Proposal “gc-dash-boost“ (Active)Back

Title:Dash Boost: Expanding the Treasury's Reach
Owner:greencandle
One-time payment: 158 DASH (134333 USD)
Completed payments: no payments occurred yet (1 month remaining)
Payment start/end: 2018-01-17 / 2018-02-16 (added on 2018-01-07)
Final voting deadline: in 10 days
Votes: 351 Yes / 77 No / 4 Abstain
Will be funded: No. This proposal needs additional 176 Yes votes to become funded.
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 496842857731a1851fd42ac2e9c14de694003546e858838f0bc4bc070fd77ab7 funding yes

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Proposal description

Dash Boost: Expanding the Treasury's Reach
TL;DR: Build a micro proposal system to enable low budget proposals 'mirco-proposals' access to funds outside of the traditional scope of the treasury.

  • Lower barrier to entry for submitting proposals due to lower fees
  • Increase in (micro) proposals which can unlock creativity and innovation
  • Implementing a democratic structure that puts decision making power in the hands of the broader community base
  • Adds well needed infrastructure to the Dash community
  • Puts unused GreenCandle funds into the community for the community voting with lower thresholds and more community involvement
  • 1 Dash Proposal Submission fee
  • 1 Dash = 1 Vote
  • This will start as an MVP that is built with community feedback. Please read the Tech Spec to understand what we already have planned and keep in mind that we are open to feedback to make this a product a success.
Proposal: https://docs.google.com/document/d/11uGaDXOFttoWrlrBOPKKcqaNN90A2B2qhjvRr693UVM/
Tech Spec: https://docs.google.com/document/d/1Kw1KuD8ACD86FTmRdfldcDSTUnHg_iq0lM_LpO-hxf0/
Pre-proposal: https://www.dash.org/forum/threads/pre-proposal-dashboost-funding-small-projects.24031/


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Discussion: Should we fund this proposal?

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1 point,1 day ago
OK, I'll vote yes, but frankly, I think for micro proposals, a group like Green Candle should vet the proposals, and pay for them, instead of sending them to a MN vote. Because we need people we can trust to make these decisions and follow the progress. Rather than have MNOs go through all the little projects all the time. Handing off that work to other entities, many such entities like Green Candle, is a better system. That way we can evaluate how YOU are doing and the projects funded and managed by YOU and simply go through reports by YOU to see if we will fund again. This brings projects under more immediate scrutiny (YOU would be the boss) You being GC. It's simpler with less waste of funds via proposal fees that just get burned.
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0 points,4 days ago
158 is a lot of Dash to fund micro proposals. And just for an MVP. I have a feeling that for every 1 Dash we spend on a micro proposal, we'll end up spending 2-5 Dash of treasury funds.
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-2 points,5 days ago
The masternodes provide service to the network and ensure greater price stability (than otherwise) by locking in the collateral. It's the people invested in the currency who should have a vote.

The current masternode system is based on solid economic principles (incentivisation) and is how Dash has fixed the tragedy of the commons problem that plagues Bitcoin and this is what has allowed Dash to succeed the past 3 years.

Why on earth should everyone have a vote? In that case the votes become worthless. IMO this is a terrible idea.
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4 points,9 days ago
I like the idea very much and will vote YES. But I'm interested how you will prevent of someone spamming the proposal? For example: let's say someone has 1 dash and vote. Then send that 1 dash to different address and vote again etc.
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3 points,9 days ago
Hi, olymp. I am the project lead for DashBoost. Great question, currently we are evaluating a solution where every 24 hours, and at the voting deadline, we scan through all the addresses and verify that they still contain 1 dash and adjust vote counts accordingly. This is only going to be an MVP so we are still open to improving the robustness of this piece but are happy to move forward with this plan and address obstacles as they come.
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0 points,3 days ago
Any update? I really would like to vote yes, but it's a waste of time and money if there's no airtight spam solution in place.
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3 points,2 days ago
Hi Photosynthesis, thanks for your interest. Trying to game the voting system by moving around dash is one of my team's lowest concerns. It can easily be removed by checking that the registered address hasn't had its balance changed. And if the balance changed, adjust their votes accordingly.
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2 points,6 days ago
Please keep us updated on solving this problem that olymp brought up. I can't vote yes until I know there's a solid plan in place to avoid the vote spamming. Other than that, I am on board.
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-1 point,9 days ago
Good point!
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0 points,9 days ago
Good Ideas are great but, to make Ideas happen is what counts! Thanks for taking this on guys!! Will MNO have a voting right for micro proposals? I would suggest coins which are locked up in masternodes should be excluded from voting or else small fish won't make much of a splash with voting power of few dash.
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0 points,8 days ago
Excluding MNOs from voting seems insane.
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2 points,8 days ago
If MNO get to vote with the same coins on main network "big proposals" and on "Micro proposals" run by GC. You can forget about wider community participation. MNO could still vote with dash which is not locked up in masternodes. Whats the point to vote for small fish if it's all decided by few whales anyway? Concentration of money and decision making in few hands is likely to alienate wider community.
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1 point,7 days ago
So you're expecting MNO's to vote on a proposal to take away their own voice? Best of luck with that.
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-2 points,6 days ago
That should be the next proposal ;)
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2 points,9 days ago
Wow wowww wwoww we do all in cryptocurrency space with this proposal. This is amazingly awesome and will really bring innovations, real talent to play for community development. I shared an email with Paragon for something similar to this, so glad to see Greencandle doing something great.
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4 points,10 days ago
Voting yes.

One of the features is something you call "fiat locking". I believe this feature will remove some or all of the volatility risk due to the price of Dash shooting up or down after the proposal has been submitted.

While this may be a very desirable feature for a number of reasons, how does it work? It's easy if the value of Dash shoots up. Woooo hooooo, we now have extra money in the pot. But where does the extra value or buying power come from if the value of Dash goes down by 40%?

Exciting!
Carry on, have fun, win!
Solarguy
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-2 points,6 days ago
Yes, in the next proposal MNO's will be excluded from voting ;)
Dont dig your own grave
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-1 point,9 days ago
Please I want to know more about it, I just joint the site.
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-4 points,9 days ago
Poor people are often very always envious. They could destroy dash with their vote
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3 points,11 days ago
Very needed :)
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7 points,11 days ago
Yes!! I read 1 Dash = 1 vote, completely in on this!! Always thought the proposal system should work in that way, this could show that everyone who owns Dash should have the right to vote not only MNO’s. Hope this is successful!
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-4 points,10 days ago
Democratic decisions are not the best decisions because not everybody is competent enough.
I think only MNO's should vote because if you have 1000 dash, you really want the best for dash.
If everybody can vote, their might be to many incompetent voters(statism fiat believers, socialists etc.) who might destroy dash with bad decisions or wants increase total supply of dash etc.
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0 points,3 days ago
So crypto is a democratic revolution in the financial world and since his creation all thing run good without any governance and with a decentralization. So poor people dont choose tho be like that but it arrive with a situation in life, so someone can be poor in money not in his mind. In the same time a poor can destroy dash a rich can make the same. Descision doesnt related to an economic situation, you cannhave a little reason but don generalize the question, all poor arent bad ppl, the pooverty isnt a choosen life statut but a thing create by old rich dictator, anti socialist.
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2 points,8 days ago
Assuming you are MNO, I'm not btw. Just because you have more dash you think that makes you more qualified to vote? You clearly haven't taken your time to even read in detail what this proposal is about before expressing your opinion. Votes on "micro proposals" won't have anything to do with dash core functionality. It's only to receive green candle left over funds.
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0 points,5 days ago
resist the beginnings!
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1 point,9 days ago
good point!
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4 points,9 days ago
Wrong! Everyone who owns Dash is incentivized to vote correctly to increase their Dash worth. This will actually increase efficiency because you get everyone’s opinion, and not just the rich people’s opinions.
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-1 point,9 days ago
Dash should be a payment system not a democracy.
Not everybody should vote because the poor average joe will always vote for a free lunch.
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1 point,9 days ago
The MNO's still have 1000 votes each, and a majority of the coins over all. Most of the remainder is not in the hands of people who are going to vote anyway. Anyone who wants to have a significant impact has to buy a ton of dash. The only issue I see is that it could give exchanges more influence. Though if they wanted it that bad they could setup Masternodes anyway.
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2 points,9 days ago
So just because someone is not significant means they should not vote?

Even with having only 1 Dash, you make up 1/7,800,000 which sounds large but in reality isn’t. if you compare it to the amount of votes for the U.S president, you’re looking at about 150,000,000 votes. On top of that not all 7,800,000 coin holders will be voting so your vote might be 1/1,000,000 or less
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-4 points,9 days ago
Yes but the masses makes ALWAYS socialist votes. Rich individuals which are highly invested in dash makes better decisions
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2 points,8 days ago
Look at the recent passed huobi proposal. MNO’s vote to give away 1,000 Dash. Socialism. Look in the comments and you’ll find me, a non-MNO saying this is socialism and asking to vote no.

Your bias has no truth
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-1 point,5 days ago
i am a libertarian and i hate democracy because not everyone can make good decisions. i do not want that every socialist can vote. most socialists have not enough coins to vote because socialists are to stupid to save money. but with this proposal they can
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-3 points,9 days ago
If you want vote you should BUY 1000 dash. If you cannot afford you should learn to make money.
If every poor socialist could vote, dash will fail so hard
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-3 points,9 days ago
people who can make money, can make good decisions and onley they should vote!!!
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2 points,6 days ago
The trolling is getting old.
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-2 points,5 days ago
you are an envious socialist
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1 point,4 days ago
Good read. You must be a great poker player.
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0 points,10 days ago
Great!
We will learn a lot from this.
Voting YES.
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4 points,11 days ago
I support the idea here because I believe there should be multiple points of entry into the Dash ecosystem for people willing to bring their skills, talents, and passion to help improve Dash in any sort of way.

I had a similar idea back in July, which some of you may remember: Grassroots Crowdfunding System (https://www.dashcentral.org/p/grassroots-crowdfunding-system). It didn't gain quite enough support to pass, but I've continued the work since July at my own cost. The project is called DashRoots, and I'm nearing the first release. I wrote a recent project update here for anyone interested: https://blog.dashroots.fund/2018/01/04/project-update/

During the London Dash conference, I had some productive conversations with some of the Core team about Evo and protocol-level functionality (on-chain decentralised escrow) required to support these sorts of systems going forward, and I'm looking forward to exploring that work via DashRoots right after the first release.

I wish you luck with this proposal. I believe this system can co-exist with DashRoots, which instead aims firmy at being an open platform for grassroots projects; a project needing 0.2 DASH should be made possible by any number (even one or two) of backers who see value in it and are willing to back it. Dash Boost seems to help with the issue of evaluation and the high cost to make a proposal within the current treasury system.

There ought to be a great deal of learning from both Dash Boost and DashRoots (and future such) systems. That's what we need – we need to learn more about how to make our core governance model better, and with those learnings, Core has much more information for making deeper decisions about where Dash goes and what problems to aim at.
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3 points,11 days ago
I don't mind if it fails or works out, this is going to be a great learning experience
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3 points,11 days ago
Agreed. This is worth a try
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2 points,11 days ago
I'm interested to see where this leads, so i'm voting yes.
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2 points,12 days ago
I think such a structure is very much need. Sure it will most likely be replaced by a proper "in-protocol" system someday, but I'm pretty sure this is still years away. Voting yes.
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2 points,12 days ago
Well... Governance will eventually be fixed and allow many more proposals. What you are creating here would be a stop-gap measure till then. I estimate that this would run for about 4 to 5 months until fixes governance system (don't quote me on that, no official timeline yet). While I appreciate your effort here I think that you should amend your proposal and agree to end your service once the Dash governance system itself can be used for small and micro-proposals.

Why is this? What you are doing is centralized, we aim to do the same in a completely decentralized way. (Meaning of decentralized, is that the logic lies in dash nodes and not on a server). Also the fact that you have to register your account with the amount of dash you own is just asking for trouble. While we do do that on dashcentral, the governance system doesn't force you to do that.

You aim to have this out around May 1, I'm not sure if it's worth the effort for just a few months. This could be delayed, however changes to governance could also be delayed.

Not sure how to vote, I trust you guys a lot to deliver and I know you are doing what is best for DASH, but I also feel like the solution just isn't all that good, you could get hacked for example and votes could be changed without you realizing it.
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4 points,12 days ago
This is putting unused GC funds to work for Dash ASAP, maximizing adoption and growth of Dash ecosystem, instead of sitting in purgatory.
People will probably adopt your Governance V2, if and when it comes out. I'm sure it will be great! I just hope there will be a way to comment on pre-proposals.
Until then, we have to make efforts to accelerate growth with whatever means we have using best practices available at the time.
Solid YES from me.
Over to you, Core.
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4 points,12 days ago
Yeah ok, I'll vote yes. I don't understand why people downvoted my original comment, there's really nothing there to disagree with.
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1 point,12 days ago
Great proposal Jeff, I love the idea behind it. This is something that will be definitely useful, but I agree that long term plans need to be more clear in regards to possible integration of Grant Center with Dash Network and Treasury Model as we need to keep cherishing the values of decentralization.
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1 point,12 days ago
I dont know if we can scale the DAO without some sort of delegation like this. Anyway you have a good short term solution, I hope MNOs will support the effort. Voting yes.
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-2 points,6 days ago
Yes, in the next proposal MNO's will be excluded from voting ;)
Dont dig your own grave
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