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Season 2Episode 52

AstroDAO

January 21, 2023
35m
1 Guest

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About This Episode

In this episode of DevNTell, Narb welcomes Patrick Woo for an in-depth overview and demonstration of AstroDAO, a comprehensive framework for creating and managing Decentralized Autonomous Organizations (DAOs) on the NEAR protocol. Patrick explains that AstroDAO provides a user-friendly interface for DAO operators to add members, set up governance frameworks (like token-weighted or one-person-one-vote), and manage proposals without needing to write complex smart contracts from scratch. The demonstration covers the testnet application, showing how to connect wallets, navigate bounty areas, use the action library for function call templates, and step through the entire DAO creation process—including membership groups and custom voting permissions. Patrick also highlights technical advantages of the NEAR protocol, such as account abstraction, 1-second finality, and the ability to upgrade contracts securely through DAO votes. Finally, he showcases the composability of the ecosystem through 'Near Social' widgets, which allow developers to borrow and combine community-built tools like social avatars and bounty lists.

Key Takeaways

1

AstroDAO is a powerful framework on the NEAR protocol that simplifies the creation and management of DAOs, similar to Tally or Moloch on Ethereum.

2

The platform includes an 'Actions Library' where community members can share templates for smart contract function calls, making it easier to automate DAO operations.

3

NEAR protocol offers high developer efficiency with WASM-based smart contracts that can be written in Rust or JavaScript.

4

Governance on AstroDAO is highly customizable, allowing for different membership groups with varied proposal creation and voting permissions.

5

The ecosystem prioritizes security by enabling 'locked' contracts that can only be upgraded through collective DAO votes rather than individual developer keys.

6

Near Social provides a decentralized social layer where developers can build and fork 'widgets' to create customized, composable user experiences.

Featured Guest

PW

Patrick Woo

Founder @ AstroDAO

AstroDAO

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