I support this initiative. I have proposed having different approaches to governance a while ago proposing a streaming budget. I would ask anyone building to check the prototype on the link too.
Is it possible to have the vote weight strategy on main net but the actual resulting vote on a layer 2? It would help making grants cheaper and more interesting.
I am a bit afraid that having multiple rounds to create a governance fatigue, in which people need to keep voting for new stuff. It’s ok for small values as we can just check the results every few months and refill the purse. I would like however to evolve this later into a system that have more complex voting and funding methods:
- Allow not only a small grant but also a recurring streaming payment for continuous development and maintenance of each project. Most projects are not just a one time thing and require multiple rounds of funding before they get autonomous.
- Instead of having to continuously vote in multiple rounds, I would like to see an option where voters simply express support for or against a project. Projects need to have a minimal threshold of support to get the initial grant, and need to keep that support to keep the streams active. So if a project had, say, a budget of initial 10K + 1k per month, then if the project passes the threshold they would get the 10k grant. But at any point in the process, if the project fell out of favor or a better one became more supported, they could lose their streaming rights (I would also add a 5-10% buffer so the longer someone got a stream, they would have a longer period in which they kept getting the stream after having gotten “fired”)
Of course all these can be built later.