5. Initial Pilot - 2022

5.1 Before Launch

To prepare for launch, there are a few tasks we wanted to properly complete:

  • perform an informal audit of the 0xSplits contracts by members

  • verify the 0xSplits contracts and frontend on testnet

  • deploy the 6/10 multisig, the Split contract itself, and the Vesting Module

  • onboard as many eligible Members through the process we have bootstrapped

  • broadcast the intent of the Protocol Guild to the broader community and potential sponsors, getting a precommitment of funds where possible

  • refine and document the operating process, which inlcudes curating and deliberating on potential members, onboarding them

5.2 Pilot Characteristics

As of May 8th 2022, all of the above have been completed. Here’s an overview of how the Pilot is structured.

  • Sponsoring assets will vest for one year (365 days) from stream initialization. Sponsoring streams may overlap with the next iteration of the vesting contract by a few months.

  • We are targeting between ~$10-20mm in sponsorships. If you’re interested in being part of this initial cohort of sponsors, you can send permissionlessly to the vesting contract 0xF29…1a9 here. If you or your project have questions, please reach out on Twitter, telegram @statefulworks, or to any of the existing members.

  • We will plan to update membership and weights ideally once per quarter, barring any special cases.

  • The beneficiary split has been launched with 111 beneficiary addresses - see the contract through the 0xsplits interface. The initial set of Pilot beneficiaries include:

    • Diviners (Researchers / Spec Writers / Client Tinkerers): responsible for divining the future needs of the protocol

    • Framers (Client Maintainers): In dialogue with the previous set, responsible for manifesting the best fit frameworks to hold these needs in balance with each other

    • Guides (Ecosystem relations, client tinkerers): in dialogue with both previous sets and responsible for guiding both of their paths of divination and manifestation

    • the donations.0xSplits.eth address, which represents the 0xSplits team and some of their Public Goods dependencies

5.3 Documenting Outcomes

Throughout the pilot, special attention should be given to evaluating outcomes related to the above characteristics. The information gathered should be archived in the docs as a cohesive report for the edification of future members and operational adjustments. The report should include the following topics:

Timing

  • Was one year the right length for a Pilot?

  • what should the typical vesting period be in regular operation?

  • What’s the earliest the next iteration would launch ahead of the Pilot vest concluding?

Funding

  • Were funding targets hit ahead of launch?

  • Was the initial raise too low / high?

  • Was there a healthy number and variety of sponsors?

Operating

  • What sort of operating procedures worked? Which ones didn’t?

  • What role did voting play in decision making, if any?

  • What were the best practices that emerged with regard to voting, onboarding, curation?

  • Should the weighting be modified eg. more granular, more subjective measures?

Membership

  • Did the Guild start with an accurate representation of protocol contributors?

  • What areas in the ecosystem should eligibility be expanded to over the pilot?

  • What were the notable membership changes/ disputes, if any?

  • What is the general state of the membership?

  • Has the presence of the Protocol Guild lead to negative or positive affects to relationships, the progress of regular projects?

  • What frequency has someone’s decision to join or remain in core protocol work cited the Guild as a compelling benefit?

  • Have any Guild members participated in mentorship programs to support diverse array of future contributors?