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CITYDAO DASHBOARD

total proposals

64
avg participation

7.15%
total token supply

10,051
unique token holders

4,874
met quorum

Met Quorum65%
met support

Met Support50%


RESOURCES

Forum
OpenSea
Charter
Twitter


TOKENS

3


CITYDAO CITIZEN

total supply10,000
holders4,836
unique holders48.36%


CITYDAO FOUNDING CITIZEN

total supply50
holders37
unique holders74.00%


CITYDAO FIRST CITIZEN

total supply1
holders1
unique holders100.00%


DELEGATES

128
Become a delegateView all
0xf51c…FAEB
1.00 votes

No delegate statement provided

1 delegator
Delegate


PROPOSALS

64
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CIP-203 ETH TREASURY YIELD WITH CITYDAO VALIDATORS



Earn income from our WETH treasury and contribute to decentralisation

The treasury has 656 WETH that has been sitting idle for over a year.

This CIP proposes creating 20 x 32 ETH CityDAO validators to earn yield on our
treasury, whilst also contributing to the decentralisation of Ethereum.

Income We could be earning 28.8 ETH ($55k) per year on our current treasury (640
x 4.5% APR).

Decentralisation By creating CityDAO validators, instead of using LIDO stETH,
we’re helping decentralise the validator set. Lido currently controls over 30%
of all Ethereum validators.

Risk We currently hold ETH and there is no additional ETH exposure risk. No
smart contract risk. By running our own validators, we don’t have any smart
contract risk with a liquid staking token.

Slashing risk. Validators will be run by a trusted Node Operator with historic
experience.

Withdrawals The beaconchain now allows for withdrawals, when we need to sell
ETH, we can withdraw validators in 32 ETH lots or all at once.

There is currently no exit queue to withdraw validators, but this could change
in the future and we should plan for withdrawals ahead of them being required.

Node Operator The CityDAO Node will be operated by Reeves (proposal author) who
has been running community validators for years. Reeves was a facilitator and
Gnosis Signer of the CityDAO Dev guild when it existed, and worked on the
Parcel-0 Land NFT.

Costs Initial Hardware Costs: $1,500 USD to purchase dedicated hardware for
CityDAO.

Commision: 10% of income to the Node Operator to cover running costs
(maintenance, power and internet). This is the same commision that is charged by
Lido if we were to use stETH. Rocketpool has a 14% commision.





Approve

75votes
96%


Reject

3votes
3%

3 months ago


CIP-202: CITY COUNCIL 2.0 INTERNATIONAL V.2



TLDR

The purpose of this CIP is to create a more inclusive CityDAO Council and to
fund the Community Team, which will make sure we have engagement across multiple
communities. This CIP will last for 6 months, followed by democratic, open
elections. The quorum for this CIP is 500 votes and the requested total budget
is $107K. This CIP combines both a council CIP and the community team CIP, which
is why the budget is high.

Why is this needed?

For the past year, CityDAO has had some very important problems that we cannot
fix without authorization by the community through a CIP. The main problems can
be explained in three categories: administrative, legal and taxes.

Administrative:

Our multisig wallet has members who are no longer part of the DAO. This is not
safe. Our quorums make it too easy to request large amounts of money and only
require 51% approval from voters, no matter how much money is requested. Our
voting allows for certain individuals to control the votes. Our international
communities do not have enough representation. We have no process for complaints
and grievances, which has led to negative behavior on the discord. This
destabilizes our community and makes it harder for citizens to get involved with
CityDAO. How to make sure that people who are paid to do work do not get paid
unless they accomplish their work.

Legal:

We don’t have clarity on what CityDAO can do to earn money as an American DAO
LLC. Without this, we keep spending money without making any money. We don’t
have anyone who can legally sign contracts on behalf of CityDAO for our events,
partnerships, or for when we hire independent contractors for work.

Taxes:

We need to pay our taxes and send out the proper forms from the American IRS to
anyone who gets paid more than $600 per year. We need a CPA (certified public
accountant) to handle some of these tax issues.

