Tip to NRL for creating vDOT Minting guide

20hrs 5mins ago
6
Rejected
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200DOT
Status
Decision7d
Confirmation10mins
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0
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0%Aye
50.0%Threshold
100%Nay
Aye
2,303DOT
Nay
32.09MDOT
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support0.00%
21.78KDOT
Issuance
1.56BDOT
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Hi, Thomas, community Lead of Bifrost

People should vote NAY to this tip proposal.
1/ It doesn’t worth 200 DOT.
The whole documentation is available on our docs here
https://docs.bifrost.io/dapp-tutorials-and-use-cases/liquid-staking-on-bifrost
and in our support website here
https://notion.bifrost.io/Stake-DOT-and-get-vDOT-84b4cd300c67427ab3da69f15b30738b

2/ The post is inaccurate. Step 4 is wrong and misleading for users.
YOU DON’T NEED BNC ON BIFROST FOR FEES.
-> we have flexible fees, just bring DOT that’s all you need.

3/ The post has very little engagement.

4/ The cost for the tweet is overestimated.
I mean even Wagmedia wouldn’t have compensated this tweet for such an amount. On average, it would have been maybe 30 DOT maximum based on Wagmedia.

5/ Bifrost is running a Yapper campaign with 50 000 BNC (season 2), so this tweet falls under the eligibility. The content creator may receive around 700 BNC maximum for such a tweet (basic one), around 100$ not more.
Not even sure it would be selected because it’s super basic.

So I’d like to thank Ethan for pushing content creators to produce some contents for Bifrost, but not at all cost.
The Treasury shouldn’t be involved here, please let’s not start another KOL battle to spend such a crazy amount of DOT for a basic tweet, that’s not a good signal for Polkadot and also for us at Bifrost.

if the initiative is good, and we are thankful for that, we’d like the community not to support it for all the reasons described above.

Thx in advance.

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Up 5

Dear Proposer,

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

The Small Tipper track requires 30% participation and simple majority of non-abstain voters according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received one aye and six nay votes from nine available members, with one member abstaining. Below is a summary of our members' comments:

In the referendum, the majority of voters expressed their opposition to the tip request, citing concerns about its accuracy and relevance, particularly referencing existing community efforts and documentation. Many aligned with the critical comments made by others, emphasizing the potential risk of setting a precedent for future, less substantial requests. While one voter acknowledged the effort behind the proposal, they raised concerns about the implications of supporting short-form content. Only one voter supported the request, appreciating its aim to engage a new audience.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort IV Delegate

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