Aye

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Requested:99.39K DOT

Rejected

(Temp Check) Milestone_2 Funding Request for Motif: vote NAY

inMedium Spender

a year ago

polkadot

Beneficiary:

(99.39K DOT)

Hello frens!

Thank you for the feedback! As expected, posting for realvoting provides more feedback than any other method.

Here's our current state: we have a backend capable of identifying issues, along with a set of potential solutions to help users utilize NPoS more effectively. What value can Motif provide on top of that?

I would appreciate your input on which features would be most useful for nominators. What functionalities would help nominators manage their stake more effectively? Here are seven options we're considering:

Nominator Interfaces with Statistical Information (No Predictions): This interface would show where and when nominators have been nominated, when they lost their rewards, and other details. Nominators can see what happened with their nominations over time and which validators bring them to the active set.
Nominator Interfaces with Statistical Information + Predictions and Risks: This would include all statistics, plus predictions on when they might lose their nomination, which validators are unstable, etc. Nominators can receive a set of risks and recommendations for further actions.
Validator Data with Statistical Information and Risk Predictions: This interface would provide all statistics about validators, including predictions on when they might lose validation, the riskiness of their nominators, participation in the 1kv set, etc. Nominators would be able to assess the predicted performance of a validator as a system participant.
Interactive Validator Recommendation System for Nominators: A context-aware system that connects nominators and validators, offering recommendations based on current states. Nominators can receive dynamic recommendations depending on the immediate global status of validators and nominators.
Nominator bug fixing ML Model with Chatbot interface: A chatbot that responds with information on the current state of a nominator, compares it with similar cases and offers proactive solutions. Nominators can learn their current status directly in the chat and receive basic recommendations.
Nominator Risk Notification System: An autonomous event-based system that allows users to subscribe to notifications and be warned of risks before they occur (typically a few eras above). Nominators can subscribe to events related to their nomination (both personal and pool-related), enabling them to receive advance notice of proposed actions.

P.S. For simplicity, I've removed plans regarding personal accounts, user-specific backend, and current backend/frontend refactoring and cross-options from the plan, focusing directly on the features you might consider important.

Website: Motif Network

Telegram: MotifNetwork_Bot

@motifnetwork:matrix.org

Telegram: @NikNovo

Email: nik@motif.network

Comments (6)

a year ago

Impressive product! Look forward to actually using this in the next month and diving into the roadmap and hearing what every day stakers large and small think of this!

a year ago

Here are the comments I gave in the DOT Expert group:
"Here’s some feedback:

Staking in DOT is a big business, and any new solution is attempting to change things. Unless the product you want to build reflects interests of many players involved, it will not get funding from the treasury - staking operators are often big DOT holders. So the product you offer needs to give them something better then what they already have, and they do have a lot and know a lot (more then you do, be certain of that).
Proposal is a bunch of ideas someone had, there is no product strategy in there, and for $600k you better have it.
There are plenty of tools in the ecosystem that offer great UX for good validator choices. I know this because when Kusama just started we built a tool for a quick and easy nomination (it was a couple of clicks, combining transactions and a bunch of other things) that also optimizes the choice of validators and does that automatically. We did all of that 4 years ago for something like $35k. We pivoted to another business area, but the code and knowledge was used for others who built new solutions and are using them. Your proposal for $600k is far overpriced and has very little value.
I personally did not vote on the proposal, but I would vote No for the reasons above."

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Proposal Failed

of 3

Summary

Aye

Nay

Aye (6)0.0 DOT

Support0.0 DOT

Nay (59)0.0 DOT

Comments (6)

a year ago

Impressive product! Look forward to actually using this in the next month and diving into the roadmap and hearing what every day stakers large and small think of this!

a year ago

Here are the comments I gave in the DOT Expert group:
"Here’s some feedback:

Staking in DOT is a big business, and any new solution is attempting to change things. Unless the product you want to build reflects interests of many players involved, it will not get funding from the treasury - staking operators are often big DOT holders. So the product you offer needs to give them something better then what they already have, and they do have a lot and know a lot (more then you do, be certain of that).
Proposal is a bunch of ideas someone had, there is no product strategy in there, and for $600k you better have it.
There are plenty of tools in the ecosystem that offer great UX for good validator choices. I know this because when Kusama just started we built a tool for a quick and easy nomination (it was a couple of clicks, combining transactions and a bunch of other things) that also optimizes the choice of validators and does that automatically. We did all of that 4 years ago for something like $35k. We pivoted to another business area, but the code and knowledge was used for others who built new solutions and are using them. Your proposal for $600k is far overpriced and has very little value.
I personally did not vote on the proposal, but I would vote No for the reasons above."

PleaseLogin to comment