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Implement Optimistic Project Funding

inWish For Change
a year ago

Short description: Allow for users to nominate whitelisted projects with their DOT - this mechanism will be funded with a constant stream of DOT taken directly from inflation and distributed to projects based on the proportion of DOT that has nominated them.

Full proposal details can be found here on Google docs or the IPFS saved PDF here.

Telegram discussion group: @parachainstaking

Comments (3)

a year ago

I am not sure to understand the intention correctly. You mention that this could be a replacement for crowd-loans to gather project funding - yes. But how does it relate to treasury grants?
Getting a nomination-based % of inflation is not a very strong promise for grantees. I think in this case, it would still be better to have Treasury instalments, that pays out grants in chunks on a monthly basis. This still gives the Treasury the possibility to intervene on non-delivering projects.

Also what is the priority on this? Expected timeline? How important do the voters think this feature is on a scale 1/10?

a year ago

just for a begining, after diverses criteras of valuations to be determined by specialists seem necessary and suggest a temporality of try at verification all the year or by 6 or 3 month, but its optimitic and a good first step try.

And is a few amount of dot.

Because 4.96* 365 = 1810/YEARS 12.55 * 365 = 4580.75/YEARS so if estimate the minimum cost of Dot at 6 and 8 dollars in bear is correct because between 1810* 6 = 10860 dollars or 14480 * 8 and 4580.75 *6 = 27480 dollars and 36640 dollars * 8.

I do not take into account the future inflation effect about Agile Coretime update nor a non-sustainable effect accentuated by a bull market climax.

If stay thus, is the responsability of dev to convert if increase or decrease value of dot however. So manage yourself our budget.

Is not bad proposition.

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Proposal Passed

3

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Summary

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Aye

AyeNay

0%

Nay

Aye (78)0.0 DOT

Support0.0 DOT

Nay (9)0.0 DOT

Voting Data

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