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Idea: a farcaster open source public goods funding DAO with a new mechanism. Anyone can donate and get a non voting token, but voting power is only allocated algorithmically each week to builders based on quadratic root of the qDAUs of their apps on the Farcaster network.
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would have additional simplifiers: - only retroactive in use projects - only open source code - must allocate the quadratic root of the treasury every day, voting once per week quadratically
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Each weekly vote the voters must also fill in a textfield for things they would need/like to see built that they would consider funding retroactively in next week(s)
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- votes are on L2 and are sponsored by dao. - there are no proposals, forums or other governance. The software runs the DAO weekly vote automatically using an oracle and only pauses when it runs out of money or nobody votes
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