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w-g
@w-g
Slashing mechanism for Nouns: - deposit-to-propose (proportional to CI or size of ask, whichever larger) - proposal succeeds: deposit is reclaimed on queue - proposal fails: deposit enters a queue phase where anyone can vote to withhold. This vote is imo best if weighted by noun age (decentralized judiciary) and carries its own dynamic quorum curve (ie consensus required to slash can be as stringent as desired) motivation: -the carrot of pushing a malicious high cost prop is an ongoing existential risk to Nouns -proposal spam can quickly become a concern as supply expands, permissionless swapping grows in adoption, etc. -The current lever of increasing proposal threshold is undesirable since it generically slows gov speed at the expense of more centralization. It’s also useless in discouraging coordinated attacks -More good faith props from more unique voices is good! -low cost props are generally low risk (Likely protocol-change props require their own treatment)
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Michael Gingras (lilfrog)
@frog
Agora is working on something like this for ENS. It’s called proposal bonds. You post a bond to put up a proposal, but folks can either 1. Approve 2. Reject and keep bond 3. Reject and return bond 3 exists so proposals don’t get pushed through bc we feel bad about someone losing a bunch of money through their bond.
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wiz
@wiz
def need some kind of slashing mechanism but i think it should be a redistribution of voting power
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