Closed GriffGreen closed 3 years ago
GriffGreen
commented
3 years ago 
laurenluz
commented
3 years ago Yeah I like Griff's suggestions and propose the following example flow:
BEGIN:
I designed an economy using the Hatch Dashboard. Think you can do better? Click here to fork my params.
Results
Impact Hour Rate Impact Hour Rate is the hourly wage of TECH tokens awarded to TEC Community members that contributed work hours before the Hatch.
Backer's Rage Quit Backer’s Rage Quit % is the % of funds invested that is redeemable by the Backers if they decide to “rage quit” and leave the Commons before the Hatch.
Redeem-ability of the DAO's wxDai The amount of the DAO’s wxDai that is redeemable by backers, by builders, and the amount that is not redeemable is represented in the following pie charts.
Minimum Support and Quorum Accepted for Proposals to Pass Minimum support is the percentage of tokens used in the vote that must choose “yes” in order for a proposal to pass. Minimum quorum is the percentage of the total supply of tokens that must choose “yes” in order for a proposal to pass.
Summary Table
My Parameters
Comments
Thanks for reading! Improve upon these results by clicking here to fork my params.
END
laurenluz
commented
3 years ago @divine-comedian @GriffGreen want to review and if you like we can pass to Vitor or Fabio to implement the changes?
GriffGreen
commented
3 years ago This is Great!
I love the sentences above each chart!
Not sure about the opening sentences or the order tho... I'll try another one
divine-comedian
commented
3 years ago BEGIN:
The hourly wage of TECH tokens awarded to TEC Community members that contributed work hours before the Hatch.
The percent of funds invested that is redeemable by the Backers if they decide to “rage quit” and leave the Commons before the Hatch.
The amount of the Hatch’s wxDai that is redeemable by backers or builders if they rage quit and the amount that is not redeemable is represented in the following pie charts.
The percentage of tokens used in the vote that must choose “yes” in order for a proposal to pass and the percentage of the total supply of tokens that must choose “yes” in order for a proposal to pass.
END
laurenluz
commented
3 years ago @divine-comedian I like the updated text at the beginning and end, and the edits to make the defining intros a bit shorter.
However, I don't love the breakdown for minimum support/quorum. I think it is confusing to have the title as two things and then two definitions concatenated below. I think it's better to have it like "minimum quorum is THIS. minimum support is THIS"
divine-comedian
commented
3 years ago SUGGEST -
The percentage of tokens used in the vote that must choose “yes” in order for a proposal to pass.
The percentage of the total supply of tokens that must choose “yes” in order for a proposal to pass.
Also to move the 'Results' text at the top to the bottom with the comments text so all text blocks are together.
laurenluz
commented
3 years ago Ok SO. Because we are limited by time and we can't live the dream, here is the best I can come up with, given the circumstances. Re-arranged the order based on the way results are currently being spat out. See below:
Also ... please include the title of the pie charts above the pie charts.... "Redeem-ability of the Dao's wxDai"
START:
It costs 500.0 wxDai to make a proposal.
Votes will be voted on for 3 days.
TECH token holders will have 12 Hours to exit the DAO if they don't like the result of a vote (as long as they don't vote yes).
There will be a minimum of 3 hours between proposals so people can exit safely in weird edge case scenarios.
A proposal that passes can be executed 15 hours after it was proposed.
A CSTK Token holder that has 2000 CSTK can send a max of 100000 wxDai to the Hatch.
| Parameters | Values |
|---|---|
| Target raise (wxDai) | 10,000,000.00 |
| Maximum raise (wxDai) | 25,000,000.00 |
| Minimum raise (wxDai) | 1,250,000.00 |
| Impact hour slope (wxDai/IH) | 351.00 |
| Maximum impact hour rate (wxDai/IH) | 300.00 |
| Hatch oracle ratio (wxDai/CSTK) | 50.00 |
| Hatch period (days) | 14.00 |
| Hatch exchange rate (TECH/wxDai) | 1,000.00 |
| Hatch tribute (%) | 18.00 |
| Support required (%) | 62.00 |
| Minimum accepted quorum (%) | 8.00 |
| Vote duration (days) | 3.00 |
| Vote buffer (hours) | 3.00 |
| Rage quit (hours) | 12.00 |
| Tollgate fee (wxDai) | 500.00 |
END
@divine-comedian @GriffGreen - can you review?
divine-comedian
commented
3 years ago START:
It costs 500.0 wxDai to make a proposal.
Votes will be voted on for 3 days.
TECH token holders will have 12 Hours to exit the DAO if they don't like the result of a vote (as long as they don't vote yes).
There will be a minimum of 3 hours between proposals so people can exit safely in weird edge case scenarios.
A proposal that passes can be executed 15 hours after it was proposed.
