StableLab Governance Feed
Swipe to the left to see more data
StableLab Governance Feed
Date
Description
Protocol
Type
Info
Policy & Conduct
Ethics & Values
Trust
Act unbiased, transparent, according to our code of conduct
Quality assurance
Use evidence, research and similar cases as a guideline for our contribution
Active
Support only proposals that are beneficial to the protocol and aligned with our values and policies
Research
Interact with DAO’s in a professional manner and disclose any potential conflict of interest
Conduct
Concise
Act in a productive, informative, and understanding manner
Quality assurance
Use internal reviews to ensure consistent work quality
Research
Back proposals with research and previous expertise insights
Active
Always attend & share feedback in relevant working groups & community calls
Policy
Lean governance
Promote lean governance frameworks by reducing operational overhead
Implementation
Focus on implementation of delegation frameworks and decentralized workforce
Decentralization
Start from gradual to full decentralization as an end goal
Innovation
Encourage DAO and governance innovation to push the space forward
Element Finance before StableLab
Before StableLab started contributing to Element Finance, the DAO lacked the operational structure needed for the DAO to function properly. Additionally, Element DAO also lacked a practical contributor framework; through our work, we were able to address the operational and governance issues that were vital to delivering the current decentralized day-to-day operations of the Element Finance DAO. Swipe for more information.
1
How did our work help the Element Finance DAO?
After creating the Governance Steering Council (GSC), our work ensured that a certain level of cadence was followed within governance processes to ensure governance participation. We also attached responsibilities to the GSC role, and along with these responsibilities, we introduced compensation for GSC.
Additionally, after formalizing Element DAO’s workstreams and dividing these groups into pods leveraging the Metropolis (formally “Orca Pods”) coordination tool, our work turned a team of two individuals into a functional team of 12 individuals working in various working groups. By helping to evaluate and organize contributors, we have contributed to boosting Element DAOs role in supporting the Element Finance Protocol’s day-to-day operations.
4
How did we help Element Finance?
StableLab has played a crucial role in designing the governance and coordination layer at Element Finance. The Element Finance Protocol offered a successful fixed-income yield product; however, the team wanted to decentralize and incentivize skilled contributors; this is where StableLab came in.
Utilizing the governance processes designed by the Element team, StableLab sets a standard for quality proposals; only well-thought-out proposals that benefit the Element Finance protocol can make it through the governance pipeline.
The StableLab team also designed a contributor program by breaking down contributor teams into Pods; by leveraging the Metropolis (formally “Orca Pods”) coordination tool, StableLab was able to help organise effectively, rewarding and holding contributors accountable.
2
Why did we help Element Finance?
At StableLab, we are dedicated to improving the quality of Governance across the ecosystem; we do this at Multiple DAOs where we operate as delegates or hold leadership positions.
At Element Finance, we started our journey as the Operations Lead, and in recognition of our efforts, we received enough ELFI delegation to become a member of the Governance Steering Council (GSC); through our positions as Operations Lead and Member of the GSC, we have created and continue to create value for the Element Finance Protocol as part of our duty to the DAO and our broader contribution of net positive impact to the ecosystem.