I would like to share my vision for the structure of Fei’s DAO and its various core functional components as we build out our community. It is based on a similar visualization of Index Coop’s organizational structure (Index Coop Org Chart - Organization - The Index Coop), and I believe this framework works quite well with some modifications. A wireframe draft has been discussed with various mods and below is a refined version based on their feedback.
A big thank you to @Spiral for helping out with the infographics.
Edit #1 - Org Chart updated per comments.
This exercise allows:
- The community to establish, organize and to bring focus into what activities are required to sustain the operational aspects of the DAO.
- Those new and existing to the project to visualize the relationships of the structure of the various core components.
- As a marketing and onboarding tool for users outside of the ecosystem to understand Fei.
- As a long term roadmap on how Fei should grow into and what types of roles needs to be filled.
- This is a chart to show what Fei could be, and not should be (see ending notes).
The Community and Tribe Holders are central to the organization. You can imagine that these are ‘sub-Tribes’ under our main ‘Tribe’. The various core functions have a flat relationship and are as follows:
DAO Organization & Operations - this is the entity that runs the day-to-day operations of the DAO.
Treasury - this is the entity that is responsible for the finances of the DAO, including management of the PCV.
Growth & Business Development - this is the entity that is responsible for interfacing with various other protocols and come up with ways to bring value to Fei.
Protocol Controlled Value (PCV) - this is the entity that represents our main asset, used for the collateralization of Fei and defense of its peg.
Community Engagement - this is the entity that will oversee its current and future users, and is responsible for generating content for investors outside of our ecosystem. For example, the Discord and this Discourse forum is a channel for Community Engagement.
Engineering and Protocol R&D - this is the entity responsible for implementing the code necessary to execute the various functions. Currently Fei Labs sit within this sphere as they are leading the project (and thus have direct access to the PCV). It is in my hope that there will be more community involvement to decentralize the functions of this entity and for organic growth as our ecosystem matures.
The current Working Groups fall under the various core functions:
- The PCV Diversification WG currently work under the scope of the Treasury. Over time, this will be absorbed into the core Treasury function itself as the PCV will need to be continuously managed.
- Partnerships & Integrations WG work under the scope of the Business Development entity. Over time, they will be absorbed into the Business Development itself as their role is one and the same.
- There are various roles that currently do not exist (or are currently informal) and should be considered, these are described as dotted circles right now:
- Meta-governance would be a paired function between the Treasury and Business Development. This allows Fei to have governance power by holding various other tokens as an investment and will allow us to help influence other protocols for our interests as well as good governance of the DeFi space as a whole.
- The Academy is an entity that some others are working on which help educate users about Fei and DeFi.
- Design is an element of marketing that is essential. Good graphic design represents our brand and helps to break down complex relationships so that it is visually easier to understand (like the diagram you see above).
- Global Translations is a function which allows us global outreach to all users. Non English-speaking users also need to be taken care of.
Open for Feedback
I hope that this diagram is thought-provoking. I welcome the community to give feedback on whether there are any roles or functions that should be (or not be) there. I also hope that this will lead to further discussions and proposals on whether there is interest from the community to take up formal roles for the core functions, and to establish a leadership team.