GoodDAO Governance North Star [v0.1]
A Good Collective for the Collective Good
This document outlines the vision, mission, and key guiding principles of GoodDAO – the highest level of purpose by which all members shall align themselves. These commitments shall serve as the basis for all decision making as related to GoodDAO governance. This should be recognized as a living document that will evolve over time, reflecting the dynamics of the GoodDollar ecosystem and GoodDAO’s desire to iteratively grow and adapt.
I. Rationale: Why GoodDAO?
Current economic systems centralize wealth and power, maximizing value for the few rather than the many. GoodDollar aims to change this.
GoodDollar is building an alternative monetary system that is more fair and inclusive. As such, the mechanisms by which decisions are made, resources are allocated, and power is distributed should embody those principles of fairness and inclusivity – an initiative manifested through the GoodDAO.
GoodDAO’s governance system exists to provide a path toward influence for those who want to contribute to and benefit from the growth of the GoodDollar economy.
Composed of a global collective of people from various backgrounds, GoodDAO enables its diverse participants to have a voice in stewarding the protocol, treasury, and ecosystem.
II. Preamble: Why a Governance North Star?
How GoodDAO is governed fundamentally depends upon what is governed and why. As the ecosystem grows and changes, governance must be able to rally around a consistent, shared motivation – a GoodDAO governance raison-d’etre.
A North Star outlines a clear purpose and culture of governance to help shape the boundaries and direction by which to align collective action.
This document sets the bearings for GoodDAO governance, guiding the endeavors of its globally-distributed body of participants. By communicating a shared vision and aligning long-term objectives, the GoodDAO Governance North Star makes it easier for those who share similar values to contribute.
III. MVP: Mission, Vision, Purpose
The following is the mission, vision, and purpose of GoodDAO governance:
Mission
To steer the flow of G$ towards projects and communities aligned with the purpose and growth of the GoodDollar economy.
Vision
A global network allocating resources and supporting the public goods that promote the sustainability of the GoodDollar economy and maximize shared value.
Purpose
To enable the participatory governance required of an inclusive, alternative monetary system that serves the needs and causes of the many, not just the few.
IV. Core Principles
Below are the principles central to the organization and direction of GoodDAO governance:
- Inclusive participation: Empowering individuals across the world to make their voices heard
- Distributed stewardship: Enabling the agency of all participants within the GoodDollar ecosystem
- Subsidiarity: Channelling global pools of value according to the knowledge and needs of local networks
- Regeneration over extraction: Fostering circularity over hierarchy, distribution over accumulation, and sufficiency over excess
- Human-centered growth: Consciously advancing and evolving GoodDAO according to embedded humans values
- Sustainable impact: Ensuring that GoodDollar continues to maximize value for all its stakeholders in the future