Our Working Groups
Decisions for the DAO are made by using INV in the Governor Mills voting contract but as it takes a minimum of five days to vote through a proposal, Inverse Finance DAO has delegated decision-making power to several working groups with limited autonomy and budget. The scope of these working groups is determined in their proposals and they exist to meet fast moving market conditions, to transfer specific or minor decisions to relieve token voters from information overload, and to create a reliable and enjoyable work environment.
Working groups are held accountable to DAO governance, are required to produce progress reports and periodically apply for budget renewals. Delegates have insight into all discord conversations and working groups can be altered or disbanded by a DAO vote.
The Growth Working Group was formed to lead the business development, marketing, & design functions at Inverse Finance. From injecting DOLA liquidity into new lending markets to expanding Inverse’s online presence to reach new users, to developing new design assets for Inverse marketing, the GWG is focused on growing the “top line” DOLA circulation and revenue numbers for Inverse.
CWG aims to enable two-way communication between INV holders and core contributors and help newcomers and new hires onboard if they are able to contribute with their expertise or other qualities. CWG moderates the Discord server and hosts weekly community calls, orientation calls and gaming events.
CWG also acts as governance steward to hold open discussions for new proposals during community calls and assist community members in creating new proposals.
The TWG was formed with the goal of optimizing management of treasury assets in order to support the DOLA ecosystem. This allows for fast and dynamic decisions to be made and executed to the benefit of the DAO, such as OTC deals, allocation of protocol owned liquidity and DeFi actions. Furthermore, the TWG allows for liquidity management to extend beyond just the Ethereum blockchain, such as on Fantom and Optimism.
The main goal of the AWG is to enable members and users to seamlessly access the data of their interest, and to be able to use it in the environment of their choice. Hence, the AWG acts as a support area to the other Working Groups, allowing them to make more informed decisions.
The Analytics Working Group provides our members and users with different environments and tools such as analysis dashboards (Dune), API endpoints (The Graph), or on-chain alerts to allow users from various backgrounds to monitor events from different data sources (social networks, on-chain etc).
The RWG was formed to support all functions of Inverse Finance such as DOLA expansion, providing sound risk analysis, risk management, ongoing risk monitoring for existing products, and supporting the efforts of the other working groups. Read more in this blog article.
Compared to traditional finance, significantly more risks are present for individual users and protocols in DeFi: malicious actors, esoteric smart contract risks, unknown correlations between tokens and projects, short track records, unproven and experimental economic theories, anonymous teams/developers and the irreversibility of transactions, just to name a few.
The PWG is led by our developer 0xMT and is populated by core contributors driving product innovation and maintenance. The PWG is multidisciplinary, drawing on the skills and experience from multiple people within the DAO. The PWG brings product ideas from the cradle of ideation, through validation from a user, business and feasibility perspective, into final implementation and maintenance. The Product Working Group is not yet ratified by DAO vote and has no budget, and product launches take the form of independent proposals.