CommonsBuild / TEC-Hatch-Vote

https://tokenlog.xyz/CommonsBuild/TEC-Hatch-Vote
2 stars 0 forks source link

Goldilocks v2 going for a little more gold ;-) #43

Closed GriffGreen closed 3 years ago

GriffGreen commented 3 years ago

Check out my proposal for the Hatch! Click here to preload the Hatch Configuration Dashboard with my parameters if you think you can do better.

image

Graphical Summary

image

Graph Descriptions

Simulated Outcomes

image

Hatch Strategy

This is a fork of Goldilocks v1 https://github.com/CommonsBuild/TEC-Hatch-Vote/issues/26 I love the elegance of Goldilocks v1: 25 wxdai/ih at the min, 50 wxdai/ih at the target, 100 wxdai/ih at the max... honestly its just really easy to explain to people! I added my favorite flavors: No Hatch Tribute cause I want to reduce the risk assessment of participating so we can raise more.... also I like trolling @chuygarcia92. In order to have time to raise more and give more time to dev on the Commons Upgrade, I made the Hatch Period 30 days. I also like the 1 wxDai = 1 TECH idea

DAO Strategy

With no Hatch Tribute raising the Ragequit % so much I like a high Support Required... if >10% of tokens are engaged and voting no, then a high % of them will prob Ragequit before the Commons Upgrade and that could screw up the assumption of how much money goes to the bonding curve and CV pools... so I like 90% and a 3% Quorum

Vote Proposal Buffer is more annoying than useful... so I put it at 8 hours and put the tollgate fee to 2000 making it cost $6000/day to troll the DAO by delaying votes.... I think thats a good number.

3 day Vote Duration and 2 day Ragequit Delay makes it take 5 days to pass a proposal. I like this tempo.

Summary

Hatch Details

TEC Hatch DAO Voting Details

If you have Impact Hours, you can see how much money you will get with my configuration here, just check out the Impact Hour Results table.

My Hatch Configuration

Parameter Value
Target Goal (wxDai) 2,000,000
Maximum Goal (wxDai) 8,000,000
Minimum Goal (wxDai) 800,000
Impact Hour Rate at Target Goal (wxDai/IH) 50.0
Impact Hour Rate at Infinity (wxDai/IH) 150.0
Hatch Membership Ratio (wxDai/CSTK) 5
Hatch Period (days) 30
Hatch Minting rate (TECH/wxDai) 1
Hatch Tribute (%) 0
Support Required (%) 90
Minimum Quorum (%) 3
Vote Duration (days) 3
Vote Buffer (hours) 8
Ragequit (hours) 48
Tollgate Fee (wxDai) 2,000
GriffGreen commented 3 years ago

Great submission, it got 223 votes and 8th place