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Proposal: Funding for the Social Experiment to Test the Validator Recommendation Algorithm

jonas
3 years ago

Dear Dotsama Community!

Many of you have participated in the validator selection study and we are very grateful for your help. In this proposal, we want to share more details about the experiment itself and also request funding to compensate all users that participated. We request 242 DOT from the Treasury. Results show, that the participants of the study liked the algorithm a lot and it performed very well both on an objective as well as a subjective level. We cannot provide an analysis of the data yet, because we want to write a scientific paper on it and this requires that the data has not been published anywhere before. As soon as we have a working paper on it, we can provide the analysis to the community.

Short description:

In close collaboration with colleagues from the Poznan University of Technology, Poland, and the University of Trento, Italy, we developed an algorithm that helps our nominators to better find suitable validators. Specifically, it infers preferences on selected criteria through an active learning approach and provides a tailored recommendation. This is especially important, because we do not want to impose any exogenous recommendation on our nominators. Instead, the algorithm is designed to learn the preferences from the users themselves. The algorithm is based on established Multi-Criteria Decision Aiding (MCDA) theories. To validate that our method improves the nomination experience, we test it with real nominators from the community in a social experiment. The algorithm is free and open-sourced and we encourage third-party applications to integrate it in their nomination flow.

This proposal requests for reimbursement rather than an upfront payment. The reason is, that it is critical for the validity of the experiment, that participants are not biased by previous information on our approach and potential discussions in the community.

The experiment was conducted between 12.04.2022 and 29.04.2022 and 118 people participated. According to the design of the study, they receive 2 DOT as base compensation and staking rewards with a due date of May 20th. In addition, users receive an NFT as a token of appreciation to help this study.

The full proposal can be found here

Comments (5)

3 years ago

I love the idea of ​​the proposal and eager to learn more about this algorithm.

3 years ago

The payouts have been made. In my calculation for the token amount requested from Treasury, I assumed 118 participants. It turned out that the final number of unique participants is 115. After talking to a few people in the control group (which had presumably a bad recommendation), I gave a 3 users a second code to check out the real algorithm. I simply forgot to exclude them at first, but I found the mistake and now we only have unbiased and unique participants. I just made the payouts and every participant should have received their 2 DOT base reward and the staking rewards. The funds were used as follows (check out the account transfers here: https://polkadot.subscan.io/account/13ePkWq5ucWhHNZx1U2e4c1Kie6bsRXnrkZ9Yftg8HAUytaF?tab=transfer ): 242 From Treasury -233.3903797 Rewards -1.799100184 TX-fees 6.810520162 End Balance I'll send the rest of the DOT back to treasury after everything has been finalized. Edit: This document shows the exact transfers to each account: https://docs.google.com/document/d/172acVOVbh9516BhTiqhDgo3t3z8S\_h6u-S6BRIkR3Ds/edit?usp=sharing

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