CommonsConfig
Disputable Voting is God mode, it can mint tokens, burn tokens, install new applications, it can govern the economy, has nuclear grade DAO capabilities
As your Commons evolves so should its configuration. Parameters within the different Commons components will be able to be modified after they have been implemented. In this module you will need to define the voting requirements for any proposal to alter the Commons configuration.
Disputable Voting (DV) is the voting process by which the Commons can modify its economic and governance settings post-upgrade. It is a very powerful voting application that is capable of performing many high-impact functions, for example:
Since there are only one set of voting parameters for all Commons components, strong thresholds for passing proposals in DV are critical to ensure the Commons architecture remains uncompromised.
DV is an upgraded version of Dandelion Voting with familiar parameters such as Support Required, Minimum Quorum, Execution Delay and Vote Duration.
Disputable Voting also comes with two new concepts: Delegation and Quiet Ending.
TEC Token holders can delegate their disputable voting powers to another member who will cast votes on their behalf, these members become delegates. Delegates can only vote during the Delegate Voting Period, which is a specified amount of time at the beginning of the voting process. If a delegate votes contrary to their delegator the delegator can veto the delegated vote and cast their vote themselves. Any voter, delegate or otherwise, can only vote ONCE.
In the latter portion of the Vote Duration there's a designated Quiet Ending Period (QEP). If during this period the vote outcome is flipped the Quiet Ending Extension(QEE) will trigger. The QEE will add more time to the voting period, giving eligible members who have not yet voted more time to do so. If the vote outcome flips again during QEE then another QEE will trigger, adding more time to vote. Voting closes only when the QEP or QEE ends without the vote outcome flipping.
Support Required: _____
Minimum Quorum: _____
Vote Duration: _____
Delegated Voting Period: _____
Quiet Ending Period: _____
Quiet Ending Extension: _____
Execution Delay: _____
(Example Values)
We could also let the values in these tables be inputs so users can quickly change settings without having to scan the above text
Parameters | Value |
---|---|
Support Required | 75% |
Minimum Quorum | 5% |
Vote Duration | 7 days |
Delegated Voting Period | 5 days |
Quiet Ending Period | 1 day |
Quiet Ending Extension | 1 day |
Execution Delay | 8 hours |
# of Quiet Ending Extensions | No Extensions | With 1 Extension | With 2 Extensions |
---|---|---|---|
Total Amount of Time to Complete a Vote | 5 days | 7 days | 9 days |
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