forceSetBalance treasury to 0
2 years ago
Timed Out
Current DAO designs operate around network treasuries bootstrapped via speculation.
In practice, these treasuries become a liability.
Incentives collapse, rather than expand collective intelligence.
Alternative: mint illiquid/vesting network token for objective on-chain impact — driving economic adoption of native stablecoin issued by Brale with yield staying within ecosystem.
Comments (6)
2 years ago
Speaking personally, I see this as a malicious Referendum.
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Proposal Failed
I am voting aye with the perspective that public voting would be more critical if DOT in the treasury was more scarce. There are other, more rationale means of achieving this but I'll give this "not going to pass" vote some support.
Do note that I didn't submit this proposal (even by alias) and I don't anticipate that it would receive a decision deposit to move into the decision period.