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MiniDAO for Stash distribution etc #3

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phwizard opened this issue Jun 12, 2022 · 0 comments
Open

MiniDAO for Stash distribution etc #3

phwizard opened this issue Jun 12, 2022 · 0 comments

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@phwizard
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Here is a proposed mechanism for our MiniDAO that implements the Stash mechanism.

  1. Each NFT owner who has donated has one vote (so each non-Bronze has one vote).

  2. Each voter can put forward a proposal to send X amount of ETH from the Stash to a specific Ethereum address.

  3. Other voters can cast their votes in support of the proposal or against proposal.

  4. 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.

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