Polkassembly Logo

Head 1
Head 2
Head 3
Head 4
Create Pencil IconCreate
TRACKS
ORIGINS
Report an issueNeed help with something?
Foot 1
Foot 2
Foot 3
Foot 4
OpenGov
View All Wish For Change
Rejected

Should we abolish DV?

inWish For Change
a year ago

Should we abolish DV? I understand that technically this may not be feasible (unless the brilliant minds within the fellowship can find a way to implement it) but even if it is not technically possible I think this could still act as a survey for the real DOT holders to express their opinion and that maybe W3F will listen It is my opinion that the real ultimate purpose of on chain governance is to minimize selling pressure, and not to achieve some sort of abstract socialist idea of fairness or equality Every time there is a contentious decision it is always better that the majority of the real DOT holders have their way compared to the minority because in the worst case scenario it's going to be the minority selling and not the majority so it is always the best interest of the ecosystem that the majority of the real DOT holders that have the power to sell get their way The only purpose of governance is to minimize selling pressure and nothing else in my opinion Based on that assumption even in case it is not possible to technically prevent DV (as technically those are DOT belonging to W3F so this is not a matter of referendum) this can serve as a survey to indicate to W3F what is the real desire of the real DOT holders (the ones that can potentially sell because they really own DOT) This referendum done on this track allows to discover the intention of real DOT holders and it excludes DV so we can really understand what the real DOT holders want By the way this is not about whales versus shrimps but it's about holders versus non-holders and capitalism versus socialism Let's hear the opinion of the real DOT holders

Comments (14)

a year ago

I think DOT has more value than just monetary. The comparison of capitalist versus socialist is also a bit strange. I assume that DV is also fundamentally interested in increasing market capitalization. Other approaches may be prioritized for this. (I'm probably not aware of all of your disputes or disagreements.)
If you look closely, it could actually be bad to the technical benefits of the ecosystem if DOT was to grow significantly in value.
The demand for an asset that can be financially exploited or a sustainable one that is technically or maybe as well morally advanced are very different. Of course we all want both. But both sides should actually be taken into account.
(That should be mentioned. I consider OpenGov in its current form to be anything but morally right. But that's not the point.)

What is your exact accusation in the matter against DV?

a year ago

I can't believe there is someone so far from reality. Disheartening. You try to distort the situation to create a controversy that does not exist. Trying to divert attention from the fact that your presence has been dissolved and make believe that direct democracy by delegate is something of socialism versus capitalism. Are you trying to strike a chord with "capitalists"? It's so embarrassing. Don't be inept, please. And above it, don't take us for morons. Please, stop making a fool of yourself and logout from Polkassembly and X. It'll do you good and help Polkadot.

Load more comments
PleaseLogin to comment

Confirmation Period

3

of 3

Decision Period

28 / 28 days

Confirmation Period

0 / 1 days

Summary

0%

Aye

AyeNay

0%

Nay

Aye (4)0.0 DOT

Support0.0 DOT

Nay (85)0.0 DOT

Voting Data

Approval%

Support%

Threshold0.00%

Threshold0.00%

Help Center

Report an Issue
Feedback
Terms and Conditions
Github

Our Services

Docs
Terms of Website
Privacy Policy

A House of Commons Initiative.

Polka Labs Private Limited 2025

All rights reserved.

Terms and ConditionsTerms of Website
Privacy Policy