SPS Governance Proposal - Tournament RF/GF Split Option E
DAO Sponsored Preproposal 2e
Welcome everyone, we're going to be trying something slightly different for the Tournament rework proposals. As we don't have a multiple choice proposal system, we'll be running multiple linked preproposals. The preproposal with the highest stake weighted support after the 7 day preproposal period will advance to a full vote and have a chance to be ratified by the SPS DAO.
The purpose of this proposal is to outline what the rewards split between Regular Foil and Gold Foil tournaments sponsored by the SPS DAO should be going forward. If this proposal passes, all tournament rewards for each format going forward will be split as follows:
- 66% Regular Foil
- 34% Gold Foil
This set of proposals is one piece of a comprehensive Tournament reform. There will be other proposals that address Rewards percentage by format, which formats the DAO wants to sponsor and potentially other issues that could be discovered throughout this process. Those will each be presented in a similar fashion for DAO approval.
Related Information
Current RF rewards per month:
682,836
If this were to pass RF rewards would increase to:
1,232,833
This would be a 80.5% increase to RF rewards.
Current GF rewards:
957,142
If this were to pass GF rewards would decrease to:
635,096
This is a 33.6% decrease to GF rewards.
For context we (myself and several community members) spent 3 months going over this stuff. Below is the "current rewards" and below that will be a bunch of random variations on what could be with each RF/GF split (assuming reward splits which have not been voted on):
I voted no on every single proposal just out of protest of this proposal spamming. I love to have thought-out proposals to have a deeper look into once in a while, nobody has time to go through 10+ of them each couple of days. It also feels like burned DAO assets for nothing.
We passed a proposal to change the DAO Sponsored Proposals (with 95% support). The DAO isn't going to pay for any proposal that doesn't go to a full vote. The multiple choice options are essentially a poll to try to build consensus and have a stake-weighted mechanism for showing people which ideas have any support and which don't. I get that it's a lot, but they're mostly the same thing with different options.
You're free to do what you wish obviously, just wanted to clear up a few things. We're doing it this way now because of all the complaints about trying to build consensus in discord and not having enough reach to get the community fully involved. I pushed for the team to get rid of the pesky notifications so that they would be less intrusive for people that don't want to be bothered.
I fully understand that it's not an easy process, just shared my personal experience.
Good luck with things going forward!
I get it. I was hoping we could develop a stake weighted polling system but in the end the best option I could find that would get the most people to actually engage was to ask for it to be brought on site. It's not perfect, but I do believe it's an improvement from the Discord dungeon we were using. Thanks for the feedback!
Thanks @clayboyn for working at getting these pre approvals more accessible! I definitely feel like it is easier for me to get my vote in and count.