Token House participation and incentives: an extended analysis

Hi @Joxes

Thank you for taking the time to write this. You and your team have summarized it quite well, and I appreciate the acknowledgement of my effort.

Reviewing proposals asks for a significant time and effort commitment. Getting more input from the collective, via some incentive, would add value to this governance.

I was not even included in the season 3 retroactive reward, but it does not stop me from contributing, with my limited knowledge, to our governance. If I didnโ€™t talk about this at the time, I donโ€™t see any point in talking about it right now.

While some reward could help others to attend web3 related conferences in real life, for others, it could act as motivation to contribute, which is just fine and should be encouraged.

Our already existing process is quite good, i would only suggest a small change : X + Y = Z (reward)
X = (voting power + activity on the forum + on-chain voting)
Y ?? Some changes to include new/low voting power delegates (again, I could possibly be on the receiving end of this, so leaving it for others to fill)

Another approach would be rewarding delegates for their contributions via RPGF. The challenge here is the missing context. Citizens not active in our governance would not be able to properly reward the delegates because of a lack of context. What we get is one page to write about our efforts, and at the end of the page, we are one step away from pivoting RPGF to a selling pitch. One with better writing and presentation skills will have leverage over others.

we must propose new incentives

The challenge is quite apparent. If announced in advance, we could see a boost in new users and delegates and quite possibly more noise. Remember the Connext proposal thread; creating an account here is free and takes only a few clicks. With a framework in place, we might be able to filter the noise from contribution.

I am always in favor of bringing more motivated individuals to our governance and giving them a stage to present their thoughts and ideas.

  1. We just had Tally sponsored DAO event, I dont have metric to to check if its was success or not, CoinBase is also encouraging users to delegate(from their wallet). Perhaps, we could do something like Uniswap that was a huge success for them.

  2. Participation will improve if we reward them, not necessarily in $$

  3. One suggestion would be to check their rational when they vote, not to name shame but voting for only 1 proposal under an intent when many are nominated raise question, specially when its delegated to you from Foundation. Accountability is missing from all DAO, providing rational will boost accountability.

  4. Education; share about Optimism and superchian where you can. Not just the good but bad and ugly side as well. We are working on iteration and should accept our mistake equally.

  5. In long term, Citizen house. In current form, foundation is doing an excellent job.
    Compensation and reward, I will leave for others to decide.

5 delegates (yellow) belong to the Protocol

Seriously ? only 5. We should work on this, I did gave them a nudge but not enough.

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