tamarandom
commented
3 years ago Made a new version : https://github.com/CommonsBuild/TEC-Hatch-Vote/issues/76
Closing this one.
Closed tamarandom closed 3 years ago
tamarandom
commented
3 years ago Made a new version : https://github.com/CommonsBuild/TEC-Hatch-Vote/issues/76
Closing this one.
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.
Graphical Summary
Graph Descriptions
Simulated Outcomes
Hatch Strategy
In appreciations of Nuggan’s raise-a-lot, I’m forking #32. For the goals, I’d like the min to be within what I will call a “certainty” zone so I’m setting it to what we have in soft commitments we have after having done 1-1 sessions with 90+ hatchers. Failure to reach the min goal will really knock the wind out of our momentum sail. I’m good with a super high max so leaving that as is though I’m dropping the target to something that feels reachable to me. I tweaked the IH rates because the outputs make more sense to me with the target raise that I selected. The min results in ~42/IH and the target would be about 80/IH. Also, the builders have a larger share of the pie at the min goal but then the backers have a larger share at the target. That seems right. I’m not even looking at the max raise since I am going with a pie-in-the-sky figure. I like what Nuggan’s done with a high mem ratio and high tribute. Essentially, sure you’re welcome in but if you come in, stay in. ;) For the Hatch period, I lean toward longer though I can also see the advantages of a shorter period. In the end, I choose 4 weeks. Enough time for everyone that wants to to get in but not so long that it drags on.
DAO Strategy
I like Nuggan’s rationale for 60% support and 10% quorum. I wonder how difficult these may be to reach in real life but I am still going to choose the same. I’m going with a higher proposal buffer (thinking we should have very, very few proposals) and a much higher tollgate to discourage frivolity but not so high that it will be a barrier. And I'm giving a little more time for a more thoughtful ragequit. ;)
Summary
Hatch Details
Trusted Seed members can send wxDai to the Hatch for 28 days.
The target goal will be 1000000 wxDai, with a minimum of 400000 wxDai necessary for the TEC Hatch DAO to be launched and a cap at 15000000 wxDai.
Backers will need to send in 1.0 wxDai to mint 1 TECH.
The membership ratio is set at 50 wxDai/CSTK, so a Trusted Seed member with the minimum CSTK Score of 1125 CSTK can send up to 56250 wxDai to the Hatch.
TEC Hatch DAO Voting Details
Proposals will be voted on for 7 days. They will require at least 60% support, and a minimum of 10% of the TECH Tokens will have to vote yes for a proposal to pass.
TECH token holders will have 48 hours to exit the DAO if they don't like the result of a vote (as long as they didn't vote yes) before it is executed.
There will be a minimum of 24 hours between proposals so people always have time to exit safely if they voted yes on a previous vote, this means we can have at most 365 votes per year.
To prevent griefing attacks, it will cost 5000 wxDai to make a proposal.
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