Pre-Proposal - Dash Governance by Community

yidakee

yidakee

Well-known member
Foundation Member
Dash Governance by Community - DGbC

The idea sparked into my mind the other day, following some forum discussions and some official Slack discussions.

I personally hate seeing funds go to waste each month, in a sense that they’re there, ready and available, yet don’t get used because all the proposals don’t add up to the exact available amount.

Some out-voted proposals exceed the available total, or others get down-voted, so they’re not funded. This leaves a gap each month where funds are not produced, nor burned. In essence, they’re useless.

My idea would be a month-to-month proposal that attempts to “fish” these remaining funds and allocate them to further the development of Dash. They would be held and managed by the community.

The workflow would mimic that of DGbB. Anyone in the community can propose a project, and put it up to vote.

If the vote is passed, the requested funds are sent, and the project monitored by the community.
It would necessarily need to be a month by month only thing, as the amount is completely unpredictable.

If the vote(s) do not pass or there are funds left overs, these roll over to the next month.

Don’t want to get too ahead of myself, this is not a formal presentation, but a feeler pre-proposal/discussion thread.

How do you feel about this so far? Ask me hard questions.

Brainstorm Addendum:

- If this were to to happen and fail, the 'fished' funds can be either burnt, donated to the Foudation, or any other end, voted on formally by Masternode from a formal proposal to the DGbB.
- Funds held in a multisig address by veteran team&community members
- no project can exceed 33% of total fund, and after 3 funding rounds all remaining funds are liquidated or burnt to prevent fund build-up / greed down-vote / risk exposure.


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yidakee said:
Dash Governance by Community - DGbC

The idea sparked into my mind the other day, following some forum discussions and some official Slack discussions.

I personally hate seeing funds go to waste each month, in a sense that they’re there, ready and available, yet don’t get used because all the proposals don’t add up to the exact available amount.

Some out-voted proposals exceed the available total, or others get down-voted, so they’re not funded. This leaves a gap each month where funds are not produced, nor burned. In essence, they’re useless.

My idea would be a month-to-month proposal that attempts to “fish” these remaining funds and allocate them to further the development of Dash. They would be held and managed by the community.

The workflow would mimic that of DGbB. Anyone in the community can propose a project, and put it up to vote.

If the vote is passed, the requested funds are sent, and the project monitored by the community.
It would necessarily need to be a month by month only thing, as the amount is completely unpredictable.

If the vote(s) do not pass or there are funds left overs, these roll over to the next month.

Don’t want to get too ahead of myself, this is not a formal presentation, but a feeler pre-proposal/discussion thread.

How do you feel about this so far? Ask me hard questions.

.
Click to expand...

IS THIS WHAT YOU THINK THE DGBB IS FOR?

;]
 
yidakee said:
If there are funds left overs, these roll over to the next month.
Click to expand...

I agree with that, and I wonder why this is still not implemented.
I though it was obvious that leftover budget funds should roll to the next month, and I am surprised when I discovered that this is not happening.

yidakee said:
I personally hate seeing funds go to waste each month, in a sense that they’re there, ready and available, yet don’t get used because all the proposals don’t add up to the exact available amount.
Click to expand...

Where are they, those funds? how many are they? Can you point to a link, can you show those leftover funds to us?
 
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TheDashGuy said:
The DGBB I would hope.... power and/or privileges like these usually equates to corruption.
Click to expand...

In the current framework though it couldn't be the DGBB, it would have to be whoever controls the payout address. Unless we're talking about changing the protocol itself to allow for rollover
 
demo said:
I agree with that, and I wonder why this is still not implemented.
I though it was obvious that leftover budget funds should roll to the next month, and I am surprised when I discovered that this is not happening.
Where are they, those funds? how many are they? Can you point to a link, can you show those leftover funds to us?
Click to expand...

This is cross posting from your other thread. You've still not understood how GGbB works, so I kindly ask you to let those who do understand how Dash's governance models work to debate.
There are no leftover funds to point to. There are monthly un-allocated funds however.

TroyDASH said:
In the current framework though it couldn't be the DGBB, it would have to be whoever controls the payout address. Unless we're talking about changing the protocol itself to allow for rollover
Click to expand...

This would not be at a protocol level. I'm talking about submitting a proposal each month, near the end of the vote cycle, to try and 'grab' the leftover funds so that we can allocate them to something useful. IMHO it would be great to implement this at a protocol level no doubt. Right now it would have to be a month-by-month thing.

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yidakee said:
This is cross posting from your other thread. You've still not understood how GGbB works, so I kindly ask you to let those who do understand how Dash's governance models work to debate.
There are no leftover funds to point to. There are monthly un-allocated funds however.



This would not be at a protocol level. I'm talking about submitting a proposal each month, near the end of the vote cycle, to try and 'grab' the leftover funds so that we can allocate them to something useful. IMHO it would be great to implement this at a protocol level no doubt. Right now it would have to be a month-by-month thing.

.
Click to expand...

