Hey Armor Knights! With the DAO front end finally live, we want to get some proposals rolling. However, we need to make sure we have enough participation from our community on the voting process.
The DAO is a massive step in putting the protocol’s hands in the future of the community. Naturally, having the community involved in the voting process is integral to that. Nothing really changes if the team members are the only main voting bodies on future proposals. However, we understand that gas is expensive on the ETH network, so it is not reasonable to have all of our community voting on proposals.
Going forward, it will be important for people to delegate votes to other individuals to vote in their place. While this still will have transaction (and gas fee) associated with the initial delegation of your voting power, it will ensure that only a couple community members have to vote on the proposals, saving a majority of people from the recurring network costs required to participate. We understand even these one-time fees are prohibitive, and the team is discussing ways to refund people’s initial delegation cost, (possibly through some kind of airdrop).
With that said, I created this thread for our community members and vARMOR holders to introduce themselves to each other. Tell us who you are, a little about yourself (If you feel comfortable), and most importantly, if and why you wish to be nominated as a community delegate. Ideally, this role would work best to have 2-3+ individuals representing the community so that power is not consolidated to one person.
Let’s help turn Armor into an underlying concept for all DeFi!
