Hello, my comment is not a question as such, rather it is a perspective after witnessing the last year of evolution of Centrifuge DAO.
I am excited to see this proposal, I believe that the people who make up this group will do an excellent job, just as they have already been doing.
I think that the formation of Treasury Advisory Group within Centrifuge DAO will be key for the development and execution of the treasury, even more so if we consider that we are in the prelude to implementing OpenGov.
As you know a decentralized autonomous organization (DAO) is an emerging form of organizational structure with no central governing body and whose members share a common goal of acting in the best interest of the entity, in this context and considering that the key to a DAO is the lack of central authority, mandate groups seem like the best way forward for Centrifuge DAO.
On the path to decentralization, DAOs have a fundamental role; In several protocols, a large part of the activities and development of a project are in the hands of the DAO, such as marketing, protocol development, event organization, content creation, business development and treasury spending in general.
Some observations and comments about it from my humble opinion:
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There is a philosophy of “Doing something is better than doing nothing, someone must propose initiatives and a path to follow within the DAO” as there is no central entity that can direct the path of the DAO as a CEO would do it in a traditional company. Regarding the above some protocols have chosen the strategy of implementing bounties with budgets assigned according to the objective to be achieved.
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In my opinion, waiting for the people/companies make proposals on the DAO/Treasury is not enough, I consider that it is important to act with intentionality, that is, that the mandate groups that are created can intentionally go in search of the right people and businesses to each objective that is intended to be achieved, In summary this is “go for what you want instead of waiting for them to come for you”.
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From my point of view, if it is necessary to hire more professionals through the DAO to help the protocol to succeed, then this can be done via the DAO, and these people or companies to be hired do not necessarily have to be within the blockchain industry, even the DAO could hire traditional companies, such as, a company dedicated to human resources will be in charge of the hiring process for the DAO.
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One thought I have is the fact that a DAO is decentralized does not prevent it from collaborating or even contracting with traditional centralized companies. Why not take the best of both worlds?
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Bounties created by the community can be excellent options, but if they are not executed by the right people/professionals this can mean their failure, hence the importance of the previous points.
Finally, the general idea I share here is to intentionally create mandate groups that take the best of traditional business structures.
Example:
Intentionally organize the DAO taking the best of known business structures. This is my perspective from where I am as a community member of the DAO.
Greetings!