Dagdao is a DAO collaboration mechanism characterized by openness, agility, and efficiency. Currently, Dagdao is still in the ideation stage, with some key issues unresolved, and we need to find a suitable way forward.
DAO stands for Decentralized Autonomous Organization, where the members can be likened to nodes in a network. However, compared to nodes in a blockchain, human participants are undoubtedly more complex, leading to the complexity of collaboration within DAOs. For simplicity's sake, we describe the functionality of DAO as follows: participants collaborate to complete a task. In this context, several questions arise:
Typically, we can address the complexity of collaboration within DAOs by introducing delegated agents. Delegated agents serve as intermediaries and decision-makers who assess the value of tasks, evaluate team capabilities, ensure appropriate rewards and incentives, and oversee task execution and evaluation. This mechanism helps improve collaboration efficiency, reduce risks, and promote the development and success of DAO organizations. This committee-based mechanism is commonly used in DAOs and its effectiveness depends on the competence of the committee members.
However, the committee-based model has limitations as it demands high requirements from committee members. They need to understand various types of information, possess insights, execution capabilities, etc., and evaluating a project incurs significant costs. Therefore, an excellent committee usually has a small radius of service.
Another solution is decentralization, which is adopted by many DAOs. For questions 1 and 2, community discussions, proposals, and voting mechanisms are often employed. However, Dagdao focuses on addressing questions 3 and 4. Some DAOs evaluate participants' contributions and project completion by defining detailed metrics. Yet, quantifying contributions is challenging, as explained by Goodhart's Law. If we decentralize everything and rely on the community without detailed evaluation criteria, new problems arise: How can we prevent collusion? How can we prevent negative work attitudes? How can we prevent bribery?
Dagdao is a mechanism that aims to solve the delegation agent problem within DAOs in a decentralized manner while reducing collaboration costs among DAO members.