Rating 1inch DAO’s maturity with DAOmeter

Hey 1inch community,

I’m Kene a Recognized Delegate here at The 1inch DAO and a Governance Analyst on the StableLab team, and we recently launched DAOmeter, a maturity rating system for DAOs.

The goal of DAOmeter is to serve as a public good by providing an effective method of evaluating and benchmarking the maturity levels of various protocols. This is achieved through a scoring system that encompasses key categories within protocols, such as Community, Voting, Documentation, Security, and more.

Based on our evaluation, 1inch has earned a maturity score of 58%.

We identified several areas of improvement. 1inch only received 41% in the community category because:

  • There are no working groups
  • Proposal data is not stored on-chain

I’d like to clarify that DAO maturity doesn’t equal “decentralization”. We provide a 40 page report on the breakdown of the score as well as the research methods behind DAOmeter, which you can find here.

As we’re committed to the continuous improvement and development of this tool, we’d love to hear from the broader community. Please feel free to share your thoughts, suggestions, and insights with us as we work to improve the DAOmeter scoring system.

If you want to try it, visit here.

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