30 KSM to anyone who creates a proposal to reduce deposit for Treasury proposals
I'd give 30KSM to anyone who creates a governance proposal to reduce the KSM deposit amount required for treasury proposals from 5% or 20KSM to 2% or 3 KSM. Current treasury UX includes signing up/logging onto Kucoin, transferring crypto to Kucoin, exchanging that crypto to KSM, creating a KSM wallet, sending your Kucoin KSM to your wallet KSM, staking your 20+ KSM (assuming its enough), downloading/logging onto Riot to scroll through Kusama Direction to see community norms and make a case for your proposal, going to PolkadotJS and following the Wiki to make a proposal, and hope you don't get slashed. If you need to submit 1 proposal to get the KSM necessary to make your real proposal, repeat last 2 steps 2x. It will take new/better UIs and more exchanges to make this simpler. But even after going through all the above steps you still might lose minimum $55 for applying.
Comments (3)
From Emiel:
We actually increased the deposit because people spammed the treasury.
I sincerely do not believe that the 5% deposit amount is the UX bottleneck for successful spending on quality treasury proposals. If a team has a good proposal this council is more than willing to make treasury spending happen one way or the other. In any case it would be reckless for a team not to get a soft approval from the council. If your team has that soft approval then the deposit is no longer an issue I suppose.
I do agree that we have a UX problem. I see multiple problems/solutions:
There could/should be a treasury page/button that allows any user to suggest a tip (tip.report_awesome). This lowers barriers for any user to suggest a tip.
There could/should be treasury page/view that lists ‘open’ tips and a button a council member can click to support the tip. I once wrote down the cumbersome steps council members need to take to jump through these hoops. (I need to look it up).
There could/should be some general guidelines/documentation how teams/users can get funding from the treasury and what increases your chance of success.
In general I expect some council member’s inactivity may be the ultimate cause for treasury proposals not passing. You need a supermajority i believe (10/13 aye votes). Perhaps we need to make the primary council vote work for treasury proposals too (as it does for council motions).
Perhaps more public discussion on governance portals such as polkassembly or commonwealth.
I think this council would be willing to support projects to solve these UX problems with treasury proposals. Lowering the deposit is not a solution. Getting quality proposals is a solution.
From Will: Just curious. If the deposit amount was lower I would probably try and participate and submit things. No idea if those would be truly great Treasury proposals, but that combined with the ux being easier I think might get more participation.