<100 subscribers
Share Dialog
Share Dialog


Wikipedia states that metagovernance is "governance of governance", which is an abstract concept that can be confusing.
In the crypto world, web3 is a group of crypto users focused on forming a crypto interconnection, and dao is a gathering of users who hold governance tokens (or otherwise) to make group decisions about projects. Metagovernance, as collective governance, is more like a combination of them.
Projects with governance tokens publish proposals through channels such as snapshot, froum, etc, After a temperature discussion, a draft, a formal proposal and a final vote (pass or reject).The whole process is participated by the core users and project members who hold governance tokens, although they have made corresponding regulations on the number of participants quorum and votes. However, the governance process has a small number of participants and a small coverage (a governance project has at least thousands of token-holding users, but only a few hundred or even fewer users participate in the project governance). Users who want to participate in the governance of the project, but do not hold the appropriate governance tokens, are never able to do so. The entire ecosystem is fragmented, and everyone is limited to their own circle.
Here I will mainly focus on the metagovernance V0, which was explored in the early stages of RabbitHole. The rabbithole uses its own voting rights as an intermediate layer, connecting projects and users, with the final outcome of the vote being decided by the users, which will be very beneficial in extending the reach of the DAO.
RabbitHole advocates on-chain credentials to link all crypto projects together with on-chain credentials to form an ecosystem, laying the foundation for driving web3 development.
Nowadays, the crypto field mainly revolves around (dao\nft\defi), and RabbitHole happens to develop its own skill credentials around these three major fields, while using dao skills as a prerequisite for participating in RabbitHole metagovernance.
RabbitHole's metagovernance focuses on bringing together a group of crypto users to participate in the governance of projects where the treasury holds governance tokens. metagovernance is a niche area that involves voting, policy, education, research, etc., forming a complete chain.

In RabbitHole's metagovernance, we can be protocol experts, support experts, policy experts, education experts, research experts and so on, and we can make full use of our respective strengths to contribute to the promotion of metagovernance. In the past v0 phase, RabbitHole has made active exploration and innovation by deeply participating in 8 governance projects, from proposal initiation, voting initiation, and finally the committee of RabbitHole cast their sacred votes on behalf of all deeply participating users, this vote represents not only RabbitHole, but also a group of users who actively participate in governance.

The easiest thing to do is to vote, to vote for your own decision each time a protocol expert initiates a poll, and to post your own suggestions for each proposal. Some users like to publish articles. In the process of participating in metagovernance, you can collect feedback from users, combine it with your own reflections and go on to publish your summary article, which is both an awareness of metagovernance and can form a good education, as he is also part of driving metagovernance forward.

Because most users do not hold governance tokens themselves, they are not highly motivated to participate in the governance process, believing that it is not in their interest.
Few users participate in governance, which is a real problem faced by all community governance, and there may be times when a few people represent the majority.
When initiating a vote on a protocol expert, many users do not have a deep understanding of the content of the proposal, and many times they follow the recommendations published by the relevant expert, and tend to travel their voting rights based on the existing voting trends when voting.
Create a compensation mechanism, which is an approach almost all projects consider when pushing, as it is a 100% winning technique to engage users. Pushing users into teams, doing team-like work (projects left to community autonomy), maybe they should get paid for similar work.
Create a reward mechanism, for discord active users maybe add xp and roles,, or poap\nft, even if these have no practical value, but seem to be well received as a symbol of their work.
Improve the role of on-chain credentials, and strengthen cooperation with different governance projects to expand the reach of on-chain credentials and do cross-coverage of users on both sides. (This could be the future trend of community governance in the web3 ecosystem, where everything is interconnected and growing together)
First of all, I am very grateful to RabbitHole for giving me the opportunity to participate in the exploration of the V0 phase of metagovernance.
I think the metagovernance launched by RabbitHole has sublimated the concept of “learn to earn", allowing users to not only be rewarded for learning (the brightid and ens tasks launched in the early stages of RabbitHole have given many users great rewards), but also to drive more crypto-new users to get involved in governance, understand the core of the project and contribute, and be compensated accordingly. RabbitHole promotes the virtuous cycle of on-chain credentials, governance, and contributions, becoming a pioneer and explorer of web3 while driving more crypto users into the crypto ecosystem (web3).

