Helping online communities get stuff done at @commondotxyz

Joined May 2021
113 Photos and videos
Rhys retweeted
"We need more DAOs - but different and better DAOs." ๐Ÿซก
We need more DAOs - but different and better DAOs. The original drive to build Ethereum was heavily inspired by decentralized autonomous organizations: systems of code and rules that lived on decentralized networks that could manage resources and direct activity, more efficiently and more robustly than traditional governments and corporations could. Since then, the concept of DAOs has migrated to essentially referring to a treasury controlled by token holder voting - a design which "works", hence why it got copied so much, but a design which is inefficient, vulnerable to capture, and fails utterly at the goal of mitigating the weaknesses of human politics. As a result, many have become cynical about DAOs. But we need DAOs. * We need DAOs to create better oracles. Today, decentralized stablecoins, prediction markets, and other basic building blocks of defi are built on oracle designs that we are not satisfied with. If the oracle is token based, whales can manipulate the answer on a subjective issue and it becomes difficult to counteract them. Fundamentally, a token-based oracle cannot have a cost of attack higher than its market cap, which in turn means it cannot secure assets without extracting rent higher than the discount rate. And if the oracle uses human curation, then it's not very decentralized. The problem here is not greed. The problem is that we have bad oracle designs, we need better ones, and bootstrapping them is not just a technical problem but also a social problem. * We need DAOs for onchain dispute resolution, a necessary component of many types of more advanced smart contract use cases (eg. insurance). This is the same type of problem as price oracles, but even more subjective, and so even harder to get right. * We need DAOs to maintain lists. This includes: lists of applications known to be secure or not scams, lists of canonical interfaces, lists of token contract addresses, and much more. * We need DAOs to get projects off the ground quickly. If you have a group of people, who all want something done and are willing to contribute some funds (perhaps in exchange for benefits), then how do you manage this, especially if the task is too short-duration for legal entities to be worth it? * We need DAOs to do long-term project maintenance. If the original team of a project disappears, how can a community keep going, and how can new people coming in get the funding they need? One framework that I use to analyze this is "convex vs concave" from vitalik.eth.limo/general/202โ€ฆ . If the DAO is solving a concave problem, then it is in an environment where, if faced with two possible courses of action, a compromise is better than a coin flip. Hence, you want systems that maximize robustness by averaging (or rather, medianing) in input from many sources, and protect against capture and financial attacks. If the DAO is solving a convex problem, then you want the ability to make decisive choices and follow through on them. In this case, leaders can be good, and the job of the decentralized process should be to keep the leaders in check. For all of this to work, we need to solve two problems: privacy, and decision fatigue. Without privacy, governance becomes a social game (see vitalik.eth.limo/general/202โ€ฆ ). And if people have to make decisions every week, for the first month you see excited participation, but over time willingness to participate, and even to stay informed, declines. I see modern technology as opening the door to a renaissance here. Specifically: * ZK (and in some cases MPC/FHE, though these should be used only when ZK along cannot solve the problem) for privacy * AI to solve decision fatigue * Consensus-finding communication tools (like pol.is, but going further) AI must be used carefully: we must *not* put full-size deepseek (or worse, GPT 5.2) in charge of a DAO and call it a day. Rather, AI must be put in thoughtfully, as something that scales and enhances human intention and judgement, rather than replacing it. This could be done at DAO level (eg. see how deepfunding.org/ works), or at individual level (user-controlled local LLMs that vote on their behalf). It is important to think about the "DAO stack" as also including the communication layer, hence the need for forums and platforms specially designed for the purpose. A multisig plus well-designed consensus-finding tools can easily beat idealized collusion-resistant quadratic funding plus crypto twitter. But in all cases, we need new designs. Projects that need new oracles and want to build their own should see that as 50% of their job, not 10%. Projects working on new governance designs should build with ZK and AI in mind, and they should treat the communication layer as 50% of their job, not 10%. This is how we can ensure the decentralization and robustness of the Ethereum base layer also applies to the world that gets built on top.
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Rhys retweeted
COMMON (@commondotxyz) is live on Stargate. Move it between @Solana, @Base and @BNBCHAIN at a perfect 1:1 rate, with no slippage. Powered by LayerZero. Stargate is the standard for moving money onchain.
5 Nov 2025
$COMMON is now live on Stargate. You can bridge $COMMON natively to BSC - no slippage, no fees (just gas) and with guaranteed delivery. Powered by @StargateFinance. Here's why this matters ๐Ÿ‘‡
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Rhys retweeted
5 Nov 2025
$COMMON is now live on Stargate. You can bridge $COMMON natively to BSC - no slippage, no fees (just gas) and with guaranteed delivery. Powered by @StargateFinance. Here's why this matters ๐Ÿ‘‡
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Rhys retweeted
The System Quest error is being resolved. A deep triage is actively being executed while continuing to monitor claims registration. At minimum, 20M $COMMON has been reclaimed from Sybil Aura farming and is reserved exclusively for Season 1 and Season 2 participants, as well as manual Aura earners identified during review. This remains a top priority. A detailed blog post will follow shortly.
