rough idea (might do it if I’ve the time or capacity to, but ok if someone else does too)
a charity DAO powered by the Monad community. decentralized charity fund?
not a dev, so dunno the exact mechanics ngl - but something like a smart contract governance logic where you can use real money ($MON in this case) to buy your way into the DAO.
every buy-in adds more liquidity to the DAO and gives you an untradable token (so no speculative gimmicks) that simply grants you governance power to vote on how funds are to be allocated.
any holder regardless of share size, can raise a vote anytime on a cause they believe the DAO should support, how much to allocate, and everyone else votes on it.
the DAO will be primarily denominated in $MON as its currency and only trades $MON for $USDC whenever there’s a cause the DAO agree on.
the core aim: charity, helping the needy without intermediaries or personal control.
no one person can override the system (smart contract hardcoded).
your influence is purely proportional to how much you’ve put in.
skin in the game = weight in decision-making.
also one think I’ve thought about is allowing for anonymous donations too where people can donate to the DAO w/o wallet dox but in this case you get no governance token.
…
maybe I’m just spiritual, but i think stuff like this could bring a lot of unseen goodwill around Monad. a community-driven force for good, that’s actually onchain, fully transparent, and human.
use crypto at its core (ideological and practical) to shine light on the real world.


12.49K
200
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.