People tend to ignore SNS Launch Checklist !
I have to agree with @Lorimer , as in IMHO this in not a project fit for the SNS in it’s current form. I only voted yes so that the 60 something OG’s can get a chance to throw some ICP towards the project since @Jesse worked so hard on this and dedicated all his time going so far that he wasn’t able to keep up with what is going on with the IC lately, even missing the proposal that was adopted to raise the reject cost to 25 ICP. So depending on Dfinity’s vote fingers crossed that the 60 people and community members who see potential in Jesse can come up with the minimum for a centralized bank for the DAO.
Thank you for adding context, here. this was very insightful.
Hey @Jesse I haven’t researched your white paper or your product in great detail. But I seen mentioned the DAO plans to stake a neuron. Just wanted to highlight we have infrastructure that can help you stake a DAO owned 8 year neuron, register one command on your DAO and config your neuron and you’re away. If you SNS passes don’t hesitate to reach out and we can help set things up, you don’t need any custom infrastructure.
Good luck on the launch
The controlling principal of the 8-year neuron (referred to in the screenshot of this post ) will either be a canister adapted from the treasury canister within the Personal DAO codebase or a better alternative if I conclude one exists. The neuron management canister will be controlled by the SNS DAO (and thereby $DAO Token holders).
the neruon management canister will include all the capabilities needed in order for the $DAO token holders to decide democratically among token holders. The neuron’s followees and hotkeys will be up to the consensus of the $DAO token neuron holders.
The default infrastructure under consideration for achieving this is the Personal DAO Treasury Canister which has already been built and implemented within the Personal DAO protocol. I also see @dfxjesse is also offering some infrastructure which may be appropriate. I am open to investigating and considering both infrastructures before concluding which may be better adapted to working with SNS DAOs.
Again, this infrastructure is to be placed under the control of the SNS DAO as I have mentioned previously. Before this infrastructure is placed under the control of the SNS DAO, and before staking any value within this neuron, there needs to be an iterative process of testing under conditions that cannot be simulated within the context of the SNS testflight due to the reduced robustness of testflight capabilities. During this process, coordination amongst the Personal DAO community will be required to ensure everything works before we move any of the treasury’s value within the DAO controlled neuron. The Personal DAO SNS (and the community) will therefore be required to facilitate the coordination necessary for implementation.
Upon completion and thorough testing of the DAO controlled neuron management canister, the Personal DAO SNS will be made the sole controller of the neuron manage canister. and then, via proposals submitted to the SNS DAO, the treasury funds can be sent to the neuron management canister and staked.
The SNS DAO plays a critical role throughout this process as it requires further development and testing that requires features present within the live SNS DAO infrastructure that isn’t present in the SNS testflight infrastructure.
At no point during this process do I take custody of the funds allocated for the SNS treasury. The SNS DAO preserves full custody of the Treasury’s allocation from start to finish.
- The community has the ability to conduct all the oversight they need to at every step of the way.
- The community acts as a check and balance via their voting power over the SNS DAO at every step of the way.
- The live SNS DAO environment is required for the next phase of development
I’m sending you a DM now.
Great work, Jesse!
You are doing an excellent job (diplomatically) defending the Personal DAO SNS Launch.
The self-sovereign identity innovations offered by the privacy-preserving UDC wallet will offer tremendous value to end-users!
I appreciate your vote of confidence despite your skepticism.
I’m looking forward to proving the merits of this project as we advance through our roadmap.
Personal DAO is legit and helps the $ICP ecosystem.
ICP is all about letting people run things democratically, using the NNS. Personal DAO fits right in—it’s making more DAOs on ICP that let groups run themselves openly. That’s not just talk. It matches ICP’s vision. It’s a way for anyone to build and control treasuries without middlemen. It makes ICP more useful.
It’s not like it’s some vapor wear project, sitting around. There are Multiple Personal DAOs with real people working on them. Some of them have given testimony here in this thread.
It used ICP’s tech, gets people onboarded to the IC and gets them staking, which is good for the ecosystem.
It brings more people to ICP, which is good for everyone.
It’ll be able to do even more good for the ecosystem with a proper budget and the SNS DAO infrastructure.
$DAO tokenomics are solid.
Has fostered lots of support. The ICP community is being vocal about their hope to participate in the SNS launch. It’d be gatekeeping to block them from being able to do so.
Let the project build.
Thank you @bitel911. it’s always nice when one can have their integrity recognized by others. I’ve worked hard in planning and executing Personal DAO over the years with the goal to add value to the ICP ecosystem and the world at large by making DeFi more accessible and more sovereign in a way that is economically viable. I believe without a doubt that with the continued support of the community, I’ll be successful in delivering the Personal DAO roadmap. I’ve thought about the project from every angle I could conjure.
