Lotto Multichain dApp - Discussion

Big Spender
16d ago
7 Comments
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0.1%Aye
100.0%Threshold
99.9%Nay
Aye
29.59KDOT
Nay
36.71MDOT
  • 0.0%
  • 0.0%
  • 0.0%

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Support0.00%
18.53KDOT
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1.52BDOT
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Dear @Lucky Team,

Thank you for your proposal. Our vote on this proposal is NAY.

The Big Spender track requires a 60% quorum according to our voting policy. This proposal has received zero aye and ten nay votes from ten members. Below is a summary of our members' comments:

The referendum faced unanimous opposition, with members criticizing the proposal for its lack of alignment with Polkadot’s vision and its reliance on a high treasury ask without a clear revenue model. Concerns included the potential to attract short-term users rather than long-term contributors, regulatory and transparency issues, and the significant risks associated with blockchain-based lotteries. While some acknowledged the concept’s potential, they suggested starting with a smaller, automated system and incorporating community feedback. Overall, the proposal was widely viewed as impractical and misaligned with the ecosystem’s goals.

The full discussion, along with individual members' votes and comments, can be found in our internal voting.

Kind regards,
Permanence DAO

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