House of Stake Updates: Transparency Thread

Hi all

Excited to be here and to introduce myself. I am Maz, Head of Implementation at Agora, working with Lane, the NEAR Foundation team, endorsed delegates and other respective stakeholders on the development and implementation of the NEAR House of Stake Governance interface powered by Agora.

We are thrilled to be partnering with NEAR on this innovative approach to governance and see House of Stake as a evolutionary governance model that introduces two initiatives:

1/ Stake-weighted voting model
2/ Foundation for an AI-native agentic governance system

As you may know, Agora is the home for many DAOs in the ecosystem such as Optimism, Uniswap, ENS and more. We are true believers that good governance is a competitive advantage. Our team works closely with Foundations and Delegates to support the rollout of their governance strategy and community engagement.

Project goals

  • Agora NEAR House of Stake governance front-end, UX and integration: we are working closely with fastNEAR engineers to integrate House of Stake contracts to a Agora governance frontend ensuring all functionality and UX meet the expectations as set out in the proposal by Gauntlet and the codebase to ensure NEAR token holders the ability to stake to vote. This includes:
    • Token staking, delegation, voting, and governance participation
    • Custom integration to the NEAR blockchain
    • Support for the HoS gov contracts and voting systems, including integration of NEP-141 smart contracts
  • Developing proposal drafts and rollout strategy: we are working closely with HoS endorsed delegates to provide support on proposal creation and strategy. This will be executed on an ongoing basis pre and post gov site launch to ensure clarity on proposal draft writing (proposal template), proposal themes and goals. Alongside engaging in necessary delegate working groups to ensure a successful rollout proposals for clarity and community engagement.
  • User engagement goals: our aim is to ensure user engagement at a healthy level with the help of stakeholders to support the House of Stake governance rollout. This would include success metrics as such:
Goals KPIs
Help build an active and engaged delegate base - Delegation participation rate - Voting participation rate
Provide technical support to Near delegates, foundation, and community. - Delegate’s working group calls attendance - Technical governance support SLA
Ensure successful adoption of HoS governance - veNEAR locked in the staking contract
Ensure proposals are completed and easily accessible - Active voting power - Quorum is met for proposals

Progress milestones and progress

Below is a high-level project overview of the key steps required for the Agora NEAR House of Stake governance implementation and engagement with HoS delegates. I will be updating this as the project develops.

Phase Description Status
Initial R&D Study House of Stake contracts codebase, logic, gov parameters and proposal parameters :white_check_mark:
Agora intro presentation to HoS delegates Agora product demo and expressing areas of support :white_check_mark:
MVP functionality Develop a low design scrappy MVP to test staking, locking and proposal creation functionality :white_check_mark:
MVP functionality and data indexing Continue to refine functionality and data infrastructure for real-time governance data :white_check_mark:
Agora product demo to HoS Delegates First demo to delegates and to answer any technical Qs :white_check_mark:
Delegates workshopping proposals Write-up proposal strategy, themes and drafts with endorsed delegates :construction:
MVP functionality, data indexing and UI/UX Continue to develop MVP to reflect UI/X and NEAR branding and theming :construction:
NEAR Gov Hack @ ETHCC Agora governance facilitation workshop at Gov Hack Incoming
MVP full integration with branded front-end Full end to end interface and back-end integration for a working near complete app Incoming
Internal testing Internal testing for bug reporting and further iteration Incoming
UAT User Acceptance Testing for bug reporting and further iteration towards sign off Incoming
Launch rollout HoS governance interface rollout with first proposal deployed Incoming

Feel free to post comments and questions, I will be happy to answer as best as I can. We are aiming to showcase a prototype to the community in the coming weeks. I will provide further updates in this thread as the project develops.

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