[Custom Proposal] Proposal to Incentivize DAO Voters – 100 LAND Per Vote for 6 Months

Summary

To encourage more active participation from the DAO community, we propose an incentive of 100 LAND to be shared among all voters for each DAO proposal starting with the next votes following the implementation of this proposal. This incentive will run for an initial period of 6 months. The goal is to increase engagement and strengthen the governance process by rewarding active contributors.

Context

Currently, voter participation in DAO proposals is very low, with fewer than 10 participants on average. This low engagement limits the representativeness and effectiveness of collective decision-making.

Proposal

1. Reward of 100 LAND Per Vote

• For every DAO proposal, starting with the next votes following the implementation of this proposal, a total of 100 LAND will be allocated to be shared among all voters who participate in that specific vote.
• The incentive will apply to proposals over an initial period of 6 months.
• No retroactive rewards will be given for votes that took place before the implementation of this proposal.

2. KYC Requirement

• Participation will require a completed KYC process, and only one wallet per KYC will be allowed.
• This rule ensures that bad players cannot split their LAND tokens across multiple wallets to unfairly benefit from the reward system.

3. Distribution Method

• The distribution of rewards (via a claim system or direct wallet transfer) will be decided by the implementation team for optimal efficiency.

4. Adjustable Incentive Structure

• After the 6-month trial period, the DAO may adjust the incentive amount through a standard voting template. No custom voting process will be needed for these future adjustments.

Benefits for the DAO Community

• Increased Participation: The LAND reward will motivate members to engage more actively in DAO governance, improving decision-making representativeness.

• Strengthened Governance: A higher voter turnout ensures decisions are more inclusive and reflect the will of the community.

• Fair System: The KYC requirement and single-wallet rule maintain the integrity of the reward system and prevent abuse.

• Rewarding Engagement: Active contributors will be recognized and rewarded for their participation, fostering stronger community involvement.

• Scalable Design: The adjustable structure ensures the program remains flexible and adaptable to the DAO’s evolving needs.

Expected Impact

This initiative is expected to significantly increase voter turnout and engagement in DAO proposals, creating a more dynamic and participatory governance environment.

Your vote on this proposal is crucial to building a stronger, more inclusive Landshare DAO. Let’s shape the future of our community together!