Purple

Purple’s goal is to proliferate and expand the Farcaster protocol and ecosystem.

Hyperpunk & techni-optimist. Co-founder, Scout Game.
https://scoutgame.xyz

Organizations work better with Hats. Save time, automate onboarding, and manage permissions across the internet with programmable onchain roles

gm Purple 💜

I'm Nick from @hatsprotocol and over the last couple months I've been jamming with @noun839.eth on how to upgrade the onchain mechanisms for Purple

tl;dr: giving Purple DAO onchain control of who is on the multisigs

Excited to share what we've come up with so far for community feedback — a thread:

2/ This was originally inspired by @ccarella.eth 's cast a few months back, which sparked a series of great conversations about the structure of Purple

Building global interoperable roles @ hatsprotocol.xyz | DAOs are the endgame of crypto

3/ When we first discussed it, it seemed like it would make more sense to start with DAO control over the signers on the Retroactive Funding Rounds multisig 

This is the 3/5 Safe that actually sends funds to the winners of the funding round, as decided by the DAO

4/ If that works well, the tree could expand to other use cases:

A) A Proactive Small Grants Council (like the original inspiration)

B] Decentralizing the DAO veto (1/1 @noun839.eth -> n/m "security council")

C) Individual roles for folks working on behalf of Purple

D) A shared Hat-gated FID for the DAO (soonTM)

5/ How it would work: 

1. Attach a HatsSignerGate (audited Zodiac Module) to the existing multisig 

2. Have the DAO mint revocable Signer Hats to the desired signers

3. Signer Hat wearers claim signing authority

4. DAO can revoke signing authority at any time

6/ Here's a template we've created in our app (desktop only) that shows how to create a DAO-controlled multisig and signers:

6/ Here's a template we've created in our app (desktop only) that shows how to create a DAO-controlled multisig and signers: https://app.hatsprotocol.xyz/trees/5/55?hatId=55

7/ Eventually, this could evolve to a fully onchain elections, term limits, or other custom logic

And, since Hats are ERC-1155s, you can use the Signer Hats for gating other things for coordination, such as a Purple Charmverse page, private telegram groups, and a huge list of other tools

8/ If you're new to hats, you can read all about the important elements like 
- how admin relationships work
- how to connect onchain and offchain authorities, and 
- automated granting and revocation of hats under certain conditions:

8/ If you're new to hats, you can read all about the important elements like 
- how admin relationships work
- how to connect onchain and offchain authorities, and 
- automated granting and revocation of hats under certain conditions:

https://hats.mirror.xyz/NXJI4Rkk4TafwLvVZLfdlz-sLWdrNlKFmvJq9cKDkiw

9/ Hats Protocol v1 is open-source, fully permissionless, and free to use. Our long-term goal is to create a Public Utility for Ethereum Roles (s/o @rafa for this frame)

Read more about our ethos here:

9/ Hats Protocol v1 is open-source, fully permissionless, and free to use. Our long-term goal is to create a Public Utility for Ethereum Roles (s/o @rafa for this frame)

Read more about our ethos here: https://www.hatsprotocol.xyz/ethos

10/ Thanks for your consideration! We welcome any feedback or questions on this idea 🟪🧢

2/ This was originally inspired by @noun839.eth 's cast a few months back, which sparked a series of great conversations about the structure of Purple https://warpcast.com/ccarella.eth/0x780c1e

likes building things • https://alexgrover.me/links

Thanks for the feedback!

@noun839.eth had also brought up the L2 migration, and I do think that makes sense.

Our general beliefs are very aligned here.
Specifically, that more delegation means LESS voting, which is good for DAOs. But delegation requires accountability - so that’s a central aspect of the protocol

This is rad!

If I had to give feedback, my main concern is that we don’t have enough people doing things on behalf of the dao to justify any additional complexity. As is, it’s hard to gather enough signers for the MS and people don’t like voting.

If we do move forward waiting for L2 migration prob makes sense!

building /cortex, hacking /farhack, yapping /dylan | dylansteck.com

awesome, let me know if you have any questions!

this looks *really* cool, gonna spend some time later reading through the website!

yeoro.eth → db.team → /slc → SuperBenefitDAO, All in For Sport → "purpose aligned networks of small autonomous teams”

🐵 ← 🙈🙉🙊 → /phil →  phil.cockfield.net, db.team →  
ƒ(🌳) →  🧫 /sys  ←  @cell <T>

👁️👁️ ← (hey Nick 👋)
cc: @ro