Introduction
This proposal outlines a new governance mechanism for the VeBetterDAO community to collectively approve and endorse decentralized applications (dApps) for integration and funding. By establishing a dedicated voting pool, we can ensure that all new dApps meet our community’s high standards for quality, security, and alignment with our mission. This process will empower token holders and create a transparent, structured pathway for developers.
1. Proposal Objectives
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Quality Assurance: Ensure that only high-quality, secure dApps that align with VeBetterDAO’s values are endorsed. This prevents the integration of low-quality or “dodgy” applications into our ecosystem.
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Community Empowerment: Give token holders a direct and meaningful say in which dApps receive official endorsement and subsequent weekly funding.
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Transparency: Establish a clear, auditable, and accessible process for the submission, evaluation, and endorsement of all new dApps.
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Ecosystem Growth: Foster innovation by providing a visible and structured pathway for developers to gain community support and funding.
2. Proposed Dapp Endorsement Voting Pool
I propose a new voting pool specifically for dApp endorsements. This pool will operate similarly to our existing governance process but there will be no need for the proposal to ‘look for support’ and it will automatically go for voting. dApps applying still need to go through the regular means, by applying to the foundation, but before a creator NFT can be given.
2.1. Submission Process
Any developer or team can submit a new dApp proposal. To be considered, submissions must include:
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Project Documentation: A detailed whitepaper or documentation outlining the dApp’s purpose, functionality, and technical specifications.
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Roadmap: A clear roadmap for development and future integration with the VeBetterDAO ecosystem.
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Community Alignment: A statement explaining how the dApp aligns with VeBetterDAO’s mission and core values.
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Team Information: Contact information and social media links (e.g. X, Discord, etc) for the development team.
Proposals will be submitted through a dedicated portal on the VeBetterDAO platform.
2.2. Voting Structure and Rules
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Voting Rights: Voting power will be based on the amount of VOT3 held, as determined by the weekly snapshot.
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Voting Period: Each proposal will be open for a fixed period of 7 days. The dApp must be submitted at least one week before the voting period begins.
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Voting Options: Token holders will have three distinct choices:
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Endorse: Approve the dApp for official endorsement and potential funding.
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Reject: Decline the dApp, indicating it does not meet our standards.
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Request Revisions: This option replaces “abstain” and signifies that the dApp shows promise but requires specific modifications before it can be reconsidered.
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Approval Threshold: The threshold for approval will be the same as for normal governance proposals.
3. Post-Voting Outcomes
3.1. Endorsed dApps
If a dApp meets the approval threshold, a creator NFT can be given and the dapp will be eligible for endorsement. This endorsement includes:
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Platform Listing: The dApp will be listed under the “New apps looking for endorsement” tab and featured on VebetterDAO platform.
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Funding Access: The dApp becomes eligible to receive node endorsement and subsequent weekly funding (subject to separate governance approval).
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Ecosystem Support: The project will receive official marketing and community support from VeBetterDAO.
3.2. Rejected dApps
If a dApp is rejected, the developers will receive consolidated community feedback. They can then address the concerns and resubmit a revised proposal for a future voting round.
3.3. Revisions Requested
If “Request Revisions” is the majority outcome, developers will be given a clear timeline (e.g., 30 days) to revise their proposal based on community feedback. They can then resubmit it for a new voting round.
4. Conclusion and Implementation
This new voting pool is a crucial step toward building a more robust, decentralized, and community-driven ecosystem. It formalizes our commitment to quality, empowers our token holders, and provides a clear, fair process for developers. We recommend that this proposal be implemented as soon as technically feasible.
I’m open to discussion and new ideas. This proposal follows the endorsement of VedreamHome, which in my opinion does not align with the core values of VebetterDAO (like PawsUp, and other dapps). I believe this raises concerns about the integrity of the endorsement process. If we don’t address this, nodes may begin endorsing any dApp purely for profit, without considering its actual quality.