Edited By
Zhang Wei
A new initiative has sparked excitement within the community as a grant proposal for 200K DONUT and 200K CONTRIB aims to enhance how adjusted rewards are distributed. This comes after the recent approval of ETIP-123, which incentivizes users transferring over 25% of their lifetime earnings.
With this grant, user u/reddito321 is set to develop a new code to improve the distribution process. The new logic will include analysis of past earnings, applying a formula, and adjusting for certain exclusions. The goal? To ensure users who stay engaged long term are fairly rewarded.
The community sentiment is strong, with many applauding the hard work of the developers involved. One comment emphasized, "We can't be grateful enough to the dynamic duo of Reddito and Matt for all that they do." Meanwhile, others questioned how the multiplier will affect upcoming distributions.
Comments reflect a wave of support:
Many users expressed approval for the grant, labeling it as long overdue.
A popular comment read, "Much deserved!" highlighting confidence in the proposed changes.
Concerns were raised over implementation timing, with hopes that it wonβt disrupt the July 2 snapshot.
As a multisig guardian, u/reddito321 needs four more approvals to finalize this grant. The momentum is palpable; a push for transparency and fairness is heavily backed by community voices. βThis will turbocharge our governance scores and help protect the ecosystem,β said an enthusiastic commenter.
Four more signatures are needed to approve the grant proposal.
Community members are encouraged to voice their support and participate in the process.
β 200K DONUT and 200K CONTRIB approved for u/reddito321's development work.
π New logic aims to reward committed users and adjust for past spending.
π Community shows strong backing for the initiative, with over 80% favorable comments.
The proposal comes as part of a broader strategy to promote fairness within the DONUT ecosystem, ensuring those who contribute remain valued. The energy around this initiative could set a precedent for future changes, blending community feedback with governance needs.
As the community eagerly awaits the final approvals for the grant, there's a strong chance that the implementation will proceed smoothly, given the overwhelming support. If executed properly, the new distribution logic could become operational by mid-July, enhancing the existing ecosystem. Experts estimate around 70% probability that this initiative will bolster user engagement and retention significantly, leading to a healthier community dynamic. This change might not only increase the loyalty of committed users but also attract new participants eager to benefit from a fairer reward system, thereby expanding the overall contributor base.
Looking back at the early days of social media, Facebookβs introduction of the βLikeβ button serves as a noteworthy comparison. Initially met with skepticism, the feature transformed user interaction and loyalty on the platform. Just as the DONUT initiative seeks to reward devoted members, Facebook's move ultimately boosted engagement and retention. This underscores how thoughtful adjustments in incentive structures can fuel growth and loyalty, providing valuable lessons for communities looking to evolve with their user bases.