Well, as you may have inferred from the title, this post is to discuss the possibility of shutting down the GIVgarden. This post will cover the following:
- A quick explainer of the purpose of the GIVgarden
- Why I believe it should be shutdown
- Steps needed to shutdown the GIVgarden
- A proposal system that could replace it
The GIVgarden was launched at the outset of the GIVeconomy in 2021. It was designed as the proposal engine for the GIVeconomy & Giveth. Community members could propose initiatives that supported Giveth’s growth and mission and receive funding in GIV tokens to accomplish the work.
This primarily used Conviction Voting to gather “votes” from GIV holders. We had a series of proposals come through, almost all received funding, however a few proposals failed to provide the value they promised.
The GIVgarden has been neglected for the last 1.5 years and nobody uses it anymore, the original team of developers from 1hive/Gardens have stopped actively maintaining it and moved on to other projects.
Giveth DAO also hasn’t had the appetite for fielding external funding requests for quite some time and I am under the impression this has not changed.
The GIVgarden also holds a considerable sum of GIV and after observing conviction voting in action in not only our Garden but also in 1hive and TEC we found that this voting type allows proposals to pass too easily.
All these points above have convinced me that the GIVgarden is a looming liability to the GIVeconomy.
If the DAO agrees to shut down the GIVgarden it would require:
- Create a new multisig which will only hold the GIVgarden funds and disburse future proposal funding
- Create a transaction from the giveth main multisig transferring the GIVgarden’s GIVstream to the new multisig
- Create a vote from the GIVgarden which will:
- pause the voting apps on the GIVgarden (prevent more proposals and prevent voting on proposals)
- Send all of the GIV it holds to the new multisig
After the technical side of shutting it down is complete we would also need to:
- Remove the GIVgarden page from the website
- Remove references to the GIVgarden in our website and documentation
- Deprecate the GIVgarden documentation
- (?) Notify the community via Discord (?)
Our community will be able to request GIV for their Giveth-related initiatives through snapshot and depending on the outcome funding will be disbursed from the given multisig, manually done by the multisig signers.
We can adapt our current proposal process documentation to make it clear for members who wish to make proposals. Given the amount of proposals we’ve seen in the last 1.5 years (literally zero) I don’t think engineering a robust proposal system is a priority for us.
This proposal will remain up for at least one week for Advice Process - after which will move to a Snapshot vote to decide the outcome!