Thank you so much @Pop @lthrift for your time and meeting with us ![]()
We agree that’s a great direction and would be a really cool tool for the space!
To share a few more notes from the meeting - it could also (eventually) be a composite system where Gitcoin DAO uses Conviction Voting for proposal funding for Capital Expenses and develops a new Conviction Funding Flow mechanisms for flowing salaries & ongoing costs (Operational Expenses).
FROM MEETING NOTES:
An OpEx Conviction Funding Flow Tool would:
-Removes the BINARY “funds” or ”no funds” of proposals, and moves towards sliding scale of funds unlocked - like a dam opening with proportional amounts of water flowing according to tokens.
-w/ configuration to correlate staking/threshholds with %s of the budget, rather than all or nothing - i.e. stewards agree w/ 80% of the budget, 80% unlocked while discussing/debating the other 20% so work can keep going
Here is documentation of a mechanism Sem from 1hive and some others have been working on, that may be useful for the developers in looking at what primitives/code exists for building a tool like this:
Osmotic Funding
Osmotic Funding · ETHGlobal Showcase
GitHub - BlossomLabs/osmotic-funding: Superfluid + Conviction Voting
Osmotic Funding | Grants | Gitcoin
There are other flow funding tools i.e. Radicle Drips, but they don’t have a conviction voting mechanism, so would be a really interesting and incredibly useful for many DAOs to have a tool combining these primitives…
Thank you again and look forward to next steps and supporting ![]()