I’m pleased at how well my ideas have held up to scrutiny thus far.
Since there are so many voting members for the Synapse known neuron that have participated in this conversation, it’s appropriate to communicate that the Synapse neuron has voted to Adopt proposal 135584 to create an SNS named Personal DAO. The current tally of voting members is 8 YES, 2 NO, 2 PENDING.
Both visionary and egalitarian.
Ngl I have nothing against this SNS launch.
The idea in my technical perspective [I am a Rust person and a Technical content developer on the Internet Computer] is excellent and could be a breakthrough for the IC’s usage itself if this goes mainstream, so I have already voted YES and also plan to add this info to my daily newsletter on ICP, conducted on Binance Square and X.
I wish the very best for @Jesse and the team for this SNS launch.
Best,
Ishaaq
Jesse Williams has created something truly revolutionary with Personal DAO on DFINITY’s Internet Computer. Unlike other “non-custodial” services that still control user data and infrastructure, Personal DAO gives communities complete ownership of everything—UI, API, and all smart contracts. The brilliance of Williams’ design lies in its architecture—each DAO exists independently, eliminating the security vulnerabilities that plague other DeFi protocols by avoiding the concentration of value in a single contract that attracts hackers.
Communities anywhere can launch their own lending institution with fair, self-determined interest rates based on shared values rather than corporate profit margins. This could transform developing economies where traditional finance has failed, while opening up limitless applications from transparent government funding to accountable non-profits where donors can track fund allocation. The Internet Computer provides the perfect foundation for this vision with its secure, scalable architecture.
Williams isn’t just building an app—he’s creating economic infrastructure that could lift millions from poverty by unlocking community productivity and capital efficiency. By enabling communities to mobilize their own capital effectively, Personal DAO addresses one of the fundamental challenges in economic development that even Adam Smith and Ray Dalio identified: productive capital allocation determines wealth creation. Personal DAO represents what blockchain was always meant to be: true sovereignty returned to the people, removing intermediaries and enabling communities to control their own financial destiny.
I am in favor of this SNS launch. Although it is different from previous launches on the ecosystem, Jesse has been a true believer in what ICP is capable of. As time goes on and this project is able to grow, it will truly demonstrate the greatness of the ICP blockchain and expand to places where adoption has been untapped.
@Jesse is one of the most committed devs in the echo, he’s invested a lot of time to ensure PD is as market ready as can be. Since meeting him about a year ago, he’s been clear on what he’s building and why it’s needed. I’m an OG holder and I support PD.
Since there have been several comments posted in this thread from our team, I wanted to provide a quick update. The CodeGov neuron Followees have reached consensus and the neuron has voted to Adopt proposal 135584 to create an SNS named ‘Personal DAO’. Current tally is 4 YES, 1 NO, 2 PENDING. I’ll update after the final tally.
Thank you to the numerous supporters here for vocalizing your support for the Personal DAO SNS launch.
To the best of my knowledge, no other SNS has been debated and defended to this level of rigor.
In this discussion, I’ve introduced a new use case for the SNS and then I defended this use case in detail by explaining how it enables growth and coordination of the Personal DAO ecosystem.
I’ve detailed the rationale behind the SNS parameters proposed in this launch.
and I’ve detailed the specifics regarding how the SNS DAO’s neuron will be implemented, and managed.
Through years of development, community engagement and onboarding, this project has fostered an organic community of supporters which serves as evidence of its aptitude within the free market.
Testimonies given in this discussion further corroborate my position that there is authentic interest from the ICP community to see this SNS take place. Below are just a few of the various comments given from Personal DAO users who benefit from the technology’s use-case.
Jesse,
I read your whitepaper.
As a long term investor, if the benefit of holding your token is to receive a fractionalized portion of your 8 year neuron, why would one not just invest in their own 8 year neuron and receive 100% of the rewards? Is there any other incentive to hold your token that i am overlooking?
Yes, the token earns rewards, while remaining liquid. Whereas staking within an 8-year neuron gets you rewards, but your tokens are illiquid.
The token also has a burn mechanism which allows the token’s rewards to increase as it becomes more scarce.
Anytime a DAO is purchased, the token must be burned.
And anytime a DAO wishes to receive an upgrade, they must burn some of the token.
For a nice overview of the tokenomics, check out this X Spaces
I give a detailed explanation of the role that the token plays within the ecosystem, the benefits of holding the token, how the SNS DAO’s responsible management effects the token’s rewards and more.
Thanks for taking time to answer ill check it out