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closedEnded 4 years ago ยท Snapshot (Offchain)

BIP-04: 80% Cull of Voting Pool [Alt. to BIP-03]

By 0xA6e7...F73ceC

There is wide consensus in the community to cull Bottoโ€™s fragment pool to improve the voting experience and results. A previous proposal, BIP-03, targeted a 95% cull of fragments older than 3 weeks but failed to pass the vote.

BIP-04 is an alternative formulation that discussion shows has full consensus.It reduces the cull size to 80% while also removing the 3 week protection for new fragments.

The Initial Cull

  • At the end of Round 22, remove all fragments from the pool that have a True Score in the bottom 80%.
  • New Fragment Pool Size = .2(349 x 22) = 1,535 Fragments [BIP-03 was 1,361]

Ongoing Cull

  • At the end of each voting period, remove the 349 fragments with the lowest True Score from the voting pool. There is no 3-week protection. - With the weekly mint removing another fragment from the pool, this will keep the voting pool size steady at 1,535 fragments.
  • To better enable this strategy this will also entail reducing the required views to determine True Score from 100 to 50 [Same as in BIP-03]

Click here for full details and discussion.


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Connect Wallet to Add Note
0
Votes 44
VoterCast PowerVote & Rationale
0x828B...A70c22
1.024M

Yes

0xc35A...220b37
167,143

Yes

0x9F7D...cb4496
131,751

Yes

0x7535...9AA14c
125,296

Yes

0x44eC...551b48
100,011

Yes

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Mon March 14 2022, 07:25 pmVoting Period Starts
  • Thu March 17 2022, 07:25 pmEnd Voting Period
Current Results

1-Yes

1.932M

99.98%

2-No

349.268

0.02%
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