Hello Community,
I have a contrary opinion, especially when it comes to the creation of country/region/continent-based DAOs. I will highlight my concerns across three points:
- Continent-based DAO or Country-based DAO:
The whole of Africa has about 52 countries, but just one DAO, similar to Europe and Latam. Don’t get me wrong, what I am saying is that we should ensure equal representation across the ecosystem. What are the metrics for justifying the creation of a new regional DAO? Population, country size, transaction volume from the region, influence, etc.?
- DAO or Local Nodes:
We should have a clear objective for these DAOs. These DAOs should have voting powers in global governance. Maybe we can start by delegating a certain amount of voting power to regional-based DAOs. The term “DAO” in this case seems more like a local Celo Node. What power do members of these DAOs have? If you look at the activities of these DAOs and their structure, it’s more like a local Celo community than a DAO.
- Adopting Better Governance:
Before now, I have been intending to post that the current Celo Gov call seems centralized. Let’s emulate the approach used by Arbitrum and Optimism by encouraging the likes of L2BEAT, etc. to host calls on the proposal. This will lead to active participation. However, if regional DAOs can host their own gov calls and interact with those submitting proposals, the ecosystem can make more informed decisions.