Proposal: Partnership & Mutual Grant with Developer DAO

[monet-supply]

@dabit3

To ensure long term alignment, Developer DAO will hold no less than 50% of the tokens received through 2023 and act as a meta-delegate in the Gitcoin ecosystem.

To ensure long term alignment, Gitcoin will hold no less than 50% of the tokens received through 2023 and act as a meta-delegate in the Developer DAO ecosystem.

If this is the intent, we should use vesting contracts.

@dabit3

issue 50,000 GTC for governance rights equating to 5% of Developer DAO when governance is live.

Would love to hear more details about this!

• What form of governance do you plan to use? What concrete authority will be vested with token holders (as opposed to eg. multisig signers)?
• When are you planning to launch governance?
• Would gitcoin provide GTC before receiving developerDAO tokens, or would the swap be synchronous? If Gitcoin sends first, are there any other safeguards over the agreement other than personal reputation of those involved?