FAQs

Intro to BanklessDAO

1. What is BanklessDAO?

BanklessDAO is a decentralized community focused on driving the adoption and awareness of bankless money systems like Ethereum, Bitcoin, and DeFi. You can learn more here in Getting Started with BanklessDAO

2. What's the purpose of BanklessDAO?

You can learn more about the Mission, Vision and Core Values of the BanklessDAO here: Mission, Vision, and Values

3. How do I join?

To join the community and become a member, please go to #👉dao-start-here👈 channel. You'll need a Guest Pass or 35,000 BANK in your wallet to start contributing.

If you do NOT have 35,000 BANK, but would still like to participate, head over to #🎢get-involved, describe how you'd like to contribute, and ask for a Guest Pass. Please note that Guest Passes expire after 14 days. You will need to ask a Level 2 Contributor to re-apply your Guest Pass.

4. How can I contribute?

Once verified, you'll have access to all channels. Share your skills and step up to help the BanklessDAO achieve its mission. When you become a member of the Discord, go to #🖤dao-general and tell us about yourself and how you can contribute.

Here's a little cheat sheet to help: Getting Started Cheat Sheet

5. Where I can contribute

All the real activity happens within Guilds and Projects. These channels are mostly hidden to remove clutter. You can unlock Guild and Project channels by selecting the reaction emoji (click the emoji) from ⚔role-select. If you want to get the full Discord view, look for the Firehose role.

6. What are the guilds, and how do I can join?

Guilds are labor pools that organize specialist skillsets into a single location. Creating a Guild gives DAO members to group together and offers the community direct access to a source of skilled labor. Examples include the Writers Guild, Translators Guild, Developers Guild, etc.

Here is more information on how to join: What are Guilds and How Do I Join?

Role gated PROJECTS categories. To see a project's channels, you must either have: (1) Relevant project role or (2) Firehose role. The only caveat is that each project's start-here channel is not gated. You can pick up the project role (or firehose) from #⚔role-select.

7. When are Community Calls?

Community Calls are weekly meetings we do to align our efforts. Community Calls are every Friday at 11 am EDT. All Guest Passes and Contributors can join on Discord. and everyone else on Twitch.

BANK Token and Compensation

1. How do I get BANK?

You can swap ERC-20 tokens or ether for BANK on the popular decentralized exchange Uniswap. See 👉dao-start-here👈 for more details. You can also earn BANK while contributing to BanklessDAO.

2. How can I earn BANK tokens?

TIPS: These are given by other BanklessDAO contributors for valuable or desirable contributions in the moment. (For work done, well spoken comments, answering member questions, or whatever the tipper values) - Tips are sent to a Collab.Land wallet connected to your username and can either be used for tipping others, or can be withdrawn to a personal wallet. To learn more go to #bot-commands and type: !tip help

BOUNTIES: Posted in the #bounty-board channel or in a guild-specific bounty channel, these are one time or recurring job requests and can be claimed by clicking the black flag emoji. Some bounties can only be claimed if you have the correct role tag. After claiming, it’s your responsibility to coordinate with the bounty poster. Payment is made upon delivery of requested action or material, and can come in the form of a tip (Collab.Land), or through a guild or project during their scheduled pay round (direct to ETH wallet).

COORDINAPE: These are ‘pay parties’ (funding rounds / epochs), where you and your peers allocate tokens to each other from a predetermined funding pool. Epochs are organised either by BanklessDAO or by a guild or project. Total funding for each epoch is typically set at the beginning of each season, and total number of participants will vary for each epoch. To participate you must sign up and opt-in. Sign up periods will be well advertised within your guild, project, or in the BanklessDAO announcement channels.

ROLE COMPENSATION: Retroactive remuneration for part- or full-time contribution to a guild or project. Rewards are determined by each guild or project during the seasonal funding process. Roles are typically elected positions and offer a stable inflow of BANK for the duration of that role. To be considered for a role you must be active within that guild or project and nominate yourself during an election cycle. Apprenticeships are available for some roles and compensation is shared between the role holder and the apprentice.

GRANTS: These are awarded to projects deemed useful to the growth of BanklessDAO or the community at large. You can earn some of this grant money by contributing to a project or guild, either in a role or by claiming bounties. Do you have an amazing idea for a project? You can build a team within BanklessDAO, form a proposal, and apply for a grant! Project proposals must be posted to the BanklessDAO forum for seven days, and accepted proposals must be submitted to Grants Committee for final consideration.