject to change
- VRGDAs as an alternate auction mechanism
    - Removes settlement fees and transactions which has been a common user painpoint
    - Allows users to puchase tokens without waiting auction cycles to end leading to better onbaording UX
    - Increases flexibility of token distributions
        - frontload tokens to quickly build a large community
        - slowly ramp up distribution to start a more curated dao
    - Useful for DAOs that want smoother onboarding / more specific distribution options
- Crosschain proposals and proxies for DAOs
    - Allow DAOs to hold assets across networks
        - Hold NFTs and ERC20 tokens on their native networks
        - Collect fees on alternate networks
    - Allow DAOs to interact with protocols across networks
        - Create and mint NFTs across networks
        - Payout contributors on cheaper networks like base
        - Propose upgrades and protocol changes across networks
- Droposal alternate governor
    - An alternate governor proposed by Agora for Nouns
    - Allows DAOs to set a shorter turnaround period for Droposals compared to full proposals ie 2 days vs 5 days.
    - Can potentially rework Agoras implementation to fit Nouns Builders needs
- Proposal candidates
    - Monitor proposal candidates from Nouns as a way for users to seek onchain feedback for proposals
    - Can potentially rework Verbs implementation for Builder protocol.

#### Making Builder DAO Sustainable
- We are planning to expirement with several revenue gereration strategies for BuilderDAO going foward.
- Protocol rewards
    - After the Bali upgrade Builder DAO will have three protocol rewards
        - BuilderDAO Rewards: % of auction revenue sent to Builder DAO for protocol and ecosystem developments.
        - Client Rewards: % of auction revenue to a referrer like a custom client to fund new client developments.
        - Founders Rewards: % of auction revenue to DAO founders to incentivize DAO creation and incubation where the % is chosen by the DAO founder and conrolled by the DAO they deploy.
    - Note: There will be a Snapshot proposal to get the DAO’s opinion on this. Should that fail to pass, we will omit from the scope.
- Revenue from droposals via Zora protocol rewards
    - Builder DAO will earn revenue on collection deployments and mints via the new droposals interface built by Ripe
- Flat fee on Collection + claims
    - Builder dao will earn revenue on a flat claim fee when users claim Collection + NFTs.

## Funding Request
$18,750 USD / Month for 6 months (12 ETH/ month @ $1600 ETH/USD price)

Total of $112,500 USDC streamed via Sablier (Total ~70 ETH @ $1600 ETH/USD price)

#### Why the increased rate
- Majority of focus shifting to protocol engineering.
- Deep knowledge of smart contracts and Builder protocol required, distinct from frontend work.
- Complex nature of protocol development including testing, reviews and audits to ensure security. 
- Much higher level of responsibility and attention to detail.
- Majority of previous residency goals met.

## Multisig
*The equivalent of ~$120k (to absorb potential volatility in ETH from time period between submission and execution) would be sent to a multisig as outlined below. They would then convert $112,500 worth of ETH to USDC, set up the Sablier stream and then send back the remaining ETH to the DAO.

Gnosis Safe to handle Neokry's transaction:

- 0x0bFcef6f9389d209D8D943ebA2893156fb5Ea929

Signers:

- zaak.eth: 0x77ac30452890E5210CB334f601a0A6E8F0A5201B
- neokry.eth: 0x04bfb0034F24E424489F566f32D1f57647469f9E
- thenounishprof.eth: 0xCEEd9585854F12F81A0103861b83b995A64AD915

Recipient:

- neokry.eth: 0x04bfb0034F24E424489F566f32D1f57647469f9E