Hey everyone,
How can we protect decentralized treasuries from bad actors without compromising their open and permissionless nature?
It’s a core challenge. While OpenGov is a revolutionary model, its lack of built-in accountability means well-funded grifters face no consequences, harming the ecosystem, token holders, and protocol maintainers.
I’m deeply aligned with Gavin Wood’s recent shift in focus towards on-chain Proof of Personhood (PoP). The Decentralized Identifier (DID) model inherently relies on trusted attesters, robust practices, and polished attestation methods to function effectively. PoP is a critical missing piece to solve the sybil-resistant identity layer that web3 needs.
This conversation is therefore perfectly timed. I’m building on KILT Protocol to create a solution that complements this vision. I’m proposing we explore integrating Verifiable Credentials (VCs) as a layer for treasury funding, using PoP as a fundamental pillar.
The idea:
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Use Proof of Personhood and trusted attesters to provide Sybil-resistant KYC/KYB/KYP via VCs.
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Implement verifiable legal locks for teams receiving treasury funds based on these credentials.
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Create a framework that allows the DAO to hold recipients accountable, turning on-chain reputation into real-world consequences.
This isn’t about stopping decentralization; it’s about using tools like PoP and VCs to verify truth and build trust—a future that’s responsibly decentralized.
I’ve built a beta platform for issuing VCs and managing digital legal contracts (a CLM dApp) that could facilitate this. It’s not perfect, but it’s functional enough to start this integration.
I want to build this with the community. So, I’m opening the floor:
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How do you think Proof of Personhood can best be integrated into treasury management?
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What are your biggest concerns or ideas about this concept?
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Who should I talk to? (e.g., W3F team, legal bounty participants)
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Would you be willing to test the beta and provide feedback? You’ll need a KILT DID.
Resources:
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Video Demo (in Spanish): https://youtu.be/GEiocYNiXRg
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Beta Platform: https://beta.peranto.app
(Note: The beta has some known container issues; full stability is coming in ~2 weeks.)
I’m eager to hear your thoughts and collaborate to strengthen our ecosystem.