df
@df
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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rafa
@rafa
@ccarella.eth pretty fun idea
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df
@df
gets rid of the principle agent problem for this subsection of Farcaster public goods - why have random members speculatively vote on what open source libraries are helpful, instead let builders decide what is helpful
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rafa
@rafa
I’ve been trying to brainstorm north-star metrics, the tricky part is: what exactly is a qDAU? Maybe it’s a user that pays for storage and casts with an average action:engagement ratio of >1, when filtering for only users who pay storage?
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df
@df
yeah Warpcast's active badge is a loose heuristic designed for qDAU imo
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