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MetricsDAOBounty Review Process Overview
Bounties form a big part of MetricsDAO’s mission to deliver high-quality analytics solutions. As our partners rely on accurate, timely, and informative analytics, it is important that MetricsDAO evaluates bounty submissions according to a specific set of criteria. These are Accuracy & Completeness, Insights, Visualizations, and Definitions. Submissions that get decent scores in these criteria are qualified to receive bounty payouts. Those that get a perfect score are then entitled to the gran...
MetricsDAOGoldfinch Deep Dive
SummaryGoldfinch is a decentralized credit platform that enables loans without requiring on-chain collateral. This novel approach increases access to capital and expands the crypto lending market to users that otherwise would not have sufficient on-chain assets to qualify for a loan. Goldfinch’s “trust through consensus” mechanism allows lenders to directly evaluate the creditworthiness of potential borrowers, supporting but removing the need for on-chain collateral. Ultimately, this creates ...
MetricsDAOIntroducing: MetricsDAO
Uniting the best analytical minds in the space to build the future of crypto analytics. Join MetricsDAO on DiscordThe DAO MissionThe purpose of MetricsDAO is to empower analytical minds and enable blockchains and protocols to succeed. It's critical for blockchains and all ecosystem participants to have the data, insights, visualizations and metrics that enable an active, educated and informed community. MetricsDAO will provide the framework for insights to be delivered on-demand and as-n...
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MetricsDAOBounty Review Process Overview
Bounties form a big part of MetricsDAO’s mission to deliver high-quality analytics solutions. As our partners rely on accurate, timely, and informative analytics, it is important that MetricsDAO evaluates bounty submissions according to a specific set of criteria. These are Accuracy & Completeness, Insights, Visualizations, and Definitions. Submissions that get decent scores in these criteria are qualified to receive bounty payouts. Those that get a perfect score are then entitled to the gran...
MetricsDAOGoldfinch Deep Dive
SummaryGoldfinch is a decentralized credit platform that enables loans without requiring on-chain collateral. This novel approach increases access to capital and expands the crypto lending market to users that otherwise would not have sufficient on-chain assets to qualify for a loan. Goldfinch’s “trust through consensus” mechanism allows lenders to directly evaluate the creditworthiness of potential borrowers, supporting but removing the need for on-chain collateral. Ultimately, this creates ...
MetricsDAOIntroducing: MetricsDAO
Uniting the best analytical minds in the space to build the future of crypto analytics. Join MetricsDAO on DiscordThe DAO MissionThe purpose of MetricsDAO is to empower analytical minds and enable blockchains and protocols to succeed. It's critical for blockchains and all ecosystem participants to have the data, insights, visualizations and metrics that enable an active, educated and informed community. MetricsDAO will provide the framework for insights to be delivered on-demand and as-n...
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How?
Through a community of Analytical Minds who are ready and willing to activate on blockchain data.
By supporting utilization of all blockchain data platforms
By providing a simple, effective process for generating outcomes. This is “Organized, On-Demand Analytics Delivery” --- or OODAD.
[Organized, On-Demand Analytics Delivery]
Data Access and Curation: Providing and transforming blockchain data for analytical queries.
Generating Questions: Discovering and organizing analytic needs of community, blockchain, foundation into questions that can be addressed by analytical minds.
Questions Become Challenges: assigning a variety of factors - such as difficulty level and bounty band - to properly attract and engage the right level of analyst. Great results come when the questions are framed properly and turned into challenges to be solved.
Challenges Become Solutions: Analysts may deliver results, visualizations, insights etc. to address particular challenges, generating “Solutions”. Note that an effective cadence of prioritization into epochs helps center analysts on the right challenges at the right time.
QA for Solutions: A critical step to ensure that a solution meets data and delivery quality standards. Simply put, does the solution solve the Challenge, and does it do it well?
Rewards for Solutions: An operational requirement to pay Analytical Minds for the results they deliver.
In order to make OODAD a reality, we began a series of experiments in 2021 that will continue into 2022.
Each step of the process may allow for DAO community members to receive Partner Tokens as rewards.
Over the course of 2022, MetricsDAO will also be developing applications and smart contracts to execute on each step, and to enable the token rewards to be distributed in as automated a fashion as possible.
The Harmony Blockchain required its data to be analytics ready,
A group of MetricsDAO community members worked to develop curated tables within the snowflake interface. Flipside’s Chainwalking technology was provided to enable the pipelining and development of the data.
In order for the community to develop Solutions for Challenges, needs must be gathered from the community as Questions, and prioritized base on demand.
For OlympusDAO and Harmony, a public access point for community members to document and prioritize needs was delivered. Learnings from Experiment *1 were documented here.
With a question bank in hand, analytical minds were offered bounties for solving specific Challenges.
