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AavegotchiAavegotchiby0xE29555e804e414E295E2A059Fc49d002EC18F2680xE295…F268

Should we give voting power to REALM plots?

Voting ended about 4 years agoSucceeded

Author: Cookiethief Gotchi ID: 8161 Discourse Thread (Idea/Proposal): https://dao.aavegotchi.com/t/voting-power-for-land-plots/2508

Problem: With a new asset class added to the Aavegotchi family in the form of realm plots comes a new sink of GHST. This currently leaves those who have heavily invested into the new plots with much lesser voting power in the Aavegotchi DAO.

Solution: Since realm plots and the Gotchiverse are such an integral part of the Aavegotchi ecosystem, I believe it's only right that realm owners get an amount of voting power that is proportional to the size of their realm plots. This ensures that their vote can be heard, which is of particular importance when future governance proposals will concern the Gotchiverse.

Since every plot has a set size in pixels which is also a scaling factor for the amount of alchemica within the plot, the suggestion brought forward is to equal 1 pixel to 1 GHST worth of voting power.

This would mean a Humble plot has a voting power of 64 GHST A Reasonable plot has a voting power of 256 GHST And finally, a Spacious plot has a voting power of 2048 GHST

To put this into context with the most recent realm auction: The Humble mean price was: 236.84 GHST The Reasonable mean price was: 430.94 GHST The Spacious mean price was: 1730.29 GHST

An alternative that was put forward in the DAO discussion thread would be to give every plot a voting power weighted at half a GHST per pixel; this would put all three sizes well below their GBM floor price, with a vote afterward allowing for fine-tuning of final voting power amounts while ensuring that all land owners will have a say with their newly enabled 0.5 GHST/pixel voting power.

This would mean a Humble plot has a voting power of 32 GHST A Reasonable plot has a voting power of 128 GHST And finally, a Spacious plot has a voting power of 1024 GHST

Off-Chain Vote

Yes, give REALM 1 GHST/pixel
8.34M 67.1%
Yes, give REALM 0.5 GHST/pixel
3.39M 27.3%
No, do not give voting power
700.62K 5.6%
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Timeline

Nov 07, 2021Proposal created
Nov 07, 2021Proposal vote started
Nov 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated