[DAO:ad73b7a] DAO Grants Program - New Tiers & VP Threshold

[yemel]

@TheCryptoTengu

I dont agree with the new vp limits being raised at this time. I think it hurts the community more then it helps.

The changes are not that big compared to current standards, maybe this graph illustrates it better.

@dax

I’d like to see more of the arguments for and against giving grants in MANA vs stablecoins.

There is just one big argument, MANA is a volatile asset.

For short projects this might not be an issue, and that’s why the lower tiers now enables payments in MANA for up to $20,000 worth of USD. However, for long projects is fundamental to secure a budget in USD in order to honor commitments made with contractors and third parties.

I like the idea to incentivize the request for grants in MANA, but I would keep it simple for this iteration.

@Doug-NFTWorld

Agree with VP/USD concept but we have to find a reasonable threshold. 10M VP for a $240k grant? I havent seen any proposal even get 10M votes yet.

I’d like to see some stats on the following (or point me to where I can collect this myself):

1. How many proposals have received over 4M votes so far? (probably very few)
2. What was the average VP by user of those proposals that passed with over 4M votes? (probably very high due to whale votes required for passing them)
3. What is the median user VP of ALL proposals? (the median is probably very small, especially in relation to the average that top tier proposals receive)

There are 31 proposals that passed with more than 10M VP.
There are 117 proposals that passed with more than 4M VP.

For the other two points, I invite you to do your own research using the transparency data sheet, or the CSV exported by the transparency OS.

@Doug-NFTWorld

Perhaps the community should be allowed to provide some input and help draft Governance proposals in the first place before they are put up for a vote.

The proposal was opened for public comment in the forum first and later discussed here. I’m glad for all the contributions received and the signaling looks favorable. I’ll move it to a Governance Proposal.