by 0x5b5cc427c1d81db4f94de4d51d85ce122d63e244 (Fehz)
EARLY VOTING ENGAGEMENT
This proposal advocates for the implementation of a mechanism within the Decentraland DAO to gradually reduce the weight of Voting Power (VP) used to vote on proposals after the fifth day, decreasing by 5% each subsequent day.
The current voting system allows for significant influence from whales or large stakeholders who may only engage in the process towards the end of voting periods. This last-minute influx of VP can skew outcomes and undermine the democratic ideals of the DAO.
Gradually reducing VP over the course of the voting period, could help to incentivize early participation and will also bring more predictability, allowing community members to anticipate voting dynamics and participate accordingly, as well as discouraging strategic manipulation of the voting process.
In the near future, individuals may need to purchase a course to comprehend how the voting system operates in Decentraland. Without understanding, they may resort to simplistic solutions such as reducing, banning, or limiting without addressing core issues. This could lead to a cycle of unnecessary complexity with new proposals continually added to appear productive. Future observers may view this situation humorously, questioning the capability of current DAO handlers. #freethedao
Not everyone in a DAO receives 100k every year to be present here every day; some people have their own affairs, and some aren’t able to stay on track immediately. It doesn’t mean they deserve to have their voting power to be nerfed. This is a form of discrimination.
Imagine active grant recipients feeling pressured to vote “YES” on proposals. Just as active grant members must follow/obey the core units, grantees may feel compelled to support Grant Support Squad proposals out of fear. This proposal above reveals a concerning lack of understanding from the core units about the necessary policies to ensure the DAO’s functionality.
Also, core units, who are themselves “grantees,” are attempting to centralize everything. All new policies seem designed to increase their power and secure their annual share of funds. A thorough investigation of their proposals would likely reveal a centralized scam. People need to become aware of this situation before it’s too late.