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Preliminary analysis and scoring of Optimism with DAO Index V0.9

Published onMay 26, 2023
Preliminary analysis and scoring of Optimism with DAO Index V0.9
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Brief background information

What is a Decentralized Autonomous Organization (DAO)?

Please refer to Decentralized Autonomous Organization (DAO) by Samer Hassan and Primavera De Filippi.

Optimism

Website | Twitter

Since 2017, Gitcoin has been building tools that enable communities to build, fund and protect what matters to them.

DAO Index Version 0.9

Questionnaire

I recently updated the DAO Index questionnaire to Version 0.9. You can find the original post on the update here.

You can find Version 0.9 of the questionnaire below or here.

Completed DAO Index V0.9 questionnaire for Uniswap

DAO Index Fields

Additional note: Some of the questions in the DAO Index V0.9 are meant to be aspirational, to help direct DAOs towards better practices advancing or adhering to the principles.

Fields

Description

Example

Principle

An organizing principle for DAOs, specific to the particular version of the DAO Index in use

Indicator

An area that indicates where a DAO is or can turn the principle into practice

Question-ID

The identification number of the question, per principle.

Question

A yes/no question written in text to assess whether a DAO’s practices adhere or advance a principle

Plain-English

A response to the Question in English (or natural language).

Yes/No/Partial/Does not answer the question, N/A

Points

The numeric score received for the question, corresponding to the Plain-English response.

Explanation

A brief explanation of why the DAO received a certain Plain-English and Point response

Sources

The sources referred to in drafting a response

Author

The rater(s) or respondent(s) to the Question

Notes

Respondent(s) notes regarding a question

Search Difficulty

The difficulty in searching for documents to reference to respond to a Question

Documents

The documents cited in a Response

Snippets

The snippets cited in a Response


Preliminary Analysis and Scores

This pub covers the preliminary analysis and scoring of Gitcoin with the DAO Index Version 0.9.

Questionnaire Responses

You can find the responses to the DAO Index V0.9 questionnaire for Optimism in the embed below.

The embed includes the scores (Points and Plain-English response) and explanation for each question’s response.

Completed DAO Index V0.9 questionnaire for Optimism

Scores

Optimism received an overall score of 2750/4500 (61.11%).

Optimism had an N/A score of 0 (i.e., every question was applicable to Optimism).

There were 9 questions that could not be answered because of an inability to locate sources or their non-existence.

Optimism’s overall score and score per principle are summarized in the table below.

Summary Table

Principle

Acronym

Score

Total

Percentage

Broad stakeholder participation

BSP

700

1300

53.85%

Cross-border coordination

CBC

300

300

100%

Practicing DAO cooperativism

PDC

550

1100

50%

Cultural patterns and Brand

CPB

200

200

100%

Information & Data Transparency

IDT

600

700

85.71%

DAO2DAO

D2D

200

200

100%

Organizational Technology

OT

200

400

50%

Human-centered Algorithmic Governance

HCAG

100

300

33.33%

Overall

None

2750

4500

61.11%

N/A

None

0

0

0

Radar Chart

Notes

Rating Process

This was a fun analysis. I completed this analysis while concurrently working on Optimism and Synthetix. I found it much easier to work on multiple DAOs concurrently, rather than working on one DAO at a time. It was a bit easier to formulate explanations for each question as I could think about my response in three different contexts.

I added tags to the responses for Gitcoin, Optimism, and Synthetix to make it easier to navigate the responses. For example, OT-04’s response is tagged with Snapshot and Fork of Compound's Governor framework.

I found the search difficulty to be pretty minimal with Gitcoin for the majority of the questions (28 questions had a search difficulty between Easy to Medium). Only 6 questions had a search difficulty rating of Hard.

The documents referenced for each response can be found under the Document field. I did not include any snippets for Gitcoin, Optimism, and Synthetix so that I could speed up my analysis.

Rating Responses

TBA

Questions that I could not find a source for

I could not find a definitive source for the following eleven questions:

  1. PDC-08

  2. OT-01

  3. IDA-01

  4. BSP-02

  5. OT-03

  6. BSP-03

  7. D2D-01

  8. HCAG-01

  9. BSP-01


Feedback & Review

If you are interested in the DAO Index and the analysis of Optimism, I encourage you to consider reviewing the completed questionnaire (reviewing responses and questions for veracity, language, etc.) or providing other feedback on the analysis of Optimism.

If you or someone you know is interested, please send me a message on Twitter or via email ([email protected]) and I will add you as an editor to the DAO Index Base table. Otherwise, you can make your own copy of the completed questionnaire and review the responses for:

  1. accuracy (Points and Plain-English),

  2. accuracy and quality (Explanation), and

  3. relevancy and quality (Documents and Snippets).

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