How do you expect to manage/ let someone manage that budget proposal?
 
yidakee said:
2 of 3, or 3 of 5 multisig address by veteran team members&community members

Or do you mean a project?
Click to expand...

First answer was fine.

I'm fine with that, as long as we get a way to ensure it doesn't *accidentally* turn into a priority.

Wouldn't it create some weird incentive not to approve certain budgetary items in an effort to "save" the Dash for the next "possibly" cool project?
 
TheDashGuy said:
First answer was fine.

I'm fine with that, as long as we get a way to ensure it doesn't *accidentally* turn into a priority.
Wouldn't it create some weird incentive not to approve certain budgetary items in an effort to "save" the Dash for the next "possibly" cool project?
Click to expand...

I guess. That really depends on the voting mechanism. I have a few ideas about it, but still need to think harder on this. The whole idea behind this is to get people involved with Dash a little more, spark the creative juice, maybe even a little VC funding to later propose something to the DGbB itself?

Anyway, we could think of a mechanism to prevent that, like for example, no project can exceed 33% of total fund, and after 3 funding rounds all remaining funds are liquidated or burnt ? I-ll put this in the OP for now. but welcome more ideas on it.
 
yidakee said:
I guess. That really depends on the voting mechanism. I have a few ideas about it, but still need to think harder on this. The whole idea behind this is to get people involved with Dash a little more, spark the creative juice, maybe even a little VC funding to later propose something to the DGbB itself?

Anyway, we could think of a mechanism to prevent that, like for example, no project can exceed 33% of total fund, and after 3 funding rounds all remaining funds are liquidated or burnt ? I-ll put this in the OP for now. but welcome more ideas on it.
Click to expand...

I like the idea as a whole, just needs a little preparation before application.
 
TheDashGuy said:
I like the idea as a whole, just needs a little preparation before application.
Click to expand...

Absolutely agree. That is the whole point of this thread. Either make something rock-solid to propose, or drop the idea entirely. I'll be updating the OP accordingly.
 
yidakee said:
Absolutely agree. That is the whole point of this thread. Either make something rock-solid to propose, or drop the idea entirely. I'll be updating the OP accordingly.
Click to expand...

You didn't catch my funny!

-1 Troll point /u/Yidakee

Also, maybe we can vote on the ways to use this as a "micro dgbb"? :D

For buying smaller things like single contractors for cheap work or w/e? (Thats an example...)
 
TheDashGuy said:
You didn't catch my funny!

-1 Troll point /u/Yidakee

Also, maybe we can vote on the ways to use this as a "micro dgbb"? :D

For buying smaller things like single contractors for cheap work or w/e? (Thats an example...)
Click to expand...

i don't quite follow, mind expanding? The idea really is a 'micro DGbB' though.

.
 
yidakee said:
i don't quite follow, mind expanding? The idea really is a 'micro DGbB' though.

.
Click to expand...

Whole - Preparation - Application....

Anyways, my point was like say we wanted to hire someone or purchase something relatively cheap/unimportant that the entire Dash community doesn't need to vote on, for example a software to organize everyone or something like that.

Like what if we wanted to throw $100 at some specific website for a small ad campaign, it could come fro this, no?

Again, just examples.
 
TheDashGuy said:
Whole - Preparation - Application....

Anyways, my point was like say we wanted to hire someone or purchase something relatively cheap/unimportant that the entire Dash community doesn't need to vote on, for example a software to organize everyone or something like that.

Like what if we wanted to throw $100 at some specific website for a small ad campaign, it could come fro this, no?

Again, just examples.
Click to expand...

Precisely. Use Fiver.com to create material, buy a domain and wordpress theme for a project, organize or sponsor a small event or initiative, fund a dev for some sort of development one might imagine but has no skills... Imagination is the only limit.
 
yidakee said:
Precisely. Use Fiver.com to create material, buy a domain and wordpress theme for a project, organize or sponsor a small event or initiative, fund a dev for some sort of development one might imagine but has no skills... Imagination is the only limit.
Click to expand...

Just to be a dick, we (certain people) have suggested this idea a few times, but hey atleast its catching on! :D
 
TheDashGuy said:
Just to be a dick, we (certain people) have suggested this idea a few times, but hey atleast its catching on! :D
Click to expand...

Some people talk, other people do. It came to my attention Evan proposed this himself a while back, but nobody stepped up. Totally missed it or I would have proposed this before. It shouldn't be too difficult.

What could be difficult is to keep this civil and professional so we can attract people to this initiative, create something formal and gain Masternode approval. If we collectively work to get this up and running in a nice and smooth way, only good things can come out of it.

.
 
yidakee said:
Some people talk, other people do. It came to my attention Evan proposed this himself a while back, but nobody stepped up. Totally missed it or I would have proposed this before. It shouldn't be too difficult.

What could be difficult is to keep this civil and professional so we can attract people to this initiative, create something formal and gain Masternode approval. If we collectively work to get this up and running in a nice and smooth way, only good things can come out of it.

.
Click to expand...

Not all of us have the "ability" or "privileges" to simply DO like you sadly :p

Good initiative though! Let's see where it goes!
 
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