Where to publish?
Consider publishing this on both EdenBuilders.org and EdenCreators.com. EdenCreators.com can have the original version or any updates i want to add to my version, and EdenBuilders.org can have the editable and updated community version.
If i publish this on EdenBuilders.org, then this could enable the community to make comments and edits to the bylaw proposal. We could enable anyone to make comments
To Do
Listen to Eden on EOS Chief Delegate Meeting 7 again
Keep it Simple
I think it might be best to use a simple number rather than complex equation for decentralizing msig. Rather than assigning weights or calculating percentages… I could just propose that 2 delegates outside of Chief delegates will sign. This way it’s super simple. Easy to understand and doesn’t require fancy coding. Percentage and weight equation still might be helpful to explore for the simplicity of the nominal number is very appealing. The two delegates seems like a good number bc it does still make it quite simple and there’ll certainly be much more than 2 l1 delegates. It more so necessitates communication between the CDs and the delegates and the broader community. Rather than CDs in kind of tower above making decisions, it starts to build more of a bridge with rest of community. Provides a bit more decentralization and community discussions. And it makes it easy to pass. This can be just a first step. During the next CD budget we can encourage proposal of more decentralized setup, ie with 4 l1 delegates or a more thorough system based upon percentages and weights.
Review the Notion sheet on Eden builders. Add above there. Probably best to move this to Eden creators
Why should we do this proposal?
Why Should We Decentralize Eden?
Include links to document about ‘why eden CD should not use the treasury’. Maybe also re-title or re-frame this as ‘why we should decentralize Eden.’ Yes that make’s sense. It’s helpful to include this rationale and include it in the bylaw proposal as a reason to further decentralize the MSIG
Why and How We Should Decentralize Eden
Mike Manfredi reiterates the intention expressed in more equal animals that i shared with chuck. Copy and paste here more equal animals screenshots from telegram to curate.
https://hive.blog/fractal/@fractallymike/evolution-of-fractal-governance
Also add the part about pioneering MSIG tech, decentralization, leading by example…
Why I prefer to send EOS directly to Edenia
I’m willing to send 1000 EOS to Edenia for help to build these features or features for removing members.
I prefer to pay directly to Edenia4edens, rather than budget.eden. More aligned with the mentality/culture of natural giving, empowering to individuals with eden, retroactive public goods funding, and legal status of dao’s with no shared assets.
Eden ƒractal
By the way, if you want to send more to developers or specific people in the future then I think it would be best to send EOS directly to them from your account instead of via the eden.fractal account.
This would make it simpler for everyone and reduce liability for Eden ƒractal. As the ƒractally team wrote in the article below, it’s generally better to avoid sending EOS to an MSIG account to help protect the community from being classified as a general partnership.
In the future, I think the only EOS that we should send to the eden.fractal account is the EOS needed to distribute participation rewards (and we should also phase this out in the coming year to further reduce liability).
https://fractally.com/blog/what-is-the-legal-standing-of-a-dao
https://hive.blog/fractal/@fractallymike/evolution-of-fractal-governance
https://fractally.com/blog/what-is-the-legal-standing-of-a-dao
Delaying The Disbursement Schedule
- Change the time of distribution to 1 week later or change the election date to 1 week earlier?
- This would provide a manual safeguard in a similar way Chris was speaking about. If the election was ever compromised, then the previous term CDs and delegates could use their active permission on the account to make a code change to recall the election
- A backup option if the delegates lacked technical capability to recall the election is to simply move the treasury to another account and later figure out how to import the smart contracts and tables. I don’t think this would ever happen. It’s probably not very difficult to recall an election
- Automate the
- CDs have a weight of 3
- Delegates have a weight of 1
- Review the bylaws/notion to see how eden members can currently recall an election
- 10% increase in members results in automatic recall of election?
- How many members/delegates
- Should all members of Eden have a vote?
- Should members have different weights based upon participation in other elections and events?
Make Equation:
Threshold = (nCD*3 [50%)) + (nD1
Maybe make it so that if we had 3 rounds in case fast growth
Top priorities:
Most helpful features for Eden? Yesterday I was thinking about raising funding for Edenia… What features would be most helpful to fund?
