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# System prepended metadata

title: Uber Governance Mining

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# Uber Governance Mining 
How to stack $HAUS by participating in UberHaus

## Will pay $HAUS for governance 

When the $HAUS token was launched into the wild last week, we did it with the expectation that governance over $HAUS and the DAOhaus ecosystem would pass to UberHaus. UberHaus is a DAO-of-DAOs -- likely the first of its kind and hopefully the first of many. The thinking was that members of UberHaus, all DAOs themselves, would be in the best position to make decisions about what DAOs needed to be successful and how to put $HAUS to work towards that end. Now that vision is becoming a reality and it's time to talk incentives. 

To make a DAO-of-DAOs work we knew there needed to be something to keep DAOs bought in -- literally. Seeing all the different ways that tokens are being minted, farmed, and earned nowadays, there was no need to reinvent any wheels. We landed on Governance Mining. The concept is simple: DAOs stake $HAUS to get voting shares for UberHaus governance, DAOs vote their shares on proposals each month, DAOs that vote and show up for the monthly meeting get more $HAUS. Show up to the UberHaus and expect to leave someday with more $HAUS. We think it's a pretty good deal.   

Governance will be one of the most important functions of UberHaus. The $HAUS and DAOhaus ecosystem can't run without a community. A community, especially a decentralized one, can't run without governance. It's why those DAOs who stay staked in UberHaus and participate in governance will receive 4x rewards. **That means 10,000 $HAUS or (at ~$50 / $HAUS) $500,000 towards rewarding the DAO's who participate in governance**. That's a pretty good incentive to stick around. 

## The $HAUS Rules

If you're wondering what the rules of this 10,000 $HAUS mining operation are, here's the tl;dr: 

* Rewards will be handed out based on the percentage of the HAUS your DAO has staked in UberHaus.

* The rewards will ramp up over time. So the total rewards allocated for the first three month period will be 1,000, the second three month period 2,000, the third three month period 3,000, and the fourth three month period 4,000. This is meant to reward those who stick around and participate over the long term.  
    
* The rewards will be distributed every three months according to the formula above, if you meet the eligibility requirements below. And all 10,000 $HAUS will be distributed over the next 12 months. 

* For your DAO to be eligible to recieve your rewards the DAO must
    * send a delegate to the UberHaus monthly discussions and your delegate can't miss more than 1/3 of discussions. 
    * vote on at least 50% of the sponsored proposals to UberHaus.
     
* Finally, if your DAO ragequits more than 50% of its $HAUS, during the 12 months your next set of rewards will be slashed by whatever percentage you ragequit. We get that some DAOs might need to use a portion of their $HAUS to fund activities, but the hope was that you would use this $HAUS to participate in UberHaus governance. 


## Next Steps

Our end goal is to make this HAUS a home. We're planning on holding the first meeting of UberHaus Delegates in the next week or so. So get your delegates ready to attend. The first step, however, is joining the [DAOhaus Discord](https://discord.gg/rzW53ZK7) and getting into the UberHaus channel (instructions below). 

If you're a member of a DAO who recieved $HAUS in the DAO airdrop, the next step is pretty much showing up. Each DAO already has its $HAUS staked in UberHaus and an initial delegate set.  **All you need to do is get this delegate to join the #delegates channel in the DAOhaus Discord using the CollabLand bot (it'll walk you through it)**. If your current delegate has disappeared into the Ether, it's really easy to appoint an official new delegate by going to the Allies page on your DAO and clicking on the "manage button" for UberHaus ([reach out to #support if you need help](https://discord.gg/jRJqhR3VQ4)).

If you're a part of a DAO that isn't already represented in UberHaus, your DAO can join UberHaus by staking 500 $HAUS. We know that's a lot of $HAUS right now, but, because UberHaus controls the ~60% of $HAUS still sitting in the treasury, we want to make sure all of the members have a lot at stake -- literally. Don't worry though if you're the little DAO that could -- one of the first items for UberHaus is creating a $HAUS grant / loan program so that small but mighty DAOs can join.

## Alpha Leakish 

In case the above doesn't convince you to stick around for UberHaus governance, we're also planning some exciting ways to use HAUS: 

* **HAUS Lending Program**: A group of $HAUS holders (and others) will for a DAO called the Iron Bank that will lend xDAI against a DAO's staked $HAUS in UberHaus and reputation, meaning lower interest loans for promising DAOs looking to build awesome products. 
 
* **HAUS Sou-Sou / Giving Circle**: A group of HAUS holders will form a DAO where they contribute 5 $HAUS per month, and each month one of those DAOs is given the pot until every DAO in the circle has recieved the pot one month. 

* **HAUS Grants**: We will lobby UberHaus to give grants to 1) smaller DAOs with thriving and growing communities so they can stake the 500 HAUS to join UberHaus or 2) build projects that benefit the HAUS and UberHaus ecosystem.

** Final note: Because UberHaus is the final arbiter of how this will all work, the members of UberHaus could change any of the above by a vote of the members. 

 


