After the week-long run of a Free-For-All proposal system on Snapshot.org, it is proposed we have proposals go through three steps in order to drive more voter engagement and have more expected information in every proposal:
The Dino Babies in Space Community Fund is based around fractionalized management and large-scale membership engagement. We discovered during our first-week run that the large-scale member engagement was not happening organically on Snapshot spaces. It is our conviction that if we rooted the initial refinement period (preproposal) on discord, we could get more members to last through the entire voting process.
We believe that members who are deeply involved in all parts of the NFT process will get more out of the experience. Voting and participating in the decentralized part of the NFT project is a core function and where much of the value is derived in the project. It is our conviction that if we make the voting experience more present on discord, and more clearly defined process-wise that we will get more member involvement and thus have more members achieve a richer experience.
Success on this project will be defined as the active members in each discord preproposal channel and the total number of votes on each snapshot proposal. We know we succeeded if more members are engaging and engagement is continually growing.
The following are the functions of each step in the proposal process
In preproposal, anyone can submit a proposal through our submission form. The form will ask you to write up the best explanation you can for your proposal using the following questions. As a community, it is our responsibility to help understand the goal of the proposal, and the proposer is expected to help craft the story on why this should happen.
This may look familiar to this proposal right above
In the DinoBabies NFT Discord Server, a unique discord channel will be made for discussing the submitted proposal.
At any point or after 3 days of discussion, a vote will be called on discord: Should this proposal go to a Preliminary Vote? And have three voting options:
With a minimum of 24 hours after the discord channel closes, the preliminary proposal is presented on the Snapshot.org Dino Babies in Space Community Wallet Space. This 24 hour gap allows members to choose their delegates or collect their eggs before the snapshot is taken.
When the proposal is created on Snapshot.org, a snapshot is taken of all DinoEgg holders. This is done so no members can game the system and flaw the vote if they are losing votes later on.
For two days, Snapshot.org will host a vote from members on if this idea should go to full quorum voting. Members are asked to evaluate if they like the idea and if this will help improve the Dino Babies in Space project as a whole.
There are 4 options presented in this vote
In discord vote, all discord members are 1 vote and they are voting if the idea makes sense to invest real blockchain resources into executing.
There are four reasons, mirroring both the US Congressional Process and DoodleBank:
An Abstain vote means you want to get voting to quorum, but do not have an opinion either way on the proposal.
8% of actively circulated Dino Eggs must be accounted for to consider this vote complete. If less than 8% vote, this proposal will go back to discord for a redraw.
The calculation for Active Circulated Eggs is: [Total eggs accounted for in vote] / [3,000,000 - {total eggs in distribution wallet}]
If a proposal makes it from preliminary approval to final vote, the final proposal is uploaded to snapshot with all terminal states on a 3 day voting period.
A terminal state is the end of that proposal’s lifecycle no matter the result. Many proposals will have more than Yes and No options so we are letting the proposal writer and moderation team decide on what the voting options may be.
If a final vote passes, it is the obligation of the Dino Council to effectuate the proposal in as timely of a manner as possible. We will work with the proposal writer and the community to make sure we are matching the goal of the proposal.
If the majority vote ignoring abstains is No, the proposal is officially over without taking action. The proposal writer is encouraged to go on a cooldown before proposing something similar.
If the majority vote does not meet quorum, the proposal is also officially a failed vote. However, the Dino Council will be more lenient on the repurposing of the same content for a new proposal.
There are five unique proposal types that have different quorum needs: