SIP-9 Change to Monthly Leaderboards

Voting ended over 2 years agoSucceeded

This proposal considers moving away from 3 week leaderboard timings and instead having monthly leaderboards, back to back, with no cooldown period in between.

Original forum post: https://discord.com/channels/1087517906709000342/1154092101454278737

Link to a PDF copy of the proposal on IPFS: https://pin.ski/3PRKCpJ

CID: QmfNZyXT8m2kurshpEjAXDvNFNFffwrRvsA4W44Y87YELn

Summary Amend existing economic parameter of 2 week leaderboards (with 1 week cooldown) to monthly leaderboards ending on the last day of each month and restarting on the first weekday of each month. No cooldown period.

Author

k3nto

Sponsorship

tabby7227 nftsorbust

Proposal Type

Economic proposal

Community Incentive & Rationale

Simple and clean: Easier for community of ideators and builders to plan, develop, and submit ideas
24x7 voting: Continuous engagement opportunities on the Slingshot application because there’s no unnecessary “cooldown” period
Push for Quality: Longer lead time for ideators to create and submit high quality ideas

Risks

Fewer ideas and publications on an annual basis

Key Terms

Round: This parameter governs the duration of an active epoch within the Slingshot app across all leaderboards.
Cooldown: This parameter governs the duration in-between each epoch (”cooldown”) within the Slingshot app across all leaderboards.

Specifications

Action

Amend existing economic parameter of leaderboard timing and cadence.

Summary

Amend existing economic parameter of 2 week leaderboards (with 1 week cooldown) to monthly leaderboards ending on the last day of each month and restarting on the first weekday of each month. No cooldown period.

Framework item number

[9.3.2] Current Economic Parameter Registry

Parent item number

[9.3] Economic Parameter Registry

Current Parameters

9.3.2.CEPR.9 Description: This parameter governs the duration of an active epoch within the Slingshot app across all leaderboards. Parameter: 14 days Delegated: No
9.3.2.CEPR.10 Description: This parameter governs the duration in-between each epoch (”cooldown”) within the Slingshot app across all leaderboards. Parameter: 7 days Delegated: No

Proposed Parameters

9.3.2.CEPR.9 Description: This parameter governs the duration of an active epoch within the Slingshot app across all leaderboards. Parameter: First weekday of the month to the end of the month (any day) Delegated: No
9.3.2.CEPR.10 Description: This parameter governs the duration in-between each epoch (”cooldown”) within the Slingshot app across all leaderboards. Parameter: 0 days - Leaderboard rounds run back-to-back Delegated: No

Off-Chain Vote

For

2.94M veSLING100%

Against

0 veSLING0%

Quorum:447%

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Timeline

Sep 25, 2023Proposal created

Sep 25, 2023Proposal vote started

Sep 30, 2023Proposal vote ended

Oct 26, 2023Proposal updated

Community Incentive & Rationale

Simple and clean: Easier for community of ideators and builders to plan, develop, and submit ideas

24x7 voting: Continuous engagement opportunities on the Slingshot application because there’s no unnecessary “cooldown” period

Push for Quality: Longer lead time for ideators to create and submit high quality ideas

Current Parameters

9.3.2.CEPR.9 Description: This parameter governs the duration of an active epoch within the Slingshot app across all leaderboards. Parameter: 14 days Delegated: No

9.3.2.CEPR.10 Description: This parameter governs the duration in-between each epoch (”cooldown”) within the Slingshot app across all leaderboards. Parameter: 7 days Delegated: No

Proposed Parameters

9.3.2.CEPR.9 Description: This parameter governs the duration of an active epoch within the Slingshot app across all leaderboards. Parameter: First weekday of the month to the end of the month (any day) Delegated: No

9.3.2.CEPR.10 Description: This parameter governs the duration in-between each epoch (”cooldown”) within the Slingshot app across all leaderboards. Parameter: 0 days - Leaderboard rounds run back-to-back Delegated: No