This proposal requests 4 ETH from the proceeds of the Allo Patron NFT sale to create an Allo.Capital community on Gardens and set up 2 funding pools to help with ecosystem growth
The deliverables for this proposal are:
Community Covenant - co-created by the ecosystem in a group workshop.
Gardens Community - using the Covenant and governance token above.
Allo Builder’s Fund - more funding to continue the existing program.
See the Temp Check where this proposal originated.
Rationale
Allo.Capital is a broad, diverse ecosystem of projects and builders with enormous potential and has a pressing need to unify its resources around a common vision and direction.
By establishing a community Covenant, issuing a healthy governance token, and setting up a Gardens community, the ecosystem gets the fertile ground it needs to thrive.
The Allo Builder’s Fund has funded 6 separate proposals for capital allocation builds and is driving a huge amount of simultaneous, milestone-based capital allocation work. Progress on these builds is being tracked here on the forum: Allo Ships - ⛲️ Allo.Capital
Together, this proposal solves the ecosystem’s pressing need for unified direction and basic protocol/ecosystem funding, while planting the seeds for much more growth by creating a healthy coordination layer that can be used to scale this ecosystem of projects and builders all the way to the moon.
Milestones & Timeline
1. Establish a Community Covenant
Estimated Completion: 2 weeks from proposal execution
Expected Cost: 0.2 ETH
Description: Host 1-2 community workshops to compose a document outlining Allo.Capital’s shared vision, values, and organizational processes.
2. Launch Community on Gardens
Estimated Completion: 4 weeks from proposal execution
Expected Cost: 0.5 ETH
Description: Collaborate on settings and parameters for governance token, registration stake, community admin, and governance pools. Deploy to app.gardens.fund, add funds to pools, and distribute governance tokens to the community.
3. Fund Allo Builder’s Fund
Estimated Completion: 4 weeks from proposal execution
Funds Added to Pool: 3.3 ETH
Description: Choose funding token and add tokens to funding pool.
Funding Breakdown
Total Funds Requested: 4 ETH
3.3 ETH added to Allo Builder’s Fund
0.7 ETH in contributor compensation
Contributing Team & Experience
Project Lead - @paul - Gardens v2 Founder and Allo Builder’s Fund lead.
Workshop Facilitator - @afo - Greenpill Dev Guild Lead
happy to see this moving forward to a proposal state!! I like and support using gardens.fund as a governance mechanism, as explained in the Temp Check post, I’m also aware that token distribution policies would play a huge role into the success of CV as a governance mechanism.
so I’m wondering how that funding pool and token distribution policies would actually incentivize allo protocol builders to keep building with both alignment and coherence!
what if the desired governance token (I’d expect it’s distribution policies to be an outcome of organizational processes in 1.) would actually need some development? shouldn’t we consider an extra budget and timeline here? 0.5 ETH and 1 months seems to be too short for the case in which the community signals a need of an extra bit of complexity beyond selecting a regular token template.
On Tuesday ~20 members of the Allo Ecosystem joined the Covenant Workshop led by Nathan Schneider and Dani Shipley from CommunityRule and CU Boulder MEDLab. The session sourced opinions on organizational structure, purpose, values, and membership for the Allo Garden community that will govern funding distributed from this proposal.
And the first WIP draft of collectively sourced Covenant here on CommunityRule: Create / CommunityRule
Next Steps
The Draft on CommunityRule is a starting point for our Community Covenant. Now it’s your turn! To contribute, Fork and Edit the draft, publish your updated version, and share with the community so we can collaborate asynchronously.
When the draft is complete, we’ll post to the forum and share for final feedback and edits. To meet the proposed timeline for this we’re aiming to complete this by August 11.
After the Covenant is complete we can then create the Allo Gardens community. In the meantime, @afo and I will begin work on a proposed set of community parameters and governance pools to set up for the Garden.
Estimated delivery for the Allo Garden with a live Allo Builder’s Fund is August 25.
Yeah I was hoping for time and budget to go into governance token setup as well, but the feedback from the community on Telegram after the initial temp check post made it clear people weren’t interested in an Allo Governance token as a deliverable for this.
I still hope we can set up something strong with good distribution anyway.
Curious as to what the requirements / eligibility might look like for this new pool? Same as last time or being updated? Also whether the project needs to be building on Allo Protocol, or whether being allo aligned / a supporting tool in the ecosystem would also be eligible?
We’ll use the Covenant to inform the eligibility and terms for new pool - especially the “Purpose” and “Values” sections which define what our goals in the Allo DAO are.
I do imagine they’ll wind up being similar to the original pool, unless there’s pushback on the types of projects that got funded in the first round.
Feel free to add your input here on the types of funding proposals you think are most valuable and we should fund more of.