Discussed this during the last 20 minutes of CD meeting 7…
- Test and confirm that the 10% increase in membership initializing new election is working in smart contract
- MSIG Permission Change Automation
- first confirm #1
- Script to remove members who are acting maliciously
Reasoning
We are proposing these Bylaw changes for the following reasons
Goals
- Ensure long-term sustainability of Eden
- Make the best experiences possible
- Protect the minority from the majority
- Protect the majority from the minority
- MEA
- pioneering decentralized governance on EOS
Stakes and Opportunities
Eden has a prominent strong well known brand in EOS as decentralized governance. For example, the ENF writes Eden on website funding page and has covered eden in many reports. Most governance enthusiasts in Antelope community have gathered in Eden. Some people are skeptical of decentralized governance. Eden has opportunity to show EOS community model decentralized human community governance.
Provide Dependable Foundation to Foster Sustainable Growth
Protect/foster brand, experience, history, story, and culture of Eden
- Eden plays a unique role in both EOS and the world as the birthplace of true democracy and fractal governance.
- We have a responsibility and opportunity to greatly promote the adoption of true democracy and fractal governance as leading by example
- Maybe include link to my response to Luka about this a few months ago
- If we did have a problem then we could recover as a community, but it’s so much better to avoid tarnishing the reputation of Eden with mishaps.
- It could be understandable that first experiments don’t work. For example, many planes crashed before the Wright Brothers. Now, basically all planes work well and people greatly benefit from quick transportation around the world. A similar thing could potentially happen with Eden, whereby mishaps and ‘crashes’ could be overcome and greatly empower people over time. However, we should be careful limit the mishaps and make sure that no ‘crashes’ are too damaging for the community.
Empower Brands Building with Eden
Foster Eden as a sustainable base to grow communities, businesses, and brands. Several communities, businesses, and brands have already chosen to support the Eden community by tightly integrating the Eden into their community/brand/business operations. Example include:
- EdenFractal.com
- EdenCreators.com
- EdenBuilders.org
- Eden Spark
- Edenia
- Eden Reputation System
- EdenElection.com
- Eden Town Hall
- Eden China
- Eden Korea
- Many individuals who have their reputations closely associated with Eden
- Eden research
Eden should serve as a stable foundation for these and many more communities to grow.
Dependable, not dependent. All communities should strive for independence, but there is always a trade-off because independence comes with responsibilities. People only have so much time and have a limited capacity to handle responsibilities (and therefore independence)… Eden can provide value to these communities… who can choose to allocate dependence when necessary onto as stable support as possible… eden can be more stable, sustainable in long term with these bylaw changes
We advocate for Eden to empower the ecosystem by serving as stable foundation . Decentralized. Geared more towards sustainable growth than fast growth.
Sustainability
Potential Problems
There are currently potential problems (or holes in the ship) that could be detrimental to Eden’s growth
- CDs can decide not to change keys
- The majority is only protected from the minority by the process which recurs every 3 months
- Spoke about this during Helios twitter space august 19th
- Spoke about the need to be very careful at like 30 minutes into the CD meeting 7
- Low tolerance for mistakes
- Ie when you’re flying an airplane, make sure everything is right
- Attach notes about the floodgate effect
Why is it Important to Decentralize Eden Now?
Eden Could Soon Experience Rapid Growth
If the entire EOS ecosystem experience is rapid growth then the value of the treasury market value of the treasury could increase greatly in a short period of time. In the blockchain industry, many assets have increased by value and value by over 100 times over the course of a year, That is both the market value and total attention.
Currently we are a relatively small community and we know many or most of the people in the community and we have spoken with each other and so forth. But as the community grows more than Dunbar‘s number takes effect to some extent and we have limited capacity to know everybody. I think we can also increase Dunbar‘s number in a sense by having more reasons to meet and better cooperating systems, like going to many different fractal meetings each week and so forth.
But that aside, we do have limited time and there is obviously only a limited capacity to know so many people. And the ecosystem could experience rapid growth in the coming months and that could be an external factor that is happening with the entire EOS Community and not dependent upon just the actions of Eden that could greatly affect Eden. Both in terms of attention and financial stake and incentive to game the system.
Decentralization Can Help Eden Raise More Funding
In addition, these kinds of safeguards are essential to raise larger amounts of funding for the Eden community if that something that the community aims for and also restrains the ability of Eden to play a larger role in governance of the EOS ecosystem.
The block producers and the ENF would probably be much more likely to fund or formally provide power to the Eden community when the Eden community is working with a more comprehensive we designed and thoroughly safeguarded and complete software. Previously, as Chuck makes the point, the software has been left in an incomplete state. The Clarion team built the feature to automate election permission changes, but then they stop developing their future and didn’t complete it.
So this is one of the features that was a top priority for the Clarion team.
Priorities of The Original Designers
Automating account permissions changes was a top priority for the Clarion team. That’s another reason why it’s good to do this.
