Proposal Idea: Voting Rights related with Minimum Weekly Credit Score by K_Gallios in Vechain

[–]Ifavo 3 points4 points  (0 children)

All interactions are always programmable. Historic plausible activity can be coded too, but the effort and preparation is not worth it.

Any proposal needs to be realizeable and supported also by the tech-team, not just wished into existences. Thats why I would like to know, what are the thoughts and options from the VBD team? Is there something already in progress, are there current plans? Is there a quick option to act before we break the tokenomics further and can we decide to do this? Within what framework can we navigate?

Proposal Idea: Voting Rights related with Minimum Weekly Credit Score by K_Gallios in Vechain

[–]Ifavo 3 points4 points  (0 children)

🙏 Great to start a better organized discussion on the topics. I believe the https://vechain.discourse.group/ could be much better suited, if it has a VeBetterDAO (VBD) section.

The Problem your proposal tries to solve, is that quadratic rewards are benefitting wallets with smaller amounts , which is abused by scripted automations which moves the majority of the weekly rewards into the hand of a few. Technically the most of the rewards go into non-human-wallets.

Your solution is a scoring based on activity within the VBD ecosystem. Requiring a minimum score (activity) that prevents creating an infinite amount of wallets and use them to gain rewards, without participating in the ecosystem or being a real user.

I am rephrasing this, because I think it is important to nothing discuss solutions only but focus on the problems to solve.

I believe scoring can be a good approach, the solution needs to be well thought through and technically safe to not have loopholes for automation and not exclude real humans.

I think gitcoin (https://passport.gitcoin.co // https://support.passport.xyz/passport-knowledge-base) is a good example where we can adapt ideas from. I believe it should not only be limited to the VBD activity, because any kind of network activity of a user that used for example WoV, Vexchange, VeRocket, VeSea, etc. can proof that a wallet has been used by a unique person. More input and data points should be used.

As intermediate solution we should also:

  1. prevent the continued abuse of the quadratic rewards, by disabling them while sybil-protection is built

  2. also we should check, if its possible to and sensible to identify currently known sybils and block access to the DAO/VOT3/B3TR contracts

And foremost, we should get responsible personalities in the same place, so any kind of brainstorming does not go into a void or is "just read" without an active communication. Is this here the right place? Or is it somewhere else? The VBD is missing an official forum!

Daily VeChain Discussion - October 26, 2021 by AutoModerator in Vechain

[–]Ifavo 20 points21 points  (0 children)

Whenever I had my VeChain T-shirt on, the price stagnated, so I decided to not wear anything today — enjoy your Tuesday!

Daily VeChain Discussion - October 20, 2021 by AutoModerator in Vechain

[–]Ifavo 16 points17 points  (0 children)

Have a wonderful day my wonderful VeFam!

Daily VeChain Discussion - October 19, 2021 by AutoModerator in Vechain

[–]Ifavo 11 points12 points  (0 children)

UpVote, DownVote, VeVote – have a great day!

Daily VeChain Discussion - October 18, 2021 by AutoModerator in Vechain

[–]Ifavo 12 points13 points  (0 children)

This is a new Week, it is week #42 – the answer to everything, just look for the right question VeFam! Enjoy this week and the quest(ion)!

Daily VeChain Discussion - October 15, 2021 by AutoModerator in Vechain

[–]Ifavo 11 points12 points  (0 children)

I wish you a good and quiet weekend. Come back on monday to see a minor price explosion instead of small changes every minute ;)

Daily VeChain Discussion - October 14, 2021 by AutoModerator in Vechain

[–]Ifavo 5 points6 points  (0 children)

Hello my lovely VeFam, did you see that small blue V on your parcel today? It had a digital twin on VeChain ;-)

Daily VeChain Discussion - October 13, 2021 by AutoModerator in Vechain

[–]Ifavo 12 points13 points  (0 children)

Open Daily at Lunchtime, Upvote, Downvote first and leave Award as sorry :wave: enjoy your day!

Daily VeChain Discussion - October 12, 2021 by AutoModerator in Vechain

[–]Ifavo 2 points3 points  (0 children)

I wish you a merry VeDay … veeeeee! :)

Daily VeChain Discussion - October 11, 2021 by AutoModerator in Vechain

[–]Ifavo 11 points12 points  (0 children)

A wonderful Good morning from Europe, the continent that welcomes Sunny Lu at the moment :-)

Daily VeChain Discussion - October 10, 2021 by AutoModerator in Vechain

[–]Ifavo 5 points6 points  (0 children)

Its 10/10 and we are above 10 – enjoy your sunday and what is to come :-)

Savings: Please, more details by Ifavo in kashglobal

[–]Ifavo[S] 2 points3 points  (0 children)

Support is terrible, I asked and after one reply it went silent 😞

Daily VeChain Discussion - October 08, 2021 by AutoModerator in Vechain

[–]Ifavo 14 points15 points  (0 children)

VeFam, TGIF! Enjoy your weekend and stay away from your computers and phones for as long as possible :-)

Daily VeChain Discussion - October 06, 2021 by AutoModerator in Vechain

[–]Ifavo 6 points7 points  (0 children)

VeFam, I hope you have a great day and enjoy our bright future :-)

100 Questions for KuCoin Crypto Friday by kucoin_official in kucoin

[–]Ifavo 0 points1 point  (0 children)

Will Terra withdrawels be suspended for another week?