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Token Engineering CommonsToken Engineering Commonsby0x7d547666209755FB833f9B37EebEa38eBF513Abbjuankbell.eth

75% Governance giveback

Voting ended over 4 years agoSucceeded

This proposal is meant to signal the community support for the funding and implementation of a technical solution that will allow to make a 75% governance giveback to paid contributors who were deducted Impact Hours previous to the Hatch

The funding of this proposal will be used to support the Commons Swarm team to develop a technical solution and will cost 5,000 wxDAI that will be requested to Conviction Voting retroactively after the Commons Upgrade.

If this proposal is approved (more than 85% approval rate) the Commons Swarm team will start prototyping a solution to be implemented before the Commons Upgrade. The detailed implementation will be proposed to the Hatch DAO since this solution will involve minting of tokens and be attached to the bonding curve.

The goal of funding this development in the TEC is to effectively return some of the voice that was earned but taken away from core contributors, because of their monetary compensation.

More info on this forum thread! https://forum.tecommons.org/t/75-governance-giveback/569

Off-Chain Vote

Yes
881.12K 92.6%
No
70.72K 7.4%
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Timeline

Sep 24, 2021Proposal created
Sep 24, 2021Proposal vote started
Sep 28, 2021Proposal vote ended
Dec 17, 2024Proposal updated