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Donut DAODonut DAOby0x2A043F315F24762937CBCf0EB6CB313a43bDE5340x2A04…E534

[Governance Poll] Introduce bonus CONTRIB reward for governance participation

Voting ended almost 2 years agoSucceeded

Some of the long term users have an incredibly high voting weight compared to most users, especially new users.

This itself is not a problem, however, we have also since seen a reduction in how much DONUT/CONTRIB is actually distributed;

Most recently the incentives for tipping is being removed, which also means another 33k CONTRIB is no longer being distributed - which is after only a few rounds ago, tipping bonuses for sending and receiving were slashed by 80%.

In total, this is 473,000 DONUT/CONTRIB fewer being distributed per round than 6 months ago.

Proposal Reward 500 CONTRIB for users who participate in 1 governance poll for that round

Reward 100 CONTRIB for users who participate in additional governance polls for that round

Users with 1 million+ CONTRIB are ineligible for this bonus.

Example Provided.

A user votes in 1 poll, they receive 500 bonus CONTRIB.

A user votes in 3 polls they receive 700 bonus CONTRIB.

In the grand scheme of things, this isn't a huge bonus, and certainly not one that is likely to have any immediate impact. However, in the long run, this will help bridge the gap, over time, between old users and new users.

Last Governance Week there were, on average, 100 users who voted in 6 polls, that would mean approximately 100k additional CONTRIB being distributed.

Given in the last 6 months we have seen over 473,000 DONUT/CONTRIB been removed from distribution, this helps balance out the governance power potential, while still embracing the reduced DONUT supply inflation.

CONTRIB - stands for CONTRIBUTION, and certainly governance participation does help contribute to the sub and the community.

In a small way, this could even help provide a little buying pressure, because if people are earning more CONTRIB than donuts, they might decide to buy some to ensure they have maximum voting power with their DONUT/CONTRIB ratio.

The choices are: [YES]

[NO]

[ABSTAIN]

Off-Chain Vote

Yes
8.88M DONUT100%
Abstain
0 DONUT0%
No
0 DONUT0%
Quorum:197%
Download mobile app to vote

Discussion

Donut DAO[Governance Poll] Introduce bonus CONTRIB reward for governance participation

Timeline

May 25, 2024Proposal created
May 27, 2024Proposal vote started
Jun 01, 2024Proposal vote ended
Jun 01, 2024Proposal updated