Since the majority approved the creation of a Reserve List in the previous Poll here , the final question is the Project Quorum to be adopted to create the Reserve List: poll

90% for me. I’m against the reserve list in the first place as it introduces wiggle room for exploitation, but i can see value in proposals that almost made it. E.g. they presented good enough case to get to that %.

the problem is that tons of proposals leads to a ton of splitting of votes. since there’s no ranked choice system (meaning if one of my votes obviously doesnt get funded, it gets rolled into another one), there are always going to be tons of projects that dont get anywhere near 90%. i feel like the …

adding the 90% option means people who didnt want a projct quorum at all will vote that and i dont know if the reserve list will have any substantial effect if 90% wins

agree with you, the voters of the Poll #2 should have their voice also here in order to balance this.

I’m against the reserve list. But if you must have it, then it has to be 90% at least. I don’t understand the concept behind a reserve list in the first place… If a project fails to get 100% votes this period, can’t they propose again next period? - is this not allowed? A serious project with a s…

Remember that there used to be a grants program and there has been next-to-zero new grants funding flowing to the ecosystem since AlgoGrants closed in March 2022. AF’s mission is to support the ecosystem, so having an xGov process that doesn’t actually reward grants would run counter to that missio…

I agree with you that the goal is to grow the Algo ecosystem no doubt and funding is certainly required for this to happen. If you take zero shots, you can never score. However, only quality and serious projects should get funding or projects that pass via community votes - this is the purpose of …

I think the issue is that since there’s no roll up of lost votes, it might be difficult to get to higher percentages. I think a super majority should be good enough.

[image] Rambutan: A serious project with a serious team looking to build genuine products will not use XGOV as their primary source to raise funds, mind you. A serious team and project will easily get funding from elsewhere given their business plan is sound. Please cut the crap. THE UNFORTU…

That i can agree with and confirm that this is the VC sentiment we gathered. Also Algorand Ventures will only invest if youget ANOTHER lead investor, e.g. near impossible to get funding if you are in algo atm. However i still think that serious project with good plan will not have problems passing…

Poll #2.1 xGov Voting Mechanism Improvement Proposal: Project Quorum Definition

Governance Discussions

Rambutan October 23, 2023, 3:12am 20

The blockchain movement has not even started. Or if it has, we only 5% in…

Bitcoin movement is very different to blockchain movement. BTC started long time ago.

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Poll #2.1 xGov Voting Mechanism Improvement Proposal: Project Quorum Definition

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