@blockful supports the direction of this proposal as a necessary short-term fix for our quorum challenges.
We’d like to suggest a few refinements
Key Points:
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Equal Distribution: We strongly agree with @Curia and @connormcmk that distributing tokens equally between all the active delegates is less error-prone, fairer, and much simpler to execute. This approach raises the bar for everyone at the same “height” and avoids unnecessary complexity. We still appreciate @SEEDGov’s efforts on improving the formula and running simulations on the spreadsheet.
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Sybil Resistance: An attention point for both the current proposal and if it’s needed again in the future is sybil resistance, since anonymous delegates could actually be the same actor accumulating delegation across different profiles. This should be addressed in implementation.
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Alternative Approach: Since the proposal threshold is 50M SCR tokens (which only the top 6 token holders have) and all past proposals were submitted by the foundation because they have the governor’s manager role, a possible path that would be equally effective is decreasing quorum for now. This doesn’t increase security risks because 50M SCR is still needed to submit a proposal, which would likely win the votes anyway.
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Implementation Tool: The Franchiser contract could be an effective tool for managing the delegation distribution. We’re interested to hear how the Foundation plans to operationalize this and are happy to support the implementation as well.