Note: MetricsDAO took the liberty of solving STEP #3, turning Questions into Challenges, with current resources - direct Experiments for this will be coming.
Analytical Minds to Evaluate Solutions
Graders will be sourced from the community to evaluate Solutions
They will be paired with experienced Graders who have performed work before.
Results will be compared to evaluate effectiveness of grading Solutions
Winning Solutions will be selected for payment
Now that Solutions have been QA’d for OlympusDAO, it’s time to provide incentives for the participants.
Funds to be withdrawn from MetricsDAO treasury and to be delivered to wallets of those who delivered the best Solutions.
Harmony Questions Bank has already been setup. The next step is to turn those questions into Challenges, with the community curating the difficulty and market value of a question.
Tool tip: Deciding how much to pay someone is surprisingly difficult; the wisdom of the crowds and the collective experience of analytical minds can solve this problem in a way few organizations (centralized or otherwise) can match
Data Curation: The act of preparing data for analytics
Questions: The analytical needs of a blockchain
Challenges: Questions transformed into activities for Analytical Minds to work on
Solutions: The results of Challenges, developed by Analytical Minds
Rewards: The construct by which an Analytical Mind is compensated for their effort on delivering Solutions.
If you’d like to get involved in MetricsDAO, please join our discord, and follow our Twitter here.
PS: Astute animal lovers will note that an Aoudad is actually a sheep 🐏. It just looks like a GOAT 🐐.
How?
Through a community of Analytical Minds who are ready and willing to activate on blockchain data.
By supporting utilization of all blockchain data platforms
By providing a simple, effective process for generating outcomes. This is “Organized, On-Demand Analytics Delivery” --- or OODAD.
[Organized, On-Demand Analytics Delivery]
Data Access and Curation: Providing and transforming blockchain data for analytical queries.
Generating Questions: Discovering and organizing analytic needs of community, blockchain, foundation into questions that can be addressed by analytical minds.
Questions Become Challenges: assigning a variety of factors - such as difficulty level and bounty band - to properly attract and engage the right level of analyst. Great results come when the questions are framed properly and turned into challenges to be solved.
Challenges Become Solutions: Analysts may deliver results, visualizations, insights etc. to address particular challenges, generating “Solutions”. Note that an effective cadence of prioritization into epochs helps center analysts on the right challenges at the right time.
QA for Solutions: A critical step to ensure that a solution meets data and delivery quality standards. Simply put, does the solution solve the Challenge, and does it do it well?
Rewards for Solutions: An operational requirement to pay Analytical Minds for the results they deliver.
In order to make OODAD a reality, we began a series of experiments in 2021 that will continue into 2022.
Each step of the process may allow for DAO community members to receive Partner Tokens as rewards.
Over the course of 2022, MetricsDAO will also be developing applications and smart contracts to execute on each step, and to enable the token rewards to be distributed in as automated a fashion as possible.
The Harmony Blockchain required its data to be analytics ready,
A group of MetricsDAO community members worked to develop curated tables within the snowflake interface. Flipside’s Chainwalking technology was provided to enable the pipelining and development of the data.
In order for the community to develop Solutions for Challenges, needs must be gathered from the community as Questions, and prioritized base on demand.
For OlympusDAO and Harmony, a public access point for community members to document and prioritize needs was delivered. Learnings from Experiment *1 were documented here.
With a question bank in hand, analytical minds were offered bounties for solving specific Challenges.
Note: MetricsDAO took the liberty of solving STEP #3, turning Questions into Challenges, with current resources - direct Experiments for this will be coming.
Analytical Minds to Evaluate Solutions
Graders will be sourced from the community to evaluate Solutions
They will be paired with experienced Graders who have performed work before.
Results will be compared to evaluate effectiveness of grading Solutions
Winning Solutions will be selected for payment
Now that Solutions have been QA’d for OlympusDAO, it’s time to provide incentives for the participants.
Funds to be withdrawn from MetricsDAO treasury and to be delivered to wallets of those who delivered the best Solutions.
Harmony Questions Bank has already been setup. The next step is to turn those questions into Challenges, with the community curating the difficulty and market value of a question.
Tool tip: Deciding how much to pay someone is surprisingly difficult; the wisdom of the crowds and the collective experience of analytical minds can solve this problem in a way few organizations (centralized or otherwise) can match
Data Curation: The act of preparing data for analytics
Questions: The analytical needs of a blockchain
Challenges: Questions transformed into activities for Analytical Minds to work on
Solutions: The results of Challenges, developed by Analytical Minds
Rewards: The construct by which an Analytical Mind is compensated for their effort on delivering Solutions.
If you’d like to get involved in MetricsDAO, please join our discord, and follow our Twitter here.
PS: Astute animal lovers will note that an Aoudad is actually a sheep 🐏. It just looks like a GOAT 🐐.
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