Should We Revoke VP Delegation?

by 0x0c678c84cc5744f2a5b368ce2aeab3905624ff99 (BitcoinETF)

I believe the delegated VP's are being utilized inappropriately and for personal gains in many cases.

Delegated Vp's are causing harm to platform & treasury, resulting in ineffective decision making for bogus (fake - money grab) grants/projects to pass.

This ill mannered activity directly effects the DAO's treasury & platform itselft. Altough the DAO's treasury is on a fixed term budget spend per year, this doesn't mean we should be handing out FREE MONEY and receive nothing in return.

Revoking the VP delegation is by no means a complete solution but it is a great start. I've mentioned about this in my previous comments. However the feedback I, received from Esteban's delegated VP fam was an extremely unpleasant experience. Because for this group, taking away their 500,000 VP would mean they end up with almost nothing, some with even less than 100 VP. Which is basically nothing. Compared to 500,000 VP.

I am not saying they shouldn't have a voice but their voice should be reflected proportionally based upon the platform assets they own. Mana, Land, Select L1 skins etc.. In other words, if you want to have a stronger position in DAO why not show that by the platform assets you own? Show your support and become a Contributor or a Stakeholder so you can have more impact in decision making with your own money rather than someone else's.

This might now be an easy thing to swallow & can be very upsetting for many. Becuase going from 500,000 VP to 100 VP or less is a devastating outcome. In the grand sceheme of things I truly believe this is a must & it's a good start.

I am in the opinion for all Delegated VP's to be revoved not just the Esteban's Delegated VP's. Land VP & Mana VP included.

This brings the question for those who travel frequently or those who don't want to interact with their main accounts on the regualar basis. For this group I suggest a simple solution. Verified Linked Accounts. User has to verify they will be using an alternative adress or wallet & limit only one Verified Linked Account per user. We may also implement time based Verified Linked Accounts

I believe this is a great starting point

Please share your thoughts & opinions

• Yes
• No
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp