Kusama pass

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Request
210KSM
Status
Decision14d
Confirmation
12hrs
Attempts
0
Tally
8.8%Aye
91.2%Nay
Aye
26.23KKSM
Nay
273.13KKSM
  • 0.0%
  • 0.0%

    Threshold

  • 0.0%
Support
0.05%
7.57KKSM
Issuance
16.42MKSM
Votes
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Or do delegation here, check wiki.
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Hey, interesting concept. A few things I’m curious about:

  • What’s the nature of this lock, and when you say lock 10 KSM for a year, where exactly would users lock it? On-chain via a smart contract, or some third-party custody, or used by the team (e.g., for yield or other purposes)?
  • For the raffles, where will the prizes come from? Will they be funded by you, sponsored by partners, or funded by Treasury?
  • How are winners selected and proven fair? Any on-chain randomness source?
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Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Small Spender track requires 50% participation and simple majority of non-abstain votes according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received zero aye and four nay votes from ten available members, with one member abstaining. Below is a summary of our members' comments:

The voters expressed cautious interest in the Kusama Pass concept but raised significant concerns regarding its lack of detail. They criticized the proposal for not outlining a clear development plan, team credentials, or established partnerships, and several noted the absence of verified on-chain identity. Although the idea was seen as promising and potentially adaptable for broader applications in both the crypto and cultural domains, the ambiguity surrounding its operational framework and accountability led to doubts about its viability. One voter even suggested an alternative unlocking mechanism tied to balance thresholds, but overall, the proposal failed to secure support, resulting in a NAY vote.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort IV Delegate

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