Suggested CDF EmCom Proposal Approval Flow
After a proposal has been vetted and the EmCom is prepared to recommend it, the proposal will be placed before the community for approval. This approval process will not, and should not in most cases, be as difficult as a referendum.
Key features required for a successful approval process:
- Transparency;
- High cost for manipulation;
- Reflection of community will;
- Speed; and,
- Reduction of voter apathy or burn-out.
Approval Thresholds:
The best solution found so far is voting by staked tokens. Voting will be on chain but to meet the features listed above, the CDF EmCom will establish voting thresholds based on project size. The goal is to balance practical levels of voter responses with high enough barriers to manipulation — while at the same time reducing voter burnout. This will be an iterative and incremental process. (NB, the exact levels cannot be decided in a vacuum; there is a need to get real data first.)
The EmCom is considering the following table to grow from:
[1] Other proposals by proposing party or related parties should be examined to make certain there is not a case of “structuring”.
[2] i.e., 50.000001/49.999999
[3] There is room for possible abuse, obviously. These cases should be used sparingly and for very simple, one-off projects.
[4] i.e., 55/45
