Rating Balancer DAO’s maturity with DAOmeter

Hey Balancer community,

My name is Ann, I’m the Lead Governance Researcher on the StableLab team.

StableLab is a governance advisory firm specializing in professional delegation and governance framework design at some of the leading DeFi DAOs.

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, we have assigned Balancer a maturity score of 77%.

Some areas of improvement that can be made include:

  • Degelate compensation
  • Storing proposal data on-chain

We’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