This is not a proposal or even an idea for something.
I want to hear your opinion on project(s) using token allocated to their project to boost their delegate voting power.
In GF Phase 0, top three project got 21M OP(9 + 9 + 3) token and if they choose to delegate those token to themselves, it will lead to centralization in DAO which will hurt us all and might cause bias in DAO which is even bigger problem.
Maximum number of voting we have seen so far was in GF Phase 0 when we saw 20M votes.
Imagine 2 delegate holding voting power of 18M which can guide any voting decision in their direction.
- They should use the token for distribution plan mentioned in their proposal.
- All delegate must follow the same process, create the profile and users would choose anyone they want. At least give them a chance ?
- I know it will be diluted slowly but it will take a year and I think, its enough amount of time to do the damage of early stage gov such as ours.
I am not against on person holding too much power, that’s a different discussion, I am questioning the approach.
Better or ideal approach would be distributing the token as they seems fit as per their proposal plan and once its diluted, users will get a chance to choose their delegate. At least give us, a retail user, a chance.
What is your view on this ?
Why this thought and discussion? because of this uptick I saw on Dune.
Now, from my last experience, this is not directly towards anyone and please avoid name calling.