Optimal Contracts’ Post

Launching Optimal DAO with a fair exchange of value in all activities A very interesting paper by Costin Oarda addresses the Principal-Agent problem due to informational asymmetry, where the people offering a product or service, are better informed than the users and community. What caught my attention was that the Optimal DAO would have several tokens in the ecosystem: - OPTIU is the DAO’s usage token and a non-transferable and non-burnable NFT usage token, designed to be a usage indicator and confer specific rights to the users who own it. The supply is uncapped and strictly non-decreasing - OPTIB is the DAO’s board token and a transferable and non-burnable NFT token allocated to board members for the agile execution of DAO operational decisions and protection in critical events. Its supply is constant. It is initially allocated to the founder and early advisors. It is transferable by a vote of the governance, motivated by the reputation of the members of the Board of Directors, and designed to meet the best compromise between agility and decentralization. - OPTIG is the DAO’s governance token and a non-transferable and burnable voting used to vote on DAO strategic decisions. Each usage token OPTIU is associated with an active user and each board token OPTIB gives access to an OPTIG. The supply is equal at the beginning to the supply of OPTIB to allow agile development of the DAO. Over time, as OPTIGs are distributed through usage, the weight of the board in the DAO’s strategic decisions becomes insignificant compared to one of the users, to reduce the operational risk at the start of the project by enabling the project to be scaled up in an agile but centralized way, to become fully decentralized in the long run. - OPTIM is the DAO’s economic token. Optimal DAO is meant to put people back at the center and re-establishes their real ownership and contract certainty If you want the paper, write me "Optimal DAO" in the comments and I'll DM it. Follow 👉 Anton Golub & share ♻️ with your network