Proposal for Governance Mechanism for Idena Community Wallet
Basic principle:
— Use of the community wallet from community votes
— In order not to create a gas plant, we will assume that a vote will be defined to accept or not to finance a process with an associated amount. It is undesirable to vote for the process and then for an amount.
— A catalog of rewards will be defined by the core team in order to give direction to rewards (topics to be discussed)
Voting process:
— Propose to the addresses of the populations concerned: one or 2 votes during the validation sessions because it is a privileged moment for Idena users.
— These votes would be available after the validation of the long session but in the time devoted to the long session
— It is rare for an informed user to take 30 minutes to resolve the session, so it may be interesting to propose the vote. It allows to fight against inactive users and the report of votes
— If the user does not vote, it will be counted as an abstention
— However, the votes will also be available during the voting period on desktop applications for those concerned
— So at the top of the network, one or 2 votes will be proposed every 28 days
— Votes will be in English by default, but as with flips, a link to google translate will validate understanding in the user’s language.
— Each vote will be subject to transaction fees
Concerned with votes
— Core team because they are the creators of idena
— People who lead the community (admin of discord channels, telegram) under their agreement because their identity would be exposed via the rewards address
— Human users> X epochs whether they are part of a pool or not (to give voice to humans, invested and who are aware of the issues and the idena ecosystem) - to note to date: 8% of valid identities
— App owners who enrich the Idena ecosystem (each validated service has an Idena address in a smart contract that lists the validated services for Idena. Services = app (backoffice, site or mobile) - currently listed in https: // idena -apps.org
The people who animate the community via the networks have often been human for a long time so are not counted in a dedicated category for the votes. Also, exposing their idena voting identity to their community profile is undesirable. However, for communication efforts, nothing prevents voting to offer them compensation from the community wallet
The more the network grows, the more reliable and advanced the ecosystem will be (or vice versa, the more reliable and advanced the ecosystem, the more the network will grow ..). The freedom to use the community wallet will therefore be given more and more to the community
However, I don’t believe that idena manages the % in the voting results .. it will be necessary to plan a smart contract made by the core team … or a dev from the community and then that will be the first vote;)
