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  • How Voting Influence Shapes TrueSight DAO’s Governance: Policies and Ongoing Decisions

    TrueSight DAO’s governance mirrors the separation of powers in traditional political systems, where the Legislative branch  passes laws and the Executive branch  implements them. In our DAO, members vote to pass policies  using staked TDG  (TrueSight DAO Governance tokens) in our vault at https://truesight.me/vault , akin to the Legislative branch, while ongoing decisions , like setting cacao prices under a potential future policy, use a quadratic voting system  with unstaked TDG , akin to the Executive branch. Adopted in 2022, quadratic voting applies only to ongoing decisions, ensuring fair and dynamic influence. This blog post explains how voting influence is set, its purposes, and its trade-offs, written for all DAO members, including those new to cryptocurrency. Our goal is to empower you to shape our DAO’s future through discussions in our WhatsApp Beer Hall and Telegram community channel. The Separation of Powers: A Historical Perspective The separation of Legislative and Executive powers is a cornerstone of many political systems, ensuring balanced governance. Here are two historical examples: United States (1789–Present) : The U.S. Constitution established a Legislative branch (Congress, comprising the House of Representatives and Senate) to create laws, such as tax policies or trade regulations. The Executive branch, led by the President, implements these laws, for example, by negotiating trade deals or setting agency priorities. This separation prevents any single entity from dominating, much like our DAO’s distinction between policy votes (staked TDG) and ongoing decisions (unstaked TDG). United Kingdom (Parliamentary System, Evolving Since the Magna Carta, 1215) : The UK’s Parliament (Legislative) passes laws, such as budgets or trade policies, while the Executive, led by the Prime Minister and Cabinet, carries them out, for instance, by managing trade negotiations or public services. This division has balanced law-making with implementation for centuries, similar to how our DAO separates policy approval from ongoing decisions like cacao pricing. In TrueSight DAO, staked TDG holders act like the Legislative branch, deciding which policies to enact, while unstaked TDG holders, using quadratic voting, act like the Executive branch, making ongoing decisions under those policies. This structure ensures fairness and clarity in our decentralized governance. How Voting Influence is Determined in TrueSight DAO TrueSight DAO’s governance separates policy votes  (Legislative) from ongoing decisions  (Executive): Staked TDG  in the vault determines influence for voting on whether to pass policies, without quadratic voting. Unstaked TDG  in your wallet determines influence for ongoing decisions, like cacao pricing, using quadratic voting. Members may have earned TDG through DAO activities, sold it, or staked it in the vault for policy voting. Your influence depends on the relevant TDG holdings, and reducing unstaked TDG (e.g., by selling or staking) lowers your influence in ongoing decisions. Here’s how each process works: For Policy Votes (Staked TDG, Non-Quadratic) Step 1: Measure Staked TDG Your voting power for policy votes (e.g., approving a cacao pricing policy) is based on TDG staked in the vault at https://truesight.me/vault . For example, if you’ve staked 100 TDG, this is your starting point. Step 2: Calculate Voting Power Policy votes do not use quadratic voting. Your voting power is typically proportional to your staked TDG, subject to our governance rules (details available in our WhatsApp Beer Hall or Telegram channel). Step 3: Vote on Policies You use this influence to vote “yes” or “no” on policy proposals, such as whether to allow sales members to set cacao prices. All members with staked TDG can participate. For Ongoing Decisions Like Cacao Pricing (Unstaked TDG, Quadratic Voting) Step 1: Measure Unstaked TDG Your voting power for ongoing decisions (e.g., setting cacao prices if the policy passes) is based on TDG held outside the vault. For example, 100 unstaked TDG is your starting point. TDG staked or sold doesn’t count. Step 2: Apply the Square Root We take the square root  of your unstaked TDG to calculate your base voting power (e.g., √100 = 10). This quadratic formula ensures fairness by reducing the influence of large holders. Step 3: Normalize Voting Power We sum the square roots of all eligible members’ unstaked TDG (e.g., sales-associated members for pricing). Your influence is your square root divided by this total (e.g., 10/100 = 10% of votes). Step 4: Vote on Prices If a pricing policy is approved, sales-associated members vote on cacao prices (e.g., $5/kg, $6/kg) in ongoing votes. Your vote’s weight