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closedEnded 3 years ago · Snapshot (Offchain)

PGM-33 : Allocating PAL to incentivize delegates

By 0x009d...7A9f07

TL-DR: Allocate 100,000 PAL to delegate incentives with the following formula: f(x) = sqrt(x^(1.27718))+641.607

Eligibility:

Minimum Participation Requirement: To remain eligible for delegate incentives, a delegate must maintain at least a 80% participation rate. Participation is measured as voting in any governance vote.

An obligation of transparency: the delegate’s position / goal over his tenure must be clearly explained when presenting his delegate initiative and each vote must be justified on his own delegate thread. The delegate must also respond to comments that concern him/her and communicate if he/she does not vote on a proposal by motivating his/her choice.

Minimum Delegation Threshold: To remain eligible for delegate incentives, a delegate must maintain at least 10,000 PAL from at least 2 stakeholders excluding themselves.

Registered member of the Paladin Association. Delegate roles are essential for Paladin. As the Association represents the general interest of the DAO in a trustworthy environment, it is necessary for Delegates to be a part of it. Delegates may apply for honorary membership in the Association under a pseudonym.

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0
Votes 15
VoterCast PowerVote & Rationale
0x009d...7A9f07
551,327

For this formula & criterias

dydymoon.sismo.eth
310,928

For this formula & criterias

0x9824...dEA969
292,500

For this formula & criterias

StableLab
100,000

For this formula & criterias

Starny
18,848

For this formula & criterias

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VOTE POWER
0
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Proposal Status
  • Mon May 22 2023, 11:52 amVoting Period Starts
  • Sat May 27 2023, 11:52 amEnd Voting Period
Current Results

1-For this formula & criterias

1.311M

99.48%

2-Abstain

6,837.585

0.52%
Quorum 1.318M/450,000
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