Hello everyone in the 1hive community! The following thread will talk about the projects going on in the Gardens Swarm in order to have better comms with the rest of the community. Please consider dedicating a 20-30 minute read to get to know the Gardens Swarm better, I can assure you you’ll find their objectives to be fascinating and of great benefit to 1hive!!
The Gardens Swarm, with the collaboration and co-funding of TE Commons, manages the development of the Gardens Template, which will allow communities to stake tokens for signaling attention, prioritize proposals, and collectively allocate shared resources in the same way we do.
How is the Gardens Swarm achieving this?
First of all, there are two different template flavors:
- The Honey Template: Works with token issuance just like 1hive does. Currently the Luna Swarm is working in a cadCAD model that will improve the issuance model.
- The Commons Template: Uses the Augmented Bonding Curve for issuance and Hatch for Initialization.
Let’s take some steps back so we can understand some information essential to define the Gardens Swarm objectives:
- Conviction Voting: a decision making process that funds proposals based on the aggregated preference of community members, expressed continuously. In other words, voters are always asserting their preference for which proposals they would like to see approved, rather than casting votes in a single time-boxed session. A member can change their preference at any time, but the longer they keep their preference for the same proposal, the “stronger” their conviction gets. This added conviction gives long standing community members with consistent preferences more influence than short term participants merely trying to influence a vote. More Info
- Augmented Bonding Curve: aligns the incentives of a community to support an underlying public good. It solves the liquidity problem for small market cap economies by creating and destroying tokens on demand, and creates continuous funding streams to support community projects via entry and exit tributes. More info
- TEC (Token Engineering Commons): is a hard-working community that hopes to advance the field of Token Engineering by creating an economy to support aligned projects. They work side by side with Gardens Swarm as the Commons Template’s first user. They’re also co-funding the Gardens Template project. More info
- Hatch: The social and economic initialization phase of a Commons Template Gardens. The Hatchers equate to the founding members of the community and provide the initial capital that will be used to achieve the goal of the Commons. More info
- Celeste: Another one of 1hive’s projects with AMAZING potential. Celeste as some of you know is working hard on governance improvements, mainly a tool that will allow communities to challenge proposals in DAOs (specifically making the voting and conviction voting apps “disputable”) in a decentralized way, using the HNY token as the core part of its economic model. More info
- cadCAD: complex adaptive dynamics Computer-Aided Design. Helps the decision making process for designing token economies by simulating different outcomes, this way the token engineers have further information on the impact of their choices of parameters. cadCAD is not only useful for economic design but also computer-aided governance, as the Luna Swarm shows. More info
- Luna Swarm: The Luna Swarm is a collaboration of individuals and organizations that seek to rigorously model the 1Hive ecosystem in cadCAD, providing tools for operational decision support including future design and governance decisions. More info
Why is the Gardens Template important for 1hive?
- The Gardens Template will make possible for communities to organize and work towards a common goal. Imagine making what we have in 1hive accessible for more people and improve it together. 1hive is about creating value around Honey, and a product with such potential should involve the participation of the whole community. @griffgreen gives a more thorough explanation in this forum post I’d highly encourage everyone to read.
- One of the near goals of the Gardens Swarm is to have better communication with its community so we can count with your support, as well as your suggestions and ideas for improving the templates. Get involved! This is how you can start:
Weekly forum thread:
- Follow this thread by enabling notifications! There will be updates every Wednesday. @boring877 is already doing a great job with biweekly recaps, which will include a summary of our Wednesday post.
- The Gardens Swarm holds a weekly meeting every Monday at 2pm NYC time. Status for current projects is discussed here. This meeting has already been added to the 1hive Google Calendar. Feel free to jump in!
Gardens Swarm AMA:
- We’re having a Gardens Swarm AMA on Feb 4th 4:00PM UTC. For this we’re gonna need some help from our friends at the Buzz Swarm! Let’s talk about how we can make this event a success!
- The AMA will have @griffgreen @lkngtn @willjgriff @sem and @gabi interacting through different live social media platforms the Buzz Swarm has been working on the past months like the Telegram group, Twitter and YouTube.
- Other sources:
- Weekly forum thread:
TL;DR: (Too long; didn’t read):
If you wanna get all of this in a general way in 5 min, watch this summarized interview with Griff Green, one of the Lead Researchers of the Gardens Swarm, co-founder of the Commons Stack, Giveth, White Hat Group, and DAppNode. Full version of this interview can be found here.
We look forward to seeing you get involved with the Gardens Swarm’s incredible projects! See you next Wednesday