AMA with Ecosystem Growth WG
The Spaces discussed the efforts of the Ecosystem Growth Working Group, led by Finn and Charles, under the wider House of Stake initiative. The main focus was on ecosystem growth, including strategies for capital allocation and improving infrastructure for developers in the Near ecosystem. The working group aims to enhance user adoption, liquidity, and developer growth through precise KPIs and strategic objectives. Collaboration and coordination among various groups are emphasized to maintain alignment. Future goals involve fostering community feedback loops, exploring budget allocations, and planning regional expansions.
Ecosystem Working Group Discussion Summary
Introduction
The discussion, led by Mr. Joe, features Finn and Charles covering the activities and progress of the Ecosystem Working Group within the NEAR Protocol. It begins with introductions of key participants and sets the stage for the working group topics.
Goals and Structure
The Ecosystem Working Group is tasked with ensuring sustainable growth within the NEAR ecosystem. Finn explains that the group was formed alongside several working groups focused on different pillars: ecosystem growth, treasury management, and security, among others. Key team members include Charlie (from Aurora), Shoji, Takeshi, and Cameron Dennis.
Objectives and Strategic Planning
Finn outlines the group's objectives, broken into three main themes:
- Adoption and Usage: Focused on user adoption and engagement, with KPIs targeting user inflows, application usage, and retention.
- Liquidity and Economic Activity: Aimed at increasing on-chain liquidity and transaction volume, with KPIs on TVL (Total Value Locked) and net inflows.
- Developer and Ecosystem Growth: Enabling developers by improving technical infrastructure and support, focusing on new project launches and quality cohort progression.
Coordination with Other Working Groups
Mr. Joe discusses the overlap among various working groups and highlights the importance of coordination. Cross-participation from members and facilitators like Clause help ensure alignment across initiatives.
Specific Initiatives and Timeline
Charles elaborates on recent initiatives, including:
- Finalizing a budget for liquidity and incentives.
- Building dashboards for tracking KPIs and ensuring accountability.
- Engaging with developers and gathering feedback to refine strategies.
- Preparing for the launch of House of Stake.
Role of AI and Community Engagement
Charles discusses integrating AI for governance improvements, particularly in streamlining proposal processes.
Community Feedback and Interaction
Several community questions were addressed, focusing on:
- How governance frameworks are inspired by existing models, though a unique strategy is necessary for NEAR.
- Plans for regional expansion and supporting nascent communities, although not a current priority.
Future Goals
Short-term goals include establishing a foundational understanding of developer needs and refining the approach to resource allocation based on community and ecosystem feedback. Longer-term aspirations include demonstrating progress against KPIs and ensuring sustainable growth.
Conclusion
The session concludes with affirmation of continuous community engagement and evolution of governance structures. Future sessions promise further development updates and community involvement. The working group emphasizes transparency and adaptability in achieving its objectives.