Skip to content
This repository has been archived by the owner on Mar 5, 2023. It is now read-only.

FAQ

Jump to bottom
Trent McConaghy edited this page Nov 30, 2020 · 13 revisions

Frequently Asked Questions

  • Q: Is voting from exchanges possible?

  • A: No. Make sure to have an OCEAN balance in a non-custodial wallet before voting opens on Dec 15.

  • Q: How does Ocean relate to other Ocean funding programs (Shipyard, Data Economy Challenge)?

  • A: They are complementary:

    • Shipyard offers grants curated by the core Ocean team.
    • OceanDAO offers grants curated by the broader community of OCEAN holders.
    • Data Economy Challenge (DEC) offers prizes curated by expert judges from the community.
    • More information is at: https://oceanprotocol.com/fund

  • Q: Is Ocean a governance DAO? Can we use it to change parameter x?

  • A: No. OceanDAO is exclusively a grants DAO which gives funding for community-proposed projects. That’s it.

  • Q: Is this Ocean V4? If no, does that mean you didn’t complete your roadmap?

  • A: The roadmap laid out shipping OceanDAO as Ocean Goal 4 / V4. In shipping OceanDAO, we are fulfilling Goal 4 and the promise of the roadmap. However, we are now reserving the label “Ocean V4” for future changes to Ocean smart contract software.

  • Q: Why not quadratic funding? Quadratic voting? Conviction voting? Futarchy? …?

  • A: These are all great ideas. Currently we constrain ourselves to using readily-available tooling with a minimum of experimentation needed. None of the ideas listed fit that criteria. However as DAO tooling improves, we hope to be able to try out new ideas.

  • Q: Are there plans for a governance DAO?

  • A: Not at the present. This is also because, for Ocean, PRs or forks are generally more appropriate anyway, see below. Let’s see how things evolve.

    • For changes to Ocean Market code, then make a PR, or fork and make your own version.
    • For changes to libraries like ocean.js, then make a PR, or fork and make your own version.
    • For changes to the datatokens contracts: there is virtually nothing to change since they’re so simple. Basically just ERC20.
    • For changes to the pool contracts, fork it, change it, and deploy as your own version. We want more types of pools in Ocean.

🐬 Write Proposal 🐠 View Proposals (Port) 🐙 Chat (Discord) 🦈 Town Halls 🐋 Vote (Snapshot) 🐚 Explore Projects (Ocean Pearl) 🐳

Clone this wiki locally