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This is a proposal for ShapeShift to collaborate with Hats.finance to create an on-chain, free, non-custodial, scalable and permissionless incentives pool for hackers/auditors to protect the ShapeShift smart contracts.
First off, apologies in advance to everyone that is tired of the fee debate. If it were up to me, we would instead be focusing this energy on solving problems for users and building things they actually want. Of course I’m just one community member, and fortunately it’s not up to me. It’s up to you (and you, and you..). To everyone reading this, thanks for taking the time to read my arguments for why we should not enable fees at this time along with a proposed alternative.
As many of you know, the topic of whether ShapeShift should charge fees on top of the protocols and services that it integrates is one that I’ve been pondering for years. If you haven’t already, I invite you to check out either this
The EIP-4824 1 standard defines common interfaces for DAOs via daoURI, akin to tokenURI for NFTs. This proposal will extend ShapeShift DAO to EIP-4824 by deploying a new registration contract through a contract interaction with the EIP-4824 factory maintained by DAOstar.
This proposal does not involve any transfer of funds or changes to ShapeShift's contracts. DAOstar, with the help of a recent grant from Optimism, will help generate a daoURI to help ShapeShift adopt EIP-4824.
1. Summary - In order to fully decentralize the backend of ShapeShift, it is vital to have a source of reliable, indexed, and decentralized node data for all chains that are supported by the ShapeShift interface. If anyone is going to host decentralized copies of indexed node data, there needs to be an incentivization structure in place to reward them for their work. Now that Phase 1 of the original FOXChain proposal has been completed, this proposal is being put forth to formalize and fund the development of the new chain based on research of Phase 1 (documented
This proposal establishes the Treasury Signer Selection Committee which will be responsible for vetting and appointing new Treasury Signers for the ShapeShift DAO.
It also establishes the Treasury Signer role as a full-time paid role of the ShapeShift DAO with a formal job description, duties, standards of conduct, and compensation.
Testing the gating powers.
10fox gating vote.