The proposed City Council 2.0 would include the following seven people:
Blackacres, David, Nico, Ming, Lupei, SimplePixel, Serkan

Blackacres North American (NA) community communication Advisory board
communication lead Handling and filing taxes including CPA oversight and
paperwork Clarify the charter (GROUP) Clarify how an NFT holder confirms their
citizenship for forum likes Clarify Snapshot voting to refine algorithmic
quorums and/or implement quadratic voting Human Resource Management (GROUP)
Complaint and grievance process

David Work with outside counsel to handle legal issues in CityDAO Clarify who
can sign contracts on behalf of CityDAO Clarify the charter (GROUP) Clarify how
an NFT holder confirms their citizenship for forum likes Clarify Snapshot voting
to refine algorithmic quorums and/or implement quadratic voting Human Resource
Management (GROUP) Complaint and grievance process Hiring and dismissal of
independent contractors Dismissal of council members and other DAO members from
groups Clarification on DAO tool access

Nico Taking notes on meetings Summarize round-ups Keeping things in check on
that we’re on topic at meetings Community (GROUP) Cross channel communication
across communities Help out with community calls, especially with NA and China
areas. Hosting Twitter (X) Spaces Strategic operations (GROUP) If someone
proposed something and didn’t follow through, should they still get paid? The
work people say they’ll do and what they actually do should be documented and
shared with the DAO. How can we ensure accountabilities for passed CIPs Assist
with strategic communications about the long term development for CityDAO - what
are we building?

Ming CN community communication Wechat group management and public account
management IRL meetups in China Translate newspapers and round-up into Chinese
Partnerships and communication with other CN DAOs DAO TALK Twitter Space
Strategic operations (GROUP) Develop operational and marketing plans Plan
CityDAO branding activities

Lupei Thai community communication Translation and content tailoring in Thai
community IRL meetups in Thailand (as needed) Community operations (GROUP)
Making sure everyone in the DAO has the same information Community activities /
projects management CityDAO contest organization Publishing newspaper Twitter(X)
management/access.

SimplePixel Co-lead Turkish community communication Management of partnerships
with Turkish DAO/web3 organizations IRL events in Turkey Community operations
(GROUP) Management of community activities and projects for overall DAO Hosting
TR Twitter spaces CityDAO contest organization Strategic operations (GROUP)
Clarifying the CIP process Making a clear template for the creation of CIPs
Clarify the charter (GROUP) Clarify how an NFT holder confirms their citizenship
for forum likes Clarify Snapshot voting to refine algorithmic quorums and/or
implement quadratic voting Marketing / Events (GROUP) Figure out what upcoming
events are happening globally and locally Make a CIP and work with others on an
events budget Sponsorship & event participation for Turkish Community

Serkan Co-lead Turkish community communication Co-hosting biweekly Discord TR
community calls Translation of newspaper and round-up into Turkish Community
(GROUP) Representing the First & Founding citizens Connecting and gathering info
about active/passive citizens on Discord & Twitter Strategic operations (GROUP)
Research other DAOs about success / failure

Advisory / CityDAO Assembly (non voting): Anyone with more than 50 Citizen NFTs
or any Founder NFTs. Being a member of the CityDAO Assembly provides streamlined
access to the council and community team, which includes efficient feedback,
communication, development of ideas and assistance in turning ideas into viable
CIPs. This will be implemented after discussion and after main priorities are
accomplished.

If any council member misses more than two meetings without explanation, they
will be removed from the council. They will not be replaced until the next
election. Voting on all issues within the council will require 4 of 7 votes to
pass, except that choosing members of the multisig will require unanimous
council approval.

RESPONSIBILITIES

City Council 2.0 is meant to accomplish very specific goals. Each of these goals
is directly tied to the effectiveness of CityDAO. The planned goals are as
follows:

Month 1-3

How to confirm citizenship for likes Adjusting quorums Update Charter Operations
Clarify the process of CIP creation → Forum → Snapshot Making a clear template
for the creation of CIPs Clarify how an NFT holder confirms their citizenship
Ensure that only verified citizens are able to “like” CIPs on the Discourse
forum Clarify Snapshot voting to refine quorums and/or implement quadratic
voting Who posts Snapshot votes when the 20 like threshold is reached
Clarification of DAO tool access Clarifying access process for Twitter & Discord
Taxes and CPA relationship management and organization Appoint the 8-person
multisig, remove non-participating members, and make clear rules

Month 3-6

Legal Establishing contact with outside council Making sure there is a clear
pipeline for legal questions to be answered Who can sign contracts CityDAO
treasury payments from projects Using NFTs as compensation to citizens
Maintaining or hiring people to maintain the DAO tools including Discord,
Discourse, Snapshot, Website, Notion, and Twitter

Human Resource Management Make rules for how members are removed in the future
Establishing and enforcing regulations for behavior on Discourse and Discord
Establishing a complaint and grievance process for CityDAO citizens

BUDGET BREAKDOWN

Council Members: $1500 per member per month ($63,000 total) Lawyers, Accountants
and Other Professionals: $12K total Council Fund (only used for bounties and
hiring): $20K total Community Fund : $12K total





Approve

177votes
95%


Reject

9votes
4%

4 months ago


CIP-190



Overview

This CIP seeks to reimburse MemeBrains for 2,014.65 USDC of expenses he incurred
while establishing a CityDAO presence at ETH Toronto earlier this year, August
2023.