RabbitHole website:
RabbitHole discord
Wikipedia states that metagovernance is "governance of governance", which is an abstract concept that can be confusing.
In the crypto world, web3 is a group of crypto users focused on forming a crypto interconnection, and dao is a gathering of users who hold governance tokens (or otherwise) to make group decisions about projects. Metagovernance, as collective governance, is more like a combination of them.
Projects with governance tokens publish proposals through channels such as snapshot, froum, etc, After a temperature discussion, a draft, a formal proposal and a final vote (pass or reject).The whole process is participated by the core users and project members who hold governance tokens, although they have made corresponding regulations on the number of participants quorum and votes. However, the governance process has a small number of participants and a small coverage (a governance project has at least thousands of token-holding users, but only a few hundred or even fewer users participate in the project governance). Users who want to participate in the governance of the project, but do not hold the appropriate governance tokens, are never able to do so. The entire ecosystem is fragmented, and everyone is limited to their own circle.
Here I will mainly focus on the metagovernance V0, which was explored in the early stages of RabbitHole. The rabbithole uses its own voting rights as an intermediate layer, connecting projects and users, with the final outcome of the vote being decided by the users, which will be very beneficial in extending the reach of the DAO.
RabbitHole advocates on-chain credentials to link all crypto projects together with on-chain credentials to form an ecosystem, laying the foundation for driving web3 development.
Nowadays, the crypto field mainly revolves around (dao\nft\defi), and RabbitHole happens to develop its own skill credentials around these three major fields, while using dao skills as a prerequisite for participating in RabbitHole metagovernance.
RabbitHole's metagovernance focuses on bringing together a group of crypto users to participate in the governance of projects where the treasury holds governance tokens. metagovernance is a niche area that involves voting, policy, education, research, etc., forming a complete chain.

In RabbitHole's metagovernance, we can be protocol experts, support experts, policy experts, education experts, research experts and so on, and we can make full use of our respective strengths to contribute to the promotion of metagovernance. In the past v0 phase, RabbitHole has made active exploration and innovation by deeply participating in 8 governance projects, from proposal initiation, voting initiation, and finally the committee of RabbitHole cast their sacred votes on behalf of all deeply participating users, this vote represents not only RabbitHole, but also a group of users who actively participate in governance.

The easiest thing to do is to vote, to vote for your own decision each time a protocol expert initiates a poll, and to post your own suggestions for each proposal. Some users like to publish articles. In the process of participating in metagovernance, you can collect feedback from users, combine it with your own reflections and go on to publish your summary article, which is both an awareness of metagovernance and can form a good education, as he is also part of driving metagovernance forward.

Because most users do not hold governance tokens themselves, they are not highly motivated to participate in the governance process, believing that it is not in their interest.
Few users participate in governance, which is a real problem faced by all community governance, and there may be times when a few people represent the majority.
When initiating a vote on a protocol expert, many users do not have a deep understanding of the content of the proposal, and many times they follow the recommendations published by the relevant expert, and tend to travel their voting rights based on the existing voting trends when voting.
Create a compensation mechanism, which is an approach almost all projects consider when pushing, as it is a 100% winning technique to engage users. Pushing users into teams, doing team-like work (projects left to community autonomy), maybe they should get paid for similar work.
Create a reward mechanism, for discord active users maybe add xp and roles,, or poap\nft, even if these have no practical value, but seem to be well received as a symbol of their work.
Improve the role of on-chain credentials, and strengthen cooperation with different governance projects to expand the reach of on-chain credentials and do cross-coverage of users on both sides. (This could be the future trend of community governance in the web3 ecosystem, where everything is interconnected and growing together)
First of all, I am very grateful to RabbitHole for giving me the opportunity to participate in the exploration of the V0 phase of metagovernance.
I think the metagovernance launched by RabbitHole has sublimated the concept of “learn to earn", allowing users to not only be rewarded for learning (the brightid and ens tasks launched in the early stages of RabbitHole have given many users great rewards), but also to drive more crypto-new users to get involved in governance, understand the core of the project and contribute, and be compensated accordingly. RabbitHole promotes the virtuous cycle of on-chain credentials, governance, and contributions, becoming a pioneer and explorer of web3 while driving more crypto users into the crypto ecosystem (web3).

RabbitHole website:
RabbitHole discord
No comments yet