Jan 19
Oversight Community participant criteria
When the Oversight Community was first established it was a voyage of discovery. In the decentralised world it would be hard to justify a rigid set of rules about who can take part set by one of the founders, it needed to be a consensual process in the spirit of a self-sovereign community.
The first participants of the Oversight Community got involved pre-launch and are a diverse set of people with different interests and a geographical spread and over the first six months the Oversight Community has developed the process through discussions and building consensus.
It is important to note that the Oversight Community has a defined set of responsibilities and is not the body that “controls” Tgrade.
The Oversight Community responsibilities are set out in the constitution and can be summarised as follows:
- New participants
- Remove participants (with options on what to do with the escrow)
- Allocate Engagement Points
- Sanction validators who are in breach of the Code of Conduct
There is also a requirement that participants of the Oversight Community identify themselves to avoid scenarios such as Sybil attacks where one person could control the Oversight Community through multiple identities.
In return for the work done the Oversight Community participants are rewarded in tokens from the block rewards.
The processes are now in place to evaluate applications for Engagement Points where the applications are assessed at the beginning of each month and voted on. There are some good discussions taking place within the Oversight Community on how to improve the processes and how to communicate.
A recent discussion was on the criteria of new participants to the Oversight Community. The informal approach seemed to be too subjective and there is consensus that there should be a set of guidelines for participation of new members.
The following guidelines have been drawn up for prospective members and it is seen that this process will be refined as more is learned about how it works in practice.
- Disclosure of identity is required, note this is not a formal KYC type process but sufficient information about a person needs disclosing.
- An interest in Tgrade. Prospective participants must express a reason why they want to join.
- Declare any potential conflicts of interest. This will be checked by the Oversight Community.
- Declare area of expertise and how they can contribute. This can be technical, legal, marketing etc.
- Commit to actively participating. Inactive participants will be removed from the Oversight Community and they may have their escrow slashed.
- There is a requirement to deposit 5,000 TGD as escrow in order to activate their participation.
There is also a discretionary element that the Oversight Community will apply, for example if there were a large amount of applications it may be considered detrimental for the running of the Oversight Community to have a large intake of new participants.
The Oversight Community is not actively recruiting at the moment but it was felt that clarifying the requirements for joining and making this transparent is the right thing to do.
Get in touch with the Oversight Community at https://discordapp.com/channels/844486286445903872/939066215337431051
