HTML tags enhance the functionality of your DAO (Decentralized Autonomous Organization). Similar to apps on your phone or computer, plugins add more capabilities to your DAO, such as token swapping and new decision-making methods. They are vital for Aragon OSx DAOs to adapt and grow, allowing for the installation and removal of plugins to modify governance, finances, and membership.
Below are ten ideas to get you started on building a financial plugin for your DAO:
1. Swap tokens for the best price: Create a plugin that integrates with a DEX aggregator, like Matcha, to display the best swap prices for tokens. This simplifies token swapping and treasury management for DAOs.
2. Proportional voting power based on investment size: Develop a plugin that automatically assigns voting power to DAO members based on their investment amounts. This ensures equal voting rights and can eliminate the need for trust when exiting the DAO.
3. Vesting periods for DAO governance tokens: Design a plugin that gradually vests governance tokens to contributors over time. This incentivizes long-term commitment and aligns the contributors’ interests with the DAO’s success.
4. Staking directly from the DAO: Enable DAOs to stake their ETH assets directly through a plugin. This allows DAOs to earn yield and grow their treasuries by participating in staking services like Lido.
5. Token streaming: Build a plugin, similar to the Superfluid platform, that enables DAOs to stream tokens directly to contributors. This simplifies fund disbursement and ensures accountability without the need for frequent proposals.
6. Rage Quit functionality: Implement a plugin that enables DAO members to “rage quit” by burning their governance tokens and receiving a proportional portion of the treasury. This allows members to exit the DAO without relying on trust from other members.
7. Airdrops/automatic distribution: Develop a plugin that automates the distribution of governance tokens based on predefined parameters. This can be used to incentivize desired behaviors and build a community.
8. Offchain and cross-chain asset tracking: Create a plugin that provides real-time information on the status of off-chain assets or assets held in different DAOs on different chains. This offers a comprehensive view of the DAO’s financial health.
9. Automatic DeFi strategies: Design a plugin that enables DAOs to execute complex DeFi strategies automatically without community votes. This simplifies treasury management and allows for efficient execution of crypto strategies.
10. Asset management permission for subDAOs: Develop a plugin that grants a subDAO permission to manage assets in the main DAO’s treasury. This can be governed by authorized wallet voting, providing security and control over asset management.
Now, you can start building your own plugin using the provided resources and links. Join the Aragon community on Discord and showcase your innovative creations.