A CSTK Token holder that has 2000 CSTK can send a max of 100000 wxDai to the Hatch.
| Parameters | Values |
|---|---|
| Target raise (wxDai) | 10,000,000.00 |
| Maximum raise (wxDai) | 25,000,000.00 |
| Minimum raise (wxDai) | 1,250,000.00 |
| Impact hour slope (wxDai/IH) | 351.00 |
| Maximum impact hour rate (wxDai/IH) | 300.00 |
| Hatch oracle ratio (wxDai/CSTK) | 50.00 |
| Hatch period (days) | 14.00 |
| Hatch exchange rate (TECH/wxDai) | 1,000.00 |
| Hatch tribute (%) | 18.00 |
| Support required (%) | 62.00 |
| Minimum accepted quorum (%) | 8.00 |
| Vote duration (days) | 3.00 |
| Vote buffer (hours) | 3.00 |
| Rage quit (hours) | 12.00 |
| Tollgate fee (wxDai) | 500.00 |
END
Just added a little header for the parameter references so they don't get lost in the melee. Capitalized some parameter names.
Looks great! :+1:
GriffGreen
commented
3 years ago Love what Mitch and Lauren came up with. There were some changes in our Sunday call so I updated this to match:
It should my comment below:
GriffGreen
commented
3 years ago 
To use the defaults... Technocracy for the win
To use the defaults... Technocracy for the win
<h1>Summary</h1>Trusted Seed members can send wxDai to the Hatch for 15 days.
The target goal will be 2500000 wxDai, with a minimum of 100000 wxDai necessary for the TEC Hatch DAO to be launched and a cap at 50000000 wxDai.
Backers will need to send in 0.0001 wxDai to mint 1 TECH.
The membership ratio is set at 10 wxDai/CSTK, so a Trusted Seed member with the minimum CSTK Score of 1125 CSTK can send up to 11250 wxDai to the Hatch.
Proposals will be voted on for 3 days. They will require at least 60% support, and a minimum of 2% of the TECH Tokens will have to vote yes for a proposal to pass.
TECH token holders will have 1 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 8 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 1095 votes per year.
To prevent griefing attacks, it will cost 1000 wxDai to make a proposal.
Iterate on my parameters here.
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.
| Parameter | Value | |
|---|---|---|
| Minimum Goal (wxDai) | 100000 | |
| Maximum Goal (wxDai) | 50000000 | |
| Target Goal (wxDai) | 2500000 | |
| Impact Hour Rate at Target Goal (wxDai/IH) | 150 | |
| Impact Hour Rate at Infinity (wxDai/IH) | 500 | |
| Hatch Period (days) | 15 | |
| Hatch Tribute (%) | 5 | |
| Membership Ratio (wxDai/CSTK) | 10 | |
| Hatch Minting Rate (TECH/wxDai) | 10000 | |
| Support Required (%) | 60 | |
| Minimum Quorum (%) | 2 | |
| Vote Duration (days) | 3 | |
| Vote Proposal Buffer (hours) | 8 | |
| Ragequit (hours) | 1 | |
| Tollgate Fee (wxDai) | 1000 |
GriffGreen
commented
3 years ago Ok, had to remove spaces to make space!
https://docs.google.com/document/d/1ViRu34v5zX9kpOfL0xgHohc0BrOJikjLYlP3GIy5Pfs/edit?usp=sharing
GriffGreen
commented
3 years ago
We need to put lots of text here
We should give them the space to explain their thoughts
Trusted Seed members can send wxDai to the Hatch for 15 days.
The target goal will be 2500000 wxDai, with a minimum of 100000 wxDai necessary for the TEC Hatch DAO to be launched and a cap at 50000000 wxDai.
Backers will need to send in 0.0001 wxDai to mint 1 TECH.
The membership ratio is set at 10 wxDai/CSTK, so a Trusted Seed member with the minimum CSTK Score of 1125 CSTK can send up to 11250 wxDai to the Hatch.
Proposals will be voted on for 3 days. They will require at least 60% support, and a minimum of 2% of the TECH Tokens will have to vote yes for a proposal to pass.
TECH token holders will have 1 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 8 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 1095 votes per year.
To prevent griefing attacks, it will cost 1000 wxDai to make a proposal.
If you have Impact Hours, you can see what you will get with my configuration in the Impact Hour Results table on the Dashboard.
| Parameter | Value | |
|---|---|---|
| Target Goal (wxDai) | 2500000 | |
| Maximum Goal (wxDai) | 5000000 | |
| Minimum Goal (wxDai) | 700000 | |
| Impact Hour Rate at Target Goal (wxDai/IH) | 60 | |
| Impact Hour Rate at Infinity (wxDai/IH) | 180 | |
| Hatch Membership Ratio (wxDai/CSTK) | 10 | |
| Hatch Period (days) | 15 | |
| Hatch Minting rate (TECH/wxDai) | 10000 | |
| Hatch Tribute (%) | 5 | |
| Support Required (%) | 93 | |
| Minimum Quorum (%) | 2 | |
| Vote Duration (days) | 3 | |
| Vote Buffer (hours) | 8 | |
| Ragequit (hours) | 18 | |
| Tollgate Fee (wxDai) | 1000 |