We are picking up where the original designers and creators left off and we are doing some thing that we know is a top priority for the original designers. Of course we can make her own decision independently with the original designers wanted, but it is a good signal for things that we probably want to do because they’re great designers and they prioritize it and so it makes sense that we should as well. And addition to all the other reasons that I was in this document here.
Technical Feasibility
- Luka and I speaks about features to automate the MSIG permission change at about 1 hour into the CD meeting.
- It’s already built for other permissions and seems fairly simple to implement for the active permission
I ask more about this and luka answers at like 1:15 or 1:30
It doesn’t affect the front-end
We’d need to be careful
Tradeoffs
Chris explains how the manual process of switching delegates is more of a feature because it protects community from illegitimate elections.
Luka explains that the 10% rule would protect from this and a team member said this it is in the code, but chris said it’s not in the bylaws
Has the 10% rule been activated and tested in the smart contract code
Is it in the bylaws?
Chris explains that
Design Considerations
What would happen when Eden On EOS grows beyond 21 delegates?
Will 22+ delegates be able to sign an MSIG transaction on EOS without issue?
Are there larger MSIGs in existence on EOS?
Can we test this now with an MSIG for 22, 30, 50, 100 accounts?
- Can anyone with knowledge of scripts do this faster than me?
- I might be able to do this in like an hour with a manual system, but if someone can test faster that would be great
- Also would be great to test at higher numbers…
Wait time for Eden CD Permissions
For example, 4/4 can instantaneously sign a transaction
3/4 plus a week delay, during which other members can voice opinions
Responsiveness to bugs . Increased MSIG can delay responsiveness to bugs that need attention. Luka explained during week 7 of CD meeting
Eden Respect and Reputation NFT Group Integrations
I mentioned this during the Helios twitter space on august 19th that we can use the Eden NFT group from people who have participated in:
- Prior elections
- Eden Fractal
- Genesis Fractal
- Alien Worlds Fractal
- Eden Town Hall NFTs could be retroactively
- Pop tokens from Fireside chat…
Potentially the total read and write time in eden members groups, Admin can see this
Fix the part where it says that everyone needs to read the bylaws during their election
Chris mentions this at like 45 minutes into the Eden CD 7 call. We have good discussion about the induction process throughout this part of meeting.
The recurring payment of 3 EOS
At like 1 hr in CD meeting 7, Chris mentioned the idea of formally adding this to the bylaws. It’s currently not in the bylaws
Hahn also mentioned raising the total amount earlier. And he mentioned staking/deposit right after Chris.
We could potentially take no action and this would eliminate the 3 eos fee except for new members. Could potentially remove entirely for the Legal Status of DAOs.
H
Bylaws
Need to be proposed and approved by at least 2 weeks
Election is on October 7th
- MSIG automation
- What if bad election?
- Individual updates
- Setting up a Tech.Eden account with CD MSIG to control extra funds raised for Edenia
- Using Tech Lead to propose new MSIGs for CDs.
- Discuss any other Bylaw
- Discuss member introduction process
- Need a contract to remove members.
- Payment and lack of payment of annual dues
- Should a ‘verified’ member have to participate in at least 1 election
- What would we as CDs do with surplus funds (price of EOS goes up, additional donation to Eden treasury)
- Bylaws:
- the bucket of funds for OpEx (for example) should be defined
- To be a ‘verified’ Eden member, the sibyl check takes place during an election, so arguable that an election participation is required to be a full-fledged member.
- The process to remove a member could be defined.
- Induction video process could have tweaks to expectations and wording. Current bylaw wording “8. All new members must be invited by 3 existing members on video, and the new member must read and agree to the Bylaws as enacted by the Chief Delegates.”
- New Eden Contract Ideas:
- Delegates can choose multiple accounts to withdraw their funds into (with a Memo)
- Creating a ‘remove member’ contract action is likely not too difficult and could be added by Edenia.
- Things to consider paying for with extra funds:
- set the msig to change the active keys for the Eden treasury perms to the next set of CDs
- membership is ‘verified’ after election participation
- need to be able to remove members (for a period of time, also remove their ability to be a witness)
- Using the bot for the election videos.
- Induction process could be updated to remove the need for a video, and also the Member NFT.
- MSIG tool (talk to Taras from Cryptolions on his Pomelo Pitch) to simplify MSIG creation and also maybe add a checkbox option to allow an MSIG creator to use the Eden CDs on their MSIG.
- Dynamic monthly distribution that caps draw rate and considers price of EOS and size of treasury (ie deposits made to the treasury during a term)
- Refining the
CD Meeting 7 Notes
(Written by Chris)
Discussion points: