Content
@
0 reply
0 recast
2 reactions
Covalent_HQ
@covalent-hq
Token gating in DAOs is a nuanced mechanism for role assignment and community engagement. Understanding the variety of tokens (governance, utility, NFTs) and their specific use cases is crucial. Check out the work that @guild is doing to power all of the biggest DAOs and communities. Guild.xyz
1 reply
0 recast
0 reaction
Covalent_HQ
@covalent-hq
The function of a token or an NFT within a DAO context is directly related to the needs of the DAO. This requires critical strategic thinking because defining roles within a DAO means aligning the gating with relevant onchain actions. You need verifiably passionate people to do core work.
1 reply
0 recast
0 reaction
Covalent_HQ
@covalent-hq
Advanced token gating involves considering a member's onchain behavior—frequency of transactions, types of interactions, etc. This helps in tailoring roles that truly reflect engagement and contribution levels within the DAO.
1 reply
0 recast
0 reaction
Covalent_HQ
@covalent-hq
https://www.covalenthq.com/blog/driving-quality-membership-activations-with-onchain-gating-using-covalent/
1 reply
0 recast
0 reaction
Covalent_HQ
@covalent-hq
All of these critical actions have been indexed into structured usable data for the Unified API that Guild.xyz uses to power their role assignment engine.
1 reply
0 recast
0 reaction