reflects your influence, and reducing unstaked TDG (e.g., by staking or selling) lowers your influence in future votes. This separation ensures that policy-making (Legislative) and ongoing decisions (Executive) are distinct, with quadratic voting reserved for the latter to promote fairness and flexibility. Purposes of Our Voting Systems Our dual governance system, with quadratic voting for ongoing decisions and staked TDG for policy votes, serves key purposes: Promotes Fair Decision-Making Quadratic voting’s square root for unstaked TDG prevents large holders from dominating ongoing decisions like cacao pricing, while staked TDG policy votes ensure broad participation in shaping our DAO’s rules. Rewards Diverse Engagement Staking TDG in the vault signals commitment to policy governance, while holding unstaked TDG reflects active participation in ongoing decisions. Both forms of engagement, earned through DAO contributions, are rewarded with influence. Separates Powers for Clarity Like the U.S. Congress passing laws and the President implementing them, our system separates policy-making (staked TDG) from implementation (unstaked TDG with quadratic voting). This ensures each process is fit for purpose. Prepares for Future Policies A proposed policy to allow sales members to set cacao prices is an example of a future policy requiring staked TDG to pass. If approved, it would use quadratic voting with unstaked TDG for pricing, ensuring both stages are inclusive. How Voting Influence Trades-offs of Our Voting Systems Our governance system balances fairness and engagement but has trade-offs: Advantages Equitable Ongoing Decisions : Quadratic voting’s square root for unstaked TDG ensures balanced pricing votes, preventing dominance by large holders. Clear Separation of Powers : Staked TDG for policy votes and unstaked TDG for ongoing decisions mirror historical systems like the U.S. and UK, ensuring clarity and purpose-driven governance. Rewards Commitment : Staking TDG for policies and holding unstaked TDG for ongoing decisions reward different forms of engagement, incentivizing participation. Transparent and Secure : Both systems use blockchain for transparent, fair vote counting. Challenges Complexity for Newcomers : Quadratic voting’s square root, normalization, and the staked/unstaked TDG distinction may confuse crypto newcomers. We’ll provide resources in our WhatsApp Beer Hall and Telegram channel. Limited Influence Without Holdings : Staking TDG reduces unstaked holdings, lowering pricing influence, while unstaked TDG holders can’t vote on policies. Members must balance their TDG to participate fully. Strategic Behavior Risks : Some might manipulate unstaked TDG (e.g., splitting across wallets) to game quadratic voting or staked TDG for policy votes. Blockchain transparency and governance rules help mitigate this. Access to TDG : Members who’ve sold or staked most TDG may have limited influence, requiring opportunities to earn more tokens. Why Voting Influence Matters for TrueSight DAO Our governance system, with staked TDG for policy votes and quadratic voting for ongoing decisions, is the foundation of TrueSight DAO’s decentralized democracy. It ensures that policies, like the proposed cacao pricing policy, are approved fairly, while ongoing decisions, like setting prices, reflect active members’ expertise. The separation of powers—Legislative (staked TDG) and Executive (unstaked TDG with quadratic voting)—creates a balanced, inclusive system, much like the U.S. and UK systems have done for centuries. We’re committed to making this system accessible to all members, regardless of cryptocurrency experience. Whether you’re a veteran contributor or new to DAOs, we want you to feel confident using your TDG to shape our future. Get Involved with TrueSight DAO As we discuss policies like cacao pricing in our WhatsApp Beer Hall and Telegram community channel, here’s how you can engage: Join the Conversation : Participate in ongoing discussions about quadratic voting and TDG governance in our WhatsApp Beer Hall and Telegram channel. Manage Your TDG : Check your staked TDG at https://truesight.me/vault  for policy votes and unstaked TDG for ongoing decisions. Earn more through DAO activities. Share Feedback : Share your thoughts on our voting systems in our community channels to improve accessibility. Prepare to Vote : Use staked TDG to vote on policies and unstaked TDG for ongoing decisions like cacao pricing, if approved. TrueSight DAO’s governance system empowers us to make fair, inclusive decisions. Let’s use it to build a thriving community and market! This post was created to educate TrueSight DAO members about how voting influence is set for policies and ongoing decisions. For more information or to get involved, join our WhatsApp Beer Hall or Telegram community channel.

