Tribeca is an open source protocol for launching decentralized autonomous organizations on Solana. It is heavily inspired by the designs of Compound and Curve governance.
Tribeca is built and maintained by builders from several of Solana’s leading protocols and organizations, including: Arrow, aSOL, Atrix, Cashio, CLB, Crate, Delta One, Friktion, Goki, Pole, Port, Quarry, Saber, Sencha, Serum, Ship Capital, Sunny, and Traction.
The Tribeca Alliance also maintains a frontend for DAOs to use at https://tribeca.so, which is free and open for any DAO to use.
Why Tribeca?
Solana applications have historically been relatively centralized compared to their counterparts on Ethereum. Smart contract code is often closed source, and programs are freely upgradeable by teams. We believe the main reason for this is that it is simply too hard to create code in an open and decentralized way due to lack of common tooling for teams to use.
Tribeca attempts to solve this problem by creating a powerful yet extensible framework for governance. The initial release of Tribeca features an on-chain voting system coupled with a system to create and manage proposals, similar to Compound. It also features an optional primitive for vote-locking tokens to encourage long term staking, similar to veCRV.
Our mission is to increase the decentralization of the Solana network; that is, to make it cost-prohibitive to take down a protocol. By offering high quality governance products to all protocols, we believe that more protocols will default to giving more power to their users; that is, teams will launch tokens faster as the barriers to creating DAOs drop dramatically.
Why not SPL Governance?
Tribeca differs from the SPL Governance program in several ways:
- Built with Anchor. Tribeca is pluggable with other Anchor-based projects and tools, allowing for simpler composability.
- Modularity. Tribeca is built to be flexible and extensible, splitting out proposals/voting, transaction execution, and staking into three separate programs.
- Hosted. The Tribeca DAO program is meant to be deployed as one instance of a program, similar to the SPL Token Program. It is an open standard that any other project can build upon, without requiring teams to deploy their own DAO or giving custody of user tokens to Tribeca.
- Simplicity. Tribeca does as little as possible, giving DAOs the freedom to choose how their governance system operates.
Furthermore, Tribeca possesses a few additional features:
- Locked voter. Tribeca contains a vote-escrow program very similar to Curve, which allows DAOs to incentivize long-term holders.
There are also a number of cryptoeconomic exploits on the existing implementation of SPL Governance as described in the Voting Escrow section of these docs.
The First Tribeca DAO
Cashio, one of the core contributors to Tribeca, is launching a DAO based around their memecoin $COW. For more information, see their launch post.
If you’re interested in setting up a DAO and/or becoming a contributor, please fill out the interest form.
Disclaimer
All claims, content, designs, algorithms, estimates, roadmaps, specifications, and performance measurements described in this project are done with the author’s best effort. It is up to the reader to check and validate their accuracy and truthfulness. Furthermore, nothing in this project constitutes a solicitation for investment.
