Incentivizing DAO participation: Ideas and Strategies

[zadok7]

This is important to future of ENS…

@grasponcrypto.eth

Thus, it should be incentivized to not only hold ENS, but to ensure that it is being assigned to ACTIVE delegates. *Active delegates being important here, because assigned to an inactive delegate ultimately renders those votes useless.

I agree some changes in the delegation UX would make this more easily noticed. This could be very visible so that holders would re-delegated if their delegate was not using them. Maybe histories, charts, popup link with their Delegate Application on Forums. Of course an “incentive payout” would get this noticed as well…

@grasponcrypto.eth

If a user has their $ENS delegated, and their delegate votes on a proposal, they receive an incentive payout. There really isnt much to quantify here, either their votes were active or they werent.

ENS holders noticing no incentive would encourage them to move their delegation. This makes sense. Although my question is, do you think that should be incentivized by $ENS? In my opinion maybe it should not. I think that would encourage a lot of gaming of voting possibly. Would people just vote because they know they are getting immediate valuable rewards($ENS) back? Maybe it’s better pegged to a reward token that can be traded later for something but doesn’t have any immediate value? These could even be NFTs?

@Coltron.eth

Although quantifying actual participation is nuanced, the working groups in themselves could be the mechanism for proving actual participation. They inherently prove humanity, are Sybil resistant and provide a quorum to prevent bad actors.

I agree with @coltron. There should be some distinction between incentivizing voting participation and participants in working groups. I think solving that will be an evolving process, but exciting to see what the community comes up with!

@natebeck

working groups will likely be able to identify/quantify active participation better than the DAO as a whole. In fact perhaps we could run a few experiments across the several working groups to identify more / less effective approaches.

Agree