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New tier of funding that's just up/down no V.P. influence

RejectedPoll

Proposal Details

Author0x7616…16e2
PublishedOct 20, 2022 04:06
Voting beginsOct 20, 2022 04:06
Voting endsOct 25, 2022 04:06
Snapshot#f888eec

Description

Limit this Funding tier to $50 and limit it to 500 passed proposals per month strictly up/down vote. I f@cking promise you this will create a low level feeding frenzy that this metaverse sorely needs. P.S. Maybe kill the $240K funding tier PPS. Thanks to all who voted through the meager @ARTorDAI proposal!!!!

Voting Rationale

0x15b0…Aae6YES11

yes i am in

7 Comments

daoNov 01, 2022

New tier of funding that's just up/down no V.P. influence This proposal has been REJECTED by a DAO Committee Member (0xfe91c0c482e09600f2d1dbca10fd705bc6de60bc)

daoOct 25, 2022

New tier of funding that's just up/down no V.P. influence This proposal is now in status: FINISHED. Voting Results: * Yes 1% 4,016 VP (8 votes) * No 90% 911,263 VP (36 votes) * Invalid question/options 9% 100,004 VP (1 votes)

nwizOct 24, 2022

Correction : Minimum Grant Request for Tier 1 is $100+.

BBStudiosOct 21, 2022

ile Ok I get that people will just manipulate if its 1 wallet 1 vote. I like tudamoon's solution, sounds like it could work, should submit that as a proposal.

nwizOct 20, 2022

Grants based on Up/Down Votes is a non-starter. This would lead to manipulation and abuse of our DAO funds. Users need to have 'skin in the game' for an egalitarian and democratic system to exist which is why VP exists. Also, you can already request a Tier 1 grant for $50 as $1,500 is the maximum for this tier not the minimum.

ileOct 20, 2022

I agree with Vapo. One wallet one vote is ideal until you consider how easy it is to make wallets. I do support a $500 tier though. @BBStudios how much VP do you think should be required to pass a $500 grant? What should happen if someone starts autopassing a bunch of low tier grants with their own VP? Or maybe we approach it as Tudamoon was saying. There are 50ish $500 grants per month. Grantees apply competitively. Users vote and at the end of the month, the top voted 50 grant applicants receive the $500 and then the cycle resets.

VaporizadorOct 20, 2022

Grants based solely on upvotes/downvotes are way too easy to manipulate, voted no.