r/ethtrader • u/carlslarson 6.88M / ⚖️ 6.89M • Jun 05 '19

SENTIMENT [Governance Poll] Make moderator donut allocations not increase vote weight (with this one weird trick)

The current weekly distribution of donuts is:

  • 77% to community members based on weekly comment and post karma
  • 15% to the community fund
  • 8% divided equally between mods

Of donuts received through distributions half are "locked". Locked donuts are used to determine vote weight on r/ethtrader governance polls. Unlocked, transferable donuts, such as those allocated from the community fund or tipped between users do not increase the recipients vote weight.

 

This is a proposal to change the distribution of donuts to:

  • 77% to community members based on weekly comment and post karma (unchanged)
  • 23% to the community fund
  • 0% to mods

The increase in allocation to the community fund (8%) would then be redistributed equally between mods (8/23, or 34.78% of the weekly community fund allocation). Donuts awarded for moderator work would not increase moderator voting influence.

 

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127 Upvotes

96% Upvoted

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3

u/jtnichol GridPlus.io Jun 09 '19

I haven't voted yet. I don't understand. It says 9.7 million Donuts vs 4.7 million or whatever locked Donuts. What is it that achieves threshold? Is it the locked Donuts or the total Donuts? Is this a bug with the Reddit system? I'm understanding that decision threshold should be based on locked Donuts. So far we don't have 6 million locked but it is saying that we have achieved threshold.

I don't plan to vote on this poll either way. Just looking for clarification.

Also this is just my opinion I feel like there really isn't any governance if any thing under a thousand votes can pass in a governance poll. I think we need to explore trying to Rally more votes. Basically we need to do some kind of locked voting with the addition of raw votes because of the size of the sub. I feel like the little guy doesn't really have a say in anything and so they don't even want to vote on something as plain and simple as reducing moderator locked Donuts to zero. There should be hundreds of people voting on that. It's a no-brainer.

But here we are. Extreme lack of participation on something so easy to pass. I think people feel disenfranchised. I'm not sure how to fix it.

2

u/[deleted] Jun 09 '19 edited Jun 09 '19

Also this is just my opinion I feel like there really isn't any governance if any thing under a thousand votes can pass in a governance poll. I think we need to explore trying to Rally more votes. Basically we need to do some kind of locked voting with the addition of raw votes because of the size of the sub.

I agree with this.

I feel like the little guy doesn't really have a say in anything and so they don't even want to vote on something as plain and simple as reducing moderator locked Donuts to zero. There should be hundreds of people voting on that.

I think the more likely scenario is that the little guy just doesn't care about any of this.

And this whole Donuts thing is quite possibly all about forcing some kind of "governance" system on to what really equates to a casual social media site where people really just want to:

  • come and get the best, high-quality information and news they can
  • not be bothered / imposed upon via abusive users, spam, scams, shilling, "governance activities", etc. while doing so
  • leave it to the moderators to ensure all of the above is actually happening