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DecentralandDecentralandby0xBB7B59Afa3A0E5Be143b8fE9C641F00c1ecB9d690xBB7B…9d69

Revamp Delegation-Voting System

Voting ended about 2 years agoSucceeded

by 0x247e0896706bb09245549e476257a0a1129db418 (coalition)

SUMMARY

The proposal aims to rethink the DAO Delegation and Voting system to reward community engagement and increase accountability, representation. This could include introducing a dedicated, separate Delegates-Voters section on the governance website, establishing incentives and rewards and creating a structured framework for Delegates areas of responsibilities within Decentraland DAO.

MOTIVATION

Current delegation and voting system can be limited by lack of incentives, clear operating manuals and metrics for evaluation and visibility. Modifying the system will reward stakeholders, improve governance processes, and stimulate DAO participation.

POSSIBLE IMPLEMENTATION STEPS

  • Delegates Section: Create a separate comprehensive section on the governance website detailing Delegates/Voters profiles, areas of governance, contributions and other stats/metrics.

  • Incentives and Rewards: Introduce incentives for both Delegates/Voters and Delegators. Incentives could be vouchers for free NAMES registrations, wearables submissions or a percentage of DAO revenue or other.

  • Rating/Tier System: Implement a delegates/voters rating system based on contributions, activity, and community feedback, leveraging the DAO badges system.

  • Programs: Specify delegates/voters programs and governance areas, aligning delegates with DAO strategic direction.

  • COE Agreement: Require delegates to adhere to an existing code of ethics, with public declarations of agreement.

  • Stakeholder Representation: Clearly define the stakeholders each delegate represents, ensuring diverse community interests are addressed. (Content creators, LAND/NAME/ MANA holders etc)

  • KPIs and Stats: Develop comprehensive KPIs for delegates/voters to measure performance and impact within the DAO.

  • Evaluation and Feedback: Introduce a feedback mechanism for continuous assessment and community input on delegate performance.

  • Rotation and Term Limits: Implement term limits and rotation policies to encourage fresh perspectives and prevent power consolidation.

  • VP Pool: Establish a pool to distribute voting power to active and contributing delegates/voters, enhancing their governance impact.

  • Specializations: Categorize Delegates/Voters based on expertise areas.

  • Guidelines: Framework with scope of work fulfilled in a structured process with clear benchmarks, methodologies and rules.

  • Mission Requests: Enabling Delegates and Voters to propose specific missions-proposals aligned with the DAO's strategic objectives. This section could facilitate community-driven initiatives that support governance, financial, marketing efforts, and other key DAO areas of interest. Proposals should be actionable, with clear objectives and timelines, and must demonstrate how they contribute to the overarching goals of the DAO. A structured review process will assess proposals for alignment with strategic priorities, feasibility, and potential impact on the Decentraland and DAO.

VOTING OPTIONS

YES: Revamp Delegation-Voting System.

NO: Leave as it is.

This is a non-binding pre-proposal poll to assess community sentiment. If approved, feedback and insights will be solicited to refine and finalize the points.

  • 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

Off-Chain Vote

YES
3.04M VP73.4%
NO
1.31K VP0%
Invalid question/options
1.1M VP26.5%
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Timeline

Feb 26, 2024Proposal created
Feb 26, 2024Proposal vote started
Mar 02, 2024Proposal vote ended
Mar 02, 2024Proposal updated