ZecHub DAO
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ZecHub DAO

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The ZecHub DAO currently consists :

  • @squirrel
  • @yoditar.zkp
  • @gordonesroo
  • @michae2xl
  • @dismad
  • @tokidoki
  • @decentralistdan
  • @RedNosedGnome
  • @Mine
  • @Edicksonjga
  • @vito
  • @ZcashRU

The DAO will serve as an experiment for future Zcash organizations who are interested in new forms of decentralized governance models, and ZEC’s utility cross-chain.

What is a DAO

A DAO (Decentralized Autonomous Organization) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles.

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DAOs need the following elements for being fully functional:

  • A set of rules to which will operate
  • Funding like tokens that the organization can spend to reward certain activities to their members
  • Provide voting rights for establishing the operation rules.
  • A well and secure structure that allows every member to configure the organization.

What makes ZecHub unique?

ZecHub is one of the first public DAO’s in Zcash’s history. A unique aspect of the DAO is how its funds are held in Shielded Zcash address, compared to most DAO’s that live on Ethereum. We have also created a NFT for establishing voting rights.

Governance

All DAO proposals are public and can be viewed here. Any current member of the ZecHubDAO can create a proposal to vote on. In an effort to support community transparency, the ZecHubDAO will post all governance proposals in this forum thread.

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Sources

  • https://twitter.com/ZecHub/status/1569827000218537984?s=20&t=v6h3n3P7o7LMbnAG-O8Kug
  • https://forum.zcashcommunity.com/t/zechub-rfi/42778/17
  • https://www.forbes.com/sites/cathyhackl/2021/06/01/what-are-daos-and-why-you-should-pay-attention/?sh=3d34fb2c7305