Thank you to the community for its reports and patience. Common is actively resolving the communityโ€™s Aura-based rewards. Please see the full report here: common.foundation/blog/resolโ€ฆ
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23 Oct 2025
Replying to @commondotxyz
@commondotxyz needs an ETH Community Development Manager ๐Ÿšจ Our >2.4m member community is one of the Common community's biggest assets & we need your help managing it Check out the ETH Community Lead's post to apply More info on the community contributor role below ๐Ÿ‘‡
23 Oct 2025
๐—•๐—ฒ๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ฎ๐—ป ๐—˜๐—ง๐—› ๐—–๐—ผ๐—บ๐—บ๐˜‚๐—ป๐—ถ๐˜๐˜† ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ Manager ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ป Help manage and grow Common's Ethereum community with more than 2.4M members Here's how you can apply: --> read the Thread on the Common platform, which details the responsibilities of the ETH Community Development Assistant P.S. (The link to the Thread on Common will be in the comments under this post) --> fill out the Google form that is ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ง๐—ต๐—ฟ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ป
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What you'd be doing: - Connecting builders & communities - Supporting communities in the EVM space by helping them coordinate and grow using Common - Facilitate bounties and contests to create community curated educational resources, new projects, and more
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23 Oct 2025
Interested? Check out the quoted tweet in the first tweet of this thread gMoon๐ŸŒ™
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Rhys retweeted
18 Oct 2025
Common Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ is now live on @commondotxyz A decentralized community where everyone can learn together, launch communities, grow engagement and join contests. Dive in: common.xyz/commonng Here's what coming: 1/
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Rhys retweeted
The $COMMON whitepaper is here. Loops turn events into markets. Every decision, launch, and milestone can be priced, traded, and settled onchain. The future of coordination isn't committeesโ€”it's price discovery. Breakdown ๐Ÿ‘‡
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15 Oct 2025
$COMMON is for community
$COMMON is coming. Coordination isn't gated by headcount anymore - it's gated by incentive design. $COMMON is the fuel for programmable rewards, governance, and agent-native workflows across Common. Here's how it works ๐Ÿ‘‡
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9 Oct 2025
Shoutout to everyone participating Voices of Common ๐Ÿ—ฃ๏ธ You all are the reason why the very first round of the program was a success I'm happy that I got to reward tons of great content & am excited to see what content the program rewards next week ๐Ÿ˜„
9 Oct 2025
Voices of Common Leaderboard | Aug 2 - Oct 2 These 10 creators consistently amplified Common across the ecosystem with quality content, authentic engagement, and real impact. Congrats to everyone who made the leaderboard ๐Ÿ‘ @emsalettineth @Beyabt85 @brssncr_ @tepewantsyou @bandanaranas @sadosist01 @tahirberk1999 @Serhatyay3 @0xSING4PUR @tuffy_duck
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Rhys retweeted
9 Oct 2025
๐Ÿšจ Lamumu AMA in 30 minutes on Common's Discord! There is still time to submit your questionsโ€” questions answered during the AMA will receive Aura. Submit your questions in the comments of the thread below ๐Ÿ‘‡
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9 Oct 2025
AMA in 1 hour 15 mins โ€ผ๏ธ
7 Oct 2025
Replying to @RhysFH
๐Ÿš€ Launch Event Weโ€™re kicking things off with a Lamumu AMA Drop your questions in the comments of the linked thread & theyโ€™ll be answered live on Discord ๐Ÿ•š Thursday, 11:30 AM EST x.com/Vparshutto/status/1975โ€ฆ
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7 Oct 2025
Common contributors just launched our second sub-community -> /ethereum ๐Ÿฅณ This launch activates one of the most valuable assets in the Common ecosystem: a space built by and for Ethereum builders Hereโ€™s how to get the most value from it ๐Ÿ‘‡
7 Oct 2025
Common's Ethereum community just got rebuilt from the ground up! 2.4M members. Completely new infrastructure. Built for actual builders. Here's what's new ๐Ÿ‘‡
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7 Oct 2025
๐Ÿš€ Launch Event Weโ€™re kicking things off with a Lamumu AMA Drop your questions in the comments of the linked thread & theyโ€™ll be answered live on Discord ๐Ÿ•š Thursday, 11:30 AM EST x.com/Vparshutto/status/1975โ€ฆ

Join us for an AMA on @commondotxyz On the topic "I was part of the team that launched Lamumu: An NFT Collection on Ethereum," organized as part of the Common project! @RhysFH will be answering all your questions about the creation, challenges, and innovations behind the @lamumudotxyz collection Got questions about launching NFT projects on Ethereum or the story behind Lamumu? Drop them in the comments and get ready for some insightful answers! ๐Ÿ“… Thursday, 11:30 a.m. EST ๐Ÿ‘‰ AMA venue: @commondotxyz project Discord!
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7 Oct 2025
This community is for you and built with you. Join common.xyz/ethereum, share your ideas in the Discord channel, and help shape one of the most important spaces on Common Letโ€™s build /ethereum together ๐Ÿฎ
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