Overview
What Are AmpleSense Progress Proposals?
AmpleSense Progress Proposals (APPs) are projects, initiatives, vision statements and other types of proposals that are presented for approval to be officially enacted and or funded by the DAO.
The first step in APP development is for a question about an “idea” to be posted to the Idea Incubator, in the required format.
Ideas must be discussed in the Idea Incubator before being developed into AmpleSense Progress Proposals. These conversations will help to improve and refine ideas before they are developed into APPs, which will be voted on by community members (and DAO Founders and Members if they secure enough community support).
APPs are eligible approval for funding by the community via the community’s voting dapp, (after final review and ratification by the DAO’s leadership). In general:
- Individuals will be invited (based on how the community reacts to their idea submission) to develop an APP. If necessary, DAO leadership will provide guidance to help APP developers refine their content prior to publication; APPs cannot be submitted by individual community members without an invitation from DAO leadership.
- APPs are not produced unless they are going to be scheduled for a vote
- Votes are scheduled based on the overall workload of the DAO, projects currently in development and based on priority areas determined by the DAO leadership team
APP Format
Follow the format below for the APP (after receiving an invitation to submit an APP by DAO leadership based on community response to your Idea Incubator submission). If any section does not apply to your APP, indicate this with an “N/A.”
APPs will be published in this forum (click here).
- APP Title: APP-[Number]: [Descriptive Title] (See table below for listing of previously submitted APPs; use a number that is one digit higher than the previously submitted APP)
- APP Summary: 1 sentence summarizing the APP
- Overview: Overview of the APP’s scope and purpose (up to 200 words)
- Rationale: Why is this APP being proposed?
- Idea Incubator Discussion: A summary of key points raised during the Idea Incubator discussion process and your responses to dissenting opinions
- Implementation and Deliverables: How will the APP be implemented (e.g., details of project, engineering requirements, team size and scope); include any information that will help voters have confidence in your ability to deliver on the APP; list of deliverables or outcomes associated with the APP
- Contributors: Who will deliver on the APP, brief description of the team members and qualifications
- Budget Request: Amount of funding being requested for implementation (if applicable)
- Timeline: Overview of key phases of work related to the APP and estimated delivery time frames
Upcoming APP Votes, Details and History
| APP-001 – Asset to be paired with kMPL in the Apollo kGeyser | https://bit.ly/35rVEdR | The Apollo kGeyser is an important liquidity initiative for the DAO. The community will vote on which token (ETH, AMPL or USDC) will be paired with kMPL in the Apollo kGeyser. | 11.14.2020 | 11.17.2020 | N/A (APP Was Not a Binary Pass/Fail Vote) | kMPL/AMPL pairing launched on Uniswap. However, request to have the Ampleforth protocol Orchestrator sync the pair was not passed. There was strong community support for kMPL/ETH pairing as a second choice and this liquidity pool was launched on Uniswap. |
| APP-002: H1 2021 Vision Ratification | https://bit.ly/3nYYspP | APP-002 is related to securing community ratification of the H1 2021 Vision and the initial budget allocation for Vision-related activities. The DAO plans to focus on creating additional utility for Ample, improving knowledge of elastic finance (and Ample) and forging appropriate alliances with DeFi protocols to further Ample’s (and elastic finance’s) network effects and utilization. | 12.27.2020 | 12.30.2020 | Vision Ratified; $65,000 Initial Budget Approved | DAO Leadership to create budgets related to activity areas outlined in the H1 2021 Vision presentation. |