Reason
We’ve long decided to restructure our current membership model, this is an attempt to simplify without taking away any of the benefits GRAPE offers. -Access -Voting rights -Community
Reducing Membership Model
Simply reducing our current 4-tier model (neanderthal, Great ape, ape, gibbon) into a 2-tier model. Those would be
Neanderthal (222,222 $GRAPE)
GReat APE (33,333 $GRAPE)
(Idea: holding GRAPE, name is still purple, but no longer having A, B, or C)
Introducing “on-chain emissions
As I feel what is important to GRAPE is to identify and reward the activity in governance. This pivot better represents what I believe GRAPE is going towards and an easier way to measure contribution.
-The initial proposed amount would be 690,000 $GRAPE to be rewarded each epoch
(This number was obtained as class emissions were typically around this number, more on that in #4)
I need help with this equation iif anyone is willing.
Need to think about the mathematical equation for this, but what I was thinking is to
a. grant a maximum reward of 69,000 $GRAPE per proposal (typically ~10 proposals)
b. Failed proposals would yield a 25% reward instead of a full 100%
THIS SHOULD NOT BE COMPLEX SO THE EVERYDAY USER CAN UNDERSTAND IT
Eliminate Class Emissions
The introduction of “on-chain emissions”, would eliminate the need for “class emissions” Having a static membership would not only reduce the organizational effort it takes to update across all mediums but give the Solana community a simplified version of what it takes to be in GRAPE and scale easier.
The plan is to move forth and execute this as an on-chain proposal if no feedback or counter proposal is put forth. If it fails, so be it. But I think it’s time we do something about the membership. Ideally, after the initial framework is made, we would expand this model over time gradually in order to fall in line with the long-term objectives of GRAPE (staking, nfts, price adjustments) and the betterment of the community.
Would like to read some more details on your thought process in choosing the numbers above.
“The initial proposed amount would be 690,000 $GRAPE to be rewarded each epoch”
Where is the 690,000 number coming from?
In this proposal the emissions are actually increasing and reducing the members who qualify. In July the total membership emissions on realms was 310,930 GRAPE
Love the initiative on this and totally up for reducing the classes to 2.
Can’t really argue against moving away the inflationary membership. Perhaps @billy.grape can provide any arguments why this might break anything?
What exactly are onchain emissions?
What happens to all the current gibbons & great apes? Do they get airdropped the difference towards the new Great Ape and let the chips fall where they may (they’ll still need to deposit in realms to keep the role, right? Right?
On-chain emissions is my way of saying rewarding grape for voting.
I say let the dominos fall where they may.
However, we can have a short term have a “Tell us why you’re GRAPE” channel
Then on a case by case basis we can reward those individuals with the needed GRAPE.
This would also let us know who is actually interested in staying in the community.
I’m not the biggest fan of tying emissions to voting tbh. I don’t want to feel compelled/forced to vote, even on issues that I might not have the strongest opinion on. With tying emissions to voting, then we might get voters who are voting on issues that they might not be fully informed on but are voting just because they want to maintain their emissions.
Also, why get rid of the smaller tiers? Do you think the Gibbons and Apes will upgrade their membership to Great Ape or will they instead dump their $GRAPE? I’m worried that getting rid of their membership tier might be sending the wrong message at this time.
I originally joined the Great Ape membership tier to access the alpha channels and to get more emissions for $GRAPE, as well as giving me the ability to apply for the DAO. Now with the alpha channels gone, and now potentially removing emissions, I just hope that Grape can successfully create a new vision that will re-invigorate the community.
Fair point. Nothing is set in stone, merely introducing an idea. Maybe a balance is best, or just to leave it. Happy to hear peoples thoughts on the matter so far in this thread.
Simplicity is reason for reducing the tiers. The cost is copmaritately not that much, plus there certainly many avenues to earn GRAPE as well.
As mentioned by Taki earlier on what would happen to them, perhaps we can host an event so that members who are still interested in maintaining such a role can still do so.
Like the “Why are you an OG” even hosted many months ago.
I don’t feel like I’m in a position to offer a new vision as I’m not up to date on everything the greater DAO is doing, or what has been discussed. What I can tell you is that from my perspective I do miss the alpha channels, especially hearing from the researchers talking about the space. And I liked the idea of earning emissions by attaining certain tiers of membership. The alpha channels are now gone, and now there is a proposal to remove the emissions.
My question is, if you remove the emissions, then what is the new vision for Gibbons/Ape’s to upgrade their membership level? My previous point remains that if you tie emissions to voting then you are incentivizing potentially uninformed voting. I’d personally like to see the emissions remain the same, and giving bonuses on voting. It still doesn’t solve the issue of potentially incentivizing uninformed voting but at least it’s not forced (at the risk of losing emissions completely).
The brutal truth is anyone who bought into the membership tiers in 2021 like myself are down bad. What costs thousands to attain now only costs less than $300 (Great Ape). Asking a portion of your membership to upgrade or lose their status when they are down so bad might not go over that well. I just hope that the incentives to upgrade will be there.
I think up to January/Feb the Researchers were more active/engaged, there were a couple of main brains leading it, one who was gaming the emissions system and the other who felt they should be getting greater compensation, they both effectively left at the same time and a couple of others disappeared into the ether at the same time.
Then skill force emissions across the board were effectively on hiatus for 3-4 months so only one or two kept up doing more than reposting tweets.
On the class emissions side, I think we can move forward with introducing the “abstain” option and linking it to voting participation. The skill force is another topic.
Researchers were fun but after the rewards stopped they either got salty or just moved on. We never found a great way to monetize that action and moving to a separate subDAO was not endorsed!
Big thank you for this, i think its really needed!
I like where this is going! I believe we should go with even higher values. I like the symmetry you are going for so let’s make it rounder and get Neanderthal to 333,333 $GRAPE! (not change the proposal number)
With 3,000 Neanderthals we have the whole supply locked up in membership!!!
And on the gamification of our discord roles experience, I would love to have some secret roles.
Special roles for 1m grape and 10m. Later on, as we get more stuff onchain we can play with the add more cosmetics.
On the last part.
a. grant a maximum reward of 69,000 $GRAPE per proposal (typically ~10 proposals)
Going back to limits, i dont disagree perse but its not imaginative
b. Failed proposals would yield a 25% reward instead of a full 100%
On this one i strongly object, only successful, non reoccurring proposals should award voting power.
-Hold off on any changes to membership emissions (they still are tied to realms deposits and are the apy of your tier
-Eliminate gibbon class
-Personally, I think we are at the point where we provide huge value for all members. Raising the great ape/gorilla amount to 30,000 would be my vote. This is a defining moment where we will see some members drop off while others will be more active than ever, and I think that is a good thing
