ShenaniganDApp / SHEiP

The Shenanigan Improvement Proposal repository
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daohaus stock distribution #12

Closed cheo0202 closed 2 years ago

cheo0202 commented 2 years ago
--- SHEiP: <> title: author: discussions-to: status: category: type: < Community > created: <2021-10-29> edited: requires: replaces: --- ## Simple Summary information on Daohaus shares ## Abstract It is proposed to create a system of distribution of shares of the daohaus so that the community has the right to vote in the course of the project. ## Motivation Motivation goes here. ## Specification My proposal is based on the sale of shares within daohaus which the funds raised would go to the contribution of liquidity or what the project is needing ## Rationale The rationale fleshes out the specification by describing what motivated the design and why particular design decisions were made. It should describe alternate designs that were considered and related work, e.g. how the feature is works in other environments. The rationale may also provide evidence of consensus within the community, and should discuss important objections or concerns raised during discussion ## Backwards Compatibility Backwards compatibility goes here. ## Implementation Rewards can start calculating from the day this proposal passes ## Security Considerations Security considerations go here. ## Copyright Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
youngkidwarrior commented 2 years ago

First off @cheo0202, my apologies for my delayed response on this. It's been getting pushed back on my list again and again.

If I understand your proposal correctly, you'd like PRTCLE holders to receive voting shares in the DAOHaus DAO. As it stands now, the DAOHaus DAO acts as a multisig of 9 major contributors of the project.

Here is a screenshot of the current voting share distribution: image

Let me explain the reasoning for doing this. Back when the DAO was on Aragon, we had the problem of reaching its 50% quorum more than once. DAOHaus allowed us to outsource token voting to http://snapshot.org and reduce the reliance on quorum for placing proposals into actuation. This move was a major decision and included a bunch of trade offs.

Pros: Faster, better maintained interface Gasless voting LP Voting

Cons: DAO is now a public multisig Reduced decentralization

So that means I am open to giving other members of the community a voting share in exchange for PRTCLE or XDAI. However, it is required of that person to be active in voting in the DAO when called upon. There is no monetary benefit to holding voting shares. Anyone who makes and voted on proposals is charged PRTCLE and time for their efforts. So, those that receive voting shares must give their time, money, and energy with the understanding that there will be no payment in return.

I think a better solution would be to use LOOT shares to represent those who are interesting in owning part of the DAO, without voting. LOOT shares give ownership over the treasury, without requiring voting participation. With Moloch v3, PRTCLE Holders can stake their PRTCLE in exchange for LOOT shares.

cheo0202 commented 2 years ago

I think it's very good about the LOOP actions. There would be no possibility of being bought with the HAUS tokans so the funds would go to a pool, which would strengthen the PRTCLE.

cheo0202 commented 2 years ago

Another thing that occurs to me is to spread the information about these terms and if any of the community earns the merit of having a share with the right to vote that is granted

diegoleal8802 commented 2 years ago

It would be nice to have some snapshots. on this topic if you want actions loop