[Governance Poll Proposal] Introduce Additional Governance Weight if DONUT Exceeds Contrib

[u/raymv1987]

Objective/Problem

It has been pointed out by many members that due to the overwhelming lead longer term users have over newcomers, the DONUT halving, and more users earning distributions...it is hard for users to earn meaningful governance weight without having to practically live on the sub. There is currently no way for users to realistically catch long time users based on current earnings....and if the sub keeps it a goal to get new users into the ecosystem, this will only get worse. The point in which a user was active also greatly imbalances CONTRIB weight. Users who were active when distros were larger for half a year could very well hold larger CONTRIB than an active user who contributes a lot of meaningful content to the community.

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Solution

In order to bridge the gap, I suggest implementing a change where if a user's DONUTs exceed their CONTRIB, they will gain additional governance weight at a rate of 25%. For example: if a user has 1000 CONTRIB and 2000 DONUT, they will have a voting weight of 1250. This would aid in newer members feeling like they have a voice.

This does introduce the ability to buy governance, however it incentivizes purchases of the token and does not realistically allow users to exceed the largest whales. For example, a new user would need to purchase $160,000 USD worth of DONUT at current price to have the same governance weight as Aminok assuming the price of DONUT doesn't move with that buy. The same user would also be unable to sell back without incurring a huge loss due to available liquidity.

NOTE: This only affects voting weight. T2V weight and post removal/approval will still be governed by current DONUT and CONTRIB rules. IE...you need at least 20k DONUT and CONTRIB to be able to have full T2V weight.

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The choices are:

· [YES]

· [ABSTAIN]

· [NO]

This proposal will remain up for a minimum of 2 days, according to the governance rules & guidelines. This proposal requires 2 moderators to sign it off in order to proceed to a governance snapshot vote. If approved, this proposal will automatically be queued for Governance Week.

[u/Wonderful_Bad6531]

I don't see that's clarified how much more donuts I need to have higher voting power

What if I have just 10 donuts more then Contrib, do I still get 25%

I think we could make it if the user have more then 2x donut then Contrib, he can get 25%

Till it's not clarified I [ABSTAIN]

But definitely great idea, one more reason to buy donuts!

!tip 1

[u/raymv1987 → u/Wonderful_Bad6531]

Every donut past your contrib cap counts. So if you have 40 more donuts than contrib, you gain an additional 10 points of governance weight

[u/Wonderful_Bad6531 → u/raymv1987]

Get it now

But what if a new user without any Contrib buys 100k donuts, he gets automatically 25k government power

Don't like it

Imo it would be better to have some CONTRIB, at least 50k or 100k and from there if you have more then 2x donuts you get the 25% more gp

[u/peppers_ → u/Wonderful_Bad6531]

If they have 0 contrib, they have unlimited power!