Code Farmer Daily - "Proposal 23" Apart from complaining about the decrease in LikeCoin revenue, there are still things you can do

Recently, LikeCoin has skyrocketed, and its currency price has suddenly soared from 1:0.5TWD to nearly 1:1, and even once reached 1:1.2 TWD, which is more valuable than TWD

Just when everyone thanked LikeCoin, praised LikeCoin , and prepared to tell your neighbors, three aunts, six grandmothers, relatives, friends, and ancestors of the eighteenth generation, by the way, I told my mother at home that I was on TV.

At the end of October, LikeCoin's FB fans suddenly sent a notification letter, as follows

Yes, it was so sudden, so surprising, as if someone suddenly appeared behind you and yelled at you

Hey! Mother Fxxker~
Then slap you in the face with a shaving foam, what a surprise, what a surprise

Then there are all kinds of complaints and all kinds of income comparisons springing up. "Even if the income drops, your writing enthusiasm will not die!" "How to adjust the writing mood?" "Why the platform is disappointing" and other related articles continue to appease everyone's emotions---I'll clarify here, I don't I don't hate articles like this, but the main point I want to talk about today is :

Proposal 23: Endorse a committee to manage the Creator's Fund
Motion 23: Approval of the establishment of a group to manage the Community Creation Fund

I was fortunate enough to be the proposer of this proposal under the entrustment of@黄牛山人, and in addition to the verifier, I am also a member of this review team. For me, it is considered a great responsibility, and at the same time, I must take good care of myself. Write down this proposal so that everyone can understand it clearly.

outline

 1. Establishment background 2. Proposal purpose 3. Proposal content 4. Personnel composition and selection criteria 5. Proposal process 6. Amma's thoughts

founding background

When it comes to money, everyone is the establishment (laughs)

A creation pool fund was lowered, and as soon as the news came out, the entire platform was in a frenzy; those who clamored for quitting did not write, and the income decreased as if they were dying. People kept protesting the unfairness of the platform, how can it be so "centralized" If you say it will drop it?? What about the good motion? Voting? Where??

In fact, we feel the same way.

Although I know that LikeCoin's decision-making does not need to ask you, after all, LikeCoin didn't ask for your valuable opinion when it was founded, but this change is still a cause of public resentment.

ps. This is like the feeling that Taiwan is calling for rising prices. It will always only go up, and there will never be a day when prices will drop...
So these days LikeCoin has dropped below one block again, and 484 has to be adjusted back? (laughs)

In addition, in fact, you are not the first to question the issue of LikeCoin distribution black box; this article as early as 2020
-> Defects of LikeCoin (1): black box of clap data
has raised this issue

Then I said it all, since this has been arguing for so long, why do you talk about it now?

No, after the long-term efforts of our caller @黄牛山人, we are about to gradually open up this black box issue. We will organize a group of committees to dynamically adjust the amount of the creation pool according to the current currency price or various factors. And the members of the committee will tell you the current situation of the creative pool.

Purpose of the motion

The focus of this proposal is to apply for " please approve us to form a committee " with LikeCoin itself. The purpose of the committee has been mentioned in the previous paragraph. The goal is to enable the approval of this creation pool to be managed in a decentralized manner.

Therefore, if you " agree " to this proposal today, the result will be "the establishment of the community creation pool fund approval committee "; and if you " disagree ", it will be " maintain the status quo ", in fact, nothing special

Therefore, for the creators; the biggest beneficiaries of this motion are the vast number of text writers . At least in the future, if you have any doubts about the number of hands and the amount of LikeCoin you get, you will not only get canned information when you contact LikeCoin, but you can ask our committee members for advice first , and then adjust your creative direction to get more information. High creative cp value

Even, our committee members can also ask the community or LikeCoin questions on your behalf, reducing the psychological burden of asking questions

Contents of the motion

For more details, please refer to the full text of the proposal: https://stake.like.co/proposals/23

original:

 Abstract
I propose to further decentralize the management of Creators Fund, by endorsing a group of community members to be the "Creators Fund management committee", and apply for 2 million LIKE from the Community Pool as the first 6-month budget.
Full proposal

Background
"Creators Fund" is a budget from LikeCoin Ecosystem Pool. Liker Land team has been managing the fund in the past years, based on the principle of matching with the sum of Civic Liker's donation. The aim of the fund is rewarding creativity via LikeCoin button
As stated in proposal #22. the Ecosystem Pool has now been transferred to the Community Pool in order to further decentralize the governance mechanism. The Creators Fund, which was a part of Ecosystem Pool, should also be governed in the same way.

