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Donut DAODonut DAOby0x796F60CC634E9072FE0D702b05402Da5419Aaa0E0x796F…aa0E

Adjust distribution percentages to incentivize comments and to burn donuts from banned users.

Voting ended over 3 years agoFailed

The goal of this proposal is to incentivize quality comments on posts and in the daily thread by increasing the amount of donuts rewarded for comments per distribution. My last proposal created a post karma threshold of no less than 1000 that must be met before becoming eligible to register for donuts. This blocks most bot/alt accounts from coordinating upvotes on comments to take a large portion of the distribution from honest users.

Current donut distribution module is as follows:

Posts: 510K

Comments: 340K

Bonus to Posts by Receiving Tips: 340K

Community Treasury Funds: 255K

Donut Tipping & Content Curation: 170K

Uniswap Liquidity Incentives: 400K

Honeyswap Liquidity Incentives: 200K

Moderation: 85K

1.) We receive on average 50k donuts per month from Pay2post fees. I propose we specifically allocate those donuts to the community treasury. As r/ethtrader grows and more donut registered users create content for posts, pay2post fees will increase over time thus growing the funds in the treasury.

2.) To increase donuts awarded to registered users I propose we take 50K donuts from the 255k community funds treasury tax and reallocate those donuts to be awarded for comments. Keep in mind the pay2post fees will cover the cut to the donut tax (currently the donut tax is approximately 12%) The new donut tax would be roughly 10%, saving registered users 2% a month on tax without sacrificing funds to the treasury.

3.) Many users spam 1 donut tips to farm donuts out of the 170k awarded for tipping. I propose we take 50k donuts from the 170k and allocate those to comment rewards.

The new distribution module would be as follows:

Posts: 510K

Comments: 440K (+100k from current module)

Bonus to Posts by Receiving Tips: 340K

Community Treasury Funds: 205K + all monthly Pay2Post fees (-50k from current module)

Donut Tipping & Content Curation: 120K (-50k from current module)

Uniswap Liquidity Incentives: 400K

Honeyswap Liquidity Incentives: 200K

Moderation: 85K

The final reason for this poll is to burn the 100k donuts earned from banned users. This will help the economy of $DONUT by removing them from circulating supply.

Off-Chain Vote

Change distro model & burn donut
4.74M DONUT100%
Keep current model & don't burn.
0 DONUT0%
Quorum:95%
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Discussion

Donut DAOAdjust distribution percentages to incentivize comments and to burn donuts from banned users.

Timeline

Aug 25, 2022Proposal created
Aug 25, 2022Proposal vote started
Aug 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated