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Donut DAODonut DAOby0x2A043F315F24762937CBCf0EB6CB313a43bDE5340x2A04…E534

[Governance Poll] Discontinue the "Donut Tipping & Content Curation" bonus

Voting ended almost 2 years agoSucceeded

Current situation Currently, the distribution formula for DONUTs on r/EthTrader is as follows:

Posts: 510K

Comments: 340K

Community treasury funds: 255K

Bonus to posts, by receiving tips: 77K

Donut tipping and content curation: 33K

Uniswap liquidity incentives: 400K

Sushiswap liquidity incentives: 100K

Moderation: 85K

The current distribution model includes a bonus of 33K DONUTs, allocated for users who send tips. This bonus is intended to incentivize quality engagement and content creation.

Problem The bonus for tippers has led to unintended consequences. Even after the reduction in the bonus, we've observed persistent challenges. Users are now engaging in minimal (1, or more commonly less than 1, DONUT) tip spamming to qualify for the distribution bonus, resulting in low value interactions and cluttered comment sections.

Comment sections under threads are dominated by repetitive !tip commands, overshadowing meaningful discussion, and giving the impression to outsiders that the subreddit is overrun by automated bots, rather than genuine community members.

Solution To address these issues, I propose removing the 33K DONUT bonus, allocated to Donut Tipping & Content Curation. Instead of distributing these funds, I recommend either removing the amount from the distribution entirely to reduce inflation, or reallocating them to the community treasury, for more strategic use. Regarding the latter, this adjustment would free up these DONUTs for more critical needs, such as incentivizing liquidity pools, financing projects, events, or paying developers, among other possibilities.

This thread serves to give the governance the flexibility to decide how best to reallocate these funds, within the existing distribution categories or for new purposes deemed more beneficial, or to simply not distribute them at all.

Advantages Improved resource allocation. By removing the bonus, we can redirect these DONUTs to support vital initiatives, such as liquidity incentives.

Reduction in low value engagement. Eliminating the bonus should discourage low effort interactions, driven solely by distribution incentives.

Improved community perception. Removing clutter from comment sections can improve the sub's image, and promote organic, meaningful engagement.

Disadvantages Some users may oppose the removal of the bonus, perceiving it as a reduction in potential rewards.

If the current 33K DONUT bonus is not reallocated elsewhere within the distribution formula, there may be a slight reduction in earnings for contributors.

Conclusion This proposal aims to optimize the allocation of resources and promote more organic interactions on r/EthTrader. Please note that this proposal specifically addresses the bonus allocated for sending tips (Donut Tipping & Content Curation), and does not impact the bonus from receiving tips.

The choices are:

[YES]

[ABSTAIN]

[NO]

Off-Chain Vote

Yes
7.56M DONUT79.4%
Abstain
5.04K DONUT0.1%
No
1.95M DONUT20.5%
Quorum:211%
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Timeline

Apr 22, 2024Proposal created
Apr 22, 2024Proposal vote started
Apr 27, 2024Proposal vote ended
Apr 27, 2024Proposal updated