gm @Lindsey, here’s our weekly update, just created the logic for an algorithm that will distribute points to DAO members, based on high quality forum posts, and we also created a method to make sure it’s sybil resistant as well.
Week 1
1. What are your updates on the week? Let us know how things are going.
We succeeded in creating the logic for the Sybil Resistant Point System for DAO contributors based on forum participation. We also shared two updates on Backdrop this week!
The challenge we would like to address in the DAO space is the cultivation of a portable and authentic reputation system. So we got started by designing the logic for an algorithm that rewards valuable contributions within a DAO forum, to balance the emphasis of quality content, community alignment, and active participation while providing a system that is also resistant to sybil attacks.
2. What did you accomplish on your big rock goals? What went right? What went wrong? How is it going to impact what you do this next week?
We accomplished our big rock goal for the week: to create the logic for the Sybil Resistant Point System for DAO contributors.
What went right?
We created the logic for the algorithm that rewards and recognizes contributions that foster productive discussions and contributions that advance discussions while providing critical feedback.
What went wrong?
Full Sybil resistance is very difficult to achieve. There will always be actors who will try to game the system. However, this is just a realization, and not something that actually went wrong.
How is it going to impact what you do this next week?
Now that we have the logic for distributing Points to DAO contributors, we can create the algorithm for our meritocratic-based reputation system.
3. How can the OP community help you?
The OP Community can help us by providing feedback on the logic for our point system. We will get feedback from several contributors from different areas of the DAO.
4. What are your big rocks for the coming week?
Our goal for next week is to create the script for the algorithm based on the logic we created this week. By next week, we’ll be able to showcase the top contributors from the DAOs within our database.
5. Here’s a short video explaining how the logic for the algorithm works
Here’s a Google Doc that breaks down the logic in greater detail