Town Hall - Dev Fund | 01/08 - 17 UTC

Hi, everyone!

On Thursday (01), at 17 UTC, @decentralistdan & @peacemonger will be hosting a spaces on X/Twitter with the guests @aquietinvestor & @nuttycom to talk about the new funding model & NU6.

If you have any questions or any topic that you want to bring up to the conversation, drop it in this thread! :point_down:

Town Hall Recording β†’ Town Hall Dev Fund and NU6 - (EN) (You can download from Odysee)

Cheers! :slightly_smiling_face:

11 Likes

Here’s the link to the Spaces event. x.com

2 Likes

Can you please ask about the risk of the Lockbox being underfunded which could negatively impact the need for the creation of the NDFM for disbursement.

If the 12% lockbox/ 8% ZCG Hybrid proposal is determined as the path forward, after 1 year the lockbox would only have about $2,000,000 if ZEC holds on around $30. That isn’t a ton of money for the entire ecosystem.


I can ask this in a different way, How frequently do we expect the lockbox signers to be collectively reviewing/ signing grant requests?


Would there be a possibility of doing support-proportional disbursements?
a crude example
A grant request is for $200,000 for a 6 months project. The 10 signer NDFM results in 7 supporting and 3 not supporting.
Could the lockbox then disburse $140,000 rather than the full $200,000?


Should another Dev Fund debate happen next year?

1 Like

Now that the Dev Fund discussion is coming to a resolution we should think about the other big topics for NU6+ like PoS/PoW and how that will work.

PoS is an opportunity for new coinholder voting mechanisms to be implemented and a move to PoW/PoS before full PoS is also an opportunity for an algorithm change.

I would like to advocate for both to be seriously considered as we move forward into late 2024 and beyond.

6 Likes

Townhall recording:

3 Likes

During all the days of next week

3 Likes