  • Understanding TrueSight DAO’s Daily Buy-Back Budget: A Dynamic Force for Stability

    At TrueSight DAO, we’re building a purpose-driven economy where every decision strengthens our community and drives meaningful change. A cornerstone of this vision is our Daily Buy-Back Budget , an initiative to repurchase TDG tokens from the market, supporting token stability and reinforcing value for our ecosystem. This budget updates every day, reflecting our latest performance and market conditions. In this post, we’ll break down how it works, how each part is calculated, and why it matters to our mission. What Is the Daily Buy-Back Budget? The Daily Buy-Back Budget is the amount TrueSight DAO allocates each day to buy back TDG tokens on the LATOKEN exchange . This program, which was voted into effect on-chain by our community to ensure transparency and collective decision-making, helps maintain a stable token price, rewards our community’s commitment, and aligns with our goal of fostering a resilient ecosystem. You can view the governance proposal and voting details here . Displayed among our ecosystem statistics, the budget is a transparent measure of our dedication to building value. Unlike a fixed amount, the budget changes daily based on a formula that captures our sales activity and market dynamics. Let’s dive into how we calculate it. The Formula Behind the Budget The Daily Buy-Back Budget is determined by a clear and balanced formula: Daily Buy-Back Budget = (Last 30 Days Sales / 30) * min($TDG Trading Price on LATOKEN, 1 - US 1 Month Treasury Bill Rate) Each component is carefully calculated to ensure the budget reflects TrueSight DAO’s growth and market realities. Here’s how we compute each part: Last 30 Days Sales : What It Is : This is the total revenue TrueSight DAO generates over the previous 30 days, capturing the community’s engagement through sales and transactions. How It’s Calculated : We sum all USD-denominated sales recorded in our off-chain transaction ledger over the past 30 days. For example, our ecosystem statistics show $806.09 in sales, representing the total value of qualifying transactions in that period. Why It Matters : This figure grounds the budget in our actual performance, ensuring the buy-back program scales with our growth. Divided by 30 : What It Is : We divide the Last 30 Days Sales by 30 to find the average daily sales. How It’s Calculated : Using the example of $806.09, we compute $806.09 / 30 ≈ $26.87. This average smooths out daily fluctuations, providing a stable base for the budget. Why It Matters : The daily average ensures our buy-back budget is sustainable, reflecting consistent activity rather than short-term spikes. TDG Trading Price on LATOKEN : What It Is : This is the going market price of TDG tokens in USDT, as quoted on the LATOKEN exchange. How It’s Calculated : We fetch the latest TDG/USDT ticker data from LATOKEN’s API, specifically the last traded price. Our ecosystem statistics list this as 0.04 USDT/TDG, meaning one TDG token trades for 0.04 USDT. Why It Matters : The market price anchors the budget to real-world token value, ensuring our buy-backs align with trading conditions. US 1 Month Treasury Bill Rate : What It Is : This is the yield on 1-month US Treasury Bills, a standard measure of short-term interest rates. How It’s Calculated : We retrieve the most recent 1-month Treasury Bill rate from financial data sources, expressed as a decimal (e.g., a 5% rate is 0.05). In the formula, we compute 1 - rate (e.g., 1 - 0.05 = 0.95). Why It Matters : This rate acts as a benchmark for economic conditions, helping us cap the budget responsibly. Minimum Function (min) : What It Is : We take the lower of the TDG Trading Price on LATOKEN or 1 - US 1 Month Treasury Bill Rate. How It’s Calculated : For example, if the TDG price is 0.04 USDT/TDG and the Treasury rate is 0.05, we compare 0.04 to 1 - 0.05 = 0.95. The minimum is 0.04. Why It Matters : This ensures the budget doesn’t overcommit funds when market or economic conditions suggest restraint, keeping our approach prudent. Final Calculation : How It’s Calculated : We multiply the daily sales average by the minimum value. Using our example: $26.87 * 0.04 yields the daily budget in USD. Why It Matters : This step combines performance (sales) with market context (price or rates), producing a budget that’s both ambitious and grounded. Each day, we recalculate these components using the latest data—updated sales, fresh TDG prices from LATOKEN, and current Treasury rates—to set a new Daily Buy-Back Budget. Why Do We Buy Back TDG Tokens? The Daily Buy-Back Budget is a powerful tool with clear benefits for TrueSight DAO: Supporting Stability : Repurchasing TDG tokens helps reduce price volatility, fostering confidence among token holders. Investing in Our Vision : Buy-backs signal our belief in TDG’s long-term potential, reinvesting in the community that drives us. Scaling with Success : By tying the budget to sales, we ensure the program grows as TrueSight DAO thrives. Embracing Transparency : We share the budget in our ecosystem statistics, letting everyone see our commitment in action. Looking Ahead Because the Daily Buy-Back Budget updates every day, it’s a living reflection of TrueSight DAO’s progress. As our sales grow, TDG’s market price shifts, or Treasury rates fluctuate, the budget adapts to keep us on track. We’re also exploring ways to deepen community input, ensuring this program evolves with your vision. You can see the latest budget in our ecosystem statistics, a testament to our transparency and shared purpose. It’s not just about numbers—it’s about building trust, step by step. Join the Movement Ready to explore more? Dive into TrueSight DAO’s vision and discover how you can contribute to a purpose-driven economy. Have questions about the Daily Buy-Back Budget or TDG? Reach out—we’re here to walk this path together. Together, we’re shaping a future that matters.

