Unfortunately I feel like we see a lot of players

Question

Unfortunately I feel like we see a lot of players

writing here about how they want to see changes, but we do not see detailed proposals of how to change it. I would assume that it is unlikely that Dacoco will implement a complex second DAO system or overhaul the current system completely. However...

... I think that the community could work together with the DAOs to ask Dacoco for small changes, which would enable us to build a DAO that will be rules by the miners. Just to get a discussion about this started, here is the idea I posted in Discord a while ago:

The Miners DAO
What if players could choose to only receive their TLM from mining after 90 days instead of instantly? And this TLM would be the votepower they posses in this new Miner DAO?

- Give smaller players a bigger voice? Sure. This is where miners can shine.
- Multi accounting? Would unfortunately still be a problem in this system.
- Exclude Bots? Well, bots really fear getting flagged. So I guess they don't want to lock up their funds for 90 days and fear that they cannot claim it at the end.
- Does it achieve Dacocos goal of locking up more TLM? Sure. TLM gets locked up for a time period and it uses NFTs through mining.

This would not even have to replace the current system. It could be a new DAO within this system. This way there is something for the big stakers, like it is right now as well as for the miners.

Steps that would have to be taken by the community
1. Write a detailed whitepaper that describes all the ins-and outs as well as technical side of how this DAO would work
2. Ask ALL the DAOs to pass this proposal as a way to inform Dacoco about what exactly we would need to make this a reality. This is described in points 3 & 4.
3. Redirect 1.4% of the daily Trilium allocation to the new DAO, which would put it in roughly the same spot as the other DAOs average funding.
4. Give players a way to opt-in to not receive their mined Trilium as claimable mining rewards, but instead send them to a community-created Smart Contract that will host the DAO, where funds are locked for 90 days as votepower.
5. Community builds the DAO on the Smart Contract side as well as a UI

Obviously this is just an example for how it could be. I just don't think its realistic of us to expect Dacoco to build out a completely new DAO system, while they are still working on other things on their roadmap like the Thunderdome.

#alienworlds #cryptocurrency #english

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26.10.2023

2 ответов

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MightyMinion - Will Work For Draxos Axe(s) 🤣

Geet Sehgal
I really like the miners DAO suggestion.

but i would love to fix the existing DAOs first.... But i get it, the people already holding power through those, does not want these changes... 🤣 Creating a new DAO solves none of the issues that the community have with the current system, and the way the custodians are running it... add to that the history of shady business.. ( some still goes on as we speak ), it's clear that the current system and constellations in some cases have failed... and should not continue as is.. But nice to see shrimp putting in the effort to respond in a constructive way...

0

26.10.2023

Geet Sehgal · Accepted Answer

Geet Sehgal

I really like the miners DAO suggestion.

0

26.10.2023

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Unfortunately I feel like we see a lot of players

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