Funding a Decision Deposit Sponsor

Medium Spender
10 Comments
Rejected
  • Content
  • AI Summary
Reply
Up
Share
Request
3,333KSM
Status
Decision14d
Confirmation1d
Attempts
0
Tally
27.9%Aye
50.0%Threshold
72.1%Nay
Aye
26.53KKSM
Nay
68.5KKSM
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support(0.10%)
14.45KKSM
Issuance
14.32MKSM
Votes
Nested
Flattened
Calls
  • Call
  • Metadata
  • Timeline4
  • Votes Bubble
  • Statistics
    New
Comments
Sort by
Oldest

I agree with the notion that decision deposits can be a barrier for well-intentioned individuals. However, I share some reservations about the effectiveness of multisig in the long run. Instead, I believe we should work on allowing multiple accounts to contribute varying amounts towards the deposit for a referendum, making it more inclusive, similar to Gov 1's public referenda endorsements. Afterwards, we can actually consider slashing those DDs in case of a negative outcome.

Reply
Up

Some thoughts:

overall figuring a way to get a decision deposit for contentious stuff is a good idea but then there are some issues:

  • in general, this is an interesting idea, but still feels like you're trying to engineer chaos, without the requisite dare i say rock n' roll mentality.
  • who decides what is / isn't malicious? having tried to burn the kusama treasury that was considered malicious, yet it was grounded in real insight and is I would argue exactly the sort of chaotic experiment we should see play out for real - adam, you wanted to kill it so tbh that already makes me think the group is too conservative.
  • you can crowdsource DD contributions without some new tools, you need to think about encouraging risk as a mentality, not via more bureauracy... for example, i was serious about using my own KSM from a proposal to burn the treasury, people should see risking KSM on something they care about as worth the possible loss.
  • one other general point - what are the sorts of experimental ideas you want to see tested via root?

imo it make more sense to run this the other way around... cultivate some 'wild' ideas, then submit them to root, and encourage people to contribute to specific proposal DD pools and mint them soulbound NFTs that have some cultural significance.

encourage a risk taking culture, rather than tip toeing around hoping it'll show up if we just design a new system. there are a lot of very wealthy KSM holders... id like to see some of them put some extra skin in the game rather than relying on the serfs to dance to a merry tune.

Reply
Up