# Prime DAO HAUS Party 🎉🥵


### DAOhaus Updates

#### NFTs
- MFTDAO using the Rariable boost to buy and sell NFTs on the NFT marketplace through the DAOhaus interface

#### Spam Boost
- Spam Filter for DAOs
- Filters out proposals through setting a minimum tribute for submitting proposals
- 30k proposals through Foundations DAO following the RabbitHole Campaign, presenting a weakness in DAO onboarding

#### Transaction Linking
- Multi-call Txs are available with minions (Arbitrary Function Call)
- approve token on exchange
- swap token
- buy NFT
- deposit tokens into NFT contract
- fractalize NFT
- Recipes
- create a common function for DAOs to execute

#### Bolt-ons in DAOhaus

These are products or applications that members in the community develop through Boost Foundary and other ecosystem grants
- DAOBookeeping App
- NFT

Mint NFT, price starts at .0001, bidding can go on for 3-days until the top bidder wins 20% of the bids, and the remaining 80% goes to the DAO of individuals who bid on the NFT.

### Cross DAO Accounting

- How to evaluate the value of outputs and ownership when decentralization and diversity promulgate complexity.

- Coordination tools & accountability

> Spread awareness to the information and make it easy for commmunity members and contributors to access

> How to hold contributors accountable for work they say they are going to complete.

- Look at RG Staking model

### PrimeDAO Legal Risks

Collective Based Squad
- No legal entity
- Foundation

##### Individuals who want to remain legally compliant are encouraged to work for a specific entity within PrimeDAO

### History of PrimeDAO

- conversations started around DeFi
"Genesis Meme" behind starting PrimeDAO
- Prime Arbitrage DAO
- LiquidityDAO (rebrand - Experimenting w/ DeFi)
- PrimeDAO (rebrand --> DAO > DeFi)

Contributors of:
- DAOStack/Genesis Alpha
- Aragon/Aragon Black

**Came together @ETHDenver 2020**

- Process for how we arrived here:

- "Making Sense of the Tipsy DeFi"

- "Leveraging DeFi & DAOs to create a better Financial System"
- "How can PrimeDAO become the connector of DAOs."

*Before DeFi, DAOs did not have a way to sustain value creation and retain contributors.*

### What is PrimeDAO Building

**Prime Deals** - An interface that allows DAOs to do token swaps, aggregate assets for liquidity provision, M&As

**Prime Lounge** - DAO Curated Launchpad
- **Seed Round** - fixed price swap with lockups
- **LP Experience** - Collab with Balancer to enable a liquidity launch experience

--> Liquidity Incentives for LPs
--> Index tokens

**Prime Pools**
- DAO Governed commmunity Pool
Liquidity bootstrapping pools on Balancer for DAOs

**Prime Rating**
- Earn Rating Rep for reviewing research reports

--> Allowing seamless positive sum relationships to emerge from communities with common worldviews and shared objectives for the DAO and DeFi ecosystems.

- This will help us to coordinate with robust incentives that ensure values are aligned across stakeholders in different DAOs

Working With DeFi Saftey to put on hackathons for Raiders

**How do we align ourselves with DAOhaus** and enable positive interactions to take place across our respective work groups, such that we can learn from each others mistakes.

### Completely Focused Launching on Ethereum Mainnet

- Researching other chains to deploy on...

**Bau Restroom Break**

#### "What will the cultural differences across chains look like?"

Ven - "I think it's more what you're trying to do and where you can do it."

- What are the economics of how chains interact?

**Mainnet**
- Governance minimization and Bootstrapping liqiudity.

**Sidechains**
- Gas fee minimization isn't as important
- More Experimentation taking place because transaction are cheap.
- Much less liquidity

### Where is the Tech At?

Moving away from the DAOStack infra ~6 months ago, bringing reputation over to the gnosis/zodiac model.

- DAOs can control balancer pools

Previously
- xDAI DAO for voting
- Mainnet for execution

### Componetizing DAO Functions

Lego DAO
- Avatar
- Decision Making Engine
- Voting Power

**Replacing Token voting with Rep and Rep with NFTs**

"Thinking about Governor, now OpenZepplin Governor".

"Want to link together the most robust and modular components in the DAO space".