Perpetual AssangeDAO Fund

General
1

I’ve been thinking about how we can evolve the idea of the “AssangeDAO Award” into something more aligned with our ethos and lasting impact. Instead of a one-off prize, what about setting up a perpetual AssangeDAO Fund, a fund that supports Ethereum projects (or aligned ones) that advance transparency, censorship resistance, and justice?

Basic Idea

-Use yield from staked ETH in the treasury to create a sustainable, perpetual fund pool.

-Support a few projects each year that align with our mission.

-Nominate from within AssangeDAO worthy projects - Or have application rounds.

-Bring in other DAOs or Partners (Juicebox, PAK, etc.) to nominate projects or individuals.

-Different rounds of voting within the DAO to choose short list, Wallet Weighted, Token weighted and/or Issue a new AssangeDAO Fund voting token.

-Keep the final decision with Julian, maintaining the integrity and original purpose of the DAO - this is an important peice and will make the fund very unique.

This way we:

-Keep the treasury intact, but make it active and regenerative.

-Build bridges across the ecosystem.

-Create a long-term, living legacy for AssangeDAO that continues to fund freedom.

-Give the AssangeDAO a real purpose and goals to keep it moving forward each year as the funding rounds are administered.

Would love to hear your thoughts.

Two ways to bring in more funds to this award is sell the Julian Assange x Pak NFT - with the purpose of using the proceeds to inject into the fund AND/OR issue a new fund voting token(would need a robust plan)

2 Likes
2

The progress is too slow, I hope to speed up the progress

3

This sounds like a good idea. We should try it, but at present, there is only 198eth in the treasury, and it will not produce enough profit even if it is pledged all. My suggestion is to divide it into two parts. As you said, take out half of the eth to establish the Assange dao foundation as a long-term project development combination, and take out the other half of the eth to build a token economy, such as increasing the v3 flow pool of uni, so that justice liquidity is stronger, so that The market gets healthy transactions, and in addition, justice is bought back from time to time and put into the treasury as an ecological incentive fund pool in the future. This separate operation can make the project go into operation faster, so that more people can participate, and the token liquidity has no value. This is the consensus!

1 Like
4

I think the DAO should aim to get one project off the ground soon. If this one has the Consensus Unit support - it should be looked at carefully as that is one of the obstacles to make things happen faster already removed!!! Good to see your input here.