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closedEnded 2 years ago · Snapshot (Offchain)

BIP-54: Introducing Baseline VP

By 0x9e67...671F12

Summary

This BIP aims to simplify the onboarding process for new users by providing all accounts with a baseline of 100 Voting Points (VP) per round, provided they log in during the round.

  • Objective: To reduce friction in the onboarding experience, encourage a more decentralized voting user base, and activate participation from web2 native crowds.
  • Strategic Benefits: Streamline user onboarding, unify user experience in one app, and promote mindful curation.

Specifications

There are three options proposed in this BIP:

1. Uncapped & Unsubsidized

All accounts receive 100VP per round without external subsidies. Simple implementation, but inflationary and potentially dilutive to VP value.

2. DAO Subsidized

100VP per round per account, subsidized by the DAO’s LP position. Scales up to 34,428 users, utilizing DAO resources.

3. No Change

Maintain the current system without VP subsidization. Requires a separate onboarding flow for new users without tokens or access passes.


The above three options are presented with a ranked choice voting, where governors order their preferred options. If no option receives at least 50% initially, the bottom choice is eliminated and those votes are shifted to the governors’ second choice. This continues until an option has >50%.

Please refer to the BIP-54 forum post for full details and discussion.

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Connect Wallet to Add Note
0
Votes 23
VoterCast PowerVote & Rationale
0xA152...A62917
631,699

(1st) DAO Subsidized, (2nd) Uncapped & Unsubsidized, (3rd) No Change

0x2Fb5...1Af6DE
182,550

(1st) DAO Subsidized, (2nd) Uncapped & Unsubsidized, (3rd) No Change

0x1e39...4882d4
43,136

(1st) DAO Subsidized, (2nd) No Change, (3rd) Uncapped & Unsubsidized

0x0374...eFA1A7
40,000

(1st) DAO Subsidized, (2nd) No Change, (3rd) Uncapped & Unsubsidized

0xBEEA...50C95e
34,763

(1st) DAO Subsidized, (2nd) Uncapped & Unsubsidized, (3rd) No Change

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Thu July 04 2024, 02:00 pmVoting Period Starts
  • Sun July 07 2024, 02:00 pmEnd Voting Period
Current Results

1-DAO Subsidized

1.068M

98.96%

2-No Change

6,483.053

0.6%

3-Uncapped & Unsubsidized

4,793.75

0.44%
Quorum 1.079M/500,000
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