---
# System prepended metadata

title: Using $RAID for Championing
tags: [token]

---

---
tags: token
---

# Using $RAID for Championing

## Background
Raid Guild grows organically, adding new members as individual existing members deem appropriate and champion them in. The championing process relies both on the champion being a good judge of who is a good fit for the Guild as well as on the champion's reputation within the Guild being at stake.

That has previously worked quite well when the Guild was smaller and it was easier for everyone in the Guild to evaluate new members once championed. But as we grow and that becomes more difficult, we risk a drop-off in the quality of our new members.

**It is crucial that we not dilute our talent pool even while we grow.**

Another challenge presented by growth is the process of ramping up within the Guild after a new member joins. With a wider community and greater to complexity to navigate, it's **more imporant than ever that new members have a guide during their first few months**.

## Purpose
1. Ensure the quality of new members, by stengthening the incentives for champions
2. Help new members succeed by creating incentives for current members to support them

## The New Championing Program
### Current Process
Currently, champions are responsible for...
1. Identifying somebody they would like to see as a new member. 
    - Often this is somebody they've worked with from a cohort; it could also be a friend or acquaintance they know from outside the Guild.
2. Sponsoring that person's new membership proposal

### New Program - Overview
This new process would add three major new components
1. Champions need to stake $RAID to champion a new member
2. New members need to achieve a few early goals relating to engagement and fit
3. Champions receive a reward in $RAID if their new member meet the criteria from (2). If not, they lose their stake from (1)

### $RAID Staking
To champion a new member, a champion must stake ==X== $RAID. If their new member achieves the criteria defined in the next section, they get their stake back. Otherwise, they lose their stake.

### New Member Success Criteria
New members are successful when they contribute to the Raid Guild community, bring in value to the Guild, and earn income for themselves.

Within the first two months (60 days) after their membership proposal is processed, new members should:
1. Successfully join at least 1 raid or RIP
    - Includes completed raids/RIPs as well as raids/RIPs still in progress (provided that the new member is in good standing on that project)
2. Attend at least 2 Guild meetings
    - Includes Roundtable and Raider Roundup
3. Demonstrate shared values with the Guild
    -  This is at the discretion of the Guild

### Champion Reward
If the new member meets the criteria from the previous section, the champion is also eligible for a reward of ==Y== $RAID.

This reward creates an incentive for the champion to support the new member, help them understand how things work, get included in a new raid or RIP, etc. 

Alternatively, the champion is free to contract with another member to serve as the new member's "buddy". The champion receives the reward, but can share it with anybody who helps mentor the new member.



### MVP
Initially, we can facilitate all this without much building by creating a separate Championing minion:
- Before championing a new member, champions must deposit ==X== $RAID into the Championing Minion.
- When the new membership proposal is created, it must include a link (ie on blockscout) to the $RAID deposit tx.
- Any new membership proposal that does not include a link to the championing stake should be voted down.
- If/when the championed new member meets the new member success criteria, the champion can submit a minion proposal to withdraw ==X== + ==Y== $RAID to receive their original stake plus their reward. The DAO should vote this proposal down if any of the 3 critereria are not met (including the subjective #3).

We should deposit enough $RAID to cover rewards for the next 10 new members (250k $RAID).

### Initial Values
#### Stake
**Full stake for "off the street" applicants**: ==X== = 50,000 $RAID
- currently valued at ~$3k
- the idea here is create a big enough downside that champions think very hard about who they want to champion into the guild. Current members should not champion new members if they're not confident they'll get their stake back, ie they're not confident they'll 

**Half stake for applicants who have gone through a cohort**: ==X== / 2 =  25,000 $RAID
- currently valued at ~$1.5k
- cohort applicants are much more likely to be aligned with the guild and have more exposure to current members. Less reliance on champion to make the right decision means a lower stake is required
- champion may not be from the same cohort; if so, full stake required



#### Reward
==Y== = 25,000 $RAID
- currently valued at ~$1.5k
- the idea here is to create a positive incentive large enough to make it worthwhile for a current member to spend time mentoring the new member
- the upper limit on what the reward should be is the value that the guild places on new members. What s

### Potential subsequent adjustments
This proposal is not meant to be the final mechanism. We will likely want to iterate on the initial mechanism as we learn more. Here are a few potential tweaks we could make:
- Champion reward in proportion to new member raid/RIP earnings
- Partial stake slashing for partial new member achievements / fit. For example:
    - get slashed 100% if the new member is a bad fit (eg gets guildkicked)
    - get slashed 75% if the new member has zero activity in the first two months (attends no meetings, joins no raids, etc.)
    - get slashed 50% if the new member does not successfully participate in any raids or RIPs in the first two months

## Related ideas
- members earn $RAID from going on raids and RIPs
    - important to give new members a path to eventually champion other new members
- Recruiting (could use part of the champion reward to incentivize recruiting)