Tempo, Empowering Cardano’s Community Governance

[GENERAL] Name and surname of main applicant

Tran Thi Thu Chin

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Not Incorporated)

[GENERAL] Co-proposers and additional applicants

Nguyen Hai Chau

[GENERAL] Requested funds in ada

80000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

5

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Our voting tool seamlessly integrates into community websites, enabling on-chain and off-chain voting for polls and proposals while ensuring transparency

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] Please provide here more information on the open source status of your project outputs

While open-source projects are crucial for collaborative growth, our product aims to bring in new users to the ecosystem and help drive awareness of the community. We believe that finding a balance between collaboration and commercialization is key to ensuring sustained success for the Cardano ecosystem. Our project is not open sourced, however, we remain open to collaborating with other projects that can benefit from our solution.

[SOLUTION] Please describe your proposed solution

Problem Perception:

• The problem you’re addressing is the inefficiency and lack of transparency in communication, decision-making, and governance within DAOs and Stake pool communities.
• Specifically, community members struggle with:
• Limited channels for feedback and proposals.
• Unclear decision-making processes.
• Lack of engagement from DAO/SPO with token holders/delegators.

Approach Rationale:

• Integration: Embedding Tempo directly into community websites ensures a seamless experience for users.
• Transparency: On-chain voting records maintain transparency.
• Off-Chain Voting: Reducing costs while maintaining community engagement.
• Customization: Allowing each community to set its own rules.

Unique Aspects of Our Solution:

• Dual Voting Mechanism: Supporting both on-chain (Cardano blockchain) and off-chain voting.
• Token-Based Voting Power: Calculating voting power based on token holdings/delegated staking amounts. Tokens need not be locked; the DAO can configure how to calculate voting power, whether based on tokens held solely in wallets or including tokens in wallets, farms, boots, and liquidity pools
• Community-Specific Rules: Customizable governance rules for each community.
• Seamless Integration: Tempo becomes an integral part of community websites.

Key Features: The essential features of Tempo include

• Community Governance Setup:
• Establish community rules within Tempo.
• Define governance tokens, eligible proposal creators, voting participants, and quorum thresholds.
• Temperature Checks and Community Feedback:
• Polls allow community members to gauge sentiment and gather feedback before formal proposals.
• Comments enable ongoing discussions, suggestions, and clarifications within the community.
• Create Proposals:
• Token holders seamlessly create polls and proposals directly within their community website.
• Transparent On-Chain Voting:
• Voting takes place on-chain, ensuring immutable decisions.
• All voting records are stored transparently on the Cardano blockchain.
• Flexible Voting Methods:
• Off-chain voting options provide cost-effectiveness for less critical decisions.
• Tailor the voting approach based on the nature of each proposal.
• Token Holder Influence:
• Token holders and delegators actively participate in decision-making.
• Voting power is calculated from tokens held in wallets, farms, boosts, and liquidity pools in DEXs such as Minswap, WingRider, VyFinance, Spectrum, Muesliswap, Sundaeswap,... (based on DAO settings).
• No locking of tokens is required, encouraging continuous participation.
• Efficient Governance:
• Proposals are discussed, voted upon, and efficiently implemented.
• SPOs use voting outcomes to adapt pool rules based on community preferences (e.g., adjusting rewards, parameters, or policies).

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

The positive impact that Tempo will have on the wider Cardano community:

Enhanced Communication and Transparency:

• Tempo will foster better communication channels within DAOs and SPO communities.
• Transparent decision-making processes will build trust among community members.

Increased Community Engagement:

• By involving token holders and delegators in decision-making, Tempo encourages active participation.

Efficient Decision-Making:

• Tempo streamlines the proposal-to-voting process, leading to quicker decisions.

Adoption and Community Growth:

• As more communities adopt Tempo, the Cardano ecosystem will benefit.

By fostering community engagement, transparency, and active participation, we contribute to Cardano’s growth. Together, we shape the future of blockchain innovation

We will measure impact based on the following:

1. The number of communities using Tempo indicates successful adoption.
2. The number of proposals from each community indicates an active community
3. The number of votes on each proposal of each community indicates an active community

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

• We have successfully built the Minimum Viable Product (MVP) version of Tempo and it only needs real-world testing and community feedback
• Our team has a proven track record. For instance, we’ve developed Tempi (https://tempi.vn/en).
• Investing in Tempo aligns with our development focus. We commit resources to ensure timely delivery and ongoing support.
• We are committed to transparency throughout the project lifecycle. Regular updates, progress reports, and community interactions will keep stakeholders informed.
• By actively seeking feedback from the community, we ensure that our approach remains accountable and aligned with user needs.

