Synopsis#

To encourage active contribution to the DAO, DAO members who vote (with stated reasons) on more than 70% of proposals raised during their paid year of membership shall have their membership extended for an additional year, which shall also be eligible for extension by the same mechanism indefinitely for future years.

Motivation#

To encourage new members to join, knowing that they won't have to pay annually as long as they participate. To encourage active participation by existing members.

Specification#

On the day before a DAO member's membership expiry, their voting record shall be assessed for extension via unlock. This mechanism should eventually be built but for now can be implemented manually.

Rationale#

We have a year before the first memberships start to expire but probably best to set expectations now.

Risks#

People build minimal participation bots or leave unhelpful feedback to 'qualify' for free membership renewal.

Timeline#

Implementation before our one year anniversary!