Optimism Retro PGF ranking voting system implementation

[DSPYT]

Request Summary:

This proposal suggests a fundamental shift in the governance distribution process on the Optimism network inspired by

RetroPGF Experimentation: Voting Algorithms

Maybe there is a misunderstanding. I am suggesting badgeholders rank projects (1st, 2nd, 3rd, etc) instead of giving an OP amount (20k OP, 100k OP, etc). If you look at the results, A LOT of projects got ~50k or ~100k OP… basically round numbers, cause giving a specific number to each project is hard. I think it would be better for the distribution if badgeholders were tasked with ranking projects instead of giving them an OP amount. In many ways it requires more critical thinking. They would…

Instead of assigning specific OP amounts to projects, badge holders will be tasked with ranking projects based on merit. This ranking system aims to remove the complexity of assigning OP numbers, foster critical thinking, and provide a more qualitative evaluation of projects.

The underlying concept is that impact is inherently difficult to quantify and requires a more nuanced approach, which the ranking system facilitates.

Additionally, educational content creation will be undertaken on the DSPYT website to help badge holders understand the new ranking system and its significance. Ranking permits badge holders to bypass the quantification.

Specification

How will this request help accomplish the above Intent?

This request aims to revolutionize the governance distribution process on the Optimism network by proposing a shift from assigning specific OP amounts to a ranking system.

RetroPGF Experimentation: Voting Algorithms

Maybe there is a misunderstanding. I am suggesting badgeholders rank projects (1st, 2nd, 3rd, etc) instead of giving an OP amount (20k OP, 100k OP, etc). If you look at the results, A LOT of projects got ~50k or ~100k OP… basically round numbers, cause giving a specific number to each project is hard. I think it would be better for the distribution if badgeholders were tasked with ranking projects instead of giving them an OP amount. In many ways it requires more critical thinking. They would…

The proposal aligns with Intent 4: Improve Governance Accessibility by encouraging a more nuanced and qualitative evaluation of projects, fostering critical thinking among badge holders. Additionally, educational content creation on the DSPYT website will provide guidance and understanding of the new ranking system.

What is required to execute this request?

To execute this request, the following steps will be undertaken:

1. Analyze retro PGF 1, 2, 3, test, and propose and implement a new ranking system for badge holders to evaluate projects.

2. Develop educational content which we will publish on the governance forum and Twitter as well as on the DSPYT website to help badge holders understand the new ranking system and its significance.

Expected Deliverables:

1. Ranking System Implementation: Propose and implement a new ranking system for badge holders to use in evaluating projects.

2. Educational Content Creation: Develop educational materials on the DSPYT website to help badge holders understand the new ranking system, foster critical thinking in project evaluation, and provide guidance on how to effectively rank projects.

3. Community Communication: Communicate and educate the community about the updated governance distribution process and provide resources for further understanding.

How should the community measure progress towards this mission?

The community can measure progress through the following metrics:

1. Community Adoption: Monitor the adoption rate of the new ranking system among badge holders.

2. Feedback Collection: Gather feedback from the community regarding the ease of use and effectiveness of the new ranking system and educational materials on the DSPYT website.

How should badge holders measure impact upon completion of this mission?

Badge holders can measure impact through the following indicators:

1. Improved Governance Understanding: Assess whether badge holders have gained a better understanding of the governance mechanisms on Optimism.

2. Participation: Evaluate the increased or sustained participation in the governance distribution process.

3. Quality of Rankings: Assess the quality and depth of the rankings provided by badge holders, reflecting critical thinking and qualitative evaluation.

4. Educational Engagement: Measure the engagement with educational materials on the DSPYT website and the depth of understanding demonstrated by badge holders in their evaluations.

Additional Information:

DSPYT - CodeVerse:

DSPYT is a community-driven platform within CodeVerse, designed for individuals passionate about exploring the latest trends in data science, sharing insights on blockchain technology, and actively participating in governance forum discussions on Optimism, Arbitrum, and Gitcoin.

Won bounty from Gitcoin and Ocean marketplace, submitting Gitcoin Beta Round Data Analysis:

DSPYT: Data Science with Python

GitcoinAnalysis - Project Page | buidlbox

We completed the Filecoin grant with a decentralized badminton-centered dapp on IPFS and Polygon Blockchain: GitHub - BadmWe/WebBadminton: Decentralized badminton centered dapp on IPFS and Polygon Blockchain.

Besides, Gitcoin Grants analysis achieved 2.6k views and 40 likes: Lifetime Gitcoin Grants Data Analysis and Hypothesis Testing

As a decentralized autonomous organization shaping the future of blockchain governance and programming, our platform encourages users to discover, collect, and curate valuable blockchain and programming-related content alongside like-minded individuals.

Noteworthy Achievements:

In just 16 months, DSPYT has captivated audiences with 413k Google impressions and 15.3k clicks.

Data from ahrefs

2022 views for http://dspyt.com in the past 28 days

Data points on user experience score using Vercel speed insights

Dspyt DAO

Our content spans various themes, catering to a diverse audience with a keen interest in data science, blockchain technology, and programming.

For example:

Simple Returns, Log Return, and Volatility: A Simple Introduction

Clicks: 5,511

Impressions: 79,322

[Gonna.eth]

Hi @DSPYT The time to propose a Mission request has passed you had until Jan 17th 7 PM UTC.

Mission requests can only be submitted by one of the top 100 delegates.

[pfedprog]

Transitioning from Specific OP Amounts to a Qualitative Ranking System for Badge Holder Evaluation of Projects

• Shift in Governance Distribution Process:

  • Proposal suggests a shift from assigning specific OP amounts to a ranking system.
  • Aims to remove complexity, foster critical thinking, and provide qualitative evaluation of projects.

• Educational Content Creation:

  • Undertaking educational content creation on the DSPYT website to help badge holders understand the new ranking system and its significance.
  • Ranking permits badge holders to bypass the quantification.

• Execution Steps:

  • Analyze retro PGF 1, 2, 3, test, and propose and implement a new ranking system for badge holders to evaluate projects.
  • Develop educational content for the governance forum, Twitter, and the DSPYT website to guide badge holders in understanding the new ranking system.

• Progress Measurement:

  • Community adoption and feedback collection are key metrics to measure progress.
  • Badge holders can measure impact through improved governance understanding, participation, quality of rankings, and educational engagement.

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