H1 2021 Vision Review, Discussion and Voting Schedule
- Community Review and Discussion: December 20 – 26, 2020 (Leave Comments or Questions Below)
- Community Ratification Vote (APP-002): December 27 – 30, 2020 (Using the Community Voting Dapp)
Idea Summary
As outlined in the DAO’s initial roadmap, the DAO is outlining its vision for key activities during H1 2021. 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.
Idea implementation/execution: The DAO’s H1 2021 Vision is outlined in the presentation below.
Link to H1 2021 Vision presentation.
Budget/cost: DAO leadership would allocate up to $40,000 of the DAO Treasury to execute against priority areas outlined in the H1 2021 Vision document.
Idea Timeline:
- Phase I: Community review and discussion: December 20 – 26, 2020 (please post your comments or questions below).
- Phase II: Community ratification vote (using the DAO’s voting dapp): December 27 – 29, 2020
- Note: This vote will authorize the DAO’s leadership to execute the H1 2021 vision and allocate up to $40,000 of Treasury funds toward Vision-related projects and initiatives. AmpleSense Progress Proposal 002 will be published for this purpose.
- Phase III: Implementation: H1 2021 with regular reporting on progress to the community
Overall, the H1 2021 Vision looks great. Believe it will sure up current issues with ample. Elastic vaults and Assa lending should help liquidity and the University should take care of education. Feel like we are lacking on communication and education, seems most of the crypto community are still confused by rebase, and the upsides to its gaming mechanism. Opportunities will of course take care of marketing and promotions setting up Ample fairly well for 2021.Solid vision!
I particularly look forward to the implementation of ‘Elastic Vaults’ and believe they will be a gamechanger going forward for Amplesense.
I would like to recommend that when we implement said vaults and start trying to attract people from outside the immediate AMPL community we perhaps make the user interface a little bit more modern and colourful than the somewhat spartan kGeyser interface.
Some recent UIs that I have interacted with that may give devs some inspiration would include:
https://valuedefi.io/
https://www.yield.credit/
https://yflink.io/#/
https://launchpad.benchmarkprotocol.finance/
@Evo: Thanks for your comment. Yes, part of the funding will be used to bring in some UI/UX pros to help us with the Elastic Vault design. Thanks for providing those examples, all will be helpful when we get into the design process.
@EVO
Like the way you’re thinking about this. Very strategic – appreciate the input.
Already love what you guys are doing 🙂 waiting to cast my votes & trying to spread the word organically.
Would suggest taking some of EVO’s advice & releasing at least 1 early vault to attract outside users.
I also agree that UI, UI & UI are important…we need a well polished dashboard to specifically cater towards AMPL & kMPL…with other rebase coins being a sideshow. Something prestigious maybe lol
I do have an interest in Bond-NFT’s … perhaps talks with SYNC could yield something useful related to elasticity, which could then perhaps find further use within our dash?
Thanks guys 🙂
Thanks for this. We have some proposals coming in from the community related to NFTs that I think you’ll find interesting.
We’ll be publishing those after the Vision Votes process is complete.
Like that it include funds for elastic vaults, lending and partner opportunities. Could some of funds be allocated to ample devs from the dao? Devs are the backbone, and most of the future projects will require more developers. Next, believe we should avoid partnerships which ultimately the serve the same purpose as Amplesense ie aave if we are to continue with assa lending.
Alliance nominations: Meme Ltd. Apy.vision (formerly liquidity.vision)
@Walloom: Thanks for your comment. The DAO is already self-funding some development work, but if additional work is required the budget includes initial funds for that.
This is an exciting time for the ASDAO, and it is great to see such an initiative from the leadership!
Regarding Elastic Vaults, we can avoid reinventing the wheel by learning from other vault models. This is advantageous in terms of resource costs. E.g. the yEarn and Curve vaults are obviously a successful model, while other emerging DAO structures are also worth a good look – LinkSwap, for instance.
Alliances – Benchmark and Yam could be good candidates in the EeFi sector.
There is a lot we can brainstorm in the discussions on this page, and that might be a good idea to help us formalize the 1-3 proposals.
I have limited understanding in English but I can tell that this project has a lot of great ideas, vision based on good understanding of current trend of the DEFI and crypto industry. I like that you have education component in the plan. Looking forward be part of the project.