DAO Governance & Token Tiers

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Stacker Ventures Governance

Stacker Ventures is structured as an Aragon DAO, with STACK holders voting on DAO structure, the initiation of funds, and the use of the funds in the Stacker Ventures Treasury.

There are a few roles within the DAO that can be accessed by holding a certain amount of tokens. 

Permissioned Token Tiers

STACK holders can access different tiers within the DAO based on the amount of tokens they hold. Permissioned channels are live in Discord based on STACK token balances. We will likely also build this functionality into the Accelerator on the website (coming soon).

STACKPACK 🐺

10 STACK – Accelerator & Pre-Proposals

Stackers with at least 10 STACK will have access to the Stacker Ventures Accelerator. With a vested interest in the success of the projects, these members will have access to:

  • Referral rewards (earn STACK if Fund 1 invests in a project you refer)
  • Early access to project betas
  • Bounties
  • Communication lines with early-stage project teams
  • The ability to earn reputation within the DAO (once we move to governance v2)

The number of tokens to enter the StackPack may rise over time.

DUE DILIGENCE COMMITTEE 📰

1,000 STACK – Due Diligence Committee / Access Deal Flow

While STACK holders can vote on all DAO proposals, access to deal flow and due diligence materials will be restricted to STACK holders that hold more than 1,000 STACK tokens. This maintains the privacy of deals, and projects may choose to disclose varying amounts of information outside this group.

Due to the current low supply, this number will rise over time. To join, you will need to hold 1,000 STACK before the launch of Fund 1 (May 1st), 2,000 after, and 5,000 after Fund 1 has been active for four months. That way, the group stays relatively small while rewarding early participants. Members that join now with 1,000 tokens will remain in the group after the requirements increase so long as they continue to hold at least 1,000 of their tokens.

Due Diligence Committee members will:

  • Conduct due diligence on deals and discuss within the group
  • Vote (likely using Snapshot) on which opportunities Fund 1 invests in
  • Help guide early stage projects through the funding process
  • Pass the vote on to the DAO Council to implement
  • Possible first access to future funds (tbd on a by-fund basis)
  • Have access to dealflow if extra allocation is available or if Fund 1 decides to pass on an investment
  • Adhere to a code of ethics (or be removed by the DAO Council)

DAO COUNCIL 🏛️

20,000 STACK and Approval

Individuals with a significant stake in the DAO will be able to apply to join the DAO Council. Members of the Due Diligence Committee will be able to apply after acquiring 20,000 STACK or beforehand, given the intent to acquire STACK upon approval by a DAO Council vote.

This council has proposal rights over the DAO. This is to ensure that no malicious proposals are passed, especially as the DAO treasury has a significant active balance. All DAO Council are required to hold 20,000 STACK, and therefore have a significant stake in the success of the DAO. While only DAO Council members can submit proposals, all STACK holders can vote on every proposal, and anyone with more than 10 STACK can submit a pre-proposal to the council for review.

SVC001 TOKEN HOLDERS 💿

SVC001 token holders should have the ability to communicate as a group, have access to due diligence findings depending on the project, and be in close contact with the Due Diligence Committee. A token-permissioned group in Discord will be set up for SVC001 holders after May 1. The token threshold for this channel will be decided once SVC001 tokens are minted.

Okay, You Have STACK, How Do You Join?

Simply type !join in any channel in the Stacker Ventures Discord and you should get a DM form the Collab.land bot with instructions.

If you do not yet have STACK, you can acquire it through participation incentives or through Uniswap.

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