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title: 'DAO of the Week Notes, Token Engineering Commons'
tags: [DAO of the Week]

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###### tags: `DAO of the Week`
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# DAO of the Week Notes, Token Engineering Commons

on Gnosis Chain
- TEC projects are all gnosis
- pretty fundamental

economy:
- they have their own token $TEC
- but the stable is xDAI
- pay contributors in xdai

augmented bonding curve
- tampens down big sell offs

cluster of organizations 
Common Stack (consulting tech and devs, focused on building commons)
Giveth
Token Engineering Commons (commons is token engineering expertise)
- common pool that came out of the initial fundraising
- convition voting
    - token holders have the ability to vote with those tokens
    - the longer you keep your tokens on a specific proposal the more impact on it getting funded
- treasury is spent on building the field of token engineering
    - token engineering academy
    - **CTA for learning: fall 2022: [token engineering fundamentals course](https://medium.com/tokenengineering/token-engineering-fundamentals-49b15b42fa5)**
    - fund public goods

What's a commons
- most common are natural resources
- others are knowledge
- social protocols surround stewarding a shared public good

Token Engineering is a new field that's emerging and they are building and educating for this expertise.

Vision: Free up the resources to share the learnings and tools.

Building the field of token engineering - go to Discord, Communitas Welcoming Group

Learn More/Break Down:  https://medium.com/token-engineering-commons/token-engineering-commons-69398048209a

