Title: Forming an Indigo Protocol Technology Working Group (TWG)
Now that the Protocol Working Group (PWG) has been created, the Indigo Labs team proposes the creation of a Technology Working Group (TWG) to assist in the technical development of the Indigo Protocol and the greater ecosystem. Section 3.5 of the Indigo Constitution authorizes the creation of Working Groups by a vote of the DAO Members.
As discussed when creating the PWG, working groups are commonly used to help selected community members collaborate on important protocol projects, and give detailed guidance and advice to the community and to service providers like Indigo Labs. The PWG has already presented Temp Checks and become an essential resource to the community on its focus areas on improvements to the rewards structures, fees structures, economic incentives, and related matters.
We propose that the focus areas for the TWG be the following:
- Understand the Tech Stack - i.e., the Indigo Protocol smart contracts, web app, oracles, etc., and the blockchains, systems or infrastructures that each of those interact with;
- Work with Indigo Labs and other service providers (e.g., mLabs) to: evaluate and improve the Tech Stack; identify and define new features and functionalities (upgrades) or improvements to existing systems (updates); provide insights and evaluations of technology audits/audit scope; and provide advice and suggestions on any other aspect of the Tech Stack or the ecosystem;
- Act as advisors and consultants to the Indigo community and to service providers on the near-term and long-term technological development of the Tech Stack and DeFi technology in general, and to general specific software code where appropriate;
- Generate educational content for the community as they deem fit regarding all of the foregoing.
Members and Term/Termination
The TWG members should be experienced engineers, developers and/or builders of dApps and DeFi protocols on the Cardano blockchain, including all relevant software coding languages.
As with the PWG, participation in the TWG would be a voluntary, unpaid position at the start. We believe that working groups of other projects frequently receive payment for their work and that Indigo TWG members (and for that matter PWG members) should be compensated in INDY in the future; however, we think that it is best to delay any decision on that until the DAO treasury is unlocked with the next protocol upgrade.
The initial term of TWG members would run from the date that this Temp Check is passed as a Proposal and continue to June 1, 2024.
The number of TWG members is not set – we suggest that it be at least four at the start, and that the DAO should consider minimum or maximum member numbers in the future. TWG members can resign at any time, and the DAO could vote to remove any TWG member at any time. The TWG members would agree to have bi-weekly calls and provide updates to the community, but otherwise would be free to organize their efforts as they see fit. To be clear, this Temp Check does not give the TWG members any control over any DAO Treasury funds or over any aspect of the Protocol (i.e., the TWG is not receiving any ‘keys’ to the Protocol, web app, etc.).
While we suggested a community-driven nomination process for the initial PWG members, the Labs team has had the opportunity to engage with numerous talented engineers/developers/builders for nearly two years while building and managing the Indigo Protocol, and we feel that we have identified several highly-qualified individuals who we have reached out to, and who are willing and able to be members of the initial TWG. So in this Temp Check we ask that the following highly-qualified individuals be approved as initial TWG members:
● Nico Arqueros / Founder dcSpark / Twitter: @nicoarqueros / Discord: nicoarq#4895
● Conrad Cordeiro / Co-Founder Kora Labs (ADAHandle) / Twitter: @conraddit / Discord: $conrad#0909
● Pi Lanningham / CTO SundaeSwap Labs / Twitter: @quantumplation / Discord: quantumplation#3141
● Andrew Westberg / CTO NEWM / Twitter: @amw7 / Discord: AndrewWestberg [BCSH]#7537
We believe that this proposed TWG, like the PWG, would greatly benefit the Indigo Protocol by harnessing the collective expertise and dedication to Indigo of the community, while at the same time furthering Indigo Protocol’s standing as one of the most decentralized DeFi protocols on Cardano! We ask for everyone’s support and look forward to answering any questions.