Spray 🏅

DAOs, are too based off of the root level right now. What we mean by this, is that every single person gets a say into what proposals pass. We see this as both a benefit, but also drawback, but weighting it more on the drawback side. Too many proposals cause the DAO to become backlogged and overcrowded, and for arguments starting over 500 dollars when the DAO treasury contains 500 million! Why do this, when you could use Allo and allocate specific committee members to specific pools, and just vote on who becomes a delegate of the pool itself! Kind of like a sub-dao.

As of right now, there is just too much fiddling around with CSV and excel files, too many “manual” interactions with smart contracts. Allo takes all of this off of the grant/fund manager’s hands, and is able to relieve not only the UX frictions but also the errors of potential human mistake. Allo also allows for custom strategies to come into play: i.e. for some grant recipients to get a huge lump sum at the very start of the funding. Or, in our case, to build on top of Hedgey’s linear vesting NFTs, and allow for a constant linear stream of funds instead of a lump sum. This is perfectly fitting for the DeFi/DeGov ethos of different protocols and projects being lego bricks!

So the main problem statement which we tried to solve was: how can we make the live’s of fund managers as easy as possible?