Hey everyone!
I’ve been gradually reviewing Rari’s proposals, and I found this one particularly interesting for the future of its governance.
In addition to the changes outlined by @Jaf, I wonder if there are any current KPIs that could be compared with the newly proposed ones — for example: number of delegates receiving delegation, amount of tokens delegated to each of them, and unique proposal voters.
Regarding KPIs, it seems appropriate to include a contingency clause if price, liquidity, or staking uptake fall below predefined thresholds.
Depending on how the numbers look month after month → by the end of Phase 1 we should have enough supporting data to decide whether to continue the campaign as planned or pivot to a different approach.
Finally, I agree with this comment and in my opinion that it should be clearly articulated within the proposal. If the specific goals that motivate this proposal — to improve governance participation and increase the utility of the $RARI token — are not met, I think based on the proposed monthly reporting, the DAO should consider stopping or resizing Phase 2/3 based on Phase 1 data, under a “test-and-learn” strategy.
Thanks, @Jaf for the revised proposal based upon comments above, and your revisions align with a proposal that reduces risk and tracks (and adjusts) for success. I fully support your revised proposal and will vote “yes” on Tally.
I also support and endorse also adding to this proposal, @Carla comments above of KPIs that track # of delegates receiving delegation, total amount of delegated tokens per delegate and unique proposal voters (i.e. “net-new” voters).
Switching from mainnet to RARI Chain governance might be a bit of a hurdle for many without incentives present. Staking incentives will help attract much-needed voting power for the governance transition.
The reduced cost and KPI reporting also make a lot of sense. Essentially, the cost of the proposal will get us 5x the voting power. Half the incentives will be distributed during Phase 1, so hopefully, we see at least 150,000 RARI migrated to the new governance contract by the end of the first 4 months.
