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OpenGov
View All Big Spender
Requested:100K DOT
Rejected

Untitled Post

inBig Spender
2 years ago
BeneficiaryBeneficiary:

(100K DOT)

This is a ReferendumV2 post. It can only be edited by the proposer of the post .

Comments (5)

2 years ago

This is starting to be ridiculous... One man show aka Open Giotto....
We really gonna let this unethical whale control whole Polkadot eco ? Someone who was never been seen in last 3 years comes with his bags and tell us whats right or wrong :)

Screenshot_1.png
When he says "I wanna tip him" he means to take out from the trasury and tip ofc he does not mean he will spend his own bags to provide the tip.

Slashing his account now seems as realistic option.

2 years ago

@jonas @giottodf

the assumption that among many factors, one reason for low participation in opengov is that many token holders either don’t know how to vote or have their DOTs in CEXs that prevent voting. Now, the question is how we can engage these people. The goal is to incentivize them to join, and then encourage them to stay.

Large accounts don't vote because of apathy, opportunity cost (better things to do) and importantly legal jeopardy - a subject people rarely seem to discuss or even have basic awareness of.

I have mentioned this many times before... and have discussed with W3F lawyers.

I also mentioned recently to Giotto who seems unconcerned about the potential issues that lie down the road due to the Polkadot/Kusama treasuries existing as unincorporated associations - leaving holders, large voters and proposers vulnerable in the absence of a legal wrapper.

It seems fairly inevitable we will see DAO lawsuits proliferate in 2024/5.

  • See AragonDAO votes to bring legal action against founders.
  • Legal status of Kusama/Polkadot DAOs.
  • That'll Be The DAO - legal status of DAOs
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Confirmation Period

3

of 3

Decision Period

28 / 28 days

Confirmation Period

0 / 7 days

Summary

0%

Aye

AyeNay

0%

Nay

Aye (94)0.0 DOT

Support0.0 DOT

Nay (298)0.0 DOT

Voting Data

Approval%

Support%

Threshold0.00%

Threshold0.00%

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