Here is the One-Page Summary Report for CityDAO at ETH Toronto
(https://docs.google.com/document/d/1kYP4WRE-k6dijiegOvPmntxfynWpMzPkOCGSu1nKYmM/edit)
including details on the DAO panel with 100+ attendees, the Bankless DAO
after-party collaboration with 75+ attendees, the CityDAO event banner, event
badge minting, video interviews with attendees and other photos/videos for
social media sharing and branding purposes, and more.

Here is the Master Folder for all ETH Toronto event files 2 including photos,
videos, budgeting etc.
https://drive.google.com/drive/folders/16a13CAaDaEkSKWTQq9rDYuen9BoSZmsm?usp=sharing

Here is the Costs Detail Breakdown
(https://docs.google.com/spreadsheets/d/1iquuxOrWS6pI_xtQ2yXSVBGfMPmsSvuxRdDTqtA85c0/edit#gid=0)
for the 2,014.65 USDC of expenses sought to be reimbursed. Note that the
expenses sought to be reimbursed from this CIP are for physical out-of-pocket
expenses only. None of the funds requested for in this CIP are for his personal
time as this was a volunteer based initiative.

Background

CityDAO has participated at numerous major events in the past such as
Permissionless, ETH Denver, DCentral, and more. Participating at these events
provides benefits such as; potential recruitment of new contributors,
credibility in the ecosystem, IRL meeting points for CityDAO Citizens to get to
know each other better, in-person meeting and strategy sessions for Citizens,
social media content, and more.

MemeBrains used to have a small event production company from his early
entrepreneurial career and produced approx 12 events for the Toronto
small-business community ranging from 50ppl - 500ppl in size. He volunteered
himself to carry out this initiative for CityDAO.





Yes

132votes
89%


No

15votes
10%

5 months ago


CIP-187: CITY HALL




OUTLINE

 * Video summary (link)
 * Budget / business model (link)
 * Overview
 * Budget
 * Team
 * Property Selection
 * 90 Day Plan
 * Post-close
 * Property Multisig


VIDEO OVERVIEW

https://vimeo.com/851467740


BUDGET ESTIMATE

https://docs.google.com/spreadsheets/d/152kX9W8a-bSq1x16h2uPf-9Ojhm6yiqT6a2IgU9ShOc/edit#gid=0


OVERVIEW

This CIP authorizes the purchase of a multi-functional space in Denver, Colorado
that will serve prominently as CityDAO’s City Hall. The space will be
collectively owned by CityDAO and available for Citizens to co-work in, serving
as a home base for Citizens to build especially during ETH Denver.

The space can be opened up (or rented out) for events, hackathons, build weeks,
and used as co-working to achieve a sustainable business model. This CIP allows
for the acquisition of the property but does not force CityDAO to acquire one or
operate any specific activities.


POTENTIAL USES & BENEFITS

Once acquired, the following uses can be immediately considered:

 * Flexible co-working space for Citizens - the "City Hall" for CityDAO.
 * Community events, hackathons, and educational programs.
 * Develop local partnerships and sponsorships.
 * Any other community-led initiatives that align with CityDAO's values and
   objectives.
 * Citizen Benefits where permitted

By securing the property, this CIP provides CityDAO with the flexibility to
explore various optional avenues for community engagement, innovation, and
revenue generation, as deemed fit and approved by the DAO's governance
mechanisms.


BUDGET:

TOTAL ALLOCATION: $1,630,000

 * Property Cost: Up to $1.5M Released by multisig upon final property selection
 * Operating Expenses Reserve Fund: $100k (property taxes, utilities,
   maintenance, other operating related expenses) Released by multisig upon
   final property selection
 * Project Budget: $30k (travel, legal, brokers, furnishing, etc) Released by
   multisig upon passage of this CIP If we the full Property Cost is not spent,
   up to 10% of the extra funds may be allocated to the OpEx Reserve Fund

Flexible allocation The budget outlined is based on current estimates and while
it will not exceed 1.63m, may be re-allocated within these categories based on
actual needs and unforeseen circumstances. Upon approval from the CityDAO
Multisig signatories, the team may redistribute funds between budget categories
(Property Cost, Operating Expenses Reserve Fund, Project Budget) up to a limit
of 10% of the total allocation without requiring an amendment to this CIP.


