This crowdfund forms a DAO to provide accessible explanations of decentralized protocols.
The core team currently includes 8 people with a background in protocol engineering and audits:
This DAO will publish explanations of protocols and related upgrades to a Mirror publication. DAO members can help engage with protocols, understand the community’s needs, and help draft governance proposals.
Protocols are highly technical, but we seek a mainstream understanding of how they work - much more so than in the web2 world. Because these protocols are open-source and upgradable software, communities can form around their review and maintenance.
Moreover, given the nature of protocol upgrades via decentralized governance, there's a need for ongoing protocol reviews by community members. A robust auditing model exists for major protocol upgrades, but are optimized for large technical reviews, prepared primarily for the core team — producing an expensive and highly technical single artifact.
We think that a "review DAO" can provide a responsible party for ongoing protocol review and explanation, and that this particular DAO can serve as an example for others as well. In the future, we imagine many review DAOs existing, each with a focus on a few protocols, and containing expert members.
If proven beneficial, we hope more "review DAOs" will spring, filling the growing need for trusted reviews of community-owned projects, and enabling responsible decentralization of more protocols across the industry.
Follow the Protocol Review Twitter account for updates.