Proposal
I propose to further decentralize the management of Creators Fund, by endorsing a group of community members to be the "Creators Fund management committee" for 1 year, and apply for 2 million LIKE from the Community Pool as the first 6-month budget.
Initial 7 committee members (Discord ID): edmondyu#9629, NoahLiu#9391, KenOokamiHoro#7356, Daisy#1990, leafwind#4213, anniezhang#0934, mashbean#5293. New committee member in the future, if any, must be endorsed my passing chain proposal.

Suggested duties of the committee include but not limited to:

- Review the monthly budget regularly
- Review the algorithm of fund distribution, outsource the implementation or execute by the committee itself.
- Manage the wallet of the fund
https://ipfs.io/ipfs/QmPq8rRjTxViTHq7BXEKp5EnnDi8nsFbmExXC637Xk6qJM/

Proposal writer: @黄牛山人( edmondyu#9629)
Proposer of the motion: @Code Farmer's daily affairs-li( NoahLiu#9391)

What did you write? (Help the English-impaired...Ex. I)

It doesn’t matter if the abstract is related to the background. Basically, it is to tell the community that “We want to propose a plan to make the community more decentralized, and apply for 2 million LikeCoins for the operation of the committee in the first half of the year” and so on. topic of

Referring to the current members again, the candidates for the first term of the members are expected to be appointed for one year , and can resign and replace them in the middle. The current founding members are @ 黄牛山人@Code Farmer's Daily Big Things-Li @Horo @Daisy@leafwind @bean puree @张杰平more than 7 people

The last part is the part related to the work. The responsibilities of the committee include but are not limited to (vernacular: the following work is currently available, but the work will be adjusted according to the actual situation)

• Regularly review monthly budget
• Review of funding allocation algorithms, outsourced implementation or self-execution by committees
• wallet for managing funds

Among them, we have two concerns:

1. shock! Algorithm to be announced?
2. Manage wallets?

Here I will answer in my personal capacity ... I think the algorithm will probably not be announced, and even if LikeCoin will actually hand over the algorithm, I am very curious.

But I think that we can know LikeCoin's financial report and determine the number of fund pools from it ; this is already a very big improvement

You know, although LikeCoin's financial report is announced in the LikeCoin white paper , it is a promise that has not been fully fulfilled ( do you think no one has questioned?

see details
-> LikeCoin Foundation Financial Report & [Record] Questions about the LikeCoin Foundation financial report, and replies received

The wallet management part is basically the same as your Keplr wallet for some relatively large fund allocations in the entire LikeCoin. It is composed of private keys (mnemonics), and this committee "may" go to Ask them for this wallet management... Or maybe we just provide a quota for them to operate. I guess, this part has not discussed a very practical and specific plan.

So I go straight to my conclusion:

 For the three tasks mentioned in the proposal, I think the only feasible implementation is to regularly review the monthly budget (and formulate the number of fund pools?) This is completely feasible, the other two algorithms and the management of wallets I think it is relatively infeasible, the technical difficulty is too high, and it is not suitable for the participation of the whole people. Furthermore, I actually do not want the algorithm to be published, because if it is published, we will have the best formula to follow; maybe I or a cat Or some validators have a conscience and won't use this to do bad things, but I can't guarantee people other than us

However, despite what I said, I still agree with the passage of this motion, because although the fund allocation algorithm and the management of bonus distribution wallets may not be easy to implement, they will depend on objective factors such as currency prices, market conditions, and inflation rates. I think it is feasible to dynamically adjust the bonus pool, and its significance will allow all creators to obtain equal income regardless of whether the currency price rises or falls sharply, ensuring that everyone who writes articles can get the income they deserve.

