Nothing came up for

Prototype Diversified Voting Method

$150,000.00 Requested
Ideascale logo View on ideascale
Problem:

<p>Can we implement a prototype demonstration of diversified voting and flexible funding for one challenge fund?</p>

挑戦: F6: Fund7 challenge setting
over budget Requested 2.778% of the fund.
コミュニティ・アドバイザー・レビュー:
4 (9)
Yes Votes:
₳ 48,353,873
No Votes:
₳ 19,684,863
Unique Wallets:
367

Why is it important?

Prior to implementing a modification to the Cardano Catalyst voting mechanism, a trial is necessary to test the proposed recommendations.

What does success look like?

25% of the voting wallets participate in the prototype vote.

The results demonstrate important differences in selected projects.

Key Metrics to measure

* Was the outcome of the vote substantially different from the current method?

* If the outcome was different, what was the measurable influence of smaller sized wallets?

* Did the flexible funding capability influence the selection of awarded projects?

* Are there any detectable security risks with this rebalanced influence?

* How did the participation in the prototype vote compare with the current Cardano Catalyst voting?

Challenge brief

Proposed Objectives

* Execute a demonstration vote using square-root, quadratic, or related generalizations of these weighted voting methods.

* Allow for a flexible funding award so that high-quality projects are not eliminated by small differences in the proposed and available budget.

* Provide evidence for evaluation of the effectiveness of the weighted voting to:

a) Provide a balanced influence across cohorts of wealth

b) Increase the participation in the Cardano Catalyst voting process

c) Provide flexibility in deciding on the funding level for projects

Methodology

Required:

  1. Establish the category for the voting. This can be either an existing category that will then have two voting processes or a separate voting category that will only use the alternative process.

  2. Utilize the recommendations from the Diversified Voting Influence analysis to prototype a promising methodology for executing the diversified voting and flexible funding.

  3. (Optional Detail) In addition to weighting the votes, establish a vote influence budget across all the proposed projects rather than per project. In this manner, votes have to decide how much of their influence to allocate to each project.

  4. (Optional Detail) Include an adjustable weighting of how many budget funds are allocated to an awarded project. The purpose of this flexibility is to ensure that projects are not eliminated due to small differences in the proposed budget and the remaining budget left in the category.

  5. Provide analysis of the outcomes and recommendations for implementation into the Cardano Voltaire roadmap.

コミュニティ・アドバイザー・レビュー

Addresses Challenge

4 / 5
3 レビュー

Does the proposal effectively addresses the challenge?

コミュニティーレビュー (3)

Commenter gravatar

I agree with this proposal because I think that trying out a different way of voting, parallely with the current way would show if there was an advantage of having other ways of voting and whether that would make a difference in the number of projects accepted and rejected through voting

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_460
Total QA Ratings
9
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Commenter gravatar

Implementing a demonstration of diversified voting and flexible funding aligns with the Cardano mission driving adoption of Cardano however the challenge brief is more of a proposal than a challenge. The challenge brief is very specific in that it will require a prototype vote using recommendations from the Diversified Voting Influence analysis then provide an analysis of the results. By my understanding, it does not appear that there could be multiple winning proposals under this challenge, at best there might be competing teams for a single contract to do the work. I neither agree nor disagree that this challenge is critical to achieve Cardano's mission.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_344
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Commenter gravatar

This proposal looks to experiment with the voting process in order to determine what is the best way to weigh wallets and voting. We want to make sure governance is fair and those with a larger stake have a larger say, but we also don't want smaller voices drowned out.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_612
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Feasibility

4 / 5
3 レビュー

Given experience and plan presented is likely that this proposal will be implemented successfully

コミュニティーレビュー (3)

Commenter gravatar

The budget for this project is reasonable .

人間性の確認

コメントを書く

Replying to

Commenter gravatar

The catalyst community has the technical capabilities to address the challenge however its not clear to me when and how the community chose to use the recommendations from the Diversified Voting Influence analysis as the desired voting methodology. I suppose voting for this challenge would give it legitimacy however in that case a link to the analysis and recommendations being made would be required for informed decision-making. I neither agree nor disagree that the Catalyst community has the capacity to address the challenge.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_344
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Commenter gravatar

The community has the capacity to experiment with voting and different weighted voting mechanisms. We even have another proposed challenge called challenge governance that this could be combined with.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_612
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Auditability

4 / 5
3 レビュー

Does the proposal provides sufficient information to assess and audit progress and completion?

コミュニティーレビュー (3)

Commenter gravatar

The success criteria are relevant to the challenge question. The key metrics are relevant to the success criteria and some are measurable. I agree that the success criteria and suggested metrics are set correctly to measure progress in addressing the challenge.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_344
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Commenter gravatar

The Verifiability of this is clear. Metrics have been identified, a roadmap has been laid out to be carried out. Metrics include No of votes for each proposal using each method of voting how did smaller size wallets influence it Does the flexible funding capability influence the selection of awarded projects Are there any detectable security risks with this rebalanced influence How does the participation in the prototype vote compare with the current Cardano Catalyst voting?

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_460
Total QA Ratings
9
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

Commenter gravatar

The criiteria and sugjesteed metrics are sufficient to measure the progress as they cover outcomes, measuring changed outcomes, security risks, and the effect on participation.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_612
Total QA Ratings
6
QA Rating Outcome
Good
人間性の確認

コメントを書く

Replying to

EP1: 'd' Parameter
0:00
/
~1:00
1x