Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Holisticdetector on July 22, 2020, 04:07:13 PM



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Post by: Holisticdetector on July 22, 2020, 04:07:13 PM
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Title: Re: Decentralized Autonomous Organization (DAO) Project Worth a Look
Post by: disconnectme on July 22, 2020, 06:06:27 PM
This space seems to be going crazy with DEFI and Yield farming projects, these is the issue now, everyone wants a piece of the cake and they keep riding the hype around DEFI's if this is not managed well we are heading ti the ICO burst of 2018, that kick start the bear market. Not saying all these projects are bad but look before you jump


Title: Re: Decentralized Autonomous Organization (DAO) Project Worth a Look
Post by: Ucy on July 22, 2020, 07:48:51 PM
In regards to *number one* (Earn $BREE for holding DeFi assets), does it mean if you don't hold those defi assets you won't be able to fully participate in governance? What is the minimum amount of the DeFi assets are needed to participate in governance?

*Number two* (Earn $BREE for proposing/voting) sounds good in my opinion. Maybe  make it optional for those who don't have defi assets. Defi assets holders will probably just stake & earn more tokens/coins for merely holding.
I think everyone should be able to participate (whether staking or not), make valuable contributions and earn rewards/coins/tokens for their contributions.

By the way, why impose limits (with the use of delegate governors) on those who can propose new ideas? If it's for quality reason, why not allow everyone to propose ideas on "Unfiltered section", then the best ideas on the Section automatically get moved to Filtered or Main section?



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Majority of the community members simply do not care about these governance protocols. They are only after those sweet yields.

 To attract lots of quality participants/contributors, my incentive or reward models would be to rank participants up according to the value of their contributions, how long they participate with the community etc...
As participants rank up in the community, you keep promoting or granting them additional privileges, opportunities, increased earning power on their contributions,  etc..

Reputation/trustworthiness can also be used to incentive participants. This will ad to their overall decentralized Network/Blockchain  reputation

I think every good contribution by all members should be rewarded. The community could create lists of agreed rules and principles and automatically reward members who do not break them during  their important community contributions. Members should automatically earn rewards after being active doing something useful or contributing to something good, but if someone or bots downvote you for breaking some rules/principles (with proofs), you lose part of the rewards, depending on the seriousness of the rules/principles violated... both the upvoters and downvoters would be rewarded manually/automatically based on the accuracy of their votes, or better still based on the correctness (with proofs) of the reviews left by the upvoters/downvoters.
There should be very qualified/honest/accountable people who give their final verdicts on the reviews after verification and canceling of wrong or undeserved downvotes/upvotes... Rewards can then be distributed to participants after the final assessment is completed


Title: Re: Decentralized Autonomous Organization (DAO) Project Worth a Look
Post by: minairia3 on July 23, 2020, 10:02:24 AM
This space seems to be going crazy with DEFI and Yield farming projects, these is the issue now, everyone wants a piece of the cake and they keep riding the hype around DEFI's if this is not managed well we are heading ti the ICO burst of 2018, that kick start the bear market. Not saying all these projects are bad but look before you jump
Defi sets a new standard on ethereum erc20 projects. Like what OP mentioned, every new projects associated with defi will surely be in a hype scenario. Managed or not, I think investors and traders are already hooked and equipped with idea about its strenght.

Does this coinbreeder plan to have a curve public sale? Why there is prepayment of 0.001eth for claiming staked rewards? Weird that payment is necessary for staking.


Title: Re: Decentralized Autonomous Organization (DAO) Project Worth a Look
Post by: Ucy on July 23, 2020, 10:26:20 AM
In regards to *number one* (Earn $BREE for holding DeFi assets), does it mean if you don't hold those defi assets you won't be able to fully participate in governance? What is the minimum amount of the DeFi assets are needed to participate in governance?

*Number two* (Earn $BREE for proposing/voting) sounds good in my opinion. Maybe  make it optional for those who don't have defi assets. Defi assets holders will probably just stake & earn more tokens/coins for merely holding.
I think everyone should be able to participate (whether staking or not), make valuable contributions and earn rewards/coins/tokens for their contributions.

By the way, why impose limits (with the use of delegate governors) on those who can propose new ideas? If it's for quality reason, why not allow everyone to propose ideas on "Unfiltered section", then the best ideas on the Section automatically get moved to Filtered or Main section?
.......


I'm just someone who helps them spread the word but I think your ideas are really great. You should join the community on t.me/coinbreederDAO. I think your proposals could work well with the community.

You could share them with the community. I hopefully (by HIS Will) will join later.
Our good ideas are for true/safe decentralized systems/communities at no cost. We just have to stick to and improve on good Satoshi Bitcoin standards/principles