P3RKS Q1/2 Budget Application
Authors: @kempsterrrr , @pbillingsby.eth , @Martin , @mannyornothing
P3RKS proposal to become a Sub-DAO of Developer DAO.
P3RKS fundamentally believe
Scope of Work
Domain of Operations & Team
P3RKS is a platform for DAO Members to access unique offers and rewards from ecosystem partners. If you’re either a holder of the D4R NFT or > 400 $CODE Tokens, you can already use P3RKS to access benefits from Kubera, Koinly, 4EVERLAND, NowNodes and Ankr.
In S1, the P3RKS team were responsible for securing and onboarding partners, all for free, in pursuit of testing the product and providing value to Members. In S2, we’re to rapidly expand our partner network to provide more perks to DAO Members, return value back to the DAO Treasury and refine the platform based on feedback from Contributors and Members.
P3RKS was built in Developer DAO, and everyone in the team is a Member:
DAO Infrastructure updates
To ensure the effective delivery of perks to Members; we request an announcement channel be created for P3RKS so we can auto-post new perks to Members via a Webhook. We have this setup up and running in the P3RKS server as a test.
The Webhook posts a message with an embed including details of the offer, @’s a role that eligible Members hold and provides a link to redeem the perk.
See the image below:
We also request a link, section or sub-domain on the Developer DAO website to showcase perks to both Members and prospective Members. This has two benefits:
- Ensure Members are aware of Benefits
- Entices prospective members to become Members to access benefits, thus increasing the intrinsic value of DAO membership
Place a link to P3RKS on DAO documentation Notion or anything that replaces it
A regular space available in the newsletter for highlighting perks available to Members.
In S1, our goals were broken down into 3 phases - see our S1 budget application.
Phase 1 - Idea Validation (Complete)
Phase 2 - Build MVP for Developer DAO (complete)
Phase 3 - Refine and expand to other DAOs (On-going, pivoting)
As a result of our learning through Phases 1 & 2, our plans have evolved.
The primary lesson was that for P3RKS to be scalable and best serve DAOs, it must be a self-service tool that DAO can use themselves without the P3RKS team’s direct support.
To that end, our OKRs for Season 2 are defined below:
|O1||Foster a fun and safe Member experience||Owner|
|KR||Provide Members with easy access to benefits and rewards for their Membership of the DAO||Kemp|
|O2||Provide DAO members with high-quality learning opportunities||Owner|
|O3||Support DAO members to elevate their impact on the world||Owner|
|KR||Secure >= 5 further partnerships that add value to Members||Kemp|
|O4||Position the DAO structurally and financially for long-term success||Owner|
|KR||Send at least $625 to the treasury by the end of the quarter||Kemp|
|KR||Work with Partner Leads to provide a self-service experience they can use independently of the P3RKS team to generate more value for the DAO||Kemp|
Budget Request (Including value returned to the DAO)
Breakdown of funds allocation during Season 1
Funds were allocated to our main Contributors and a lower amount to Colin4ward as an advisor to the team.
For the sake of transparency, see the breakdown below:
Remaining budget = 4,120
$CODE Budget Request
User Feedback Bounties
We’d like to use some $CODE to incentivise DAO Members and Contributors to provide the P3RKS team with valuable feedback to improve the product to serve them.
|Initiative||Estimated Hours||Total Users||$CODE Requested|
Total = 2,250
Each team member
Total = 18,000
Bounties + Team Rewards - Balance from Last year = 16,380 $CODE for this Qaurter
Value return to the DAO
P3RKS will be successful when Developer DAO is successful. As we grow, the same will apply to other DAOs we hopefully get the opportunity to serve.
P3RKS will operate on a “pay to list” fee of $500/month (this may be subject to change depending on market feedback). This means every partner signed up to P3RKS to offer benefits/rewards to D_D Members will need to pay $500/month to have this opportunity.
Given that we must grow together, P3RKS will share this revenue with the DAO by providing 25/% of revenue from each paying partner. This would be paid on-chain to the DAO’s treasury once a month and only after customers receive funds.
To further support the DAO, any partners the DAO secures via other means (i.e. Monthly partnerships) will get a free listing slot on P3RKS.
If we hit the OKR of 5 paid partners on the platform by the end of this Quarter, that would mean the DAO would be receiving 5 * 500 * 25% = $625 USDC a month into the treasury (assuming partners are retained, and listing fees do not change).
- Asking for X from treasury
- Requires some small community infra changes