Polkadot Governance (some ideas ...) Reduce Whale power, No pain no Gain for treasury use

3mos ago
1 Comments

Proposal for Improving Polkadot Governance

Introduction

In order to enhance the efficiency, fairness, and transparency of Polkadot governance, I propose a series of measures aimed at improving the clarity of proposals, holding head ambassadors accountable, and balancing the influence of votes. This proposal is the result of in-depth reflections and contributions from the community, aiming to create a more democratic and inclusive decision-making environment.

1.** Simplification of Proposals**

Objective: Ensure that all proposals are accessible and understandable to the entire community.

Measures:

Mandatory Simplification Criterion: Each proposal must include a simplified summary, clearly explaining the objectives, action plan, and expected impact. Proposals that do not meet this criterion will be sent back for revision.

Q&A Sessions: Organize question-and-answer sessions for each proposal, where project proponents can explain their initiative and respond to community questions. These sessions will be recorded and made available online.

Standardized Documentation: Create a standardized format for proposal submissions, including mandatory sections for the simplified description, objectives, action plan, and expected impact.

  1. Introduction of a Step-by-Step Process

Objective: Structure the proposal validation process to ensure their relevance and feasibility.

Measures:

Pre-Proposal Phase: An initial phase where ideas are discussed and refined on public forums or dedicated platforms. (already exists)

Technical Validation Phase: Proposals undergo technical evaluation and feasibility analysis by independent technical experts. (fellowship?)

Preliminary Vote Phase: Once technically validated, a proposal can be submitted to a preliminary community vote to gauge general interest.
Planning Phase: A detailed plan and budget must be developed and approved by another panel of experts.

Final Vote: The complete proposal, with planning and budget, is then submitted to a final vote.

  1. Quadratic Voting for Fairer Voting

Objective: Reduce the disproportionate influence of large token holders and encourage more balanced participation.

Measures:

Implementation of Quadratic Voting: Adopt the Quadratic Voting system where the cost of votes increases quadratically based on the number of votes cast. This reduces the influence of large token holders (whales) and encourages more equitable participation.

  1. Accountability and Performance of Head Ambassadors

Objective: Ensure that head ambassadors effectively fulfill their mission of education and community engagement.

Measures:

Performance-Based Reward System: Introduce a performance-based reward system for head ambassadors, linked to indicators such as community engagement, quality of information provided, and positive community feedback.

Community Feedback: Implement a regular feedback system where the community can evaluate the work of head ambassadors. These evaluations should be transparent and influential on their compensation.

Continuous Training: Offer continuous training and resources to help head ambassadors improve their communication, simplification, and community engagement skills.

Rotation and Renewal: Establish a regular rotation system for head ambassadors to ensure fresh perspectives and prevent complacency.
Conclusion

This proposal aims to improve Polkadot governance by making processes clearer, fairer, and more transparent. By implementing these measures, we believe the community will be better equipped to make informed and relevant decisions, thereby strengthening the democracy and efficiency of our network.

This proposal can be adjusted based on community feedback before official submission. It aims to encourage open and constructive discussion to achieve optimized governance for Polkadot.

With my best wishes for Polkadot
Kbconsulting45

Up
Comments
No comments here