[LRFC] Solution to Improve DAO Governance Efficiency

1. Motivation:

I believe Lyra DAO is very serious about its Governance Process and involving community in making key decisions as evidently by the amount of work has go into governance.

I’m a co-founder of Syncvote. I believe our tool can add tangible value to the implementation of Lyra DAO’s governance process without any changes to the current setup. The goal is to let admins and members focus on making decisions instead of getting lost in tech stuff.

I previously raised a discussion on the forum (here: Automated workflow for Lyra - General - Lyra) and upgrade our products continuously during the discussion, so I decided to start this thread to make better presentation on how Lyra DAO can benefit from Syncvote. If this is something interesting, I would like to take this to the next phase.

2. Problem Now:

I see 3 existing problems in implementing Lyra DAO governance process:

  1. The proposer must remember all the technical details of the governance process to avoid making mistakes.
  2. The proposer has to bounce around different platforms, such asLyra, for each step of the process.
  3. Any solution that could potentially consolidate everything into one platform for consistency and ease of navigation would require the DAO to abandon its current setup and adopt a new one.

3. How We Solve It:

Syncvote provides a chrome extension. It works as a unified front-end for any DAO member that wants to make a proposal to Lyra DAO. It acts like a central hub, no more bouncing between different platforms. Members can kick off and handle proposals, watch progress, and move through stages – all in one interface.

Why Syncvote will fit nicely into the current Lyra DAO practice:1. Non-invasive, there isn’t any new platform to familiarize with, just open the extension and click “start new proposal” to start.

  1. The extension works with all the platforms DAO has been using, so you don’t need to make any changes to your current setup.

  2. It’s free, our goal is to eventually put every DAO to operate completely on-chain, so until Lyra DAO decides to write data on-chain; it won’t cost you anything.

My cofounder’s created this video to illustrate how the plugin works for a DAO: Syncvote Demo

4. Next Steps to Implement:

To implement this transformative solution for Lyra DAO, we propose the following steps:

  1. After the proposal has been passed, I will convert the Lyra Governance Process into a format compatible with Syncvote. An administrator/coreteam member can help me to follow-up and also check its accuracy.
  2. After that, Lyra DAO will start announcing to community members on forum, announcement channels on discord and twitter etc., that they can start using Syncvote extension to make new proposals from then on.

In conclusion, I see this as a straightforward implementation that helps to smooth governance experience for Lyra DAO community members. I would be grateful if Lyra DAO adopts Syncvote.

Thank you for reading my post. I would like to have your feedback on this topic.

Godwin.

2 Likes

Hello mates,

I would love to have some of your comments on the topic. The proposal aims to make the governance process be something easy for every community member to take part in.
Do you think the governance process now is easy enough for everyone to cast a vote or raise a voice?

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I think right now the DAO is ultra focus in the launch of v2. Maybe later when things are more calm will be time to improve governance procedures.

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Thank for your feedback.

Happy to know that development of v2 is DAO focus now. I will keep updating about the features that may be helpful for DAO operation.
In the meantime, please do not hesitate to raise a voice if you have any idea.

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Apologies for the delay here - most discussion is happening in Discord. Would you like a thread created?

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Definitely. Could you suggest a proper channel to start the discussion in?

Thank you in advanced,

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Sorry for the delay here - if you just tag one of us in Discord we can create the channel for you. Send the message in #dao-general.

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Thank @mjs for feedback
I did as you recommend. Hope that we could find a fast way to adapt Syncvote for Lyra.

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