EckoDAO will have 3 main roles: eckoDAO Associate (level 1), eckoDAO Lead (level 2), and eckoDAO Core (level 3).
- First-time users will not automatically be assigned any role.
- To be assigned a role within the DAO, token holders will only need to apply to become an "Associate." Applications for admission of new Associates will always remain open.
- On the 21st of each month, a snapshot of the voting power of DAO members and new candidates will be taken.
- On the 25th of each month, the overall voting power ranking (i.e., the basis for assigning roles in the DAO) will be updated and released.
- Users will not require a role to vote for DAO proposals or to contribute to DAO grant programs and bounties. However, users are encouraged to work on these projects prior to applying to a role, as it would reflect and show their alignment with the DAO.
- Currently, users’ voting power is independent of their DAO role, it only depends on the amount of staked KDX and staking time.
- This aspect could be subject to changes in the future as more dynamics will develop. Anyone assigned with a specific DAO role will be able to relinquish their role at any point.
The role of Associate represents the entry level that any DAO participant can be granted. Necessary conditions to become an Kaddex Associate will be:
- Undergoing a KYC process through the DAO page.
- Being in the top 30 for KDX voting power size
Being assigned this role would allow a user to:
- Partake to any community-wide activity: live events, marketing campaigns and projects, content creation, and apply to become ambassador.
- Work on approved proposals for community driven projects.
- Establish work-groups within sections of the DAO.
- Nominate other valuable community members that have shown effective contributions to the DAO to take on a role in their specific working groups. Only associates or higher are eligible to be nominated.
- As per the initial DAO version 1.0, there will be a maximum of 20 associates. This is a temporary structure that will change as the DAO evolves.
EckoDAO Lead represents the level above EckoDAO Associate. Being assigned this role would allow a user to:
- Submit proposals for discussion.
- Act as advisors on specific working groups.
Any user can apply to become Lead members as long as they meet the following two criteria:
- Being in the top 10 for KDX voting power size.
- KYC verification required for all level 2 applicants. This is done to avoid account spamming, while also adding another layer of security.
- This could be subject to changes in the future, although it is not foreseen for the time being.
These requirements make sure that users with the role of eckoDAO Core can filter between bad and good actors within the DAO. As per the initial DAO version 1.0, only the top 10 users with the largest KDX voting power positions and KYC verification will be appointed as eckoDAO Lead. Limiting the initial number of Lead members acts as a prevention mechanism for malicious intent that would be otherwise difficult to stop for the other roles. With time, the roles will balance each other out and the number of participant roles might increase.
The Core role is momentarily reserved for eckoDAO Governance Committee members. This feature acts as the ultimate safety switch to prevent the DAO from collapsing due to malicious proposals. For this reason, they have the right to deny and reject proposals that introduce a legal or imminent threat to the DAO.
eckoDAO Core members will be gradually phased out over time, following along the decentralization process.
The Ambassador role is technically separated from the DAO decision-making mechanisms, but it is still part of the DAO. This means that users must hold a valid DAO role to be eligible for this position and be elected through the standard proposal process for a specific work group or activity. Ambassadors might be compensated in KDX, depending on their task.