Participation Incentives

Proposals

The gas cost of submitting an asset is relatively high, and therein will likely limit the number of extraneous entries (low market cap, poor liquidity, etc). Regardless, the DAO offers a simple incentive to sensible submissions, where proposals that are accepted and win the overall cycle asset vote a randomly selected contributor will receive 0.10 ETH.

Voting

During the voting period of proposed assets all DAO members are encouraged to participate in the cycle. However, in order to bolster participation, 0.10 ETH is awarded, at random, towards any single voting wallet's cast vote for the winning selection.

Example

Assume 10 assets are proposed, garnering varying support as below.

• 500 proposals: AAVE;0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9

• 400 proposals: USDT;0xdac17f958d2ee523a2206206994597c13d831ec7

• 300 proposals: WETH;0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2

• 200 proposals: UNI;0x1f9840a85d5af5bf1d1762f925bdaddc4201f984

• 100 proposals: WBTC;0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599

• .. And five other assets, totaling 100 votes.

As described in Proposals and Voting only the top five proposed assets go on to voting. Below, AAVE wins the overall asset purchase proposal with 900 votes.

• 900 votes: AAVE;0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9

• 200 votes: USDT;0xdac17f958d2ee523a2206206994597c13d831ec7

• 100 votes: WETH;0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2

• 100 votes: UNI;0x1f9840a85d5af5bf1d1762f925bdaddc4201f984

• 100 votes: WBTC;0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599

The two pools' participants can now be considered for randomized reward; AAVE proposal period (0.1 ETH) and AAVE voting period (0.1 ETH), 500 and 900 individual wallets, respectively.

To verify the PRM download the scripts used to perform aggregations and randomized choices here.

In order to replicate the results,

• Download the asset proposal and vote CSVs as prop.csv and vote.csv, respectively from Snapshot

• Obtain the hash number from the final asset vote and paste it within hash.txt

• Run the first then second script to validate results published.