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SYNC NetworkSYNC Networkby0xe6b4EafD769F2D29eC4BD2F197E393dDB7d75B84unchainedninja.eth

Redefine governance voting power

Voting ended about 5 years agoSucceeded

It seems like currently, just the number of bonds count for governance voting power, I think that's not ideal as one wallet could have 100 bonds worth $10'000 and another wallet could have 5 bonds worth $20'000.

  • Token value in bonds held: one factor could be the value of the tokens that the bonds held have
  • Number of bonds held: Owning multiple bonds supports that more bonds are traded and shows that the owner is really using the platform, so I think it is still a significant factor

The goal should be that having two bond owners with the same token value in bonds held, the one with more bonds should get slightly more voting power.

Vote yes if you want a formula that takes both factors "token value in bond" + "amount of bonds" in the calculation.

Off-Chain Vote

Yes
17 100%
No
0 0%
Other solution (see TG chat)
0 0%
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Timeline

Feb 04, 2021Proposal created
Feb 04, 2021Proposal vote started
Feb 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated