RE: SPS DAO - We Only Move Forward Through Compromise

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I like your thoughts. At the same time, we need to be very careful to not become an oligarchy. The way SPS DAO is built won't prevent that. I assume this is a conscious decision, because there would've been other design options.

If compromise leads to "the whales know the way", we have to be even more careful. I personally believe we should just pay attention to that.

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Many have discussed this point.
One idea: have a one-account = one-vote mechanism in addition to Staked SPS. This would work with the current KYC program launched for KYC tournaments. KYC account = 1 vote.

For any proposal, it requires 50% vote from KYC accounts to get to DAO vote, then it is 2/3rds of staked SPS vote to pass.

While there are many die-hard Web3 purest who resist KYC, those types can load up on Staked SPS to still have significant voting power.

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Compromise simply means that everyone has to realize that they must find solutions that take into account what others care about too.

ps... I agree with VetteV's idea below and I think many other SPS holders would too.

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Thanks Dave. I appreciate your reply and the openness to develop the system further.

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Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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