I don’t think the “Numbers” are issue here.
I feel we should be more concerned about what measures will be put in place to ensure a DAO voting system is equal and fair to all users of Incognito irrespective of the amount of PRV they hold.
I’d like to see both small and large holders (whales) of PRV placed on an equal footing when it comes to:
A) Submitting proposals
B) Being able to win proposals
I am not a expert on voting systems, but I certainly hope there a folks on the Incognito Core Team that are talking about DAO voting system with other decentralised projects who are specialists in this area.
There is no point having only BIG whales able to submit proposals and then BIG whales being able to put up the 500K PRV to win deals.
Once the small PRV holders witness BIG whales always proposing and always winning, they just won’t bother participating in DAO vote. Then we will see centralisation via BIG whales take place.
Can the Incognito team please share how they plan to address the “BIG Whale” domination issue when it come to DAO proposals and voting?
Hey @Jayce_Nguyen @maisie @duc @2411,
May I suggest you host a Zoom call and share your ideas for a DAO voting system and the rules etc. and let’s have a group discussion.
Alternatively, another way to gather feedback would be to hold 1:1 calls with members in the community, compile their ideas & feedback then hold a community call to share. Then we can have a productive discussion.