  • TrueSight DAO Hosts Agroverse Cacao Circles at Davos World Economic Forum 2025

    As the world gathers in Davos for the World Economic Forum, TrueSight DAO is proud to present two engaging cacao circles in Davos. These cacao circles, held on January 21st at the Climate Hub and January 22nd at the Social Innovation Hub , focus on the interconnectedness of well-being, regenerative agriculture, and environmental conservation. Join us for these unique experiences showcasing the potential of cacao and community in creating a more sustainable and compassionate future. January 21st – Agroverse Cacao Circle at the Climate Hub Savor Sustainability from the Amazon Rainforest Immerse yourself in the world of regenerative Amazonian cacao at our Agroverse Cacao Circle, a space dedicated to exploring the connection between cacao and sustainability. Enjoy a cup of cacao sourced from the heart of the rainforest while engaging in meaningful conversations about resilience, sustainability, and compassion. Discover the potential of cacao to inspire positive change, and learn about Agroverse's mission to protect and restore the Amazon rainforest through regenerative agriculture practices. Bags of regenerative cacao nibs will be available for purchase, allowing you to continue supporting sustainability beyond the event. January 22nd – Agroverse Cacao Circle at the Social Innovation Hub Uplifting Minds and Hearts with Regenerative Cacao Experience the rejuvenating atmosphere of the Social Innovation Hub, where the focus is on nurturing mental health and fostering resilience. Agroverse is excited to offer a regenerative cacao circle experience on January 22nd in Davos, Switzerland, highlighting the powerful connection between cacao and mental well-being. Within the cacao circle, indulge in the delightful flavors of our regenerative Amazonian cacao while engaging in insightful exchanges with fellow participants. Learn about Agroverse's mission and our efforts to preserve the Amazon rainforest while supporting local communities. Purchase bags of regenerative cacao nibs to cultivate a sense of balance and serenity in your daily life. See you there! Save the dates, January 21st at the Climate Hub and January 22nd at the Social Innovation Hub, for TrueSight DAO's Agroverse Cacao Circles during the World Economic Forum in Davos. These inviting spaces demonstrate the power of cacao and community in fostering a more sustainable and compassionate world. We look forward to sharing this journey of connection, resilience, and regeneration with you in Davos!

  • TDG Tokens Now Paired with SOL on Raydium DEX Exchange

    TrueSight DAO is thrilled to announce that our TDG governance tokens are now paired with SOL (Solana) on the Raydium DEX Exchange. This new development marks a significant milestone for our ecosystem, as it will provide users with increased liquidity and exposure to the Solana ecosystem. Raydium is a decentralized exchange (DEX) built on the Solana blockchain, offering fast and cheap transactions for users. The platform allows for the trading of Solana-based tokens, including SOL, USDT, SRM, RAY, and many more. By listing TDG tokens on Raydium, we aim to tap into the growing Solana ecosystem and provide our users with more opportunities to engage with our platform. The TDG/SOL pair is now live on Raydium, allowing users to swap between TDG and SOL tokens seamlessly. This new pairing will enable supporters to easily join their efforts to the TrueSight DAO ecosystem to heal our world with love by supporting the restoration efforts of our Amazon rainforest. TDG tokens are designed to provide users with a voice in the TrueSight DAO's decision-making process. Holders of TDG tokens can vote on proposals and influence our DAO's future direction. By pairing TDG with SOL on Raydium, we are opening the door for more users to join our community and contribute to our platform's growth. To start trading TDG tokens on Raydium, users will need a Solana-compatible wallet, such as Phantom, and some SOL tokens to cover transaction fees. The process is quick and easy, making it accessible for both experienced traders and newcomers to the world of decentralized finance (DeFi). We look forward to seeing you on Raydium and welcoming new members to our community as we work together to support the restoration efforts of the Amazon rainforest and drive positive change.

