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Here is a proposed mechanism for our MiniDAO that implements the Stash mechanism.
Each NFT owner who has donated has one vote (so each non-Bronze has one vote).
Each voter can put forward a proposal to send X amount of ETH from the Stash to a specific Ethereum address.
Other voters can cast their votes in support of the proposal or against proposal.
The proposal needs one of the following to be executed:
If the beneficiary address is equal to one of the pre-defined charity addresses: needs either 1 admin vote, or 3 months have passed, or supported by 10% or more of voters.
If the beneficiary address is not equal to one of the pre-defined charity addresses, then needs either 1 admin vote plus support of 5% or more voters, or 6 months have passed, or support of 30% or more of voters.
Pending non-executed proposals can be removed by admin plus 10% of voters or by 30% of voters.
This mechanism will allow to compensate newly discovered copyright owners, but also to remove any fraudulent compensation proposals via decentalized community voting.
The text was updated successfully, but these errors were encountered:
Here is a proposed mechanism for our MiniDAO that implements the Stash mechanism.
Each NFT owner who has donated has one vote (so each non-Bronze has one vote).
Each voter can put forward a proposal to send X amount of ETH from the Stash to a specific Ethereum address.
Other voters can cast their votes in support of the proposal or against proposal.
The proposal needs one of the following to be executed:
If the beneficiary address is equal to one of the pre-defined charity addresses: needs either 1 admin vote, or 3 months have passed, or supported by 10% or more of voters.
If the beneficiary address is not equal to one of the pre-defined charity addresses, then needs either 1 admin vote plus support of 5% or more voters, or 6 months have passed, or support of 30% or more of voters.
Pending non-executed proposals can be removed by admin plus 10% of voters or by 30% of voters.
This mechanism will allow to compensate newly discovered copyright owners, but also to remove any fraudulent compensation proposals via decentalized community voting.
The text was updated successfully, but these errors were encountered: