Hello friends and bees - I’d like to propose that 1Hive begin to participate in UberHAUS DAO.
What is UberHAUS? UberHaus Is Alive 🧟♂️. If you’re seeing this it means we’ve… | by James Waugh | DAOhaus.club | Medium
It’s the DAO of DAOs that governs the HAUS token and acts as an umbrella org for all of the Moloch DAOs summoned in the DAOhaus framework
Why should we participate? UberHAUS includes some of the most innovative and active DAOs around today. DAOhaus in particular is a complement and competitor to Gardens. It’s in our interest to strengthen our ties with this community, align our mutual interests, and have a seat at the table when they discuss their plans. On a more pecuniary note, 1Hive would also stand to accrue a non-trivial amount of HAUS rewards for participating.
How do we participate? Only Moloch DAOs are eligible to participate. As such, I could stand up a Moloch DAO (
1Hive Embassy DAO) to serve as an “adapter.” Embassy DAO would then nominate a Delegate to attend UberHAUS proceedings & governance participation.
I propose that Embassy DAO be structured as such:
- Any contributor of 1Hive in good standing can propose to join by offering between 0.1 and 1.0 HNY as tribute to join the Embassy DAO
- Proposing members can request / receive 1 share per .1 HNY tributed, i.e., max 10 shares
Entry to UberHAUS requires holding a minimum of 500 HAUS in the participating DAO treasury (Embassy in this case). At present prices, that’s about ~15 HNY. Therefore, there’s two paths to funding UberHAUS participation.
- Embassy DAO membership share pledging accumulates enough HNY to buy the HAUS needed outright (i.e., 15 1Hivers tributing 1 HNY each)
- Shortfall is made up by making a request proposal to the HoneyPot, which would be directed to an Embassy DAO minion (a smart contract used to store funds outside of the DAO bank, b/c bank funds are subject to disbursement by ragequit)
What do y’all think?