PROJECT TEAM:

This project is fundamentally a DAO-driven initiative and CityDAO citizens
retain the ultimate authority and responsibility for the project. While the DAO
provides oversight and final approvals, a dedicated Project Team is in place to
execute on the DAO's directives and manage day-to-day operations. The Project
Team serves as an extension of CityDAO, carrying out the technical, operational,
and strategic tasks necessary to bring the project to fruition.


TEAM MEMBERS:

Scott: Lead Coordinator Roles: Property tours, broker liaison, contract
management, and other necessary duties.

Lyons: Strategy & Operations Roles: Community engagement, space utilization, and
other necessary duties.

Specialists: Legal advisors, property managers, and architects Roles: To be
hired from the project budget as needed.

HQ Task Force: Community Liaisons Roles: Real-time updates, property vetting,
and community feedback

Note: While the Project Team will endeavor to select and operate the best
possible space, there are no guarantees concerning the quality of the space,
revenue generation, or specific use of the space.


PROPERTY SELECTION:


SELECTION CRITERIA:

 * Convenient access from ETH Denver venues
 * Newer or remodeled construction that is low maintenance
 * Size and layout conducive for co-working and events
 * High quality space with good natural light


SELECTION PROCESS:

Sample Property Selection Process and Criteria

While the criteria and sample process outlined are designed to guide the
property selection towards the most favorable outcome for CityDAO and its
members, it is understood that unique opportunities and challenges may arise.
Therefore, the Project Team reserves the right to adjust these parameters as
deemed necessary for the benefit of the project and community.


SAMPLE PROPERTIES

821 22nd St, Denver, CO 80205

1641 California St, Denver, CO 80202

5134 W 29th Ave, Denver, CO 80212


90 DAY PLAN - TENTATIVE SAMPLE

0-30 days: After the CIP passes, a search will immediately begin for properties.
Scott, Lyons, and other interested Citizens will fly out to Denver and tour
properties to get a feel for the market and our options. The initial $30k will
be converted to fiat for travel to Denver, broker fees, and in preparation for
making a deposit. We'll start sharing our favorite properties with Citizens in
Discord. 30-60 days: Narrow down the list of properties. Record video tours of
the properties, do diligence and put together a plan on the estimated costs and
benefits of owning each of the properties. For each property, we will compile a
report, video tour, and share them for feedback with the DAO. 60-90 days: If a
promising property is identified, we will present it to the DAO on a community
call for feedback, questions, and comments. After identifying one we are excited
about, we will ask the DAO to do an informal "temp check" vote on that property
(not a CIP). If the vote passes, the multisig will offramp up to $1.5m for
purchase of the property and transfer $100k in reserve funds to the Property
Multisig.


POST-CLOSE

After closing on the property, we will plan a CityDAO Build Week where we will
invite citizens to come set up the space and help with furnishing, signage, and
decorations. We will also try to involve remote Citizens who cannot attend in
person for things like design and ideas for the space. Budget permitting, we can
subsidize travel and lodging for interested Citizens.


PROPERTY GOVERNANCE AND OVERSIGHT MULTISIG

After acquisition, the property will be overseen by a multisig consisting of
Scott, Lyons, and one independent member appointed by the CityDAO Multisig or
CityDAO Council if the CIP authorizing its creation passes. They will steward
the reserve funding in the multisig, from which they will handle things like
property management, taxes, and ops hires. Property Multisig shall make best
efforts to ensure the property is well kept and managed.


CONTINGENCY PLANS

If City Hall is unable to sustain ongoing operations due to lack of revenue,
management conflict, or other unforeseen circumstances, then the property shall
be sold and all funds returned to the CityDAO treasury.





APPROVE

104votes
40%


REJECT

155votes
59%

5 months ago


HISTORICAL GOVERNANCE PARTICIPATION


Participants / Proposal
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'22Dec '2220232023Feb '23Feb '23Mar '23Mar '23Apr '23Apr '23May '23May '23Jun
'23Jun '23Jul '23Jul '23Aug '23Aug '23Sep '23Sep '23Oct '23Oct '23Nov '23Nov '23



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