DAOstack is the name of an operating system for collective intelligence. It is standing as the Decentralized Autonomous Organization. The abbreviation describes the job. It formulates an exceptional technique of human relationship. It confines the imagination of the best minds for the blockchain space.
It is basically an essential missing factor for the solid framework for the decentralized blockchain governance. It is for the most part scalable for the resilient governance protocols in sustain of the dealing out for a larger number of crowd decisions in a valuable approach. Attention funnel is a trick to improve the scalability and to set the focus on the collective attention. It follows a protocol to solve the issues related to the scalability.
Action Funnel
It has the programmatic focus on collective attention while taking some important decisions to enhance the attention per decision with a guarantee of resilience. It is one of the simplest decision-making protocol for potentially decentralized resilient and partially scalable agents that the organizations can have in terms of making decisions. The protocol follows these steps as well:
Proposals: The decisions will be commenced by the proposals that will be put forward by the agents voted on yes or no.
Reputation: Agents will be voting for the subjective reputation for detained the single reputation system as per the company. Some sub-companies or sub-sub-companies in DAO can have a center of attention on some précised branches of production for decision making. This is the fractal framework for the concept of a single status as per company becomes unthinkable.
Boosted Proposals: The instant the proposal gets boosted, it turns out to be open for the voting for predetermined times. At the end when the decision is made as yes or no. it will be going through by the agreement of the qualified bulk of the reputation of the voters.
Quiet Ending: All successful decisions cannot be distorted by keeping it away from finalization of assaults. By the end of an intermission, this will ultimately become the last day of the opening and it can be altered through yes-no votes. The opening interval will expand by another day. The votes cannot be misrepresented and it will be stopped just the once the decision is made.
Boosting Stack: At some points in time, a finite number of boosted proposals need to stand in a queue in a specific order for a ranking system. While the proposal is in the boosting stack for finalizing, the proposal will be at the highest rank of the queue entering into the boosting stack will be open for a finite time for voting.
Promotion: It can be propagated by anyone to send a proposal to the queue by placing a GEN token on a stake. If the proposal becomes successful then the promoters can get back their token with some possible amount of profit. Or else it would be destroyed by moving towards the DAO. It can also be distributed to the voters according to the specifics of the protocol.
Ranking System: The proposals at the queue can be functioned as R+, R- and B. R+ or R- is the amount of reputation for voting yes or no and B is the total amount of the tokens that have been staked to promote the proposals. It is a simple and sensible choice for anyone whoever wants to promote the existing proposal and proposer.
Rather than limiting by the numbers of boosting proposals, it will have a threshold for the scoring of functions in a queue. This will happen when the proposals are boosted and the alternatives are solved for scalability. But somehow the potentiality will comprise the resilience and then some additional elements will be required to deal with other problems.
Website : https://daostack.io/
Telegram : https://t.me/DAOstackChannel
Twitter : https://twitter.com/daostack
ETH : 0xfF16e948C65810225a26D247a66f5513f5c37f59
I had some answers from your article , thanks
Nice post !! Upvoted and got some idea of GEN token work