[DAO:42e85fb] Infrastructure for LANDs

Governance
1

by 0x8218a2445679e38f358e42f88fe2125c98440d59 (1010)

Linked Draft Proposal

Infrastructure for LANDs

Summary

This governance proposal is to advance the setting up of infrastructure for LANDs use by the community.

Abstract

4 polls were conducted and 3 conclusions were derived.

  1. Create a specific category for LAND related matters on the DAO proposal page named “LAND”.

Refer to Annex (A)

  1. All proposals will be decided on a case by case basis, including the permitted tenure as well as whether cost is involved.

Refer to Annex (B) and (C)

  1. The ‘Acceptance Threshold’ should be set at 2m Voting Power for 1 parcel, and thereafter, a dynamic threshold is triggered.

Refer to Annex (D)

Motivation

With the successful passing and subsequent enacting of the LAND purchase agreement by the DAO, infrastructure should be set up to allow all members to start using LAND.

Through various consultations held in the past months, the DAO has come to an agreement to set up a process in which potential tenants can submit applications for approval by the community.

Specification

There are 5 key goals to be achieved with this proposal.

  1. Create a specific category for LAND related matters on the DAO proposal page named “LANDs”.

  2. Implement an application form format for potential tenants.
    The form will include categories such as location, title, purpose, amount of time to be occupied, rent payable PER DAY during occupancy (if any) and other information.

  3. Set the ‘Acceptance Threshold’ at 2m VP for the 1st parcel and 200k VP for each of the remaining parcels thereafter. The allotted time for each vote will be 7 days.
    It’ll work out as follows:

1plot: 2m VP

2 plots and above: 2m VP + [(total plots-1) x 200k VP].
For example, 6 plots will be 3m VP.

  1. A maximum tenure of 90 days for members and 180 days for Squads will be implemented.

  2. Proposals for the use or revocation of LAND need only go through 1 round of application, similar to POIs.

Impacts

Cost to buy LAND is always a consideration for developers when deploying their work inside Decentraland. Should this proposal be passed and enacted, the DAO will be able to provide the community and potential entrants with more cost effective options, thereby alleviating concerns about cost, especially in the early/developmental stages.

As renting/providing LAND to community members is a novel idea to the DAO, there will be risks involved, such as the possibility of hoarding, misuse or the lack thereof. Therefore, revision of conditions will be needed down the line depending on what issues the DAO experiences during the intial process. A review in 6 months is recommended.

Implementation Pathways

  1. Create a specific category for LAND related matters on the DAO proposal page named “LANDs”.
    All matters OTHER THAN the transfer, sale/purchase, modifying the name and contract of LAND/ESTATEs should fall under this category. This includes but is not limited to rentals, revocations, renewal of tenure etc.

  2. Implement an application form format for potential tenants. A sample of the form will be provided in the comments.

  3. Set the ‘Acceptance Threshold’ at 2m VP for the 1st parcel and 200k VP for each of the remaining parcels thereafter. The formula will be 2m VP + [(total plots-1) x 200k VP].
    The allotted time for each vote will be 7 days.

  4. The tenure for LANDs will be denominated in 7, 30, 60 and 90 days. A 180 days option will be available for Squads. This will be reflected in the application. All tenure will begin from the time they are successfully delegated as ‘operator’.

  5. Proposals for the use or revocation of LAND need only go through 1 round of application, similar to POIs.

  6. Upon approval, if no monetary transaction is involved, the tenant will be given ‘operator’ permission for the stipulated time. If a monetary transaction is involved, the tenant will have to make the full transfer of the rent before being set as operator.

  7. Gas fees cannot exceed 70 GWEI per transaction. This is to ensure that DAO funds are not depleted quickly should there be a surge in gas fees.

Conclusion

With the governance proposal for LAND purchase enacting soon, setting up the infrastructure for use of LAND is the next step. This will ensure that a proper process is present to prevent confusion as to how applications for use works.

Annex (A)

Annex (B)

Annex (C)

Annex (D)

Vote on this proposal on the Decentraland DAO

View this proposal on Snapshot

2

Update:
The 6m VP cap for LAND proposals has been removed. This is to prevent abuse of the rent system by rogue entities attempting to rent enmass without a legitimate cause.

An allotted time of 7 days is also implemented.

Finally, a cap to the the gas fees per transaction is introduced.

Quote “rent payable PER DAY during occupancy (if any)” under specifications
The rationale for adding an option to allow tenants to pay rent sounds odd but if for example, a grantee has been using a certain plot for awhile, is sustainable and wishes to pay to continue using the spot, they are able to do so. Most tenants will not exercise that option, they’ll just want to use it for free. It is included so that in future, if there’s a need, we don’t need to go through the whole governance proposal again just to add an option that allows the tenants to pay rent

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This will be the format for the LAND application form:

Form for LAND related matters
Before applying for the use of any space, please ensure that the land you are choosing isn’t already occupied. You can refer to (add in aragon wallet add) to see which LANDs the DAO owns. Do note that roads are not for rent.

LOCATION (if applicable)

[xx], [yy] (similar to POI format)

[Option to add more parcels] (max 10 parcels)

or ESTATE NAME (max 1)

TITLE

The permission you would like to seek for

{Create drag down bar that places 2 options, Permission to rent LAND at [location] and Others}
(E.g I want to rent land)

PURPOSE

Give a brief description of what the space is for/ what is the matter you would like to address.

(Rent it to build a playing space/gallery)

DO YOU BELONG TO A DAO SQUAD/COMMITTEE

Yes/No options

Choosing ‘No’ will disable the option to choose a longer timeframe (up to 180 days max)

AMOUNT OF TIME TO BE OCCUPIED

[Option of 7, 30, 60, 90] days for members, and [180] days option for Squad

TOTAL RENT PAYABLE PER DAY DURING OCCUPANCY (IF ANY)

[XXXX]

OTHER INFORMATION

Include details such as if you are currently renting another space from the DAO, or that you are a grantee.

CO-AUTHORS (OPTIONAL)

Options available for members to choose
Yes
No
Abstain

4

This proposal has the potential to help drive growth by improving cost-effectiveness for building in Decentraland. Anything that helps lower the barrier to entry and help attract and engage talented individuals is a big plus for me. It’s also aligned with the DAO’s mission to support and empower creators.

2 Likes
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Can I be a LANDLORD? drop by unexpectedly to check the grounds, make sure rent is paid, not fix things that are broken and pin notices on the door? LOl. I’m just kidding sort of. Ill go with Yes.

That is that I would vote YES if not for the fact that I have been stripped of my VP. Until this is resolved then…

2 Likes
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Like @fractilians, I also agree with any proposal that makes things easier for the user.

2 Likes
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Ok. VP restored. A yes from me. And since I don’t know how else to tag you @3Point1Four I love the space odyssey build. Pretty cool.

1 Like
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Ahaha if the rental system takes off and becomes sizeable, we’ll probably need the LAND manager to supervise.

Thanks for the support and I’m glad u enjoyed it! Did u manage to get to the black hole?

1 Like
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yes i did. cant wait to see the next one

1 Like
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Infrastructure for LANDs

This proposal is now in status: REJECTED.

Voting Results:

  • Yes 98% 2,339,165 VP (92 votes)
  • No 1% 596 VP (2 votes)
  • Abstain 1% 13 VP (3 votes)