Implement Optimistic Project Funding
Short description: Allow for users to nominate whitelisted projects with their DOT - this mechanism will be funded with a constant stream of DOT taken directly from inflation and distributed to projects based on the proportion of DOT that has nominated them.
Full proposal details can be found here on Google docs or the IPFS saved PDF here.
Telegram discussion group: @parachainstaking
Comments (8)
Proposal Passed
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Nay (9)0.0 PAS
Comments (8)
Beautiful simple idea with precedent and high potential for ecosystem-wide impact, driven by community.
I am not sure to understand the intention correctly. You mention that this could be a replacement for crowd-loans to gather project funding - yes. But how does it relate to treasury grants?
Getting a nomination-based % of inflation is not a very strong promise for grantees. I think in this case, it would still be better to have Treasury instalments, that pays out grants in chunks on a monthly basis. This still gives the Treasury the possibility to intervene on non-delivering projects.
Also what is the priority on this? Expected timeline? How important do the voters think this feature is on a scale 1/10?
Beautiful simple idea with precedent and high potential for ecosystem-wide impact, driven by community.
I am not sure to understand the intention correctly. You mention that this could be a replacement for crowd-loans to gather project funding - yes. But how does it relate to treasury grants?
Getting a nomination-based % of inflation is not a very strong promise for grantees. I think in this case, it would still be better to have Treasury instalments, that pays out grants in chunks on a monthly basis. This still gives the Treasury the possibility to intervene on non-delivering projects.
Also what is the priority on this? Expected timeline? How important do the voters think this feature is on a scale 1/10?