JohnShao
JohnShao

John Shao

LikeCoin Governance Proposal | Voting Decision on Proposal #32

(edited)
Introducing the voting intention of motion #32

I will briefly explain the motion, put forward my own ideas, and finally clearly state my voting decision. If you have entrusted likecoin to me, but do not agree with my decision, you can leave a message and tell me your thoughts, or you can vote by yourself. You can ask me about the voting method, or you can read Daisy's teaching article. Appreciate the citizens of the Republic of Citizens AKA All Likers can now directly vote for governance proposals! . If you really strongly deny me, you can also drag the transfer to other verifiers.

If the content is unclear, you can ask me. It is also encouraged to look at the related works, the way of the likecoin governance proposal, and the thinking of liquid democracy.


#32 Dissolution of the Community Delegate Committee

Proposal : Proposal: Dismiss LikeCoin Community Delegation Committee

Introduction:

Note : The following introduction is a personal translation of the content of the proposal, and the relevant content is subject to the English version of the proposer. If you think my translation is wrong, please let me know. I will try my best to revise the article or put it in the top comment.

The bill calls for the dissolution of the Community Delegate Committee before the one-year term expires.

Proposal #20 appoints 7 community members to manage the community delegation, allowing conflicts and complaints between validators and committees.

99,998,439.450100018 LIKE is controlled by the committee, which is equivalent to 20% of the total commission. The decisions of the 7 members have a large impact on each validator. This leads to a different balance of power among the LikeCoin communities and violates the fundamentals of decentralization.

Because the LikeCoin community has not come up with an efficient algorithm to evaluate the contribution of each validator. I (the proposer) strongly suggest disbanding the committee and stopping validators from applying for community delegation for a while.

Once this motion to dissolve the committee is passed by the community, the committee should stop accepting any new delegation applications.

For example, if the bill passes by January 16, 2022, February 15, 2022 will be the last round of applications. Any application made after February 15 is considered invalid and cannot be processed by the committee.

In the last losing application, the committee can continue to process each application, based on their currently published rules to determine whether the application is approved.

After processing the last round of applications, the 7 committee members need to start to release the community delegation and transfer the relevant LIKEs back to the community fund. Because community delegation accounts for 20% of the total delegation, revoking the delegation at once will have a huge impact on every validator. So, I suggest taking 4 months to de-commit all the community step by step.

On the 15th of every month, 25% of the community delegation of each validator will be released. After 4 times, all delegations must be transferred back to the Community Fund to be used by future proposals.

For example, if February 15, 2022 is the last round to accept new applications, then on March 15, the committee must release 25% of each validator's community delegation. On June 15th, all community commissions will be transferred back to the community fund, and the committee will be officially lifted.

Notice:

Because unknown circumstances may occur in the process of dismissing the committee, this bill only provides a general way of dealing with it. The handling of relevant details can be decided by another proposal.

Q&A

Can there be a new community delegation mechanism?

If a delegation mechanism can be established to address the (current?) deficiencies, then create a new community delegation based on community discussions and suggestions.

But it is also possible to permanently terminate the community delegation.

Intention :

I found that I have been drafting this article for almost three days, and I have been writing and deleting, deleting and writing. I think the community has a consensus (right?), although the voting result may not necessarily be a consensus. I finally decided that it would be better to simply talk about it. If you have any questions, please leave a message and we will discuss it again.

As far as the content of the proposal is concerned, I think that the content of the proposal is more about how to solve the community entrusted committee. In this regard, I think it is worth discussing if it has been confirmed that it will be cancelled. But I don't agree with the dissolution of the committee, so these things are not discussed.

I have also applied for community commissions myself, and without its help, the 20% commission rate would have taken a long time to attract commissions. It really helped me a lot. And I personally feel that I have been commissioned by the community. In fact (mostly) it is easier to see them appear in the community (Matters, Liker.social, Discord). I personally think that if it is purely for making money, other projects are much faster and time is precious, but Matters and LikeCoin spend their time in practicing ideas and values, rather than simply creating prices. Well, that's a bit too far.

I can't agree to deny community mandates and committees just for the sake of some of the unknowns and possibilities. And, personally, I don't think there's any chance of the committee's contribution to the community being denied. Sometimes I feel like they spend more time in the community and know a lot more than I do. It is difficult for the community to decide how to give or not to give a commission. It is difficult to reach a consensus at the beginning. It is far better to promote it in the way of a committee than to propose a proposal all the time. It can also strike a balance between decentralization and efficiency. Decentralization is not a panacea. It is not that everything is perfect when it is decentralised, and the problem is solved automatically.

In terms of scientific numbers and theories alone, almost anything has a chance, and if it is to be perfect, things will never move forward one day. If you have any questions, you can ask them to talk slowly one by one. The real discussion is not just to put forward your own requirements, and others must follow up. Everyone will have requirements and opinions. If you want to communicate effectively, I feel that you must first find out the consensus part, and then it is possible for the discussion to have a result. Otherwise, just keep talking. I think it's better to talk slowly, and all kinds of discussions on Discord are open, too aggressive may not always attract attention.

Decision : No


I'm John Shao, thank you for being here. If you want to know more about me and want to support me, please see this article !

CC BY-NC-ND 2.0

Like my work?
Don't forget to support or like, so I know you are with me..

was the first to support this article
Loading...
Loading...

Comment