Problems
- DXD is not sustainably intertwined into DXdao long-term
- REP holders have no incentive for good governance
General Goals
- Scalability (fractalization and cost)
- Decentralization
Primitives
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REP is earned. Reputation is the on-chain representation of contributions to DXdao.
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DXD is the liquid financial value in DXdao
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Holding DXD does not necessitate governance participation
Notes:
- Reputation should remain non-transferrable; a multiplier or constant may be applied for a new governance denominator, “voting power”
- DXD on-chain guarantee for DXdao financial claim
Voting Power - What makes a governor
- Need both DXD and REP to have any voting power
- Limits on accumulating voting power in one address
- Voting power should decay over time
Voting Mechanics
- Holographic consensus
- Flash loan resistance and protection against an economic attack
- Incentives for governors to participation