HOW TO: Community SPS Governance Proposals

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Splinterlands Governance

Community Suggested Proposals

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How To Make A Suggestions

(1) Transfer 100,000 (100k) DEC tokens to null from the same account that will be publishing the proposal post and note the Hive blockchain transaction ID of the transfer (can be found on https://hiveblocks.com and will be added to the Currency Activity page on the Splinterlands website shortly).

(2) Publish a post on the Hive blockchain detailing the proposal and include the hive blockchain transaction with the DEC payment as the VERY FIRST LINE in the post.

(3) Tag the post with #spsproposal.

(4) Stakeholders can upvote the post if they support the proposal or downvote the post if they do not support the proposal.

(5) After 7 days (when the voting period ends for Hive blockchain posts), the Splinterlands team will calculate the total staked SPS held by all users who upvoted the proposal post and all users who downvoted the proposal post.

Additional Information:

If the total of the staked SPS in the accounts that upvoted or downvoted the post is at least 5% of the total staked SPS in the system (roughly 473M currently), at least 66% of those were upvotes, AND the proposal meets the other guidelines described below in the linked post, then the proposal will move to an official vote and be published on the proposals page of the Splinterlands website. All SPS Governance information displayed above was taken from the official announcement post in which can be found by clicking the following link: https://peakd.com/splinterlands/@splinterlands/sps-governance-community-proposals-v1

RentMoney's Thoughts

Its great to see this new step in SPS Governance being implemented. If I had to nit-pick something the 100,000 Dark Energy Crystal (DEC) fee would be it. I feel as that price point might be a little steep considering the fee is for all suggestions. I do understand the need to limit suggestions as there is likely to be a decent amount of ongoing manual work to over-see this new implementation. That being said another way to go is having a suggestion fee and a listing fee. For example if one wants to make a suggestion to the SPS stake holders the cost could be 25,000 DEC (Suggestions go on the hive blockchain as outlined above) and if that suggestion gets enough votes from SPS stake holders an additional 100,000 fee would be needed to list said suggestion on the Splinterlands site thus making it an official proposal. I believe we might see more but not an overly amount of suggestions thus more burned DEC this way. *$100 for creating a suggestion might be a little too high to garner enough interest to make this a viable DEC burn. Personally I can't wait to see the potential proposals that the Splinterlands community comes up with.

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Chaos Legion

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Interesting system. I’d probably agree, 100k dec just to share your suggestion seems a little steep, Is there even any guarantee it will then be seen by users in order for them to vote?

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(Edited)

No guarantee that is written in stone but one would think at the very least the Splinterlands team would have read the suggested proposal. I suppose when it comes down to it its up to SPS holders to visit the blog topic and then decide to vote on the post or not.

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Yeah, will depend on how involved the majority of SPS holders are, I know my small stake doesn't get much love at this side!

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It seems like a great idea to me and I also agree with the rate. It is a filter mode and it will also help somewhat to stabilize DEC.

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With no filter/ fee I suspect there would of been allot of suggestion posts flooding the proposal tag. I just wonder if the fee was set too high and we get too little suggestions.

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Opening proposals to the community is a great idea. I was more struck by the need to get 5% of the staked SPS to vote. That might be more of a filter. Whales only. Or lots of folks interested in your proposal.

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That is a good point. I guess that would depend on how many of us SPS stake holders routinely frequent the blogging side of the HIVE Blockchain. The Splinterlands team will likely make adjustments if needed.

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