Where are we going?

The Gardens community aims to maintain and develop the open source software for the Gardens platform to create as much value for the world's non-private goods as possible.

What's the DAO's role in this vision?

1. Allocate resources and source decisions that effectively grow a thriving Gardens platform.
2. Create network effects for Gardens communities
3. Provide sufficient decentralization and open source processes to protect this value for Gardens communities in the long term.

Glossary of components:

• Juicebox. issue first governance tokens + raise conditional funding.
• Gardens. Community governance for scalable bottom-up decision-making.
• Governance Pools. Instances of capital allocation or collective wisdom sourcing.
• 2 token model. Splits functions of governance and value accrual.

Gardens 🌱 Community Growth Stages

🥚 Stage 1 - Plant Seed

Spin up governance token + fundraising via Juicebox

Creating a governance token first lets us be decentralized at birth. This token

Juicebox is a simple, powerful platform for issuing governance tokens and raising capital publicly, with clear payouts.

Parameters / Settings on Juicebox:

• Fixed Exchange Rate: 1 ETH = 2,000 ⚘GARDEN (no bonding curve)
• Golden Ratio: 38.2% of token issuance distributed to Juicebox contributors. 61.8% reserve rate distributed to the community.
• Reserve Distribution: reserve ⚘GARDEN will be distributed by an elected Council Safe for the community, likely through funding pools on Gardens.