By combining community involvement, resource commitment, and a strong track record, we’re confident in delivering Tempo successfully. Our iterative approach and technical documentation reinforce the feasibility

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Project planning and Design (1 month)

• Objective: Define the project requirements and outline the planned features and functionalities for Tempo
• Tasks:
• Engage stakeholders (DAO/SPOs, delegators, and potential users) to understand their needs.
• Document UI/UX document requirements.
• Prioritize requirements based on their impact and feasibility.
• Deliverables:
• UI/UX document
• High-level feature outlines

Milestone 2: Launch MVP Tempo on Testnet (2 months)

• Objective: Introduce the Minimum Viable Product (MVP) version of Tempo to some DAOs or SPOs communities on the testnet.
• Tasks:
• Develop and deploy the MVP with essential features (e.g., community creation, proposal creation, voting mechanism).
• Ensure functionality for a community to create proposals and for delegators to participate in voting.
• Deliverables:
• Functional MVP accessible to the DAO/SPO community
• Clear documentation for the community on how to use Tempo.
• Feedback Collection:
• Gather feedback from the DAO/SPO community during the testnet phase.
• Address any identified bugs or issues.

Milestone 3: Launch DAO/SPO Communities on Mainnet (1.5 months)

• Objective: Transition from testnet to the live Cardano mainnet, engaging real DAO/SPO communities.
• Tasks:
• Prepare for the mainnet launch.
• Onboard DAO/SPO Community.
• Improve some feedback from the community from milestone 2
• Deliverables:
• Live deployment of Tempo on the mainnet.
• Active participation from DAO/SPO
• Feedback Loop:
• Continue collecting feedback and iterate on improvements based on real-world usage.

Final Milestone: Finalization and Project Delivery (0.5 months)

• Objective:
• Provide detailed instructions for DAO/SPO on how to use Tempo effectively.
• Assist developers, maintainers, and future contributors in understanding the inner workings of Tempo
• Task:
• Write step-by-step guides for setting up the community, creating proposals, participating in the voting
• Document the architecture, data flow
• Deliverables:
• User manuals or online documentation accessible within Tempo.
• Video demo How Tempo works
• Detailed technical documentation is accessible to the development team.

[RESOURCES] Who is in the project team and what are their roles?

Tran Thi Thu Chin, Product manager,

Responsibilities: define the product roadmap, prioritize features, and ensure alignment with community needs.

Nguyen Hai Chau, Architecture Engineer and Technical Lead

Responsibilities: Design robust systems, oversee the development, and ensure scalability.

Phan The Thao, Senior Backend Developer

Responsibilities: Build APIs, handle data storage, and optimize performance.

Duong Huu Nguyen, Senior Frontend Developer

Responsibilities: Create intuitive designs, implement frontend features, and ensure a delightful user experience.

Nguyen Thi Thuy An, QC manager

Responsibilities: Meticulously test every aspect of Tempo, ensuring it meets high standards before release.

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Project Planning and Design: 20,000 ADA

• Requirements Gathering: 5,000 ADA
• User Interface and Experience Design: 5,000 ADA
• Project Management: 10,000 ADA

Launch MVP Tempo on Testnet: 40,000 ADA

• Backend Development (Blockchain integration, database setup): 20,000 ADA
• Frontend Development (User interface implementation): 15,000 ADA
• Quality Assurance: 5,000 ADA

Launch DAO/SPO Communities on Mainnet: 15,000 ADA

• Community Onboarding and Engagement: 5,000 ADA
• Feedback Iteration and Improvements: 10,000 ADA

Finalization and Project Delivery: 5,000 ADA

• User Manuals and Documentation
• Video Demo Production
• Technical Documentation

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

Enhanced Community Engagement and Participation:

• A well-engaged community is essential for the success of any blockchain ecosystem.
• Community members have a voice, fostering a sense of ownership and commitment. Engaged participants contribute to network growth, stability, and adoption.

Increased Transparency and Accountability:

• Transparency builds trust. By recording all voting actions on-chain, Tempo ensures transparency in decision-making.
• Transparent governance reduces the risk of disputes and enhances Cardano’s reputation.

Efficient Governance:

• Efficient decision-making accelerates progress. Tempo streamlines the proposal-to-voting process, reducing delays.
• The cost of developing and operating Tempo is offset by the time saved in reaching consensus. Faster governance means quicker improvements to the Cardano ecosystem.

Long-Term Impact:

• Sustainable solutions create lasting impact. Tempo’s adaptability and scalability ensure relevance over time.
• While initial costs are incurred, the long-term benefits such as improved community collaboration, better rules, and decentralized growth outweigh them.

In summary, the cost of implementing Tempo represents value for the Cardano ecosystem by fostering engagement, transparency, efficiency, and long-term resilience. As the community thrives, Cardano’s overall success is amplified.