I would like to propose the implementation of a bounty/reward system for our forum. This initiative aims to encourage active participation and high-quality contributions from our community members.
Here are some examples of the types of bounties that could be available:
- Proposal Selection: If a member’s proposal is selected for voting, they will receive 1000 $CLOUD.
- Proposal Approval: If a proposal passes the voting stage, the proposer will earn an additional 1000 $CLOUD.
- Constructive Comments: Members who provide constructive comments during the discussion phase that significantly reshape the proposal will be rewarded with 200 $CLOUD.
These are just a few ideas to start with, and we can certainly explore additional reward categories.
It’s important to note that the amounts of $CLOUD allocated are not excessively high. This system will operate on a monthly basis, ensuring that the overall $CLOUD allocation remains manageable and, in my opinion, worth the investment.
In conclusion, this bounty system is designed to incentivize active engagement and quality contributions within our forum. By rewarding members for their valuable input, we can foster a more dynamic and collaborative environment, ultimately leading to better outcomes for our community.
Exemple with Cloud-000
Eggpanned would receive 1000 cloud because his proposal was selected.
But this was the pfp he has chosen in his proposal
And a community member proposed another one, that was later selected for the proposal.
So cwchan would receive 200 cloud.
None of the other 113 comments get clouds.
And because the vote passed, Eggpanned would receive another 1000 cloud.
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As we have seen with similar reward structures for participation, they do garner some participation, but then always trail off because it is not sustainable to the DAO. The financial benefit in the long run is rarely equal of better for the DAO in that sort of system.
In feel thst meaningful and sutainable participation only occurs if the stakeholders feel their participation will have some effect on the decisions made, and self interest. Self-interest specifically being that they will benefit (usually financial) from the outcome of their participation. For example, look at the recent vote on Solana, peoples financial benefits were directly influenced by discussions and the final decision to vote, yes, no, or abstain.
I dont believe incentivizing participation and voting is a good long term strategy to encourage Community Engagement. If it is part of a larger plan, then it might be effective.
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Quality (earnest) participation shouldn’t be gamed in this environment. I wouldn’t recommend this, beyond the current stats and badges system already in place.
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Thanks for sharing your opinion.
I just think that some people might have great idea but are thinking “someone else will think about it too,or someone will say it”
But if you give a small something people will be more likely to post themselves.
You won’t get anything for participating. You will only get something if you are relevant.
It will be max 3000 $CLOUD every months. Which is small if it gets us quality discussion/ideas.
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It is not gamed but rewarding. Not everyone posting something will get $Cloud.
I just don’t want the same 5 people to take decisions.
People have their lives and I can understand them that some need carrots to be active in the forum.
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But we all know that any rewards can and will be gamed by the greedy. We don’t want to provide unnecessary entry points for roaches to enter.
I personally think that the carrot is the opportunity to be a part of something big and beautiful. There are also other non-monitary benefits for being active here. (I really do love the badges I’ve acheived.
)
I understand that we all like rewards, but that shouldn’t be used as a key motivator in forum discussions, imo. There are many other ways to reward the earnest community/DAO.
If the “same 5 people” are the ones who care to shape the protocol’s future, then so be it.
(hoping it’s not though)
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How can it be gamed? Can you develop?
- Proposal Selection: If a member’s proposal is selected for voting, they will receive 1000 $CLOUD.
Selected for Futarchy vote means the team has approved it.
- Proposal Approval: If a proposal passes the voting stage, the proposer will earn an additional 1000 $CLOUD.
If passes it means the whole community approved it
- Constructive Comments: Members who provide constructive comments during the discussion phase that significantly reshape the proposal will be rewarded with 200 $CLOUD.
The comment that is changes the initial proposal have to be accepted by the team and most of the community/badge holders.
Plus we are not talking million of tokens.
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@n8tr0n @amensch
I have added an exemple to the proposal, please have a look.
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Easy to game bro. If you can’t think of a way, they will.
I see your example and completely underdtand the model. I just don’t agree with monetary rewards in proposal writing.
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I believe the rewards are monetary, because if we own $Cloud and we make the right decisions for DAO, then our investments will appreciate.
Thats why we would try our best to provide quality ideas for the DAO
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Agree. But too many are passively waiting for asr because there is no reason to scratch your head on a good proposal because most people are thinking others will do this part.
To have interesting discussion about a proposal, we need people to participate in that discussion.
This proposal would encourage people to take part of the dao themselves.
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I think participation without reward builds a better more honest community.
If someone has something interesting to say others will give their opinions.
Look how the community was split by the first pro earnest Airdrop.
If being earnest is staking and voting why change the rules , if you have an opinion state it , if its good enough it will get to be voted on .
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