Thank you, @raho, for your thoughts. Messari’s reports are top-notch and we think that Compound would benefit from both of our teams’ efforts to produce the volume and quality of research that it takes to solve the information asymmetry problems we discuss above. It was our intention to convey that Boardroom’s primary role is that of an operator and facilitator that will provide insight into research initiatives but consider research itself a secondary activity.
To that end, we will be updating our proposal to include a pilot program for research RFPs initially funded by this grant and bootstrapped by a committee, to be then expanded into a formalized and competitive process guided by the community. We hope we can count on your input and feedback once proposed.
As for the need for governance facilitation services, we feel strongly that Compound would benefit from having a neutral, third-party service dedicated to making its community governance more accessible and effective. The need for a role like this has been talked about in this forum for nearly two years. See, for example, this post from July 2021.
We believe there are currently several solvable frictions that are holding back Compound governance. For example, we began the process of creating a Compound Autonomous Proposal (CAP) for this very proposal but despite our experience in handling Governor contracts, we found that the CAP process was under-documented and hard to navigate. This limits the vast majority of potential contributors and proposers from being able to add value to Compound. Similarly, the recently established CIP process – which is very promising – may need more dedicated support.
These are just a few recent examples of onboarding and contribution issues that may be drastically limiting newcomer initiatives and involvement, which can be solved with procedural updates and proper communication channels and documentation. Making Compound’s practice and culture of governance the best it can be can’t be done by any one person or group alone, but we believe that adding a Governance Facilitator role is a worthwhile investment towards that goal.
We have been in discussions with Compound stakeholders and operators that have expressed support for this initiative, but we join you in wanting to hear the opinions of more of the community - hopefully, this conversation spurs more public discussion!