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RE: Is Voter Apathy Our Main DHF Problem? .:. WorkerBee PH-Pool Week 211
A lot of defi protocols have an interesting way to distribute the funds according to the votes. I think downvoting would not even be necessary. We have all a vote regarding how the DHF is distributed and this vote depends on our stake. Now imagine that we have a 100% vote and then we can distribute it the way we want. 25% for project 1, 50% for project two and 25% for return proposal. Like that it would be much fairer because even whales couldn't vote for all proposals with their full vote. I agree that rewarding the voting activity would be quite good. A proposal of the DHF could simply distribute a part of its distribution to the people who drop their votes maybe also in relation with their voting power. This would be another incentive for holding hive power and in my opinion the whole voting process would be fairer.
That's an interesting idea with percentages... But if I disagree with the proposal and I still want to get incentives, without the downvote, I would still have to vote "for" the proposal... true, maybe with a 0.001%, but it is a vote... 😃
The thing is that you can only allocate 100% of your voting power to the proposals. If you don't like one proposal, you don't vote for it or you vote for the return proposal. You would get incentive in relation to the voting power that you use for voting. So the more you use your voting power, the more return you would get.
example:
Proposal 1 - your vote = 25%
Proposal 2 - your vote = 0%
Proposal 3 - your vote = 60%
Return proposal - your vote = 10%
You would vote with 95% of your voting power and you would get rewards for exactly that. You would be limited to 100% voting power and the higher you HP, the more voting rewards you would recieve. If the voting rewards would come from the DHF, this would ensure a nice way to spread it to all people on the blockchain.
That's a really great idea. This would certainly make things fairer.