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Content
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https://warpcast.com/~/channel/daos
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Trigs pfp
Trigs
@trigs
I'll give my $DAOs for today out to whoever can link me someone else's version of this idea fastest, I wanna see the discussion on it: Constitution DAO using zk tech to hide how much they'd raised. During the auction people would just be bidding against a hidden treasury. Nobody would know if the DAO can up the next price until the auctioneer raises it. Each round is a zk check. My suggestions: If they win: however much is left, over top of the winning price, can be used or given back in a variety of ways, depending on circumstances. If they lose: whatever is left, minus costs incurred, gets distributed back to everyone based on how much they originally gave. Decisions could be voted on w/ ZK weight too; would mean nobody knows how much their vote influenced the outcome, only what the consensus was in the end. That feels like a whole different rabbit hole in itself! Makes it fair play for DAOs competing with a public treasury in an auction, one place where transparency is a killer flaw.
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TheThriller 🎩 Adam Miller pfp
TheThriller 🎩 Adam Miller
@thethriller
1000 $daos
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