That is to say, assuming that LikeCoin rises by 100% this week, you will not suddenly become very valuable just because he posts a big rise; nor will your article be published directly because he falls by 100%. This fund In the long run, for all creators, it is a way to ensure that your output continues to obtain stable income.

Personnel composition and selection criteria

Come again, you ask me how the above 7 people came out? Then you can take a look at the discussion thread that @JohnShao helped put together on Discord
-> Click here to see the discussion dialogue (pull down to see Chinese)

Therefore, the current 7 people are generated by the method of " raise your hand to sign up " on the Discord discussion thread, not by the method of " so-and-so recommends a so-and-so confidant ". In principle, it can be regarded as a random number. Totally unpredictable who will join

@Artlikers put forward an opinion on this part, you can refer to his article
-> some of my comments on proposal #23

He mentioned an important point: " But setting up a committee does not mean decentralization. If the process is not democratic and the system is not clear, it can just move power from one center to another. "

For now, in fact, I do think that maybe... it can be a little more "decentralized"; how about more "decentralization"? That is the future members. My vision is to get from Matters writers, especially those who are often popular in Matters. I really hope that they can one day work together on these things; when an incident occurs, it is not only to appeal but to be able to participate and understand the difficulties, and then provide insights and actions to make the community better

Therefore @Artlikers is talking about one direction, and we must be vigilant not to go to a totalitarian center when it is established; but from another perspective, to spread out the things of one center and become multiple small centers, this is not decentralization. Do you change... (Huh? Ama, you are making me so messed up QQ)

Whoops, anyway. At present, the above seven people are responsible for the initial responsibilities. I "may" release the places after the stabilization. At that time, I hope that someone can participate in this work.

When you encounter anything, in addition to showing affection, you can consider rolling up your sleeves and making some changes

motion process

In fact, I have been thinking about this article since Monday (sigh and then I kept writing slowly, until today I really sent it out...

At present, the progress of this proposal has reached the " voting " stage; in fact, it has been in the " pledge " stage, that is, the "secondary" stage. The motion will be withdrawn, and those who have previously pledged will lose everything

Originally, I wanted to use this article to urge votes in the community to see how many people in the wider community are willing to participate. This is obviously a proposal that benefits the creator, but later @Nicholas made up the amount in one go XD

One side thanked him, and the other side also felt that it was a pity that this little experiment did not succeed (sigh

OK, no matter, you can’t re-tick the hemp after it has passed anyway, so now is the stage of “ voting ”. Note that as long as you have pledged to any validator, it will be regarded as a validator to help you vote; but now you can also Vote yourself! You can also vote with Liker Land! How to vote please refer to this article

-> Appreciate Citizens Republic Nationals AKA All Likers can now directly vote for governance proposals!

I sincerely hope that although this proposal will probably pass 100%, I still hope that everyone will vote for a sense of meaning. why? the reason is simple:

Is it about your earnings? Have you read the article and still haven't voted?

Next time I propose a " In order to ensure the long-term operation of the LikeCoin Foundation, I propose to reduce the number of times the LikeCoin Button can be pressed, from 5 to 3 "

If you haven't voted by then, and then you're crying after the case is completed

Ama's broken thoughts

In fact, I want to talk about diss in the article. Since I took office as a validator, this is one of the few times I have tried my best to explain the proposal. I hope everyone can see it clearly.

Because most of the previous proposals were for technical or governance proposals ; there are not many proposals like this that affect creators.

But Ama's position is very simple. As a magician who specializes in explaining difficult techniques, it is Ama Dang who explains to "Muggles (adjective, not derogatory)" what happened to LikeCoin and strives for the greatest welfare for creators. From the standpoint of the validator , most of my delegations come from the creators, and there are few single and huge delegations.

So this is one of the very few motions that I ask you to vote for. It doesn't matter if you don't vote for others, because you may not understand it, but as I said

Is it about your earnings? Have you read the article and still haven't voted?

So what to do? Now you know!

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