Make the DAO Hub Kreivo a system chain
First, we want to thank the Kusama community for their recent support on the "Revitalizing Kusama: the DAO hub" proposal. Your feedback was invaluable, and we listened carefully to your questions and suggestions. Several times we were asked if the Virto team would consider making Kreivo a system chain. We've thought about it deeply, and this proposal is our response to that frequently asked question.
Goal of the proposal
- Determine whether Kreivo, the DAO Hub, should become a system parachain
Kreivo is parachain made possible by you KSM token holders who supported the Virto t̶e̶a̶m̶DAO, it allows anyone to create and manage autonomous organizations, provides a robust payments infrastructure, smart contracts(for DAOs only), great UX for DAO members not requiring fees nor wallets(supports passkeys), and all of this using KSM as its native token.
Why a system parachain
Kreivo is an ideal candidate for becoming a system parachain because it provides essential infrastructure for DAOs within the Kusama ecosystem. As a system parachain, Kreivo could offer deeper integration with Kusama's governance, enabling more efficient and seamless operation of DAOs. This would strengthen Kusama's position as a hub for decentralized governance and potentially attract more teams and entrepreneurs to the network.
Moreover, Kreivo's use of KSM as its native token aligns perfectly with Kusama's tokenomics, ensuring that increased activity on Kreivo directly benefits the entire Kusama ecosystem. Read more about Kreivo's sustainability model through the sell of memberships and advanced payment fees.
Root origin and the DAO Alliance
Kreivo from its conception has already behaved like a system chain, the only big difference being its Root origin was set to be a governance track controlled by a ranked collective formed by all the DAOs registered in the system, a DAO Alliance. After becoming a system chain Kreivo would change its root origin to be the parent chain, requiring future upgrades to be conducted via Kusama OpenGov. However we would still keep the DAO ranked collective and its treasury to oversee certain aspects of the protocol, like the minting and pricing of new memberships or configuring certain system payment fees.
Background
Kreivo is already helping the Kusama ecosystem:
- It lets people create and manage DAOs with just 1 KSM
- It uses KSM as its native token, providing new utility
- It works well with Kusama's current governance system(using OpenGov components for DAO governance)
- It gives developers a chance to monetize smart-contracts and sell them to organizations(only DAOs can instantiate contracts)
- It brings real-world businesses thanks to its UX improvements and abstractions.
We look forward to your vote and feedback on this proposal.
Comments (4)
Proposal Failed
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Can you please add contextual information?
I have to say this proposal does not make any sense to me. None of the arguments in the proposal suggest that Krievo should be a system chain and I don't see any benefits that Krievo would get either.
Under the parachain auction model, I do understand the desire for a "free" parachain, but with Coretime you should just buy a block whenever you need it.
Using KSM as a token is necessary for system chains but not sufficient. It's great that you are aligned, but most chains should be aligned with the ecosystem anyway.
By becoming a system chain, you are putting more burden on the Fellowship for code maintenance. You are also trading root origin control for becoming a trusted teleporter, which should really make no practical difference. If there are things that you cannot do under the reserve model that are blocking application development, we should fix those for everyone.
> Kreivo is an ideal candidate for becoming a system parachain because it provides essential infrastructure for DAOs within the Kusama ecosystem.
OK, you have a good product, that's no argument for being a system chain.
> As a system parachain, Kreivo could offer deeper integration with Kusama's governance, enabling more efficient and seamless operation of DAOs.
How? Participating in governance is not permissioned. There should be nothing stopping Krievo from participating in governance. If there is, then we should fix that for everyone, not make Krievo a system chain.
> Kreivo's use of KSM as its native token aligns perfectly with Kusama's tokenomics, ensuring that increased activity on Kreivo directly benefits the entire Kusama ecosystem.
This should just be standard. It's not an argument to be a system chain.
> However we would still keep the DAO ranked collective and its treasury to oversee certain aspects of the protocol, like the minting and pricing of new memberships or configuring certain system payment fees.
No, you are either a system chain or you are not. What you are asking for is special status for your application while still retaining a large amount of control over it.
@Joe seems a matter of perspective and lines can get blurry, you know what doesn't make any sense to me? a people chain, a collectives chain that makes it a pain to create collectives, even a coretime chain and asset hub with contracts, put it in one system Parity-chain and make something useful out of it :)
Here's another perspective, Polkadot as an infrastructure provider that should focus on B2B, what is the one most useful thing it should provide? A way for organizations and businesses to on-board as easy as possible and have all the tools and support they need to build their products, that's what the Virto DAO builds with Kreivo, an extensible DAO chain with a product around it that abstracts away all the Web3 mumbo jumbo, if you ask me, that's the most system-chainy thing there could be ;)
> How? Participating in governance is not permissioned. There should be nothing stopping Krievo from participating in governance. If there is, then we should fix that for everyone, not make Krievo a system chain.
We've already showed cased Kreivo and its DAOs participating in governance, no problem with that, but things could integrate further! in a similar way to how we have some projects lined up to become "satellite chains" governed from Kreivo, I can imagine some DAOs/Sub-DAOs getting special origins in the relay or why not migrating the entire Kusama OpenGov to Kreivo.
> No, you are either a system chain or you are not. What you are asking for is special status for your application while still retaining a large amount of control over it.
Perhaps it was phrased poorly, the DAO alliance is just a collective minding its own thing that is useful when all DAOs want to reach some concensus, no different from the fellowship as collective having its own governance and treasury deciding on its own fellow-things living in a system-chain controlled by the relay's root origin.
And about the burden to the fellowship, I checked with some members and candidates that would do the Kreivo maintenance and they are totally cool with it :D