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WANTED! DED Votedrop.

usersaxemberg
a year ago

An entity willing to create the scripts that will reward addresses that voted in proposals that requested DED within a time frame with a portion of the DED tokens available in the treasury. We are currently aiming for 6 months. An important note is that the payments will be only made in DED so no DOT, USDC/T can be requested for this job so that foreign tokens can be self-sustainable and don’t depend on the liquidity of stablecoins, native DOT or even other tokens.

Interested parties please state your requested amount in DED and we will be in charge of creating the referenda.

This goes in line to the GaaS idea recently proposed by us on the Polkadot forum.

https://forum.polkadot.network/t/gaas-governance-as-a-service-oursourcing-governance-to-polkadots-opengov-a-master-plan-for-tokens-airdropped-to-the-polkadot-treasury-or-any-treasury/10169

Comments (1)

a year ago

Having seen Ramsey be the mid-wife of DED in March and with us playing a similar role in being the mid-wife of MYTH for 643 

https://github.com/colorfulnotion/mythos-airdrops/

we'd be happy to do it for...
314,159,265 DED

Less than Lunar's 1B, so, it must be a good deal, right?  I'll bet a 10x developer will do it for 10x less so...

We think DED is not DED if the owner/issuer/freezer/admin is the Treasury instead of the DED Foundation, or what @JoePetrowski pointed us to recently, slated for Q1 2025:   

https://github.com/paritytech/polkadot-sdk/pull/4150

The idea of airdropping tokens for every voter according to some formula is something we have modeled in Dune directly already.   Our team knows how to do very well, but we'd leave the weights and formula up to you =).   Doing it 6 months for every 28 day period for an "official Polkadot coin" is kind of neat; a weekly process "Manic Monday" is 4x more work but may be more effective for getting real dopamine reflexes going.   

If the above control transfer cannot be done meaningfully, then starting over with another token without all of 2024 emotional baggage may be useful.

Still find memecoins "useless" but this Token2049 talk here https://x.com/MustStopMurad/status/1839732601759641960 made me wonder about their "utility" which is summarized here:

image.png

so ... glad you're trying to resurrect the DED =)

DV Badge
a year ago

@sourabhniyogi 

Sure, if Ramsey is in and it can be pulled off then let's go for it. Just some explicit details are required first about the amount of DED that has to be liquidated into DOT for the votedrop as well as the proportion of the treasury destined for the votedrop itself plus the DED destined for referenda. We were thinking to make it easy and go 50-50 on these so further changes can be done down the road. Let's hear about these issues and we can move to the votedrop design referendum.

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