  • From Integrity to Trustlessness

    Embracing Uncertainty in Decentralized Governance At TrueSight DAO, we're constantly challenging our assumptions and refining our approach to decentralized governance. Recently, we made a bold move: replacing Integrity with Trustlessness as one of our core values, alongside Autonomy and Diversity. The Limitations of Integrity Integrity, once a cornerstone of our values, implied a level of control and expectation. But in a decentralized environment, this can be a recipe for disaster. It limits autonomy, stifles diversity and creates unrealistic expectations. So, we're embracing Trustlessness – and it's liberating. What is Trustlessness? Trustlessness is about acknowledging uncertainty. It means: •⁠ ⁠Expecting failure by default: Anticipate potential failures and plan accordingly. •⁠ ⁠No expectations: Don't rely on others' actions or outcomes. •⁠ ⁠No assumptions: Don't presume others' capabilities or intentions. •⁠ ⁠Self-contained actions: Manage your own processes, regardless of others. •⁠ ⁠Minimal interconnectedness: If and when collaborating with others, interact lightly. This approach fosters: •⁠ ⁠Autonomy: Freedom to act independently. •⁠ ⁠Trustlessness: Embracing uncertainty, self-reliance and adaptability. •⁠ ⁠Diversity: Varied implementations, fueling innovation. Decentralized Mindset Shift To thrive in this environment, we must adopt a decentralized mindset: •⁠ ⁠Self-defined roles: Participants define their own responsibilities. •⁠ ⁠Assume uncertainty: Plan for potential failures and adapt quickly. •⁠ ⁠Clarify interfaces: Ensure seamless, lightweight interactions. Lessons from Technology UDP (User Datagram Protocol) ensures reliable transmission through independent packets. Similarly, in collaboration, minimizing interconnectedness and clarifying interfaces enables Trustlessness. Embracing Trustlessness By acknowledging uncertainty, we: •⁠ ⁠Enhance autonomy and diversity. •⁠ ⁠Unlock innovative solutions. •⁠ ⁠Empower individuals through self-reliance. Join the Conversation Share your thoughts on Trustlessness in our Telegram community channel . Discuss implementing Trustlessness and explore its implications for decentralized governance.

  • Agroverse Guild Partners with CEPOTX in Pará and Coopercabruca in Bahia for Sustainable Cacao Farming

    We are thrilled to announce that Agroverse, a guild operating within the TrueSight DAO, has officially partnered with CEPOTX organic cacao cooperative based in Pará, Brazil, and is collaborating with Coopercabruca, another cooperative in Bahia, for our fourth shipment of organic cacao from the Amazon to the United States. These partnerships mark a significant expansion of our efforts to support small-scale cacao farmers practicing traditional agroforestry methods to restore the Amazon rainforest. Empowering Cacao Farmers and Upholding Sustainable Practices As a TrueSight DAO guild, Agroverse is dedicated to promoting the values of autonomy, integrity, and diversity. Our collaboration with CEPOTX and Coopercabruca aligns with our mission to empower local communities in the Amazon region and encourage sustainable farming practices, expanding our efforts from Bahia to include Pará. Organic Cacao Shipment from the Amazon to the United States Agroverse is currently preparing our fourth shipment of organic cacao from the Amazon to the United States in partnership with Coopercabruca. This collaboration demonstrates our continued commitment to establishing connections between small-scale farmers and consumers who value ethically sourced and environmentally friendly products. Fostering Collaboration within the TrueSight DAO Ecosystem TrueSight DAO is a decentralized autonomous organization that encourages collaboration among its guilds to empower individuals and communities worldwide. Our partnerships with CEPOTX and Coopercabruca exemplify the power of working together within the TrueSight DAO ecosystem, showcasing our collective impact on sustainable farming practices and support for local communities in the Amazon. We look forward to continuing our mission of promoting sustainable cacao farming and restoring the Amazon rainforest through these valuable partnerships with CEPOTX and Coopercabruca. Together, we can create a lasting, positive impact on local communities and the environment.

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