With Operation Wartortle being discussed, I started thinking about ways the community can help the protocol in certain key areas. We have an active core group of members with diverse skillsets. Now that the Community Fund is live, I think we ought to consider how we can utilize those funds through active initiatives rather than waiting for Grant Proposals.
The core team behind Nexus is incredible, but they are a small team. If we were to form distributed teams to create key Hubs, our community can contribute in deliberate action to help in key areas. We have talent within our community that can help in the following areas:
Each Hub would have a Team Lead who would communicate with other Team Leads and their own designated core team member. This would streamline communication and reduce the chance for confusion/miscommunication about projects/objectives. See graphic below:
This team can create awareness about the mutual and the benefits of membership. They can regularly post on Twitter, Reddit, and other social platforms to further the reach of the mutual, while engaging with potential members.
Essential Duties: Using social media (Twitter, Reddit, YouTube, etc.) to promote the mutual/cover products, engaging with potential users, creating coordinated marketing campaigns/strategies, etc.
A Marketing Hub could also identify news outlets, podcasts, and other venues the mutual could use to spread awareness of our product offerings.
This team can engage with members on Discord and Telegram to answer questions, act as a general resource, and to troubleshoot issues (among other things). This team would direct community inquiries to the necessary member of the core team, as well.
Written copy would be a key focus as well. This includes: writing a newsletter (in partnership with the Marketing Team), updating the docs, creating how-to guides, etc.
Essential Duties: Writing copy, creating a biweekly/monthly newsletter (in partnership w/ marketing), maintenance of docs, creating how-to guides, creating helpful YouTube videos, etc.
This team would also create a Community Channel where regular updates about the core team’s objectives and progress can be shared.
This team would work with Ricky in Business Development. They would identify small-to-medium protocols that could be listed on Nexus Mutual. They would also identify ways to grow our membership base over time.
I envision this team developing relationships with development teams behind protocols and influential figures in the DeFi space. This team can communicate with team leads from various protocols to identify ways the mutual can offer greater value to members and support protocols.
Essential Duties: Recruiting talent, reaching out to protocols, identifying areas for growth, etc.
This team would drive Membership Growth and Product Development.
While we have a variety of data points available in Nexus Tracker, it would be helpful to have tools to track other data sets for other teams. Effectiveness of marketing strategies, number of unique visitors to our documentation/website, number of covers taken out by protocol/custodian (instead of aggregate values for each), etc.
Having a team that can analyze data and create Dune Analytics solutions to help other teams, and the community at large, would be a huge benefit. Any data that can assist Risk Assessors would also be of major value.
All members that contribute to a team or serve as Team Leads would be compensated through the Community Fund. Instead of proposing a pay structure, I think it would be important for the community to discuss the size/frequency of grant payouts to members working within a Hub.
Individual payment will be determined through discussion, but I believe that it would be beneficial to earmark 1000 NXM for the Nexus Hub Initiative. That amount of subject to community discussion as well, but I thought it would be helpful to have a sum in mind since I am starting this conversation.
Creating a distributed system of teams is a step toward decentralization and greater community engagement with the protocol. I’d like to put more power in the hands of members, while consulting with the core team on these initiatives. The goal is to give the core team greater time/resources to focus on their internal goals.
Please share your thoughts below. I’d like community feedback on this idea.