Author: John Crain
SuperRare Proposal Number: 1
Tags: Curation, Space Race
The high number of incredibly competitive Space Race applications and community questions around voting procedures has convinced the SuperRare DAO Governance Council (the “Council”) to iterate on its initial plan only to whitelist two (2) Spaces per month and to set forth updated governance procedures for the Space Race. In an effort to ensure efficient and optimal decision-making related to carrying out future Space Races, the Council seeks discretion in order to act in the best interest of the network when determining methods, tooling, administrative, and other procedural aspects of the Space Race applications, process and governance.
The Council is proposing for $RARE token holder consideration, discussion, and approval:
- To establish a Space Race
curation parameterenabling the Council to whitelist up to ten (10) community-supported Space Operators per month
- To establish updated
governance proceduresfor the Space Race, contemplating a new tooling method to enable more direct community curation, soft quorum requirements to facilitate early network governance, and to give the Council sufficient flexibility to take an iterative approach to decentralized governance
Instead of the originally planned maximum of two (2) whitelisted Spaces per month, the Council shall be authorized to whitelist up to ten (10) Spaces per month based on the level of community engagement, democratic support, and demand demonstrated for each respective Space Race.
Going forward, the Council proposes the following governance procedures, methods, and reservation of authority concerning the SuperRare Space Race:
- The Council shall propose for $RARE token voting any number of timely, valid, and notable Space Race applications based upon its curatorial discretion and community sentiment. With respect to only the first Space Race, all timely applications will be put forth for a public vote to reward early participants and to enable more direct control over the earliest decentralization of curation for SuperRare Network.
- To conduct the Space Race and determine winners using a real-time, leaderboard-style voting method, such as the kind provided by the Mirror Token Race. The Council currently expects to whitelist the top five (5) Spaces for SR#1. Non-winning Space Race participants may be automatically included in the next Space Race, subject to the Council’s discretion.
- To establish temporary, soft voting and quorum requirements for Space Race-related governance proposals, which shall require a majority Snapshot vote (or subsequent participation in an actual Space Race) from or by at least 1% of the total $RARE token supply. There shall be no strict quorum requirement or required voter turn out for the actual Space Race itself. Quorum requirements should be viewed as experimental, expected to change based on new information, and may be ignored if a given proposal is approved by an overwhelming majority of participating voters (e.g. unanimous consent), especially as the Council works to understand, optimize, and specialize early network governance.
- In order to support an iterative and flexible approach to Space Race governance, the Council shall be permitted the continued authority and discretion to act in the best interests of the DAO to modify and/or further develop Space Race governance tooling, methods, quorum requirements, procedural/substantive application requirements, procedures, promotion, and other implementation details from time to time. The Council shall, of course, not be authorized to unilateral modify on-chain Space Race
curation parameterswithout community approval.
The Space Race procedural schedule and timing may change from time to time, subject to the discretion of the Council as needed to ensure a successful voting experience and maintain a high quality of eligible candidates. The Council makes no absolute guarantees as to the exact frequency of subsequent Space Races - as the administrative, technical and logistical requirements for onboarding winning Spaces are still unknown - but will to the best of its ability attempt to coordinate at least one (1) Space Race per month as soon as is logistically feasible.
The Council desires the community’s feedback, questions, comments, and concerns. Accordingly, the Council has launched a new governance topic on the forum where community members can voice their opinions, suggest revisions to this Proposal, or begin creating other advisory proposals for consideration by the Council.
The Council will permit a 7-day comment period for this Proposal, including a governance Town Hall featuring at least one Council member to facilitate the collection of feedback about this Proposal and any important questions that may affect governance of the DAO generally.