Madhavan MalolanPermissionless Hierarchy : A new way to look at DAOs.
DAOs are the biggest misnomer of web3. They don’t work, and no one seems to know how to make it work. Here, I present a view to challenge the way we look at DAOs to begin with. The take-away for me from 2 days of DAO discussions in Amsterdam is nobody has figured out how to manage the chaos to get anything useful done in a DAO. DAOs are today just a glorified Discord channel with no clear route to be either Decentralized (what does that even mean?) or Autonomous. “DAO” is a marketing gimmick....
Madhavan MalolanRequest to build - Decentralized NFT based lending protocol
A completely decentralized protocol that lets people borrow money from the treasury by producing an NFT. This is to be built on top of LooksRare, because LooksRare is decentralized and hence infinitely composable.Borrow at floor priceProduce an NFT from an NFT collection on LooksRare. The maximum amount you can borrow against the NFT is the minimum floor price of that collection over the last 30 days. You can only deposit verified collections’ NFTs - for securing the protocol. Open to any oth...
Madhavan MalolanRequest to build - A decentralized Audit Marketplace mechanism design
Auditing wait times on top audit firms are 9-12 months and expensive. We need something that is more participative and allows for new and yet-unproven security auditors. Here I propose a decentralized audit marketplace that turns the auditing process into a prediction marketplace.1. Select a juryA jury is usually reputed security engineers. This jury doesn’t do the audit itself, but only signs off a reported vulnerability as a real bug. There are 5 jury members selected for every audit. They ...
Founder [Questbook (YCw21)](https://questbook.xyz) Writing about things that need to be built in web3
Madhavan MalolanPermissionless Hierarchy : A new way to look at DAOs.
DAOs are the biggest misnomer of web3. They don’t work, and no one seems to know how to make it work. Here, I present a view to challenge the way we look at DAOs to begin with. The take-away for me from 2 days of DAO discussions in Amsterdam is nobody has figured out how to manage the chaos to get anything useful done in a DAO. DAOs are today just a glorified Discord channel with no clear route to be either Decentralized (what does that even mean?) or Autonomous. “DAO” is a marketing gimmick....
Madhavan MalolanRequest to build - Decentralized NFT based lending protocol
A completely decentralized protocol that lets people borrow money from the treasury by producing an NFT. This is to be built on top of LooksRare, because LooksRare is decentralized and hence infinitely composable.Borrow at floor priceProduce an NFT from an NFT collection on LooksRare. The maximum amount you can borrow against the NFT is the minimum floor price of that collection over the last 30 days. You can only deposit verified collections’ NFTs - for securing the protocol. Open to any oth...
Madhavan MalolanRequest to build - A decentralized Audit Marketplace mechanism design
Auditing wait times on top audit firms are 9-12 months and expensive. We need something that is more participative and allows for new and yet-unproven security auditors. Here I propose a decentralized audit marketplace that turns the auditing process into a prediction marketplace.1. Select a juryA jury is usually reputed security engineers. This jury doesn’t do the audit itself, but only signs off a reported vulnerability as a real bug. There are 5 jury members selected for every audit. They ...
Founder [Questbook (YCw21)](https://questbook.xyz) Writing about things that need to be built in web3
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A quick way to do npx hardhat deployment-status that looks at all the contracts you have deployed so far.
https://hardhat.org/advanced/building-plugins.html
Fetch all the contracts that have been deployed by the default account. Map them to their ENS name if available.
For each contract, show the following statistics
How much gas has been used in interacting with each contract. i.e. sum of gas used by all function calls on this contract.
Number of unique accounts that have interacted with this contract.
Use a heuristic to determine the rank of this contract in comparison to the other contracts that have been deployed.
Get creative on how to create a score for each contract & index contracts and their scores at regular cadence.
Is there a place where they can get instagrants from for this contract, based on the above score? Integrate with Grant Providers and DAOs for this.
Use Data from
Alchemy/Quicknode for information on contracts that have been deployed and the amount of gas used by calling functions
Questbook insta-grants & other DAOs
If we approve the scoring mechanism that you have created, Questbook will provide instagrants to the top 1% contracts.
There is a grant of $5,000 to build this hardhat plugin.
To build this, please write a proposal with :
What is it that you are going to build with technical specifications in depth?
What technology will you use?
What is the architecture?
Why are you the right person to build it? In decreasing order of relevance :
Already built an MVP for this
Previous work on Github
Previous experience/credentials
What are the milestones for this? For each milestone :
What is the deliverable?
When?
How much money you need to be disbursed upon completion of that milestone?
What help do you need from Questbook team to complete this task?
A quick way to do npx hardhat deployment-status that looks at all the contracts you have deployed so far.
https://hardhat.org/advanced/building-plugins.html
Fetch all the contracts that have been deployed by the default account. Map them to their ENS name if available.
For each contract, show the following statistics
How much gas has been used in interacting with each contract. i.e. sum of gas used by all function calls on this contract.
Number of unique accounts that have interacted with this contract.
Use a heuristic to determine the rank of this contract in comparison to the other contracts that have been deployed.
Get creative on how to create a score for each contract & index contracts and their scores at regular cadence.
Is there a place where they can get instagrants from for this contract, based on the above score? Integrate with Grant Providers and DAOs for this.
Use Data from
Alchemy/Quicknode for information on contracts that have been deployed and the amount of gas used by calling functions
Questbook insta-grants & other DAOs
If we approve the scoring mechanism that you have created, Questbook will provide instagrants to the top 1% contracts.
There is a grant of $5,000 to build this hardhat plugin.
To build this, please write a proposal with :
What is it that you are going to build with technical specifications in depth?
What technology will you use?
What is the architecture?
Why are you the right person to build it? In decreasing order of relevance :
Already built an MVP for this
Previous work on Github
Previous experience/credentials
What are the milestones for this? For each milestone :
What is the deliverable?
When?
How much money you need to be disbursed upon completion of that milestone?
What help do you need from Questbook team to complete this task?
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