Introducing an expreimental governance wrapper around allocation, and general interaction with specific allo grant vault and registery infrastructure
Overview
Welcome to Decentral Initiative Guild (DIG), DIG is a governance wrapper contract designed to empower initiative creators and knights in managing and executing tasks efficiently and securely in a decentralized fashion.
Although still a WORK IN PROGRESS. DIG is set up to leverage all existing features of the Allo protocol
Key Features
Governance at its Core: DIG utilizes a decentralized governance model that ensures fairness and transparency. Initiative creators can propose tasks, and knights can vote on the allocation of grants. This model will hopefully allow for a possibly infinite extensibility of the current functions and will allow for growth as the code of the Allo protocol eventually grows
Registry Integration: Leveraging Allo as a decentralized database, providing a comprehensive list of initiative creators and knights. This integration ensures a trustless and verifiable environment for participants.
Decentralized Task Execution: Knights, the task executors, play a crucial role in the DIG ecosystem. They are incentivized through on-chain payments for successfully completing tasks, fostering an active and engaged community.
Interoperability: DIG is designed to work seamlessly with all implementations of Allo across all blockchains it is deployed to.
Getting Started
To begin using DIG, follow these steps
Initiative Creation: Initiative creators propose tasks and allocate grants through the DIG governance system. Clearly outline the scope, deliverables, and grant amount.
Registry Access: Leveraging the Allo registery to know participants previous history across the Allo ecosystem of grant allocation
Governance Participation: Knights can participate in the governance process by voting on proposed initiatives. This ensures that the community has a say in the allocation of grants.
Task Execution: Knights can choose tasks based on their expertise and availability. Upon completion, funds are automatically transferred to their wallets, creating a seamless and trustless payment process.
Ideals
DIG hopes to incorporate practices around
Smart Contract Audits: All components will always be availalble for any member to audit the code, and fund structure setup by the Knights, Guardians and any Protocol Custodian.
Decentralized Identity: The registry ensures that all participants are verified and have a decentralized identity, adding an additional layer of security.
Permissionless Access: DIG is designed to be permissionless, ensuring that anyone can participate.
Roadmap
Phase 1 - MVP Development: Implement core features, including the registry, governance, and task execution.
Phase 2 - Continued MVP Development based on feedback from Community, Current Industry Players
Phase 3 - Audit: Conduct comprehensive security audits to ensure the robustness of the system.
Phase 4 - Mainnet Launch: Deploy DIG on the mainnet, allowing users to actively participate in the decentralized governance and grant allocation process.
Stay connected with us for updates, discussions, and collaboration opportunities:
Contributor: @sudotx
DIG is an open source experiment for the Allo on Arbitrum hackathon driven by the idea of democratizing onchain fund allocation.
Join us in shaping the future.