Participation Lotteries on Kusama
rrtti-5220
5 years ago
A new project proposal is open for discussion: a reoccurring lottery system that can be used to drive participation on Kusama network: users who want to opt into this lottery can do so by calling the vote extrinsic wrapped in a buy_ticket extrinsic. While the specification of the system is still being developed, the discussion is open to questions and comments.
The original document can be found here, please add your comments or questions below! You can find here a summary of the first discussions on the Direction Channel:
- In general the proposal is appealing to the community, as it tries to improve a key issue in Kusama Governance: participation, both in the community and indirectly, in the Council level. Linking the Lottery to steer behavior seems to be a good idea.
- A suggestion seems to be to allow more than one winner in order to increase incentivation, added to the idea that seed can always be configurable. On this manner, you can control participation incentives with the seed.
- Some members suggested Polkadot JS Apps could have a switch to wrap (or not by default), improving UX and usage.
- Although this might not be a suitable mechanism to incentivise Council participation by Council Members, it might be an indirect way to commit them to participate on behalf of their passive stakeholders.
- Shawn (proposer of the project) suggests an initial budget of 250 KSM for approximately 5 days of work (~2 weekends), and any additional budget can come from donations if people are satisfied with his work and timeliness.
Comments (10)
We have made comments in the original proposal. Polkascan Foundation will vote in favor of this proposal. We suggest this to be funded through the forthcoming Bounty/Budget Spending Instrument and assign Shawn Tabrizi as Curator (Project Manager). We suggest to increase the available Budget to 1000 KSM. This project in comparable in complexity to the Budget/Bounty project itself and it took quite a few months to complete. 1000 KSM seems like a more appropriate sum.
It’s a very cool idea. How about people don’t need to actively participate, but rather everyone that participates in a vote automatically has a chance to win? Obviously, in this case it would be nice if people could also actively abstain from voting to participate in the lottery. Your chance of winning would depend on your stake/time-lock voting.