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Evolution LandEvolution Landby0x2aFebB36EE151FbADBb8FE7c7D1adf604249FA3D0x2aFe…FA3D

Canceling the staking in governance.

Voting ended almost 4 years agoSucceeded

English Version: Canceling the staking in governance. 2/3 of the dividend pool will be used for farms, and the remaining funds will be temporarily stored for possible subsequent usage. The calculation of vote rights is performed by the Snapshot, and users only need to hold to obtain vote rights without any staking operation.

Reason:

Why Cancel Rewards?

Compared with the staking in governance, the reward in farming has a greater direct incentive effect on the overall economic cycle of the Evolution Land. The rewards in the farm will significantly increase the depth of the liquidity pool. However, the staking rewards in governance are not fed back to the governance system. The benefit brought by the staking of KTON is far less than the 30% of the game income we spend on this as a cost.

Why cancel the staking?

Staking and governance will inevitably bring functional coupling. The governance system has become a collection of two systems. When we need to deploy a governance system on a new continent or make changes to the current governance functions, there will be a huge amount of development when adjusting. The current Evolution Land governance function is based on Snapshot, and the delay in the launch of governance in the HECO continent is also due to this complex coupling, which requires a high cost to implement. If we lift this shackle and directly use the Snapshot, we can quickly deploy to the new continent - just need to do some configuration.

Why choose snapshots?

When we consider removing this part of the staking reward, we must take into account the calculation method of voting power, so we propose to realize the calculation of this part of voting rights through snapshots, which is the basic function provided by Snapshot, which is relatively fair and reasonable. There is no other consideration - the purpose of the user's holding is to have a greater voice in governance, not for profit.

中文版本:

取消治理中的质押收益模式,分红池中2/3将用于农场,剩余资金暂存以备后续可能的用途。票权计算则由snapshot的快照功能执行,用户仅需持有即可获得票权,而无需进行任何质押操作。

原因:

为什么取消收益?

相比于治理中的质押,农场收益奖励显然对进化星球整体经济循环的直接激励作用更大,在农场中收益的激励会更明显的提升流动性池深度。而治理中的质押奖励更多没有反馈到治理系统的运行中,氪石的质押带来的收益远远小于我们作为成本的为此支出的30%的游戏收益。

为什么取消质押?

质押获取收益与治理兼并的同时必然带来了功能上的耦合,治理系统实际成为了两个系统的集合,这意味着当我们需要部署一个新大陆上的治理系统,或者对现在的治理功能做出调整时会面临巨大的开发量。事实上,现在的进化星球治理功能是基于snapshot进行的包装,HECO大陆迟迟没有上线治理也是因为这种复杂的耦合导致实现起来需要花费很大的代价。如果我们解除了这层束缚,直接使用snapshot的功能,则可以快速部署到新大陆上——仅仅只需要做一些配置即可。

为什么选择快照?

当我们考虑移除这部分质押收益奖励的同时,我们必须要考虑到票权的计算方式,因此我们提出了通过快照来实现这部分票权的计算,这是snapshot提供的基础功能,他相对公平合理,没有其他的考量权衡因素,即用户的持有目的就是为了在治理中发出更大的声音,而不是为了收益。

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Discussion

Evolution LandCanceling the staking in governance.

Timeline

May 07, 2022Proposal created
May 07, 2022Proposal vote started
May 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated